Midland lifts student incentives

MIDLAND Bank has extended the limit of its interest-free overdraft for students from pounds 300 to pounds 400. The offer is aimed at those entering higher education this autumn. Students already banking with Midland may have their limits renegotiated at their bank manager's discretion. Those choosing to bank with Midland receive a gift of pounds 15 in cash, a direct debit card and a credit card with a pounds 250 limit. The bank also offers free financial counselling.