Student Account

We understand that starting college or university can be both an exciting and challenging time.

That’s why our Student Account has great benefits to help you make the most of your money while you’re there. From an interest-free tiered overdraft to a range of discounts, you’ll have all the help and support you need to balance your money and your student life.

Make the most of your money with...

• up to £1,500 tiered interest-free Planned Overdraft* to help you stay in control. - Once your account is opened, you can apply for an interest-free Planned Overdraft of up to £1,500. You can apply for £500 in the first six months, up to £1,000 in months seven to nine, then up to £1,500 after that. (Subject to application and status. You must be 18 or over to apply.),
• we also offer an untiered interest-free Planned Overdraft of up to £1,500 in years two and three, and up to £2,000 in years four, five and six,
• a Lloyds TSB Visa debit card - to use at home or abroad,
• Lloyds TSB Student MasterCard Credit Card – to help you spread your costs, typical 19.9% APR variable and a minimum limit of £500 (subject to application and status).*

Manage your money with...

• free Mobile Banking Pack until August 2010 (£2.50 a month after that) - keep an eye on your finances anytime, anywhere with free Text Alerts,
• Internet Banking and PhoneBank – get easy access to your banking 24 hours a day, seven days a week.

Make the most of student life with...

• free NUS Extra Card exclusive to Lloyds TSB  – great discounts with some of your favourite brands, like Amazon, McDonald’s, Superdrug. Never miss a student discount again, be a Savvy Student,
• save up to £75.99 with the AA - driving down the cost of getting your licence,
• free YHA membership for a year - get discounts at 4,000 youth hostels around the world,
• 35 free music downloads from eMusic – choose from over five and a half million tracks.

Other benefits include...

• the option to sign up for Save the Change™ - makes saving effortless, by helping you save every time you use your Visa debit card,
• commission-free foreign currency and non-sterling Travellers Cheques plus free Lonely Planet Mini Guides to a variety of destinations,
• mobile phone top up facility for pay-as-you-go phones at most Lloyds TSB Cashpoint® machines.

Find out more about how these benefits work (opens in a new window).

Our Student Account has been awarded the top 5 Star Rating by Defaqto for the excellent range of features and benefits it offers. So when you open a Student Account from Lloyds TSB, you have the reassurance of a leading UK independent financial research company that you’ll be getting one of the best accounts on the market.

Defaqto is a leading UK independent financial data collection and research company, which provides  comprehensive product information for the financial services industry.

View Student Account interest rates and charges.

We appreciate that following the requirements of your faith is important to you, which is why we offer a Shariah approved Islamic Student Account so you can benefit from an account that offers a range of great benefits plus the promise that your money is managed in a way that reflects your faith.

View Islamic Student Account.

All you need to open a Student Account is your UCAS confirmation letter or a letter from your university or college confirming your place. If you are a new customer we’ll also need to see proof of your ID and address (opens in a new window).

To apply for the Student Account you must:

• have been a permanent UK resident for the last 3 years†,
• be 17 years or older,
• not have a Student Account elsewhere,
• be studying on a full-time course of at least two years, or a one year access course leading onto a full-time degree.

Important information regarding your account

Personal Banking Terms and Conditions
Student Welcome Pack
Student Terms and Conditions
Product Charges   

New customers  

Online
Apply for a Student Account online today. It's secure, and will only take about 10 minutes to complete the application form.

At your local branch
Visit any Lloyds TSB branch. Don’t forget to bring proof of your ID and address (opens in a new window) and your UCAS confirmation of place letter or a letter from your university or college confirming your place.

By Phone
Call 0800 085 9175 to open an account ††* opens Mon to Fri 8am-10pm and Sat to Sun 8am-4pm.

Existing customers  

At your local branch
Upgrade your account today by visiting any Lloyds TSB branch. Don’t forget to bring proof of your ID (opens in a new window) and your UCAS confirmation of place letter or a letter from your university or college confirming your place.

† A permanent UK resident is defined as a person who has lived in the UK for a minimum of 3 years prior to commencing higher education studies.
†† Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.
* For customers who are due to start studying in academic year 2009/2010 only.