Has anyone actually got the overdraft at Halifax?

maniac886

freebie_junkie wrote:

everytime i go in they hassle me to take that blooming £2750, i dont want nor need it, they cant seem to understand that i dont want it!

Have you been with Halifax for a fair amount of time?

si1503

freebie_junkie wrote:

everytime i go in they hassle me to take that blooming £2750, i dont want nor need it, they cant seem to understand that i dont want it!

i'm not even going to comment on this :rolleyes:

freebie_junkie

maniac886 wrote:

Have you been with Halifax for a fair amount of time?

yeah, for 9 years, since i was 14, and thsi is my 2nd student account with them (due to havign to take 2 years off coz of being ill) im in 3rd year now and i have no intention of getting into debt to the tune of that much then getting stung with overdraft charges come next august, when they hassle me i instead ask them to check that its fixed at £0 and leave it at that. they seem absolutely obsessed with gettign me into debt, if its not for an overdraft im being asked to open various different cc's. my oh left uni with quite a big overdraft and the fees are a fortune whilst hes still paying it off, as are his cc fees. it makes me so mad how much credit they push at students, especially 1st years. for most people its their first time away from home and they see it as 'free money' only to be saddled with thousands of pounds worth of extra debt they needn't have had once they graduate. a mate of mine had 2 overdrafts and 4 cc's, at its greatest his debt was over £10,000, (not including his student loan!), how could they let it get that far? keep lending him money? awful.

freebie_junkie

si1503 wrote:

i'm not even going to comment on this :rolleyes:

how ironic that you actually did comment, then! :rolleyes:

DrFluffy

I don't know of anyone of my friends ( 3 of them - I'm still umming and erring) who switched over to Halifax this year who didn't get the full £2,750...

other

why are you a freebie junkie, yet decline the oppurtunity to make £140 a year by a few hours work?

I guess you could enjoy getting the freebies like me

freebie_junkie

other wrote:

why are you a freebie junkie, yet decline the oppurtunity to make £140 a year by a few hours work?

I guess you could enjoy getting the freebies like me

i cant be bothered mucking about with money in that way (i assuem you mean stoozing?) when it only equates to £2 odd a week, id rather put my energies into my business which is mainly blagging freebies from dept stores etc. and floggign them on ebay, much more profitable!!

si1503

other wrote:

why are you a freebie junkie, yet decline the oppurtunity to make £140 a year by a few hours work?

:T

_______

executiverocker

im surprised halifax havent been taken to ofcom or someone about this! I know of no 1 friends wise or online who has the £2750 in the first year. Surely its false advertising?

DrFluffy

Again, I do not know of anyone who hasn't been given the full OD... They act in the same manner to other banks - IIRC HSBC are the only bank who guarentee a minimum OD amount...

If they can prove people get it, then it is not false advertising.

Their website clearly states:

Halifax wrote:

[FONT=Arial, Helvetica]The table shows the maximum interest free overdrafts offered to student current account holders by all the banks listed. ** HSBC guarantees £1,000 limit if an overdraft is granted. 'Year' means the first year you have had a Halifax Student Current Account. Source: Moneyfacts August 2006.[/FONT]..

...[FONT=Arial, Helvetica]You must be at least 18 to open a Halifax Student Current Account and must be a student in full-time education (a degree course or similar course of higher education) or have stopped being a student in full-time education in the last 12 months. If you have an authorised overdraft you must pay your salary, grant cheque, student loan, parental contribution or other regular credit into your account. Overdrafts are repayable on demand. How much we lend depends on our assessment of your circumstances. Full limits may not be granted on application. Maximum term is 6 years. Available to UK residents only[/FONT]