Halifax Student Current Account Review

Watch this item
0.9 stars
Average rating for this product is: 0.9 out of 5

From 1 rating and 26 reviews

Thumb down 8% of users recommend this product

Rate it Now:

Click on the stars above to rate this product:

Tweet This Item


yvonnecrowle's Review of Halifax Student Current Account

19th Sep 2007

Overall Rating

0.5 stars
  • Ease of Use
    0.5 stars
  • Customer Service
    0.5 stars
  • Overdraft Facility
    0.5 stars
Good Points

People at the end of the phone are generally polite


Bad Points

No one seems to be willing to take ownership for the issue you are referring.


General Comments

Halifax are grabbing the headlines, drawing in applications from students with promises of a £2,750 interest-free overdraft. However, this is very subtly qualified during the application process, and they end up offering individuals far less, and less than banks which practice straightforward honest advertising - viz:

Halifax - come to us and get £2,750 interest free overdraft for up to 5 years - sub-text (never made explicit) - er, only if you have previously had a well-maintained credit account with us (pretty difficult for most 18 years olds to aspire to)

Compare NatWest - offers £1,250 - but you can apply to extend this once you have a track record, and that too will be interest free.


It is not clear what the hidden agenda is, but it is certainly there. They will imply that they are declining because your Experian score is below par; puzzled, you spend £5.98 to find out that your score is good, as you would expect. They are then extremely coy about why they have declined you. They seem to miss the point that someone with a good credit record, of stable background, and about to embark on a degree course is a potential investment in the future.

We are going to NatWest.

Remember - all reviews on Review Centre express the reviewer's opinion, not necessarily ours.
If you disagree with a review then please let us know by writing a review of your own or adding a comment.

Tweet This Review

yvonnecrowle's review has yet to be rated - Be the first!

How helpful did you find this review?