Banking
ACCOUNTS
Find out all you need to know about getting a bank account on this page.
If you are struggling with how to set up a bank account, take a look at this simple guide to walk you through what you need to do.
Use this guide to understand how to set up a bank account if you are new to the UK.
A student bank account gives you access to an overdraft facility and you can usually get a reward for opening one. These are for if you are in Higher Education.
A current account is the bank account you use for managing your everyday spending. It is where money is paid in and out regularly.
BANK CARDS
A debit card is the first payment choice for a lot of people who don’t like to pay on credit. You can take out cash at cash machines, use your card at the till, pay online and by phone. Find out more here.
Used well, a credit card is a secure and flexible way to pay and can be a good way to spread the cost of major purchases. But if you only make minimum payments or run up a bill you can’t pay back, credit cards can be costly and can lead to a spiral of debt. Learn more about this here.