Islamic Student account
We appreciate that following the requirements of your faith is important to you and offer a Shariah approved Islamic Student account so you can benefit from a great package of benefits and services plus the promise that your money is managed in a way that reflects your faith.
Up to £1,500 tiered
interest-free Planned
Overdraft†Up to £100 cashFree NUS Extra CardFeatures & Benefits
Everything you need to stay ahead of your finances- Up to £1,500 interest-free overdraft in years 1-3 and up to £2,000 in years 4-6 (subject to status),
- up to £100 cash within 28 days of opening your account and up to £80 (£20 per friend) for recommending a maximum of 4 friends. Your friends must open their accounts by the 15th September 2008 and pay at least £200 or a student loan of at least the same amount by the 31st October 2008,
- free NUS Extra Card - giving you access to a wide range of discounts, offers & exclusive competitions,
- free Mobile Banking Pack from October 2008 to October 2009 (£2.50 a month for each account thereafter),
- free YHA membership for a year - opening the door to thousands of youth hostels around the world,
- 35 free music downloads from eMusic - choose from over four million tracks,
- Lloyds TSB Visa debit card - giving you easy access to your money.
- 24/7 Internet Banking and PhoneBank® - to help you keep track of your money no matter where you are,
- Mobile phone top up facility-for pay-as-you-go phones at most Lloyds TSB Cashpoint ® machines.
- the option to sign up for Save the Change⢠- a simple way to save without even knowing about it,
- commission-free foreign currency and non-sterling American Express Travellers Cheques,
- Reassurance that your money will be kept in accordance with Shariah. View frequently asked questions *.
Additional non Shariah approved benefits are available to you as part of your account if you choose to utilise them. For further details see
Student account.For more information about the features and benefits, read
Student account important information.View Islamic Student account
rates and
charges.
How do I apply?
All you need to open an account is your
UCAS confirmation of place letter from your university or college confirming your place and if you are a new customer
proof of your ID and address.Once you’ve opened your account you’ll be able to apply for the benefits associated with your Student account, such as your free
NUS Extra Card,
YHA membership and eMusic downloads. To apply for an Islamic Student account you must:
- have been a permanent UK resident for the last 3 years**,
- be 17 years or older,
- not hold a student account elsewhere,
- have applied for a full-time course of at least two years duration, or a one year access course which leads onto a degree.
