The first time home buyer's guide
Starting uni is many people’s first solo adventure in life. You could make new friends, have lots of new experiences, and lay the groundwork for your dream career. To get the most from the experience, it helps to have a good idea of how much it’ll cost and how you can boost your bank balance by cutting unnecessary spending.
University is expensive, but it has some financial advantages, too. You could have lots of options at the freshers’ fair, as banks fight to earn your business. You may be offered current accounts with interest-free overdrafts, or free railcards, gift vouchers and more.
Managing your overdraft well, by only using the planned or ‘arranged’ amount, will avoid fees.
Interest-free student overdrafts can sometimes be helpful because they give you an ongoing form of finance without additional charges. It’s important to understand what your overdraft limit is and any terms and conditions that may apply, especially in the event that you go over your limit. To learn more about boosting your score, check out our guide on how to improve your credit rating.
Whichever adventure is next for you, managing your money effectively can be easier with the right Barclaycard. If you’d like a bit more information on repayments, read our guide on how can I manage my credit repayments.