HSBC’s Student Bank Account

The gimmicks

An MP4 player which can play music and view video

10 free albums from CDNow

Other assorted discounts which are likely to be more fluff than actual use

HSBC offer a tiered interest free overdraft structure

£1,000 in year 1

£1,250 in year 2

£1,500 in year 3

£1,750 in year 4

£2,000 in year 5

So the interest free overdraft levels are not as good as the Lloyds TSB in year 1 & 2 but where the accounts looks a whole lot better is when the overdraft level is breached