I opened an HSBC student account in September,when I began University.Currently,when you open such an account with this branch,you get the choice of recieving either £50 cash,or a 4 year young persons' railcard,which entitles you to 30% off travel by train. For a student,the £50 cash will,no doubt,be spent in the student union.However,a railcard means that you can travel all over the country at a discounted price. Personally,I opted for this,and as a result have been able to travel from London to visit friends in such places as Nottingham,Sheffield and Bedford. Without the benefit of this card,I would almost certainly have been unable to afford such trips. But this is not the only aspect of banking with HSBC which I have found to be helpful. Many of the HSBC cashpoints allow you to withdraw £5,where as most banks do not.As a student,this is very convenient,especially when you are finding your way into the £750 overdraft,which is,of course,another benefit of the account. In fact, the only problem I have had with this account is that they originally sent my switch card to the wrong branch,but,hey,nothing's perfect!!
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Advantages: Big overdraft and loads of cash machines Disadvantages: instant access to cash allows potentially disasterous overspending of student loans!
fairydust 27.12.2000 ·
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Review of HSBC Accounts
Dec 23rd, 2000
very helpful by (67%):
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