Student overdraft stooze?

goldmercury

If I were to become a student for a few months and applied to all the high st banks for a student accounts, you think it would be possible to stooze the 0% overdraft that most of these student accounts offer? I know most of them usually offer something like £1k initally and goes up depending on what year of study you are in.

Also do they credit check on opening an account?

Jacster_2

I think there are rules about the number of student accounts you are allowed to have open at once. I remember a friend of mine at uni wrote a cheque to herself into one student account from another student account, and ended up passing a tortuous 30 mins with the bank manager at our uni branch!!

Might be worth checking the small print....

As I remember, I think they insist on certain aspects of student finance being paid into your account to prove it is the main student account, eg student loan. And I think there are certain requirements to being termed a 'student' in their t&c's, eg not just a night class, must be a recognised education establishment, minimum term of study, etc.

HTH

waterbaby

I do a part time course but I work full time and the course is at work's expense. I thought of getting a student account to stooze, but Halifax and Barclays say you must be in full time education

I can see why they want to weed me out, and I'm sure the others are the same.

Kicking myself for not doing the student stooze when I could have done (I graduated 4 years ago, and they all seem to want within the last 3). Oh well. Look to the future I guess!

ceminem

ive been stoozing with my student accounts for a year now, I will carry on when I graduate with the graduate accounts available. Cant say which banks as I might get into some trouble