Open a Student Account at Mercantile

Benefits in a student account - Mercantile for Encouraging Academic Education
Have you been accepted for studies?

Are you a student?

Students at Mercantile study with peace of mind.

It's worthwhile being a student at Mercantile with such conditions and benefits.

Benefits in the Current Account

Students at Mercantile have no worries regarding the current account
It's worthwhile being a student at Mercantile with such conditions and benefits.

*Students who present a payment voucher from the academic institution verified by the Council for Higher Learning are entitled to the following benefits
*The benefits are for 4 years without having to present a certificate every year

 

Service Type

Benefit

Account Management Fees

  • 100% discount for transactions via a teller (without a minimum)
  • 100% discount for transactions via a the direct channel(without a minimum)
  • Two checkbooks per year 

Credit Cards

  • Domestic card, international card and gold card exempt from card fees for 4 years. 
    Providing a credit card is subject to the branch manager's discretion.

Forex

  • A 50% discount on exchange commissions on acquisition/sale of forex
  • A 50% discount on exchange rate differentials
  • 0.5% discount on cash acquisition / sales of forex.

*  Subject to a minimum commission 

Securities

  • A 0.25% discount on the acquisition/sale of Israeli securities on the TASE 
  • A 0.35% discount on the acquisition/sale of securities traded overseas, including:bonds / gold / silver / options
  • Management fees on a securities account in Israel – 0.100% per quarter
  • Management fees on and overseas securities account – 0.125% per quarter 

*All the benefits are subject to a minimum commission

Direct Banking:

  • Direct Banking Services Direct Telebank, mercantile@internet and Personal Mercantile free of charge 
 

 

Would you like to open a student account?
We are waiting for you at the Mercantile branches