[AbbyAbby94]

So I start University this year and I currently have an account with Lloyds TSB. I'm going to create a student account tomorrow but I can't decide between Lloyds or NatWest? I've heard they're both great! Who do you recommend? ALSO, when I create this new account, do I need to change the bank details on my student finance? or just transfer the money? I'm so confused!!
Oh and, if I go with Natwest, can I still keep my Lloyds account?

Thanks!!

[monk_keys]

Natwest is popular because of the young person's railcard they offer which is useful for people at uni.

You can keep the Lloyd's account but you're sometimes required to make payments (for example put money in every six months).

You then have the choice to change your student finance details to your new account or simply move the funds from your Lloyds account to your new one every time they're sent through.

[yakuzakitty]

(Original post by AbbyAbby94)
So I start University this year and I currently have an account with Lloyds TSB. I'm going to create a student account tomorrow but I can't decide between Lloyds or NatWest? I've heard they're both great! Who do you recommend? ALSO, when I create this new account, do I need to change the bank details on my student finance? or just transfer the money? I'm so confused!!
Oh and, if I go with Natwest, can I still keep my Lloyds account?

Thanks!!

Yes you can have two accounts at two separate banks as long as you only have one student account.

It's probably easier to change the details on your student finance rather than transferring the money, as it doesn't all come at once.

With regard to which account, it's up to you. Lloyds has a larger overdraft, a free YHA membership, and as you're already with them it'll be easier to set up. Also it's too late to apply for the Natwest free travel card, so if I were you, I'd stick with Lloyds.

Hope I've helped!

Edit: Lol clearly negged by Natwest :P

[AbbyAbby94]

(Original post by yakuzakitty)
Yes you can have two accounts at two separate banks as long as you only have one student account.

It's probably easier to change the details on your student finance rather than transferring the money, as it doesn't all come at once.

With regard to which account, it's up to you. Lloyds has a larger overdraft, a free YHA membership, and as you're already with them it'll be easier to set up. Also it's too late to apply for the Natwest free travel card, so if I were you, I'd stick with Lloyds.

Hope I've helped!

Thanks! You've helped a lot, and I don't really need the rail card as I live in Sheffield anyway!! I'll stick with Lloyds!