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Welcome to Student Banking the Essentials You Need 2 Welcome to student banking The essentials you need 2 Your journey is about to begin... Welcome to HSBC student banking. Just like your new friends, we’re here to support you during your studies. We’re here for your everyday banking needs and can offer you some really useful benefits. Who is eligible? We’ll need proof of your place on a You need to be 18 or over and have been qualifying course. For example, if you are a a resident in the UK, Channel Islands or first year student and have been accepted Isle of Man for the past three years and onto an undergraduate course via UCAS currently live in the UK. we’ll need your 16-digit UCAS status code. If you’re unable to provide this or you’re not If you want to open a Student account with a first year student we’ll need a copy of HSBC UK, you can’t have a student account your UCAS status proof which you can elsewhere. access and print from track.ucas.com or letter from the university or college. You need to be studying, or have a confirmed place to study either: • a full-time qualifying course or • a part-time qualifying course with a Disabled Students Allowance at a UK university/college. 3 Your key benefits at a glance Student Bank Account The essential benefits HSBC UK 24/7 Mobile Banking App1 2 Yes Telephone Banking and 24/7 Online Banking3 Yes Debit card security – temporarily block your card or report it lost or stolen through Yes the mobile banking app Chat available through Online Banking and HSBC UK Mobile Banking App Yes Pay securely with your eligible device with Apple Pay, Google Pay™, and Samsung Pay4 Yes Paym – send money to friends and family using just their mobile number Yes Contactless Visa debit card Yes Online statements Yes Deposit a cheque into your account via HSBC UK Mobile Banking App5 Yes Standing order and Direct Debit facilities Yes The extra benefits No interest for using your arranged overdraft6 Yes You can apply for an arranged overdraft offer of at least £1,000 at account opening7 Yes Ask to increase your arranged overdraft as your studies progress8 Yes HSBC Student Credit Card9 Yes Apply for a regular saver Yes Useful guides and digital features for managing your money whilst studying Yes 1 Subject to scheduled maintenance periods. 2 Available for most Android and iOS devices™. 3 See footnote 1. 4 Apple Pay is a trademark of Apple Inc., registered in the US and other countries. Google Pay is a trademark of Google Inc. Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd. Use only in accordance with the law. 5 Cheque value limits apply. 6 Refer to the ‘Personal Banking Terms and Conditions and Charges You must make regular credits into your account in order to retain any arranged overdraft limit we agree. 7 The HSBC Student Account is subject to status and an assessment of your financial circumstances. 8 Subject to status, financial circumstances and account conduct. 9 See footnote 8. Click hsbc.co.uk/students 4 The essential benefits We know how hard it can be to keep on top of your finances. That’s why we offer a range of features to help you manage your money. The day-to-day basics • Activate new cards, add a temporary Everything you’d expect from a current block if you’ve mislaid them, report them account including: lost or stolen and replace a damaged one • Manage your overdraft • Access your accounts with Online • Our chat service is available at your Banking, our Mobile Banking app, or finger tips 24/7. Telephone Banking • Online statements To download just visit the App Store • Standing order and Direct Debit facilities or Google Play Store™1 and follow • Contactless Visa Debit Card the instructions. • Text Banking Service HSBC Online Banking Mobile Banking All the features of mobile banking plus Manage your money on the move easily discover these extra benefits of banking and securely with our Mobile Banking app online and register in just a few clicks. available for most Android and iOS devices™. You can: It lets you manage your accounts easily from your mobile phone. • log on securely using your Secure Key; • View your balances, your last 90 • update your address if you’re moving transactions and statements away for your course. You can even give a future date for your address change if • Move money between your accounts, you know the date you’re moving manage your standing orders and send money to friends and family Do your day to day banking online, • Benefit from our money management 24 hours a day, 365 days or Chat with us tools including balance after bills to help 24/7 at a time that suits you best2. you budget successfully • Get push notifications every time you To register, simply visit hsbc.co.uk and make a purchase, a payment leaves your follow the on-screen instructions. account or payment comes into your account including any student loan. 1 iPhone, iPod touch and iPad are trademarks of • Update your contact email address and Apple Inc, and App Store is a service mark of Apple Inc. Android™ and Google Play™ are trademarks of phone number Google Inc. 2 Subject to scheduled maintenance periods. 5 If you’re new to HSBC you’ll need to set up Go to hsbc.co.uk/guides/students for a telephone security number first by calling some useful guides to help you along the us on 03457 400 004 (lines open 8am to way. These include: 8pm every day). We’ll send you an HSBC Secure Key to help you protect your money • helpful hints and tips for preparing for from online fraud. university. • budgeting for student life – how to create If you’d prefer to talk to someone in person, a budget and make your money go just ask a member of our team at your local further branch – they’ll be happy to help. • borrowing money as a student – different More Ways to Pay options available to you including getting With Apple Pay, Google Pay™ and Samsung to grips with a student overdraft Pay you can make payments with your • and more – including how to build your eligible device wherever contactless is credit score as a student. accepted. It’s easy to set up, and is safe Or if you’re wanting some help with and secure. becoming financially independent, we’re Pay them with Paym here to support you to level up your Using Paym you can send finances and become financially fitter. money to your friends, family, Head over to hsbc.co.uk/financial- and others using just their education/young-adults/ for a range mobile number. of guides. Register for the mobile payment service HSBC Contactless Visa with us and wherever you are or whatever Debit Card you’re doing, it will be easy to send money Whether you are shopping to someone. Terms and conditions apply. in-store, online or traveling abroad your HSBC Debit Card can come in handy. As To find out more and register, go to our well as making purchases quickly, safely website: hsbc.co.uk/paym or see the and securely you can also withdraw cash – HSBC UK Mobile Banking App. just look out for the Visa logo. Useful guides for manging your money Contactless technology whilst studying For your convenience, it comes with Heading off to university is an exciting time. contactless technology, a simple tap to Alongside studying and making friends pay for purchases at checkouts displaying comes the task of managing your money. the contactless logo. And don’t worry, contactless payments are safe and secure, you are 100% protected against fraud, just like you are with Chip & PIN payments. 6 The extra benefits You can enjoy access to even more products and services. Overdrafts EAR (Effective Annual Rate) takes account of An arranged overdraft offer of at the interest rate, the compounding of interest least £1,000 and how often interest is charged, and does We offer you an optional arranged overdraft not include any other fees or charges. offer of £1,000 when you open your account. APR (Annual Percentage Rate) is the rate at The HSBC Student Account is subject to which someone who is borrowing money is application and an assessment of your charged, calculated over a period of twelve financial circumstances. months. It takes into account not just the interest, but also any other charges that may You must make regular credits into your have to be paid and any interest free amount. account in order to retain any arranged overdraft limit we agree. An overdraft is a short-term credit facility. Overdrafts are primarily Up to £3,000 interest-free by your intended for short-term borrowing, and third year of studying are not generally suitable for longer- As your studies progress you can ask term borrowing. to increase your arranged overdraft. You can request up to £2,000 in year two An Arranged Overdraft is where and £3,000 in year three. Approval is we agree an overdraft with a limit subject to status and account conduct. with you before your account goes Interest free overdrawn or over your current Whenever you need to take advantage of arranged overdraft limit. your arranged overdraft you can be certain An Unarranged Overdraft we won’t charge you anything for using it. is when your account goes For details of our overdraft interest rates, overdrawn and you don’t have an please see our Personal Banking Terms and arranged overdraft or you go over Conditions and Charges.
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