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Abbey student accounts to give away £50 on the hour every hour during the whole of September
22 Aug 2009
36,000 available in Money for Nothing prize draw
Prize draw registration starts on 24 August 2009
Abbey Student Accounts is giving away £50 an hour, on the hour, every day for the whole of September, in the ‘Money for Nothing' prize draw which is available to both customers and non-customers. This £50 prize mirrors the £50 cash bonus that new Abbey Student Account holders get when they open a Student account.
The prize-draw is being run through Abbey's Student Account fan page on Facebook, www.facebook.com/abbeystudents, and registration for the free £50 prize draw starts on Monday 24 August.
In addition to a £50 cash bonus, the Abbey Student Account also offers:
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interest free overdraft of up to £2,000, which is tiered to help students manage their finances over the duration of their course
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2.00% in-credit interest available on balances up to £500
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24 hour online banking
Gillian Almond, Head of Abbey Current Accounts said: "We know that money is pretty hard to come by when you are a student, which is why we provide £50 in cash and a very good in-credit interest rate on our Student Account. There is also an interest free overdraft to help with initial outgoings, or unexpected living costs.
"This free prize draw is a great opportunity for students and others to get some extra and unexpected money into their back pocket, and highlight the great value Abbey Student Account, at a time when money tends to be tight."
Students looking for more information on Abbey's Student Account should go to www.abbey.com, or information can be found on the prize draw registration page www.facebook.com/abbeystudents.
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The information contained in Abbey's press releases is intended solely for journalists and should not be used by consumers to make financial decisions.
Abbey and the flame logo are registered trademarks.
Notes to Editors
1. This free prize draw is open to customers and non-customers aged 16 or over who are UK residents.
2. Entry to the prize draws is only possible via the Abbey Student Facebook application. Entrants must be registered with Facebook.
3. Only one entry registration per person is permitted. Entries will be accepted into the prize draws from 12pm on 24th August 2009. Entries into the final prize draw will be closed at 11.59pm on 30th September 2009. The date and time of entry registration will be automatically recorded.
4. Entrants (the "referee entrant") can invite friends (the "referred entrant") to enter the prize draws by using the Abbey Student Facebook ‘invite friends' function. For every friend ("referred entrant") that successfully registers into the prize draws, the "referee entrant" will automatically receive a further ten (10) entries into the prize draws. E.g. 2 invited friends enter = 20 additional entries for the "referee". There is no limit to the number of friends ("referred entrants") a "referee" can invite. A friend ("referred entrant") can be referred by one "referee entrant" only. The "referee entrant" will be determined using the automated referral tracking system.
5. No purchase, quotation or application of or for an Abbey product is required.
6. Prize draws will take place hourly from 12.00pm on 1st September 2009 to 11am on 1st October 2009. One winner will be drawn at random each hour, on the hour. Once a prize draw winner is selected, that hour's prize draw then closes and no further entries for that hour will be permitted. Entrants are automatically entered into all subsequent prize draws.
7. Entrants are eligible to win more than one prize draw. Prize-winners will be chosen at random.
8. Winners will be notified by email on or after 5th October 2009. The names of winners will be published on the Abbey Student Facebook fan page ‘Wall'.