Financial products
There is a wide variety of financial products on the market. Terms and condition can change at any time so always make sure to double check before signing up for any products or services.
Banks
Think carefully about what you want from a bank account, because ultimately it comes down to one thing – money. What you can get for £50 today might cost you more later on.
Interest
Interest is the fee you pay to borrow money from a lender. Every bank will charge you interest if your overdraft is unauthorised, or you exceed the agreed overdraft limit.
If you are planning on accessing an overdraft you should go with the bank that offers a zero per cent interest rate for the longest time.
If you want to know more about how interest works, how to avoid it and how to repay it, please click the link below.
www.moneysavingexpert.com/banking/interest-rates
Comparison of student bank accounts can be found here:
www.moneyfacts.co.uk
www.moneysupermarket.com
Other useful links
- Advice for international students
www.ukcisa.org.uk/student/bank_account.php
Banks and ATM machines on campus
- Eastbourne
For those studying or living near Greynore, hillbrow, Welkin there is a branch of Natwest and a Nationwide Building Society cash machine in nearby Meads and a cash machine in the foyer of Welkin halls of residence - Falmer
Ringmer House has a LINK cash machine by reception and there are branches of Barclays Bank and HSBC within walking distance on the University of Sussex campus. - Grand Parade
All the major banks have branches within walking distance in Brighton city centre. - Moulsecoomb
Cockroft building hosts both Barclays and Santander - UCH
Barclays bank is located within walking distance
Credit cards
Before using a credit card it’s important to know exactly how much you are going to end up paying. Most credit cards will charge you interest.
You can find out more about credit cards here.
Always make sure to read the small print!