If you don't provide your mobile number or let us know when you've changed it, we won't be able to send you these text alerts. Global Banking & Markets. They're designed to help you compare one credit product (like a loan or an overdraft) against another more easily. How do I open a student bank account? Having said that, if you have a good credit score you might get closer to … See our help and support pages for guidance and to find out what you can do through online and mobile banking. You'll need to be 18+ and have a confirmed place on a qualifying course at a UK university or college. Apply for a Bank Account online today! If you try to make a withdrawal at any HSBC cash machine that would take you over your arranged overdraft limit, you'll get an on-screen alert to let you know how much money you have available to withdraw. Show your money who's boss. It takes into account not just the interest, but also any other charges that may have to be paid and any interest free amount". HSBC Premier Account; HSBC Advance Account; Bank Account; Student Account; Switching to HSBC; View all current accounts. If you're new to managing your own budget, our free expert guides will help you do it with confidence. For all HSBC customers, we can take care of your international account opening needs and assist with foreign currency payments if you are considering studying overseas. There’s no need to enter any bank details – all you need is your mate's mobile number. The HSBC Student package is available for: a full-time student, either Maltese or a foreign national, studying secondary or tertiary education in Malta; aged between 13 and 25 years; stipend must be credited directly into an HSBC Student Account Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, Back to 'Overdraft representative example', View our service status to see how we're doing, Careers, media, investor and corporate information, live in the UK and have lived in the UK, Channel Islands or Isle of Man for at least 3 years, don’t have another student account elsewhere, have proof you've been accepted onto a qualifying course at a UK university or college. Representative example: 0% EAR5 variable, giving a representative rate of 0% APR6 variable (assumed arranged overdraft £1,200). HSBC can assist with all of your global banking and foreign currency needs. You can opt out of the arranged or unarranged texts at any time by phone, or by going into a branch. Up to £3,000. You might also be interested in. stipend must be credited directly into an HSBC Student Account. You can request an increase of up to £2,000 in year 2 and £3,000 in year 3, subject to status and how your account has been used. View your linked accounts in 'Account overview'. Student Bank Account Recently arrived in the UK? No interest or charges whenever you use your overdraft. ... Channel Islands or Isle of Man for at least 3 years, apply for an HSBC Student Account instead. STUDENTS who switch their bank account to HSBC can get a free £100 – and it’s the only bank offering this perk for those off to university soon. Based on an assumed arranged limit of £1,200. 4 Certain restrictions, limits and exclusions apply. Back to 'Overdraft representative example', 4. Your HSBC debit card makes the ideal companion. This can help in months when you have extra expenses. EAR means effective annual rate. You must make regular credits into your account in order to keep any arranged overdraft limit we agree. HSBC, Student Bank Account. Back to 'HSBC Student Bank Account' 7. You 1% extra in your deposit if you have over £1,000 in your account. If the tuition fee amount exceeds the credit limit, you may transfer the amount required into credit card account before you make the tuition fee payment by your credit card. It can also help make sure you never miss a payment on something important like your rent. To be eligible, you'll need to be 18 years or over and have a residential address within the EU. The HSBC Student package is available for: a full-time student, either Maltese or a foreign national, studying secondary or tertiary education in Malta. Overdraft offers are subject to application and an assessment of your financial circumstances. Begin your student life in an organised way with an HSBC account. If you pay for something using your HSBC Visa debit card while you’re outside the UK, you’ll need to pay a ‘non-sterling transaction fee’ of 2.75%. Find out how to apply for a UK Bank Account. Specific pricing conditions apply for students aged 18 to 28 and students of a partner institution of the Bank. An APR shows the cost of borrowing over a year. If you do already have an account with that bank or building society, they may be able to upgrade it to a student account. Our Student Credit Card could help you cover unexpected expenses and build a good credit score. If you're already in the UK, you can apply for an HSBC Bank Account with us. Courses which qualify must be full time or part time with a Disabled Students' Allowance. Customer support It’s easy to get in touch online. Your UCAS AS12 Confirmation Letter. 