Monese has launched a student account for international and domestic students.
Students will be able to access numerous features for an entire year, completely free of charge, while also receiving £5 credit once they make a deposit of £10.
The mobile bank account provider will offer six free cash withdrawals a month anywhere in Europe and instant foreign currency exchange within its app.
Norris Koppel, CEO and founder of Monese, said: “Collecting A level results is an extremely stressful event and can have long lasting repercussions throughout the professional lives of the UK’s young people.
“The cost of attending university is an added worry, and the way students bank during that time is an important factor for managing their finances.
“Many high street banks will offer huge overdrafts for students, however after university they often find themselves stuck in that overdraft when costly fees start to kick in.
“For international students who find it painful to open a bank account and all those who like to travel during their university years, they can benefit from the Monese student account completely free of charge.”
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