Lloyds Bank unveils the new 2014 Student Current Account that offers numerous money saving benefits, including a free NUS extra card for three years to help students save an average of £525 annually.
The current account, which will be available to new and existing customers from 4 August 2014, also provides a tiered interest and fee-free planned overdraft of up to £2,000.
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The free NUS extra card for three years allows students to benefit from exclusive discounts, offers and competitions from over 170 brands and retailers, including Amazon, Apple, ASOS, Co-operative Food and Odeon.
It also features new mobile banking app and ‘pay a contact’ service, which enables students to manage their finances on-the-go. Students can view accounts balances, pay bills and transfer money between accounts.
Lloyds Bank current accounts director Phillip Robinson said: "As a leading provider of student accounts, we appreciate the challenge students face with their finances.
"We have designed an account to help students make their money go further and to make sure they are in a position to feel in control of their finances when it matters most, both now and in the future."
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By GlobalDataUsing "Everyday Offers," facility, students can select participating retailers to earn cash back on their everyday spending. They can also benefit from the ‘Ask the Experts’, which offer fair help and information.
