Written on: 02/04/2013
NOT USE THEM! They claiming can give you up to 3k overdraft and you'll never see that amount! I been in college 2 years and went to 3rd year to Uni, at start they'll give you 500GBP, after a year I extend to 1k, and when I start third year I asked for 1,5k and I got it. Now when I have 3-4mths left I need extra cash for degree show, own branding (art&design faculty) I have been refused to have even 2k! I was working part time during the school time (20hrs pw) and full time during the summer... (read more)
Written on: 02/05/2012
Worst bank EVER! They had me running all over the place trying to find documents in order to open a student account, which they said I was entitled to, even going to get a second opinion from someone higher up in their management to confirm so. I only went in there to take out a couple months' rent and had no idea that I was eligible due to my past poor credit rating. I had to go through papers that were filed from UCAS over a year ago, go to the university and ask them for the paperwork... (read more)
Written on: 23/03/2011
Nothing but trouble with this student bank account. Having to phone up once a year and ask to keep the overdraft is not only annoying but frustrating. If you go into the bank to sort it out, they have to do it over the telephone any way.
Avoid this bank account. (read more)
Written on: 09/01/2011
I have been a customer with Halifax since I was a toddler- having numerous standard accounts, saving accounts, credit card and ISA. Despite this I was refused a student account with them TWICE (undergrad and postgrad). At 18 and 24 I had no overdraft, no credit card debt and have always paid my bills on time/stayed within overdrafts. They simply couldn't explain why I had being refused, especially as I have been a customer all my life, so much for customer loyalty! I will be moving my... (read more)
Written on: 03/11/2010
At first it seemed to be a good idea to have a Halifax Student Account because i have been a customer with Halifax atleast 3 years before going to Uni. Also my parents were with them which made it practical.
BIG MISTAKE!! Although i got a decent overdraft starting with 1,000 and increasing to 17,000 in my second year that was all they were willing to give me. It started with me going overdrawn by accident by 20p yes 20p!! They charged me £28.00 for this. I couldnt believe it i rang them up... (read more)
Written on: 29/10/2010
The Halifax Student account is the worst account out there! When I first got it it was fine, until they one day decided just to get rid of my overdraft and leave me paying all my overdraft back at £150 a month! Never go with this account, you'll have so many problems! (read more)
Written on: 30/08/2010
At first I thought the Halifax Student account was a good thing. I had no problems for the first two year, yes it was annoying having to keep going in to renew my overdraft limit, but I could live with that.
However this year Halifax decided using all their wisdom that I am no longer a student (I am going into my third year of my first degree) and that I do not need a free overdraft anymore. Without consulting me they have changed me to a regular account, where I have to pay a £1 a day if... (read more)
Written on: 24/08/2010
I have had a student acocunt with halifax for 5 years now (I am a veterinary student undertaking a course that totals 6 years). I have had nothing but trouble renewing my overdraft yearly with them as they are never satisfied with the paperwork I supply even if I bring in exactly what they have asked for. This year they have given me two weeks notice to renew the overdraft. I have been unable to get to a branch personally as I am working on my course all weekdays and also the weekend days... (read more)
Written on: 20/08/2010
My sister just applied online for the student account with halifax and was refused with no explanation! Customer service said she probably had bad credit. She is 18, has never had an overdraft to go over, never had a ny direct debits or bills. So now she has this on her banking record forever for no good reason. Incredibly useless pile of **** student account which assumedly will refuse all students. (read more)
Written on: 16/07/2010
I had a huge problam with Natwest and now I'm having the same with Halifax. I have been with halifax since I remember and have never ever had any problems with them until now. I have an unconditional university place and I booked an appointment and took in all the paper work I needed. I was then told that i'd failed the credit check!!
How on EARTH does an 18 year old girl with no mortgage and only just got a contract phone in her name even GET a credit rating?!
