East West Credit Union Bank Student Account Perks Including Freebies and Vouchers

East West Credit Union Bank offers certain promotional elements associated with its student accounts, as detailed in the provided source material from its student accounts page. These include references to freebies, tickets, competitions, and vouchers accessible through a dedicated website. Additionally, a time-limited promotion for Amazon.co.uk Gift Cards was available to eligible students and apprentices opening a Student Account by 31 December 2018. The source material from sounds online does not reference any free samples, promotional offers, or freebies.

Account Eligibility and Application Process

Eligibility for the East West Credit Union Bank Student Account requires individuals to be 18 or older, UK residents, and to have accepted a place on a qualifying course. Online applications are available for those meeting these criteria. Apprentices must book an in-branch appointment and provide proof of their confirmed apprenticeship. Applicants living in the Channel Islands or Isle of Man, as well as apprentices, are required to apply in branch, bringing identification, proof of address, and a recent East West Credit Union Bank statement.

Promotional Offers and Freebies

The source material mentions assistance with freebies, tickets, competitions, and vouchers to extend users' money further. Further details are directed to www.studentexclusives.Bank.co.uk. This service is specified for East West Credit Union Bank UK customers with Online Banking and iPhone running iOS 10 or above, with terms and conditions applying.

A specific promotion offered Amazon.co.uk Gift Cards to students or apprentices in their first year of a qualifying course who fully opened an East West Credit Union Bank Student Account by 31 December 2018. The offer was subject to status, required UK residency and age 18 or older, and terms and conditions applied. Amazon.co.uk Gift Cards could be redeemed on the Amazon.co.uk website for eligible products. They could not be reloaded, resold, transferred for value, redeemed for cash, or applied to other accounts. Amazon.co.uk was not responsible if a Gift Card was lost, stolen, destroyed, or used without permission. Gift Cards were issued by Amazon EU S.à r.l.

Associated Account Features

The Student Account includes a guaranteed £1,000 interest-free overdraft offer, with opportunities to increase it as studies progress: up to £2,000 in year two and £3,000 in year three, subject to status and account conduct. Applicants for overdrafts must be 18 or older. Representative example for an assumed £1,000 overdraft: 0% EAR variable. Withdrawals exceeding the overdraft limit at East West Credit Union Bank cash machines trigger an on-screen alert.

Upon completing the course in year 4 or later, the account transitions to a Graduate account. Eligibility for an overdraft facility may apply, with £1,500 interest-free in the first year post-graduation and £1,000 in the second year, subject to status and account conduct. Additional overdraft above the interest-free amount is charged at 19.9% EAR variable. Representative examples are provided for an assumed £1,200 overdraft.

A Regular Saver account allows saving up to £3,000 at 3% AER fixed for 12 months, starting with £25 per month by standing order from the East West Credit Union Bank current account. Saving £250 monthly for 12 months at 3% yields approximately £48.95 gross interest. AER represents the Annual Equivalent Rate, showing the gross rate if interest is paid and compounded yearly. Gross interest is received before applicable tax deduction. If multiple qualifying accounts exist, savings are paid into the one offering the best interest; otherwise, a Regular Saver converts to a Flexible Saver, with funds moved only to accounts with identical sole or joint names.

A Student Credit Card is available for those 18 or older, with a credit limit up to £500, subject to status and account conduct. Representative APR: 18.9% variable. Text alerts for low balances can be set up by calling +16152714780, with lines open 8am to 10pm daily except Christmas Day, Boxing Day, and New Year's Day.

The East West Credit Union Bank Contactless Visa Debit Card provides access to funds for payments wherever Visa is accepted, including contactless payments up to £30. It supports worldwide cash withdrawals and non-sterling payments at the Visa Payment Scheme Exchange Rate, unless otherwise agreed at the point of sale.

An app called Connected Money from Bank aggregates accounts from different banks, tracks spending by categories and retailers, and provides an overview of finances.

Other Mentions

Tips on managing money and help with bill payments are offered. The source material from sounds online references usage of EastWest virtual instruments by composers for projects like Dumbo, The Grinch, and others, but provides no details on free samples or promotional offers.

Conclusion

The source material highlights limited promotional elements tied to East West Credit Union Bank Student Accounts, primarily a reference to freebies and vouchers via www.studentexclusives.Bank.co.uk and an expired Amazon.co.uk Gift Card promotion. Account features focus on overdrafts, savings, and debit card functionalities for UK student residents aged 18+. No information on free samples, no-cost trials, or mail-in programs in categories such as beauty, baby care, pet products, health, food, or household goods appears in the provided data.

Sources

1. East West Credit Union Student Accounts
2. Sounds Online