Islamic Student Account

Current 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 interest and fee-free tiered Planned Overdraft In your first year of studies you can apply for an interest and fee-free Planned Overdraft of up to £1,500 (subject to application and approval). Starting with £500 for the first six months. You can then apply to increase it to £1,000 in months seven to nine and from month 10 up to £1,500 – helping you to manage your spending over your first year. We also offer an interest and fee-free untiered Planned Overdraft of up to £1,500 in years two and three and up to £2,000 in years four, five and six (subject to application and approval).
-Three year Youth Hostel Association (YHA) membership With our Student Account, you’ll get three year YHA membership completely free. So wherever you want to go in the world, you can be sure of a warm welcome and a clean bed. Membership gives you great discounts at hostels in England and Wales as well as being your passport to a worldwide network of around 4,000 hostels in more than 90 overseas destinations.
-A Lloyds TSB Visa debit card.
-Mobile Banking, Internet Banking, PhoneBank® and Money Manager.

-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 American Express® Travellers Cheques.

Current

-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.