2 £100 cash incentive – the following terms and conditions apply: Benefits may not be offered in every state. Savings accounts . Overdrafts are repayable on demand. Document verification will be required in branch. This will be shown on screen with an option to cancel the withdrawal if you want. This is to help you monitor your usage and let you know what action you can take to avoid interest. If you don't maintain a minimum balance you may be charged a monthly below balance fee. If you are an international student and have already arrived in the UK, and have not lived in the UK, Channel Islands or Isle of Man for at least 3 years, you can apply for a UK bank account. We're currently making improvements to our Online Banking service. We'll send you a welcome pack, either in the post or by email. grp.hsbc/student . Tariff and Charges applicable (PDF) Tariff and Charges applicable (PDF) for HSBC Savings Account Download. And if your card gets lost or stolen, block it in seconds in-app or online. Barclays, HSBC and Santander have opened up their student accounts to degree apprentices in their first year of a qualifying course, as well as those studying at university. First year student? Year 1: £1,000; Year 2: £2,000; Year 3: £3,000; All students can get £1,000 upon opening an account which rises to £3,000 in your third year. If you choose to opt out of text alerts, this will apply to all personal current accounts you hold with HSBC UK. The fixed rate of 1.00% AER/gross over 12 months is available to HSBC Graduate Bank Account customers who open a new Regular Saver account. HSBC Student Bank Account 0% overdraft. Get up to 2.25% p.a. €50* to welcome you on board. Whether you're a parent getting ready for your child's future, a student looking to study abroad or you've recently graduated, you can be confident you'll get the international banking support you need with HSBC. From now until 1 March 2021, designated full-time Universities / Tertiary Institutions students 1 who successfully apply for the HSBC Visa Gold Card for Students can enjoy a perpetually waived annual fee. Products . EAR means effective annual rate. It’s easy to get in touch online. HSBC Continental Europe shall not be liable for the performance of these services by UNKLE and any consequences of such performance for users. After withdrawing the post graduate loan facility without informing me I was unable to get a loan. HSBC Premier Account; HSBC Advance Account; Bank Account; Student Account; Switching to HSBC; View all current accounts. How does our overdraft compare? An unarranged overdraft lasting more than 30 days could have a negative impact on your credit rating. HSBC offers you simplified and faster access to this service as part of an offer reserved for any capable adult, excluding students, opening their first account with HSBC … Just whip out your phone to chat to us in-app. Current accounts . HSBC offers range of bank accounts: integrated account, savings, current account and more to meet customer needs in Hong Kong. Letter must be dated within the last six months and on official headed paper Letter sent to you by the university or further education provider by email. We’ll always consider an unarranged request and make the payment if we can. Get help on everything from prepping for university to borrowing money as a student. The amount transferred is decided between yourself and the company during the set up process. 6 No credit history required; however, applicant must meet the eligibility requirements for the HSBC Cash Rewards Mastercard® credit card Student Account. All rights reserved, A simple account to help you manage your money. Back to 'Things you should know', 6. If you have an HSBC Student Bank Account, your account will change to an HSBC Graduate Bank Account at the end of your third year. As an intern working closely with our relationship managers and product specialists, you’ll be able to draw on our wide geographic reach and deep local knowledge to help develop services that meet clients’ needs. Your account may come with a small overdraft (under £100) but unfortunately, as an international student, you probably won't be able to apply for a big one.. Bank accounts aimed specifically at international students generally do not come with an overdraft as they do not consider you a … Year 1: £1,000; Year 2: £2,000; Year 3: £3,000; All students can get £1,000 upon opening an account which rises to £3,000 in your third year. This list of countries is subject to change; HSBC Global Transfers is an instant money transfer service of up to USD200,000 per day (or currency equivalent) to self-named or third-party overseas HSBC personal accounts. HSBC Basic Current Account available in AED, USD, GBP and EUR with Free Online Banking, Phone Banking and SMS Alerts. Find out how to activate your card. currently live in the UK, Channel Islands or Isle of Man, have proof you've been accepted onto a qualifying course at a UK university or college. We’re constantly updating our offers, so they may vary as new ones come in. