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I need help picking a new bank
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It's all very well about going with a bank that has a large overdraft but what you have to consider is, are you going to be able to pay it back? Do you really want to be adding to your student debt?
Remember that the overdraft is the bank's money, and not yours, and they will want it back at any time. It is designed for short-term borrowing, not living continuously out of it. They maybe interest free, but whatever you do, do not fall into the trap of thinking that it's free money, as plenty of students seem to think!
Thanks dad.Anything I post is my opinion, so from time to time I may be wrong. I try to provide answers based in fact, however I don't know everything, so (like all posters on MSE), take what I say with a pinch of salt.0
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