Student Bank Accounts

Snors

Hi there,

I have a question regarding my student bank account. I have a student bank account with Bank of Scotland which I originally opened in 2001, I studied for five years and after graduating worked for one year. During this time I had an interest free overdrfat of £2,600. I then paid interest on this facility for about 3/4 months untill I started a PGCE programme when bank of scotland renewed my overdraft once more. I did not complete my PGCE and began working again but still had my student account. In September 2010 I started a HND, which I will complete in June of this year. In January I was told to come into the bank to discuss my overdraft. Since septemeber my student loan of £500/month and a part-time salary have gone into this account. I spoke to various people in the bank of Scotland and the most they could do was extend my overdraft untill september. I got a letter today saying it will expire in June and from then on I will pay £1/day if I am still using it. The bank of scotland only provides a student account for a maximum of six years. I want to ask if yout think it is possible to transfer to another, such as lloyds, student or graduate account? I know the overdarft limit is less but I am hoping to pay the difference before June. Is this possible? or do banks only give student/graduate accounts to people who have never recieved them before? I also want to ask, if this is possible what is the best way to go about it? I have never had a graduate account and do not have any credit cards or other debt.

Thanks!

jennifernil

My daughter is with Halifax, really the same as BOS, she has had her student account since June 2003. She is a post grad now, nearly finished, so coming up on 8 years now. But she has not had any time out of study.

Might be worth speaking to them again