Natwest Student Account

saver2006

i signed up for a natwest student account online last friday (1st sep)-
how much of the £1250 overdraft will i get once ive applied and havent put in my student loan?

nikkif_3

I think I got the full amount!

Daniel1234_2

Same here.

Daniel

mhoc

Does the overdraft apply when the account is open or when the grant cheque goes in?

How long does it take before you get cards etc. My daughter opened hers last Tuesday over a week but has not heard yet.

Mary

sexymouse

I opened an account with them yesterday, and they told me to allow 7-10 working days to receive the card and railcard pack.

starlite_2

You don't automatically get any overdraft, at least you didn't a couple of years ago. You have to call to apply, and ime it's best to apply for a small amount and extend it if and when needed as it reduces the temptation to overspend.

Volcano

If you do take the overdraft make sure you start paying some cash into the account. Otherwise they'll start the nasty letters after about 9 months as well as withdrawing your cards/cheques.

melancholly

starlite wrote:

You don't automatically get any overdraft, at least you didn't a couple of years ago. You have to call to apply, and ime it's best to apply for a small amount and extend it if and when needed as it reduces the temptation to overspend.

yeah - for me they wouldn't put it above £500 to start with. which is bizarre since they kept increasing my credit limit on their credit card - well not that bizarre since the credit card charged and the overdraft didn't!!! i wasn't too impressed!

K9cuddles

I think I got it straight away.. then increased it to 1.8k about 2 years later.. now trying to get rid! lol