And Natwest told me I have... (read more)
Written on: 05/07/2010
Applied for a Halifax student account, and was refused outright on the basis of 'failing' the credit check. I am a student, who has never owned a credit card, never had bills (let alone unpaid ones!) or store cards, or bank charges... When I called Halifax to explain to them, a woman quite rudely stated "No credit score is the same to us as a poor credit score" and when I asked if there was someone I could speak to in order to explain/get an explanation, her reply was "No, no one here can... (read more)
Written on: 02/06/2010
Absolutely awful. Would not extend my overdraft past £1000 despite advertised potential of £3000. Also their bank charges are diabolical if you go over your limit, which by the way wouldn'nt have happened to me if they ad extened my overdraft in the first place! I would advise anyone to stay well away from Halifax, I'm switching banks ASAP!! (read more)
Written on: 01/06/2010
Just wait until you stop being a student and still have an overdraft in your student account. They then start to charge you £60 a month, which you have to pay just to stand still!
Never, ever use The Halifax.
Written on: 20/03/2010
Advertised a maximum £3000 overdraft available, I am now in my third year and been told I am still only entitled to £1000. Also, as I have been mainly overdrawn, I have had interest debited from my account - despite it being interest free. I would warn students not to go for this account, it is very unlikely you will be entitled to the huge overdraft they boast, and even if you are you could be debited for using it. (read more)
Written on: 12/02/2010
It looks like other reviewers have been slightly confused by the Student Account.
Being a student does not mean that any account you hold will become a student account. You have to specifically request it.
But once you've got it, you can get up to £3000 interest free (although I don't think they give more than £1750 in the first year).
Excellent customer service and internet banking.
Although Natwest's free railcard can be very useful for those students who travel by train a lot, if you... (read more)
Written on: 12/01/2010
Worst Bank Ever. PERIOD.
Literally they are the worst people to deal with!
Their overdraft facility is terrible, a small £100 which they'll do ANYTHING not to extend for you, regardless of the situation.
For example I had a bill due in a few days time that would take me £11 overdrawn so I asked for an extension on my overdraft that I could then reduce it again at a later date, but they of course said NO, knowing that they would charge me £38 for the privilege of the extra money.
THEN after... (read more)
Written on: 05/11/2009
Very disappointing. Eventhough it says interest free they do CHARGE A RIDICULOUSLY HIGH AMOUNT!! Speaking from experience! I overdrew with less than £0.40 (thats 40PENCE!!!) and was charged £38 pounds! This happend three times. I've switched now! (read more)
Written on: 10/08/2009 by icicle123
As a mature student already banking with the halifax I opened a Halifax Student Current Account. I used the available overdraft (2000) and started paying it back once working. I was unable to pay it back as quickly as I would of hoped because I had not yet got a permanent full-time job. The bank asked for all of the money back, I arranged with them to pay £90.00 a month back. I now owe £300.00. i have been working as a supply teacher and do not get paid for the six wks holidays and so asked... (read more)
Written on: 04/06/2009
As far as i knew i had a Halifax Student Current Account but got charged a ridiculous £93 for being £20 overdrawn when i don't have an overdraft!! They have no right taking my money. They should of at least told me through letter, there were not enough funds in my bank for any direct debts!!So i'm looking for a new student account with someone else. (read more)
Written on: 14/04/2009
Highstreet bank offering overdraft facility, online banking, banks in most highstreets and towns and cities. Halifax Student Current Account has an interest free overdraft as a student or so I thought!! This overdraft is on a time limit and although the HBOS authorized this facility, failed to inform me of a 6 year limit ( I am carrying out a 2nd degree)and I am now paying charges on an overdraft I thought was interest free. (read more)
Written on: 14/04/2009 by sc86
So when I went to university I thought that the most logical thing to do would be to change my account to a student account with my current bank Halifax. How wrong was I! After I left uni they began charging me interest onmy account each month of £20 and a further £39 for being over my arranged limit due to them charging me interest on what is supposed to be a interest free account. So I just rung Halifax and the man on the phone expresses that I am in deep dept and we need to come to an... (read more)
Written on: 03/03/2009 by mattaius86
