Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Damagedcar
    • By Damagedcar 26th Sep 17, 5:05 PM
    • 12Posts
    • 1Thanks
    Damagedcar
    How to open a student bank account when studying at Open University?
    • #1
    • 26th Sep 17, 5:05 PM
    How to open a student bank account when studying at Open University? 26th Sep 17 at 5:05 PM
    I am studying at the open university fulltime and wonder if any bank account will accept me for a student bank account?
Page 1
    • _shel
    • By _shel 26th Sep 17, 6:24 PM
    • 1,056 Posts
    • 1,811 Thanks
    _shel
    • #2
    • 26th Sep 17, 6:24 PM
    • #2
    • 26th Sep 17, 6:24 PM
    I am studying at the open university fulltime and wonder if any bank account will accept me for a student bank account?
    Originally posted by Damagedcar
    Highly unlikely because a condition of student bank accounts is that you pay in your student loans. Which as a part time OU student you won’t have.
    Thanks to everyone who posts competitions
    • Dobbibill
    • By Dobbibill 26th Sep 17, 10:54 PM
    • 2,382 Posts
    • 3,490 Thanks
    Dobbibill
    • #3
    • 26th Sep 17, 10:54 PM
    • #3
    • 26th Sep 17, 10:54 PM
    Quite possibly - some of the criteria is...

    You can apply if:

    you're aged 17 or over
    You’re studying full-time on a course of at least two years’ duration, or a one-year full-time access course leading to a degree
    You've been a resident in the UK for at least three years

    When can you apply for a student account?

    As soon as you have a place confirmed, you can apply.
    If you’re already a student, you can still apply for a student account.
    Not all Student accounts require you to pay in your student loan. Some state that the overdraft feature will only be considered if you pay in a regular amount. This could be from another bank, savings, earnings etc.

    Have a look at the different providers and see which ones you meet the criteria for

    http://www.moneysavingexpert.com/students/Student-bank-account
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    A person who never made a mistake, never tried anything new.
    • _shel
    • By _shel 27th Sep 17, 6:59 AM
    • 1,056 Posts
    • 1,811 Thanks
    _shel
    • #4
    • 27th Sep 17, 6:59 AM
    • #4
    • 27th Sep 17, 6:59 AM
    The criteria you’ve quoted states full time course. OU is classed as part time.
    Thanks to everyone who posts competitions
    • sheramber
    • By sheramber 27th Sep 17, 3:59 PM
    • 3,756 Posts
    • 2,767 Thanks
    sheramber
    • #5
    • 27th Sep 17, 3:59 PM
    • #5
    • 27th Sep 17, 3:59 PM
    Santander only require you to be an undergraduate, no mention of full time so may be worth asking.
    • Kayalana99
    • By Kayalana99 30th Sep 17, 1:24 PM
    • 3,328 Posts
    • 5,956 Thanks
    Kayalana99
    • #6
    • 30th Sep 17, 1:24 PM
    • #6
    • 30th Sep 17, 1:24 PM
    It highly depends on the bank, some have become more flexible with OU study. I looked into Santander the other year I *think* you need to pay £x amount in for that one and it can't be from another S account.

    I do know some people who have got one though, plus whilst for student finance reasons you class as 'part-time' you can even get council tax reduction for being a 'full-time' student.
    People don't know what they want until you show them.
    • gregoryneill
    • By gregoryneill 2nd Oct 17, 5:04 PM
    • 2 Posts
    • 0 Thanks
    gregoryneill
    • #7
    • 2nd Oct 17, 5:04 PM
    • #7
    • 2nd Oct 17, 5:04 PM
    this is was precise information. i will surely refer one of my friends who was asking for such information here.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,910Posts Today

8,911Users online

Martin's Twitter
  • RT @LordsEconCom: On Tuesday Martin Lewis, Hannah Morrish & Shakira Martin gave evidence to the Cttee. Read the full transcript here: https?

  • Ta ta for now. Half term's starting, so I'm exchanging my MoneySavingExpert hat for one that says Daddy in big letters. See you in a week.

  • RT @thismorning: Can @MartinSLewis' deals save YOU cash? ???? https://t.co/igbHCwzeiN

  • Follow Martin