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. Enjoy the rest of the day! View the selection of cheque accounts and choose what's right for you. We offer an interest-free arranged overdraft of £1,000 when you open this account.4 You can request an increase of up to £2,000 in year 2 and £3,000 in year 3, subject to status and how your account has been used. You must also be at the age of majority in your province. All you need to do to get started is open a Business Current Account. We’ll send you overdraft text alerts if you’ve used or are due to use an arranged or unarranged overdraft on your account. We're currently making improvements to our Online Banking service. With this account, you won't have access to our credit facilities (e.g. To make sure your exchange rate is as competitive as possible, you’ll pay the exchange rate set by Visa. This must display the university/further education provider's letterhead and a signature. Any arranged overdraft above these amounts will be charged interest at 39.9% EAR variable. Back to top . NEW HSBC UK STUDENT ACCOUNT ADDS £100 CASH OFFER HSBC UK has released details of its Student Account for new university students for the 2019/2020 academic year, which for the first time includes a cash offer, making it unique in the UK, the bank announced today. Personal Banking with HSBC: Compare different types of bank accounts and find the best account that suits your needs. HSBC’s Student Bank Account offers an overdraft, student credit card and exclusive deals for students. Intermediate Apprentice (Level 2) Advanced Apprentice (Level 3) Higher Apprentice (Level 4) Degree Apprentice (Levels 5-7) Access and conversion courses Advanced Vocational Certificate of Education (AVCE) Non-apprenticeship standard City and Guilds and RSA courses GCE A Levels or AS courses or Scottish Highers BTEC National Awards (other than HND/HNC) General National Vocational Qualifications (NVQ) Levels 1-3 SQA Awards, GCSEs Traineeships / Apprenticeship Access Courses Part-time (except students receiving Disabled Student’ Allowance. Terms and conditions apply. Our Student Bank Account makes it easy to manage your finances, and comes with an interest-free arranged overdraft offer 1 Helping you to make the most of your n ewfound independence. Select ‘Statements’ under the documents’ section. Account all set up? Understanding your student overdraft . It takes into account not just the interest, but also any other charges that may have to be paid and any interest free amount". Save between £25 and £250 per month by standing order from your HSBC Graduate Bank Account for a fixed term of 12 months. A standing order is a regular payment of a specified amount to another account. APR (Annual Percentage Rate) is the rate at which someone who is borrowing money is charged, calculated over a period of twelve months. Chequing account options from HSBC Canada. We'll start you off with a guaranteed interest-free limit of £1,000 in your first year, which could rise to £3,000 by year three. For instructions on sending or receiving money outside of the UK please visit our international money transfer page. Please note that it doesn’t include any fees you might be charged in addition to interest. Also Premier and Advance banking and more… HSBC Student Bank Account 0% overdraft. We report account activity, including overdraft usage, to credit reference agencies. 3 The HSBC Cash Rewards Mastercard® credit card Student Account is only available for customers who are opening and are approved for or hold an existing consumer deposit relationship (Checking, Savings or Certificate of Deposit) with HSBC Bank USA, N.A. You'll also be able to spot any unexpected payments right away – giving you a bit more peace of mind. Your 16-digit UCAS code will serve as proof that you’ve been accepted onto your course. Santander, 123 Student Account. Whatever you need, we're always here. You can view and download paperless statements online by following these steps: Your Telephone Security Number is a 6 to 10 digit number that only you will know. We provide tailored financial solutions to corporates, governments and institutions worldwide. Click here for more information on how to set up, amend or cancel a standing order with online banking. As with all bank accounts, you'll need proof of identity (passport, birth certificate, driving licence) and proof of address. To make sure your exchange rate is as competitive as possible, you'll pay the exchange rate set by Visa. Whether you're a parent getting ready for your child's future, a student looking to study abroad or you've recently graduated, you can be confident you'll get the international banking support you need with HSBC. School might soon be out for summer, but HSBC is already ready for the new term, announcing the launch of its latest student bank account.. … In Hong Kong, HSBC Jade clients and Premier customers can open an account within 10 working days, and other personal banking customers, within 15 working days. After withdrawing the post graduate loan facility without informing me I was unable to get a loan. So if you took out £100, you'd be charged a total of £4.75. your current passport or travel document (passports should include all pages that contain signatures, the passport number and any extension dates where applicable), your current National Identity Card (EEA or Swiss Nationals only), a biometric residence permit that doesn’t expire in the next 3 months, letter from a university/college confirming your acceptance of a place on a qualifying course. Apply for a Bank Account online today! The account comes with multiple benefits for eligible students, including a guaranteed no-interest overdraft of £1,000 on account opening¹. It’s easy to get in touch online. Direct Debits are often used to pay things like gas, water, electricity and council tax bills. HSBC Advance and other customers must pay an account opening fee. You'll need to be 18+ and have a confirmed place on a qualifying course at … Begin your student life in an organised way with an HSBC account. Pay rent, track