Opening a Halifax Student Current Account was quick and easy once you pay the £100 opening deposit. I banked with HSBC for the first 3 years of university and they gave me a £1250 overdraft, in my final year I decided this was not enough in the final year so I made the switch to Halifax who were offering £3000 to students in their first year..................................so naive! I went into the branch quite disgruntled when I got my card, cheque book etc and found I only had £500... (read more)
Written on: 25/11/2008 by phoebe51 (1 review written)
I had an account with halifax while working full time on a gap year. No problems. Then I decided to go to uni, and they changed from a normal account to student now problem. My first year my overdraft was £1250, since then in the past 3 years I have increased it a number of times, now at £2750, no problems. (read more)
Written on: 15/10/2008 by shristinlea (1 review written)
I applied for a Halifax student account at the end of August. Two weeks later I hadn ' t received any communication through the post so I went into the branch and asked why. They then informed me that you have to put £100 in the account in order to action it (very silly under the circumstances that its a student account!). One week later I went into the branch and put in £100. They said everything had been actioned and I should receive a cheque book and debit card through the post. One... (read more)
Written on: 27/08/2008 by scott1707 (1 review written)
Be aware of the high overdraft offer. Whilst they did offer me UP TO £3000 I think it is very unlikely I will get that in year 1 or even in future years. Out of all the banks I spoke to they actually offered me the lowest. I have an average credit rating; I ' m 22 and have been employed for 6 years. They told me the only way you would get that high overdraft is if you already banked with them and had a proven track record. (read more)
Written on: 06/12/2007 by emma louise (1 review written)
I chose to open my student account with Halifax, as knew i would be tight for money at universty, and figured that the 2750 overdraft could come in helpful as oppose to the free gift other banks were offering. However, i have been informed that i cannot increase my overdraft above 1000. Therefore i would recommend people read through the small print or opt for the free gift instead! (read more)
Written on: 13/11/2007 by Angrystudent
What is the point of a bank account with a cheque book(who takes cheques these days) no cheque guarentee card and no debit card how do I access the money? And had to open with 100.00! (read more)
Written on: 14/10/2007 by gellie
Customer since baby, now 18, opened student account online, took 3 weeks for them to answer, they sent me a cheque book, 4 weeks later still no card, still no pin number. Thankfully I have an other account or I would be at uni with no access to money. Very disappointed with Halifax. I really will have to think about changing Banks. Lovely helpful people in local agency, shame about the rest. (read more)
Written on: 19/09/2007 by yvonnecrowle (1 review written)
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... (read more)
Written on: 29/08/2007 by claracluff (1 review written)
I went to my local halifax branch in sheffield to change my current account over to a student account. I was advised by staff this was possible, but when I went to actually do this I was advised it wasnt possible. You are not allow to just upgrade your current account to a studnet account (which meant i would only not pay interest on my over draft nothing else!) I HAD to open a new student account. I said this surely wasn't necessary as i have an existing account. They filled in my... (read more)
Written on: 01/06/2007 by tew (1 review written)
With my Halifax Student Current Account they told me my overdraft limit was £1000 max this week, even though I've already got £1500!?! Last month they told me I can have £2700!?! They try and sell you loans and credit cards left right and centre but don't like helping in the areas that most student need help. Been with Halifax for years and now I'm jumping ship! (read more)
Written on: 28/11/2006 by tillywho
My main concern with Halifax is that they advertise the availability of a £2700 overdraft, when in reality they actually offered me £500. I agree with other points made on this page. Considering they offer no 'incentives' such as MP3 players or a Railcard (neither of which I need), and advertise a generous overdraft (don't misunderstand me - I was never expecting the full amount from day one - more around the half way mark) but £500? And to access I needed to pay £100 at the time of opening... (read more)
Written on: 14/09/2006 by kweisberg (1 review written)
As a loyal customer for years, with a current account, savings account, and ISA's all in healthy credit, I was declined a student account, which I desperately need as I'm going to study for 4 years in London at great expense!!
