Lloyds Bank has launched its 2024 student current account, offering £110 in cash. That is alongside a 20% discount on selected Student Union events during the upcoming academic year.
Students who open a new student account, and pay in at least £500 between 1st August and 11.59pm on the 31st October 2024, will receive the £110 cash offer. The £110 will be paid to eligible customers by 30th November 2024.
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Alongside the cash offer, students will also receive a minimum 20% discount on selected Student Union events, which include live music, club nights, in person and virtual talks- in the 2024/2025 academic year at universities across England and Wales.
Students can also earn 2% credit interest on balances up to £5,000
An interest free arranged overdraft, of up to £1,500, is also available subject to application and assessment.
Mobile banking app gives students 24/7/365 access to their finances and we use some of the latest technologies and systems to help keep our customers money safe.
Everyday Offers rewards customers with up to 15% cashback at selected retailers including ASOS, Domino’s and Sainsbury’s.
Contactless debit card with the option to set a personal contactless payment limit between £35 and £95 via the app. Smart alerts can be switched on, to let customers know if their balance is running low, if they have insufficient funds to make a payment and when regular payments are coming up or have been made.
Vivek Khattri, Current Account Director at Lloyds Bank, said: “Heading off to university or college can be daunting as well as exciting so, this year, we’re setting students up with £110 in cash to kick start their journey. We know the socials and new friendships are also a big part of the experience, which is why we’re also offering discounts on Student Union events.”
