Halifax student account a 'good choice' by Finance News Bulletin

Published: 11/09/07

The package is available to students once they have been guaranteed a place by a institution of higher education and will offer an interest-free overdraft of up to £2,750 from the first day of studyThe interest-free overdraft on the Halifax explanation will continue for one year after students have graduatedHalifax shows that a number of other main financial providers offer a graded overdraft ability which only increases up to £2,000 in the fifth day of studyStudent Halifax accounts also offer generous discounts on AA breakdown wrap, if cards are lost or stolen as well as a ten per cent reduction on World traveler Travel insurance

Paul Marriott Clarke, skull of banking at Halifax, said: "These greater than before interest free overdrafts could mean a significant saving over a three-year route of study - far better value

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