How to increase student overdraft ?????

I start university in September. I applied for £300 overdraft by accident instead of £500 as £500 is the maximum limit for first term.

I've spent £200 on my rent deposit. So, how much do I put for increasing? Do I put £200 as I already have £300 of the maximum limit or do I put £500? I'm with Natwest.

(edited 7 years ago)

Reply 1

999tigger

Just contact them. It should be a problem. I noted th Nat West overdraft limit is pretty low.

http://personal.natwest.com/personal/current-accounts/overdrafts/student-overdraft-apply.html

(edited 7 years ago)

Reply 2

Emmasmith90

Original post by 999tigger

Just contact them. It should be a problem. I noted th Nat West overdraft limit is pretty low.

http://personal.natwest.com/personal/current-accounts/overdrafts/student-overdraft-apply.html

I know how to increase it I just don't know if I have to increase the overdraft to £500 or whether I have to put £200 as I already have £300 (if that makes sense)

Reply 3

999tigger

Original post by Emmasmith90

I know how to increase it I just don't know if I have to increase the overdraft to £500 or whether I have to put £200 as I already have £300 (if that makes sense)

Your are increasing it BY £200 to £500. It should be apparent the words they require from the form or speaking to them, just double check.

Reply 4

999tigger

Original post by Emmasmith90

I know how to increase it I just don't know if I have to increase the overdraft to £500 or whether I have to put £200 as I already have £300 (if that makes sense)

Your are increasing it BY £200 to £500. It should be apparent the words they require from the form or speaking to them, just double check.

I'm just surprised how low the o/d is. I used to think they were all the same.

Reply 5

doodle_333

Original post by 999tigger

natwest goes up each term, so term 1 is 500, term 2 is 1000, term 3 is 1500 and at one point you could get 2000 in second year but I don't know the current limit

Reply 6

999tigger

Original post by doodle_333

natwest goes up each term, so term 1 is 500, term 2 is 1000, term 3 is 1500 and at one point you could get 2000 in second year but I don't know the current limit