Save the stress for uni exams, not uni fees! Get Santander student loans
Everyone know that university life can be loads of fun, but it can also be stressful. And we are not just talking about assignments, presentations and exams. University fees, text books and other college expenses can create just as much pressure as the study itself. And it is a stress that a student does not need, especially during exam period.
This is where Santander comes in. Santander UK prides itself on being one of the leading personal financial services companies in the UK, and they offer loans to help students out while they are studying or once they have graduated.
For current students, Santander offers student loans in the form of a current account. All you need is a £500 deposit in your account and you can take out between £1000 and £2000 with absolutely no overdraft fee. If you do not have the initial £500 to start with, no worries. You can still withdraw but you will need to pay an overdraft of £250.
Other benefits include a low interest rate of 1.98% on the money in your account, on balances up to £500, daily withdrawals of up to £300 - completely free of charge - at over 1300 Santander or LINK cash machines in the UK, 24-hour a day online banking access and a free Visa debit card so you can withdraw and make purchases safely and easily.
Wait, there is more! If you deposit £500 into your Santander student account, you receive insurance for your mobile phone, laptop and two of your favourite appliances absolutely free for up to three years!
If you have recently graduated, you do not need to miss out! Santander also offers financial support for those of you just starting out in the work force. With the Graduate Account, your can borrow up to £10,000 at 7.5% APR, you have access to an overdraft manager to assist you in paying off £5,000 of your student debt over 3 years, and a fee-free arranged overdraft of up to £2,000 in the first year, decreasing over the three year period so you can pay it off without emptying your savings.
How do you apply for one of these accounts? Just pop into one of the Santander branches located around the UK, and remember to bring some ID along with you.