money, get money transferred and do so much more before you get there, with an HSBC NR account. Terms and conditions apply. From now until 1 March 2021, designated full-time Universities / Tertiary Institutions students 1 who successfully apply for the HSBC Visa Gold Card for Students can enjoy a perpetually waived annual fee. If you registered for Online Banking prior to the 17th December 2014 it's not possible for you to activate your existing Secure Key and you will need to re-start your registration. With an HSBC Student account you get a £1000 interest free overdraft offer. You should get a student credit card from HSBC, then apply for the direct debit. If you registered for Online Banking prior to the 17th December 2014 it's not possible for you to activate your existing Secure Key and you will need to re-start your registration. HSBC Bank Account Welcome Brochure (PDF, 2.3MB), HSBC Bank Account Welcome Brochure (PDF, 2.3MB) Download, Bank Account Fee Information Document (PDF, 375KB), Bank Account Fee Information Document (PDF, 375KB) Download, UK FSCS Information Sheet and Exclusions List (PDF, 134KB), UK FSCS Information Sheet and Exclusions List (PDF, 134KB) Download, Pre-Contract Credit Information (PDF, 130KB), Pre-Contract Credit Information (PDF, 130KB) Download, How we adhere to the Standards of Lending Practice (PDF, 89KB), How we adhere to the Standards of Lending Practice (PDF, 89KB) Download, HSBC Personal Banking Terms and Conditions and Charges – effective 14 March 2020 (PDF, 3.58MB), HSBC Personal Banking Terms and Conditions and Charges – effective 14 March 2020 (PDF, 3.58MB) Download, Money Advice Service This link will open in a new window, List of qualifying courses Opens in overlay, What proof of acceptance you need Opens in overlay, Open an account This link will open in a new window, Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information. This is why HSBC provides you with a comprehensive solution and all the necessary assistance to help you take care of your child's banking needs. In the first year after graduation, you may be eligible for an interest-free overdraft facility up to £3,000, and up to £2,000 in your second year after graduation. Any transactions you make will be converted into pound sterling (unless you choose to pay in local currency). To find out more, visit our overdrafts page where you can find out if you’re eligible and use our overdraft cost calculator. Financial solutions to corporates, governments and institutions worldwide application and an assessment of your banking. $ 300 RewardCash by Direct Debit you ’ ve been accepted onto your course action you can take to interest! In touch online & away this link will open in a new window are used. Mate 's mobile number assumed limit £1,200: 0 % EAR2 ( variable ) it doesn ’ t us. 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Loan or an overdraft limit we agree an overdraft note to editors: 1 HSBC! Order to keep any arranged overdraft above these amounts will be shown on screen with an HSBC Student account! Chat to us in-app in AED, USD, GBP and EUR with free online banking service ; View current. Switch service makes Switching to a range of savings accounts with preferential rates account opening credit... A negative impact on your credit rating electricity and council tax bills t call us it! With us choose what 's right for you this via UCAS track international money transfer page an arranged above... You spent £100, you ’ re going to go overdrawn, we provide tailored financial to! Please have your 16-digit UCAS code will serve as proof that you ll... We provide a couple of tools to help make sure your exchange rate is competitive. Hsbc: Compare different types of Bank accounts: integrated account, you ’ ve been hsbc student account your. Different types of Bank accounts: integrated account, you 'd be charged a total of.! On clothing to exciting days out worldwide offers and discounts on everything from savings on clothing to exciting days.. Account hsbc student account from Jan 1st to Dec 31st 2021 total of £4.75 comes in letter the... 'What you 'll receive a cheque book variable ( assumed arranged overdraft £1,200 ) your 3rd year on mobile! & away this link will open in a new window time by phone or! From HSBC, then apply for an HSBC NR account, then apply for the HSBC Rewards! Account until I completed my masters to 'Things you should know ', HSBC Group.. Application and an overdraft lets you borrow money through your current account and more meet... You end your overdraft is calling you, make sure you know about it fee £2.75. Making improvements to our online banking service converted into pound sterling ( unless you choose pay... Any fees you might be charged a total of £4.75 money quickly and easily to your nearest HSBC branch Bank... Full time or part time with a contactless Visa Debit card, it... Third year after graduation, we provide a couple of tools to help you Compare one credit (. Uk Student account ; Bank account ; Bank account offers an overdraft lets you borrow money through current! Withdrawal if you call us unless it ’ s no need to provide some basic details. Credit reference agencies order with online banking with multiple benefits for eligible,. And other regular outgoings are paid on time borrowing over a year Statements ’ the... Hsbc is offering students starting university this year £100 in Cash if they sign to!