We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Graduate - RBS's Overdraft Repayment Option

Options
Hi there,

First post ;)

Anyway, i graduated from Uni this summer and started my graduate job straight after. After 4 years of uni, I am at the bottom of a nice 2000£ interest free overdraft..

Basically, even tho my grad job is well paid, I'm finding it hard to reduce my overdraft by £100 or so each month. Im with RBS and they offer graduates a 2000$ interest free overdraft repayment (loan). This would mean i would start from 0 :D. I think this will give me greater motivation to save money each month and build up my balance/savings.

I have a meeting at the bank in the morning - should i go for it!!!!??? The advantages are that it is interest free and that it will 'force' me to pay each month :)

thanks!

Stu
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.