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    Hello, I have recently been looking for a student bank account. I just don't understand a few questions and the reason I made a TSR account was to ask other fellow students if they have done it and how it works.
    I kinda get the idea of the overdraft and all but my questions are these :
    -The overdraft for example is 1.500 and I decide I need 400 pounds for whatever reason, Then I will be able to get another 1.100 till my overdraft limit. How does it work? Does that overdraft ''refresh'' itself and it goes back to 0 once the year is over or something? Does it go back to 0 if I put money into the account ? Or what? Also, if you get all that money, when do you start paying back? How does it work.
    Thanks in advance for anyone that answers.
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    If your overdraft is £1500 and you spend £400 then your account balance will be -£400 but will show as having £1100 available. It doesn't refresh, you will only get back up to £0 and then into positive amounts of money when you pay into it. So if you were on -£400 and then a student loan of £2000 went in then you would then have £1600 in your account.

    Usually you pay it off after your graduate, some banks give you an extra year or two. Depends on the bank so check the terms & conditions before taking it out.
 
 
 
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