Friday October 23, 2020

Student Special: Financial lessons that are worth learning

Choosing the right financial products for your time at college takes a bit of homework, so do your research to avoid hefty fees and charges, writes Emma Kennedy.

15th September, 2012
While students may avoid transaction charges, they should still beware of penalty fees.

Current accounts

Banks have begun to move back towards fee-paying current accounts, but students are among the few who escape fees for day-to-day transactions.

However, while students may avoid transaction charges, they should still beware of penalty fees. A recent National Consumer Agency (NCA) comparison of student current accounts compared fees, interest rates and other features. It showed that non-payment and referral fees could be as much as €12.70 per transaction on some student accounts.

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