{"id":329082,"date":"2020-08-24T18:56:06","date_gmt":"2020-08-24T17:56:06","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?page_id=329082"},"modified":"2026-02-19T06:32:38","modified_gmt":"2026-02-19T06:32:38","slug":"the-co-operative-bank-student-current-accounts","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/current-accounts\/student-bank-accounts\/the-co-operative-bank-student-current-accounts","title":{"rendered":"The Co-operative Bank student account review 2026"},"content":{"rendered":"The Co-operative Bank\u2019s student account offers an interest-free overdraft, but how does it compare to other student bank accounts? Read our review to find out more.
Types of current accounts for students<\/h3>
The Co-operative Bank has one current account available for students \u2013 The Co-operative Bank Student Bank Account<\/strong>.<\/p>
Below, we\u2019ll explore the key benefits and features associated with this student bank account.<\/p>
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Product Name<\/th>
The Co-operative Bank Student Account<\/td><\/tr>
Card type<\/th>
Cash \/ Debit<\/td><\/tr>
Debit network<\/th>
Visa<\/td><\/tr>
Minimum opening balance<\/th>
\u00a30<\/td><\/tr>
Account fees<\/th>
\u00a30<\/td><\/tr>
Interest (AER)<\/th>
0% AER<\/td><\/tr>
Funding requirement<\/th>
No minimum funding requirement <\/span><\/td><\/tr>
Daily cash machine limit<\/th>
\u00a3250<\/td><\/tr>
At end of term<\/th>
Account transferred automatically to Current Account<\/td><\/tr>
Maximum overdraft in year 1<\/th>
\u00a31,400<\/td><\/tr>
Maximum overdraft in year 2<\/th>
\u00a31,700<\/td><\/tr>
Maximum overdraft in year 3<\/th>
\u00a32,000<\/td><\/tr>
Overseas card transactions<\/th>
Europe: 2.75% plus flat fee of \u00a30% Elsewhere: 2.75%% plus flat fee of \u00a30%<\/td><\/tr>
To be eligible for this account, you\u2019ll need to:<\/p>
be at least 18 years old;<\/li>
be a UK resident;<\/li>
have been confirmed on a full-time course for at least two years;<\/li>
have no other student accounts opened.<\/li><\/ul>
If you have a place on an Undergraduate degree, Postgraduate degree, Foundation degree, BTEC Higher National Diploma course or a NVQ Level 4 or 5 course, you\u2019re eligible.<\/p>
If you\u2019re studying on an Open University course or an apprenticeship, you\u2019re not eligible for this account.<\/p>
How to open an account<\/h3>
To open a student account, you\u2019ll need to fill out a form on The Co-operative Bank\u2019s website (which recommends doing this on a desktop). You\u2019ll then need to email, post or take the form to a bank branch to complete your application.<\/p>
You\u2019ll need to include proof of acceptance onto your course with your application. The Co-operative Bank says it may also write to applicants if it requires proof of ID and home address.<\/p>
You can expect to hear back from the bank within 7 days of it receiving your application form. If your student account application is accepted, you\u2019ll be sent your welcome pack and debit card.<\/p>
The benefits<\/h3>
Interest-free overdraft. <\/strong>You\u2019ll be given an interest-free overdraft of \u00a31,400 when you open the account. You can apply for this to be increased up to \u00a31,700 in the second year and \u00a32,000 in the third year. For your overdraft to become availible, you\u2019ll need to meet the minimum funding requirement.<\/li><\/ul>
Customer service information for The Co-operative Bank<\/h3>