LONDON, UNITED KINGDOM — (Marketwire) — 07/10/12 — Lloyds TSB today announces the launch of its Available to new and existing customers from 5th July 2012, the account includes a number of benefits, including the ability to help students track of their spending and take more control of their money.
The account includes:
– A tiered interest and of up to GBP 1,500 in years one to three and up to GBP 2,000 in years four to six (subject to application and approval)
– A free NUS extra card for three years, giving students access to exclusive discounts, offers and competitions from over 150 of their favourite brands and retailers on the high street and online, including Spotify, Amazon, Apple, CrossCountry trains, Odeon, JJB Sports, ASOS, McDonalds, Pizza Express and many more
– Exclusive GBP 75 discount off a holiday booking with STA Travel(i), the world-s leading travel agent for students and young people
– A free to download Mobile Banking app allowing students to manage their money from almost anywhere
– Free text alerts, including limit alerts, high/low balance alerts, overseas transaction alerts and weekly balance alerts(ii)
– – access to the online service which provides students with the ability to view and track their spending patterns
– Internet and telephone banking to help students manage their money 24 hours a day.
Jatin Patel, director of , said:
“Our student offering has been designed to provide the right financial help to students starting university, many of whom will be managing their money for the first time.
“As a key provider of Student Accounts in the UK we understand that starting university can be both an exciting and challenging time. That-s why our account is packed with features that will really help students to both manage their money and make it go further throughout their student life.”
Lloyds TSB offers students a number of smart ways to help them manage their money, including Money Manager, a pioneering online service that allows students to view their spending habits and keep track of their finances whilst maintaining a budget at university. Money Manager is a free online service for internet banking customers that can help support students by categorising spend into groups, such as eating out, clothes and entertainment.
Students with a Lloyds TSB account also have access to the , which provides a variety of features, including the ability to view account balances, pay bills and transfer money between accounts. Alternatively, students can log on to Mobile Banking through their mobile browser, using their Internet Banking details(iii).
Lloyds Scholars Universities Programme
Last year, Lloyds Banking Group affirmed its commitment to students with the launch of a unique social mobility programme, Lloyds Scholars. The programme provides a complete financial and support package to help young people from lower income families attend leading UK universities and improve their employability skills. Further information on Lloyds Scholars can be found at .
Editors- notes:
(i)There is no minimum spend and customers get GBP 75 off any holiday booking as long as it includes either an international flight or Eurostar plus a tour or at least three nights- accommodation either in a hostel or hotel. Customers must apply and open their Student Account by 31 October 2012 and book by 30 June 2013.
(ii)Customers need to be registered for Lloyds TSB Internet Banking to access Money Manager and Mobile Banking.
(iii)Lloyds TSB does not charge for Mobile Banking but mobile operators may charge for some services.
Contacts:
Lloyds TSB customer services
0845 300 0000