Masters and bank accounts

orangeslimes

I am thinking of applying to do a MSc this year.
Just wondering if anyone has any knowledge or experience of bank accounts as a postgraduate? Can I get an interest free overdraft (or a free railcard etc?)
I currently have a not much used "Graduate Royalties" account with RBS (I graduated back in 2007)

[Deleted User]

You should be able to revert your current RBS account to "Student" instead of "Graduate" and gain all the perks you get with it (except one off sign up incentives) - I believe the rail card is for undergrads only.

And, I'm not sure about other banks - just pop in and ask them.

tasty_snacks

I applied to a couple of banks to get the postgrad accounts, which differ from the undergrad versions. I had a Natwest student account back in the day (graduated undergrad in 2004), and they would not allow me to go back to a student account in any shape or form.

I ended up opening Co-op and Abbey accounts, receiving interest free overdraft limits of £1400 (which has now increased to £1700) and £100 respectively. The Abbey account was a nightmare from the beginning so I quickly closed it.

But there are a number of postgrad accounts out there- given you're with RBS I'm guessing they'll have the same deal as Natwest about not allowing you to reconvert you current account to a student jobbie?

[Deleted User]

I've had no problems reverting both RBS and Natwest accounts to student accounts.