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Do I need a student account? / How can I cancel my student account? watch

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    I recently signed up to Natwest and basically they're already being *****. I've had various problems already, and that's just to physically obtain my debit card, nevermind actually trying to sort anything else.

    I want to close the account and keep going with my regular bank. Is there any reason I need a student account? I have a lot of savings so won't need the interest free overdraft.

    Also, I applied for the free railcard about a week ago. I accept that I'll probably have to sacrifice this since I won't be using the student account, but how do I go about telling NatWest this? And what do I do, just return the card when it arrives or do I have to speed up and tell them before it actually arrives?
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    There is nothing that says you specifically need a student account to go to uni; if you want to close it then you can go into a branch or write them a letter saying you'd like to do so. I don't know whether you'd need to return the card or not.
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    However, most student accounts offer interest free overdrafts some offering quite large limits. So if you need to borrow money, this is the best way. However if you are good with money and don't think you will need an overdraft then you don't really need a student account, other than for any freebies they may give away :P
 
 
 
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