Halifax student account - application declined

SyrupSponge_2

I am heading off to university in September and have had
halifax accounts of various shapes and sizes since I was about 10. Atm I'm a current account customer with an overdraft of £2,000 (which I should reduce as I don't need it) and there's an option on the website that allows me to extend that to £2,500 if I need it.

So earlier in the week I was looking online into opening my student current account, as I had completed my student housing application and that seemed to be the next logical step.

I applied for the halifax student account but for some reason my application has come back as a decline. Before I started the application it said that I didn't need to know my address for next year, but it asked me for it and wouldn't let me proceed without entering one, so I put my home address, although it seems odd that it would decline me for that.

Anyone know why I may have been declined? Do I need to remove or pay off my current overdraft before I can be accepted (I'm £15 in the red at the moment )

Going to go into my branch sometime this week to ask about it but it seems a bit odd for me, as I have been banking with them for a long time, and the fact that a £2,500 overdraft is available to me indicates that I have a fairly good history with them.

jfwmb88

I got declined halifax too. Is it safe to try elsewhere? cheers guys.

jfwmb88

i have plenty of cash in abbey. paying direct debit to santander credit card. have just got a tv on finance. no student account though!

hbloomers

I was declined online with Halifax last year, as I also didn't know where I was living the next year, but it was sorted out when I popped into the branch and talked with the manager.

Though the bf had problems with Halifax this year, I think he was given an account online, but they never emailed him back with his password/user name. But when he went into a branch, they said there was nothing they could do, and declined him.

Tbh, I think a history with them does help. I was banking with them for 3 years before I got my student account, and my parents both have accounts with them. When you go into the branch, take your letter from UCAS/Uni confirmation letter with you, a letter from Student Loans Company, proof of address (driving license, 3 months bank statement if you also have accounts with other banks, phone bill etc) and passport/government approved ID card.

wrangler360

If you have a Halifax current account you can change it to a student account.

some of the branches may tell you they cant (as are trying to sell you another account) but they can.

jfwmb88

What would be a good student bank to go for now.declined halifax in store.am in credit a fair bit on debit card.pay direct debit to santander credit card.have just got a tv on finance. the list goes on. i like to think i have a good credit score.cheers guys n gals!

brians_daughter

wrangler360 wrote: »

If you have a Halifax current account you can change it to a student account.

some of the branches may tell you they cant (as are trying to sell you another account) but they can.

How does this work? I have a current account with them at the moment - but i have a default on my credit file from after i opened the account (this is being challenged at the moment as teh account balance was in dispute when the default was placed there - hence me not paying in full just what i owed)

Will they credit check me again or not? scared of getting my od taken off me as i am living in it for this month and some of september

sorry to hijack your thread op!

mangadarkogirl

I've just been rejected online. Don't understand it, have banked with them 10yrs. Had a student account before, now have a current + savings, and no credit rating problems. All debits are paid on time.

I'm going to go in branch, but that £3000 overdraft would come in handy, as the NHS bursary is peanuts.

21banksy21

Hi this happened to me last year, i did it online and it was refused, i went in to the bank and asked why, one of the staff said it was probably because i have no account with the bank, so i opened a current account with 100pound and tried again after a month and it was accepted with a 1000overdraft instantly, after 6months i applied for a further 1000 and it was accepted hope this helps!!

gobfans

how long does it take to process, my application online still says it's being processed, it's been about 2 weeks now since i applied,anyone got any advice on what i should do.

mangadarkogirl

I went into my local branch yesterday. They couldn't tell me why I'd been rejected, said the credit scoring is higher due to the big overdraft.

I got my account converted into a student account, along with all their perks. Whole process took less than 20mins. I also qualify for a credit card, but that's b/c I've banked with them so long. My overdraft still remains at £1000 but is now without interest. And can call up anytime to get it upgraded.