I also claimed for 3 charges Halifax made to my account which they shouldn't have done. They acknowledged their mistake after legal action, and we signed a contract with them agreeing to pay back all the money, but so far they haven't. And they said it does not affect... (read more)
Written on: 04/09/2006 by kimkimbers72 (1 review written)
I opened an account 2 months ago as it looked better than most deals. However, I was only offered £1000 overdraft and not the advertised £1900! I asked why this was and I was told 'you only get up to £1900', I said well I've been mis-informed then. I left the branch and phoned them to see if the story was the same - I was told that a request would be put in for the full amount. Weeks later I got a letter saying it had been declined 'due to a review of finances.' I was in credit! ...I went... (read more)
Written on: 21/08/2006 by alby20002000 (1 review written)
I left school at 16 and opened a current account with Halifax, and I went to work full time for about half a year before I decided to go college. I have been at college for three years and have now finished (summer 2006), and I am now off to Salford University. Because of some problems with my student loan, which means I will receive it late, I decided to open a student bank account at Halifax (because on paper the account looks really good and offers a large fee free overdraft). It is vital... (read more)
Written on: 14/08/2006 by judz (1 review written)
I have had a student account with Halifax for 3 years. The customer service I have received has been terrible. They have repeatedly changed the status of my account to a non-student account without notification, and they charged me for the privilege of changing it back. They have no graduate plan at all, and interest on my overdraft upon graduation jumped from my 0% student rate to through the roof. I have found them to inconsiderate and uncooperative. They have repeatedly messed up my... (read more)
Written on: 12/08/2006 by Oby1 (1 review written)
I've paid about £10k over 2 years into my Halifax Student Current Account, and I have not received a penny in interest. The minute I went £15 in the red, they charged me £39. It is now illegal for banks to charge more than £12 unauthorised overdraft fee. (read more)
Written on: 24/06/2006 by rui001rui (1 review written)
I have had an account with Halifax since 2003 (Current account), and in all these years they did not give me any privileges, such as overdrafts. However, when a direct debit is paid in my account and the money is not there, they are too quick in charging £39. I have applied for an overdraft but they do not give it to me (maybe because they are getting more in not giving). So far (2006) I have paid something like £273 in charges. Last month I applied for a student account because I am off to... (read more)
Written on: 10/01/2006 by cookiesforcows
The Halifax Student Current Account went well for 3 years, but in the last year I have paid over £700 in charges alone, due to mistakes made by the halifax and they gave me 2 weeks notice to pay off my entire overdraft, threatening me with bailiffs, etc, as they did not believe I was a student, even though a month prior I had shown them evidence!!!! Grr. do not join! (read more)
Written on: 31/10/2005 by jhamku (1 review written)
I am an international student , went to Halifax to open a student account. First, they refused to accept the recommendation letter from my university, UWIC; which all the other banks accept. They asked for any other bank statement or any bills in my name. I submitted the bills and all the documents, went to the bank 3 times and finally they processed my application. After few days I received a letter stating that they cannot offer me a student account as I have not passed a credit check. Now,... (read more)
Written on: 12/10/2005 by Auntytoo (1 review written)
I tried to open a student account with Halifax, but was told that due to the fact I had no debt, an account wasn't available to me!!!!! (read more)
Written on: 13/02/2004 by alicja (1 review written)
I opened my first account with halifax when I was 13 years old. When I became a university student, I applied for the student current account. It was all done very quickly and easily, and the staff were nice and helpfull. I received a £1250 interest free overdraft limit, provided I pay my student loan instalment or other sources of income into the account. The overdraft was easy to obtain compared to other banks. For example my boyfriend had to justify what he needed the overdraft for at... (read more)
As rated by real users
"One major problem" Read More
"Student account overdraft 0/10..." Read More
"DON'T. DO. IT." Read More
"Lloyds loyal customer" Read More
"I have to disagree" Read More