Third year student applying for first student bank account

Hi everyone.

So the thing that nobody tells you about student banking is that if you don't open a student account in the first year of your course then you can not apply for one if you change your mind a year down the line!
Ive just completed my second year and due to a change in circumstances now need to open a student bank account and get the overdraft that comes along with it.

But no, apparently its impossible to do so! No banks will accept new account opened by 2nd or 3rd years. Some wont even let a person in their 1st year open on after 5 months of being at uni!

I'm sure there's a perfectly good explanation for this but it seems pretty dumb to me.



Or maybe anyone can give some advice on what to do? I really need an overdraft and would prefer a cheap student one than a regular overdraft with my bank. I currently bank with Santander and have been in for an appointment to switch my current account to a student account which is how i found out about this ridiculous restriction.



Are there any accounts which will allow a 2nd/3rd year to apply for a new student account? I've been on a few banks websites but they're no help at all.



Thanks for your help!

Comments

  • Voyager2002
    Voyager2002 Posts: 15,219
    Name Dropper First Post First Anniversary Combo Breaker
    Forumite
    All I can suggest is that you visit a few branches and see if the staff can help: I find that Nationwide staff often have discretion to do things that the website suggests are not possible, so that would be my first port of call.
  • Dobbibill
    Dobbibill Posts: 4,132
    First Anniversary Mortgage-free Glee! Name Dropper First Post
    Ambassador
    Where have you applied so far?
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected]. All views are my own and not the official line of MoneySavingExpert.

    If you can't be the best -
    Just be better than you were yesterday.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 341.6K Banking & Borrowing
  • 249.6K Reduce Debt & Boost Income
  • 449K Spending & Discounts
  • 233.6K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 172.3K Life & Family
  • 246.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards