i had a letter from halifax saying i need to renew my overdraft and to ring them etc
i dont want a bigger overdraft - just the one i have got... do i need to ring them???
if i dont ring will they close the account and stick charges on it?
p.s i have made sme payments but not a lot lol..
This is good advice. It probably varies. At some banks, the amount of overdraft is depedent on the year of study - usually more is awarded as you progress up the years. I'm with Lloyds TSB and with their Student Account, customers are given a fixed overdraft of £1500; it does not increase year on year, but is interest free for the full duration of the course and for three years after graduation.
ok thanks guys - i'll give them a ring tomorow
i can pay it off tomorow if needed - just thought that i had it for the duration of the 3 years at uni!!!
hate halifax anyhow! i might even pay it off and go with lloyds TSB... need to close this account first though to open another?