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The students were furious at the sudden withdrawal of HSBC's free overdraft facility in July, a move which landed them with unexpected bills of up to £140 in interest annually.
If your monthly income is lower (down to £1,250 a month) you can still get a free overdraft, but you have to pay £8 a month for the account.
The Santander 123 current account highlighted above gives you a free overdraft for four months when you switch using its dedicated service; after that, it's a £1 per day fee, capped at £20 per month.
"Most banks will give you an interest free overdraft for a couple of months just in case you go into the red while the change of bank accounts is taking place, so you should never be out of pocket due to a timing issue of switching salary payments or direct debit payments from one bank to the other," says Mr Hagger.
You'll also receive free cashier's checks and free overdraft transfers.
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But in July it said it was scrapping free overdrafts and would charge interest at 9.9%.
That was when the public learned that many members of Congress were helping themselves to free overdrafts from banklike government accounts.
UK based students are given large free overdrafts - Lloyds TSB offers up to £1,500 - but he did not qualify for a student account as he had not been in the UK for three years.
Nationwide's FlexAccount comes with a three-month interest-free overdraft, while its FlexDirect account gives you a three-month fee-free overdraft.
Both Halifax and HSBC, for example, are offering interest-free overdraft facilities of £3,000.
The most valuable benefit a student current account offers is an interest-free overdraft.
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