what overdraft limit did you get in your first year?

jadejie

hi,i'm about to apply for my student account soon, just wondered which one's the best and what overdraft you get. thanks.

katmad99

i'm with hsbc and i got £1000 interest free overdraft in the 1st yr, 1250 in 2nd and 1500 in 3rd. also i got a 5 yr student discount train pass (worth £500, as you can buy them for £100 a year, but as i'm only a student for 3 yrs it's a good deal as i'll have cheaper train fares for 2 extra years!!)

I think that deal was pretty standard with most banks when i was signing up for an account (e.g my boyf is with halifax and got the same deal, same overdraft, same train pass)

lellie

katmad99 wrote: »

also i got a 5 yr student discount train pass (worth £500, as you can buy them for £100 a year, but as i'm only a student for 3 yrs it's a good deal as i'll have cheaper train fares for 2 extra years!!)

Actually the young person's railcard is only £20 a year. It's worth £100 in total over the 5 years. That's all.

It is worth more due to the savings you can make on train travel, but the actual pass is only worth £100.

Moomum

im with natwest, got £1200 in first year, £1400 in second year and will get £1600 in third year ( if i pass exams lol ) Also got the free train pass, which I have to say ive never used!

jadejie

anybody actually got £2750 free overdraft with halifax?

Firehorse

jadejie wrote: »

anybody actually got £2750 free overdraft with halifax?

I had the full £1750 o/d the first year of my degree, was offered (without asking) the £2750 for my second year. However, I took a year out so am still on the original figure. Will definately be pushing for the full amount on my return this year.

jadejie

thank you for all your replies...cos i can't decide where to get my student account, i know a lot of place give you free stuff but wether having the free stuff or get a slightly big overdraft with halifax? i don't know...

lellie

Well think about it.. If you get £1000 more overdraft in a year and stick it in savings you will earn at least £50 - 20 could go on your railcard and the rest is a freebie! I've just been with hsbc, but they're just been easy.. I'm quite happy with them although for a grad account I may look elsewhere.

fallenwiccan

im with hsbc because ive been with them years and i wasnt bothered about freebies as ive used a young persons railcard for 2 years now.
they did however give me 10 vouchers for free cds from cd-wow.com that you can use on anything you want, was very impressed and its easy to pay money off my student credit card with their online banking

skylineboy2002

im with halifax student acc...

didnt automatically get one.. wasnt bothered about it till last month where i thought if its there might aswell ask for it..

so did

they said on the phone do u have a suggested amount i said not really, woman on phone said choose an amount so i asked for £500 and its getting reviewed next year..

skylineboy2002

just to add - i havent used the OD yet! and hope i dont need to..