You’ve spent the last 3 years at University, probably skint, so when you finally come to graduate and you enter the world of work your financial situation will change significantly.
After you graduate from University your student account will usually afford you a short time, around 12 months or so to continue with the existing terms on your account.
As you know, you were give preferential terms on your student account because the banks see you as a good long-term bet, but now that you’re a graduate you may find that some of those preferential terms start to dissappear.
It may be that some of your benefits remain the same on your graduate account but it’s likely that you will be required to start paying fees on your overdraft and on other areas of your account.
However! It’s not all doom and gloom, like we said you’ll normally get around 12 months le-way with your exsisting account which you can use to get back on your feet.
Graduate accounts also generally come with their own unique set of features offering preferential loan rates and occassionally the opportunity to get access to preferential mortgage rates and financial advice.
The important thing to consider when you’re looking at graduate accounts is what you’re looking for in your near future. You should take some time to talk to your bank and see if they can help you get the most out of your current financial situation.
Graduate Bank Account
You’ve spent the last 3 years at University, probably skint, so when you finally come to graduate and you enter the world of work your financial situation will change significantly.
After you graduate from University your student account will usually afford you a short time, around 12 months or so to continue with the existing terms on your account.
As you know, you were give preferential terms on your student account because the banks see you as a good long-term bet, but now that you’re a graduate you may find that some of those preferential terms start to dissappear.
It may be that some of your benefits remain the same on your graduate account but it’s likely that you will be required to start paying fees on your overdraft and on other areas of your account.
However! It’s not all doom and gloom, like we said you’ll normally get around 12 months le-way with your exsisting account which you can use to get back on your feet.
Graduate accounts also generally come with their own unique set of features offering preferential loan rates and occassionally the opportunity to get access to preferential mortgage rates and financial advice.
The important thing to consider when you’re looking at graduate accounts is what you’re looking for in your near future. You should take some time to talk to your bank and see if they can help you get the most out of your current financial situation.