will student finAnce pay into a prepaid account? Watch

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Voddy
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#1
Report Thread starter 5 years ago
#1
Hi guys,

Ok, I have applied for student finance and was told I need a bank account in my name. Due to my foolishness, I am unable to open a basic bank account (co-op,Barclays,Natwest) have refused me. I owe £2000 to Barclays and I'm guessing this has impacted my credit score.

I have applied for a pre paid cash plus card account, my question is will student finAnce pay into a prepaid account?

I'm basically screwed and trying hard not to cry if student finance can't pay me.....
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balotelli12
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#2
Report 5 years ago
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Is the card acct a bank acct?
If not they won't pay into it.
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Voddy
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#3
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The card is a bank account albeit just not a high street bank or building society.
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rmhumphries
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#4
Report 4 years ago
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Even if you are in debt, you still may be able to open a bank account, just a heavily restricted one - do a search on google for bank accounts for bankrupt people. You need to have a bank account which accepts automated credit to be paid by student finance - if the only way you can take money out of your account is through a cash machine / via your debit card for the account (as opposed to online bank transfer for instance), I would suspect it is not an account which accepts automated credit. Confirm with your bank to be certain though.
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jenifergilmore
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Can I ask, how did this to for you? I am in the same situation or similar anyway. I was with RBS for 3 years, never overdrawn or got any bank charges but then they suddenly decided to close my account with no reason. All the other basic accounts are turning me down. I need to know if student finance will pay in to a cash plus account
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Voddy
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#6
Report Thread starter 3 years ago
#6
Yes, student finance will pay into a prepaid account.
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