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How to open a student bank account when studying at Open University?
Damagedcar
Posts: 17 Forumite
I am studying at the open university fulltime and wonder if any bank account will accept me for a student bank account?
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Damagedcar wrote: »I am studying at the open university fulltime and wonder if any bank account will accept me for a student bank account?
Highly unlikely because a condition of student bank accounts is that you pay in your student loans. Which as a part time OU student you won’t have.0 -
Quite possibly - some of the criteria is...You can apply if:
you're aged 17 or over
You’re studying full-time on a course of at least two years’ duration, or a one-year full-time access course leading to a degree
You've been a resident in the UK for at least three years
When can you apply for a student account?
As soon as you have a place confirmed, you can apply.
If you’re already a student, you can still apply for a student account.
Not all Student accounts require you to pay in your student loan. Some state that the overdraft feature will only be considered if you pay in a regular amount. This could be from another bank, savings, earnings etc.
Have a look at the different providers and see which ones you meet the criteria for
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If you can't be the best -
Just be better than you were yesterday.0 -
The criteria you’ve quoted states full time course. OU is classed as part time.0
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Santander only require you to be an undergraduate, no mention of full time so may be worth asking.0
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It highly depends on the bank, some have become more flexible with OU study. I looked into Santander the other year I *think* you need to pay £x amount in for that one and it can't be from another S account.
I do know some people who have got one though, plus whilst for student finance reasons you class as 'part-time' you can even get council tax reduction for being a 'full-time' student.People don't know what they want until you show them.0 -
this is was precise information. i will surely refer one of my friends who was asking for such information here.0
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