Student bank accounts

shoperholicnot

Has anyone opened more than one account to get the freebies??
My daughter is going to uni soon ( a hundred miles away) one bank offers a free railcard and the other an nx2 national express card and she could do with both! lol

crossleydd42

Is it worth it for the tenner the nx2 costs?

Or she could see if https://www.megabus.co.uk offer routes that could be useful to her for a very modest amount.

Even National Express http://www.nationalexpress.com/save/funfares.cfm
have cheap fun fares on certain routes at certain times.

gizmoleeds

You cannot open two accounts. They will require you to pay your student loan into the account - you can't have it paid twice.

ceminem

you can 'lie' to them and tell them your loan will be paid into the account, being student accounts they don't really check, you can transfer the loan from one account to another to make it look like the loans going in, I know that this works.

shoperholicnot

hi
sorry forgot to say that the railcard is for 5 years and the nx2 card is for 3 years

ohit

Yes.
Why two? Go for them all.

Student loan is not a requirement. Not everyone will apply for it (or be entitled to it).

Banks are thick anyway.

jr666

never lie to banks. Its only very thick people who think banks are thick. But check the T&C's of the accounts and you may find that a few have the requirement that only a minimum amount (£200 a month?? i dont know) has to be transfered to the account each month.

Just set up a standing order from one account to the other account then if you want set up S/O from that account back to the original account . Doing this will enable you to slip under the banks radar and still adhere to the T&C's.

ohit

I think banks are thick. And I am not thick. Who said anything about lieing to banks anyway?

The point is, it's easy to do, so just do it.