# Alpha Bank digital student banking initiative

> Live situation record from CLSTR: https://clstr.news/situations/alpha-bank-digital-student-banking-initiative
> Updated: 2026-09-22T07:59:15.000Z. Sources: 4. Developments: 2.

Alpha Bank has introduced ‘FOIT it is’, a digital banking program targeting students between the ages of 18 and 25. The initiative provides a remote digital experience including access to Apple Pay, Google Pay, Digital Cards, and IRIS.

Participants receive an ‘Alpha Privileged’ deposit account and an Aegean Debit Visa card with no subscription fees until age 25, which also features 0% commission on foreign currency transactions. To assist with relocation or equipment costs, the bank offers consumer loans of up to €3,000 at a 6% interest rate. Furthermore, the program includes an Alpha Bank Bonus Visa credit card with a €300 limit and no annual fee for those under 25, alongside preferential working capital terms for businesses that hire students or recent graduates.

## Timeline

### 2026-09-22: Alpha Bank launches digital banking program for students

Alpha Bank launched ‘FOIT it is’, a digital banking program for students aged 18-25, offering specialized cards, loans, and support for entering the workforce.

2 sources. https://clstr.news/cluster/alpha-bank-launches-digital-banking-program-for-students

### 2026-08-27: Alpha Bank launches FinQuest 2026 for European startups

Alpha Bank has opened applications for its FinQuest 2026 competition to European startups, seeking innovative fintech solutions for banking transformation.

2 sources. https://clstr.news/cluster/alpha-bank-launches-finquest-2026-for-european-startups

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Cite as: Alpha Bank digital student banking initiative. CLSTR, https://clstr.news/situations/alpha-bank-digital-student-banking-initiative