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Santander student account, part time/distance student
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pjread
Posts: 1,106 Forumite


Hey all,
Anyone recently opened a Santander Student 123 account as a part time (~50%) distance student?
I know some on OU have these accounts but not sure if there are limits around credits being studied - I'm doing a small number of OU credits on and off just for 'fun' but also a 'bigger' course with a less well known institution which would be 2yrs if full time (L4/L5 240 credits and will probably top it up somewhere better known once done) but over 4-5yrs as there are only so many hours in the day... The larger course being the 'real' study, but not sure if they work off a certain list of qualifying providers.
T&C don't explicitly demand full time (which some accounts do) but their advisors on phone/email aren't very helpful (apparently they "can't give advice", which is strange as I just wanted them to clarify that my courses 'qualified')
So, does anyone have insight in to whether this fits their criteria, and whether e.g. an account switch in and an NUS card or invoice/email from institution will be enough for them?
Anyone recently opened a Santander Student 123 account as a part time (~50%) distance student?
I know some on OU have these accounts but not sure if there are limits around credits being studied - I'm doing a small number of OU credits on and off just for 'fun' but also a 'bigger' course with a less well known institution which would be 2yrs if full time (L4/L5 240 credits and will probably top it up somewhere better known once done) but over 4-5yrs as there are only so many hours in the day... The larger course being the 'real' study, but not sure if they work off a certain list of qualifying providers.
T&C don't explicitly demand full time (which some accounts do) but their advisors on phone/email aren't very helpful (apparently they "can't give advice", which is strange as I just wanted them to clarify that my courses 'qualified')
So, does anyone have insight in to whether this fits their criteria, and whether e.g. an account switch in and an NUS card or invoice/email from institution will be enough for them?
0
Comments
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Do the T&C say you need to pay in student finance?0
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Do the T&C say you need to pay in student finance?
Nope;
"
To remain eligible for the interest-free and fee-free overdraft, railcard and credit interest, you must credit your 1I2I3 Student Current Account
with a minimum of £500 each academic term. Refunded amounts from your Visa debit card, interest and transfers from other Santander
personal accounts in your name won’t count towards the funding amount."
Not interested in the overdraft really, just after the 4yr railcard to be honest (!)
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Use of your current account
■
The account must be used as your main or primary current account.
■
Your main form of funding, for example your student loan, grants, parental contribution, and/or income from any employment, must be
paid into it. If you don’t regularly pay in your main form of funding, we may discontinue some of the services offered on your account or
close your account.0
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