09:22 05 May 2013
So, you’re old enough to take the leap into student living. Although this could be the most fun part of your life, it’s important for you to understand that there are some things that you need to take care of before you start the fun.
One of them is getting a student bank account. In order for you to understand this type of account better, let me explain some terms that you’ll most likely to encounter on a regular basis.
You can pick a student bank account with higher overdraft limit. However, you must think about this carefully as you’ll need to pay for this loan.
Interest rate also apply to overdrafts. But as a student, you don’t have to think about it. However, keep in mind that once you graduate, your overdrafts will start incurring interest.
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