(Original post by cheeseandbiscuits)
I have just got a job and so I am looking for a bank to open an account with. I am 16. I have heard that quite a few banks do pretty good student accounts.
You can't get a student account yet - you have to be in uni/college, and be 18 to have access to overdrafts (the main difference that a student account has to othters), What you can get though is a current account and a solo/debit card. ATM, I'm with natwest - interest isn't great but online banking makes things easy when shifting money and no hidden fees, as long as you stay in the positve.
I'm with Lloyds - Pretty good service from a larger bank; VISA Debit card when you're 16 is fantastic - much more widely accepted than Solo/Electron, and easy-to-use Internet Banking + Text Alerts.
You don't get a lot of interest on this (their Under 19s) account, but you have access to an Online Saver or Cash ISA, both of which give about 6% to start with, and there's no minimum balance (maybe £10 for the Cash ISA).
i'm 17 and with natwest, and i haven't had any problems so far. if you stay with natwest up until you're at university (which i'm planning to do) then you'll get that railcard that gives you 1/3 off all train journeys.
I have had several bank accounts but now I have decided to stick with Barclays and NatWest. Natwest's specific teen account is NatWest Adapt. .... Don't get it as this account is ********!!!! It wouldnt accept payments such as BACS so bad for EMA and job payments. Instead open a Current Plus account with them as this account lets ou have a chequebook and Visa Debit
I also have Barclays Young persons account: Visa Debit and Chequebook