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E-CURRENT ACCOUNT FOR EASY USE NO HASSLE AND TAKE CONTROL OF YOUR FINANCES

High street student bank accounts are usually only available to full-time higher education students, so if you’re in further education (post-compulsory education at pre-degree level) you may not be eligible.

When you open a student account, most banks specify that you must use it as your main current account, and that your student funding must be paid into it. In other words, you can’t have more than one student account (although you could, for example, have a separate savings account). Why do banks want to tie you up like this because this is how they tie your hands and make money out of you?

If you’re an international student studying in the UK you may be able to get an account tailored specifically to you, but these are less likely to offer forms of credit such as overdrafts or credit cards. Banks put a lot of effort into attracting students, because many continue use that company for the rest of their lives so do your research and don't get swayed by the free gifts alone. MoneyMona offers simple accounts and simple solution of which you can manage freely and easily.

The MoneyMona concept is to make day to day e-current accounts available to all along with being easy to use and flexible. Check out www.moneymona.com for further information.

Foolow us on twitter @moneymona

Last modified onMonday, 09 November 2020 12:39

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The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.