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Can you open 2 student accounts?
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FussyPants01
Posts: 5 Forumite
Hi,
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!
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!
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Comments
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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.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.1
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Thanks!
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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