Can you open 2 student accounts?

FussyPants01 Forumite Posts: 5
Third Anniversary First Post

Santander are my chosen bank account because of the overdraft facility and the student discount railcard BUT Halifax are offering £100 if you deposit £500 until November. Can I open both and close the Halifax one after I get the £100? I have read the Ts and Cs and there's doesn't seem to be anything preventing that. The £500 would be money from my savings. Thanks!


  • silvercar
    silvercar Forumite, Ambassador Posts: 45,973
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    If there is nothing preventing you doing so, then I don't see why not. Many years ago, banks used to insist that student accounts were fed from student grants/ loans. Now that not everyone takes the loans, I'm guessing they can't be so stringent. They will possibly want to know how it is being funded.
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  • FussyPants01
    FussyPants01 Forumite Posts: 5
    Third Anniversary First Post
    It doesn’t ask for monthly funding, and I don’t think they can ask for grant as not everyone gets one.
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