grant checks: But this last freedom can be fraught with problems research from comparison site Money Supermarket reports that students often spend more than their student loan, by almost 150 each term, according to The Guardian. So with banks eager to get students' grant checks and hopefully sign them up as customers for life, what are the best bank accounts and what should they be aware of I regret spending a lot on takeaways' students on their money Read more Choosing a bank A survey of 3,000 students by Which ranked Santander highly for its sign-up incentives, while HSBC and Nationwide were praised for their customer service. Living away from home, coming back in the early hours and lazy afternoons in front of the TV all await as does managing money to pay for everyday life. TSB ranked poorly on customer service and RBS scored low for complaints handling and sign-up benefits. Hannah Maundrell of Money.co.uk says students should check a number of things when choosing an account does it offer a contactless card What is the savings interest Do you get free access to local ATMs Is there a branch close to campus Does it have a student adviser Owen Burek, editor of Savethe Student, says returning students do not realise they are free to switch their current account. When opening an account, students should check if they have to pay a minimum sum into it for example, with Santander, at least 500 has to be paid in each term.
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