Natwest Graduate Account

carrieuk

Hi,

Apologies if this question has been asked loads of times before.

My graduate account is due to finish in July this year. I still have my overdraft (slowly trying to make some money available to start paying it off by using the Debtfree Wannabie board)

But the question is, will they suddenly ask for the whole £2k back. Or will they put me onto a normal account with a £2k overdraft.

Thanks for any responses

vaporate

carrieuk wrote: »

Hi,

Apologies if this question has been asked loads of times before.

My graduate account is due to finish in July this year. I still have my overdraft (slowly trying to make some money available to start paying it off by using the Debtfree Wannabie board)

But the question is, will they suddenly ask for the whole £2k back. Or will they put me onto a normal account with a £2k overdraft.

Thanks for any responses

They will let you keep the 2k but be warned they will charge interest on that 2k.

It says down to 1000, 500 etc purely meaning interest free up to that bit and not cutting your facility down by that much.

Also be aware that the bank can call the lot in, like today, tomorrow, next week etc So i would cut this debt ASAP.

Banks usually call it in when no money has been paid into the account for long period. Like 3 to 6 months. Depends.