Graduate in employment - Halifax, A&L or RBS?

minerva_windsong

I graduated from uni in July 2009 and had a student account with Halifax, which I still have and which will expire in July 2010. However, in October last year I got put on a paid contract in my current job and since then have remained consistently in credit, as well as having paid off my overdraft and not intending to ever go into it again (not the most MSE approach I'm afraid but there are reasons for it).

I spotted in the email earlier that the A&L current account with the free £100 expires at the end of this week and had a look at the bank accounts page, whereby I followed the link to the graduate accounts page and looked at the RBS graduate account, so now I'm thinking about that one as an alternative. But then it suggests sticking with the Halifax account until it runs out (by which time the A&L deal may be long gone)...

So, basically, what's the best plan - stick with Halifax, switch to A&L, or switch to RBS?

Thanks in advance

Lokolo

Theres a reason A&L have to pay you to join them.

JacksterD

I think you'll find the vast majority of people here will tell you to steer clear of A&L and Santander, and for good reason.

You might as well stick with the Halifax account til it expires. If you earn £1000 or more a month then you might want to change to a Halifax Reward account which will pay you £5 a month, otherwise the RBS Graduate account looks good because it still pays an above average interest rate of 1.02% and gives you an interest free overdraft for a while just in case you find yourself needing it again.