Interest free overdrafts?

rG-tom · 5 Jun 2006 at 23:02

Hey guys,

Probably dreaming here, but is there such thing as an interest free overdraft for none students? I'm 18 now but working practically full time, and an interest free overdraft would be extremely useful atm.

Cheers,

Tom.

tom_nieto · 5 Jun 2006 at 23:04

Best people to talk to would be your bank. I would imagine that if you've got a regular income they'd be able to offer you a good deal. AFAIK totally interest free overdrafts are student only things though.

Skiddley · 5 Jun 2006 at 23:05

If you put >1K p/m into your current account you can usually get 500 quid at 0%.

rG-tom · 5 Jun 2006 at 23:07

Skiddley said:
If you put >1K p/m into your current account you can usually get 500 quid at 0%.

damnit, i don't earnt that much before tax nevermind after

Tom.

McDaniel · 5 Jun 2006 at 23:11

you can, but it wont be a huge amount, chat to someone at your bank - you could prob squeeze £50-£250 out of them

Ben · 5 Jun 2006 at 23:12

Alliance and Leicester gave me a 0% Interest Overdraft of £850 for a year. They offered me one to begin with when setting up the account, but I declined, however after having some issues with getting some DDs etc switched over, suggested I have one to cover any of the issues so I took it.

Looks like they still do it: http://www.alliance-leicester.co.uk...page=premier-direct&ct=htmlBseccuaccmay06tile

rG-tom · 5 Jun 2006 at 23:15

Ben said:
Alliance and Leicester gave me a 0% Interest Overdraft of £850 for a year. They offered me one to begin with when setting up the account, but I declined, however after having some issues with getting some DDs etc switched over, suggested I have one to cover any of the issues so I took it.

Looks like they still do it: http://www.alliance-leicester.co.uk...page=premier-direct&ct=htmlBseccuaccmay06tile

sounds good but the first line of the site is "IF you are 21 or over"

Tom.

Ben · 5 Jun 2006 at 23:21

rG-tom said:
sounds good but the first line of the site is "IF you are 21 or over"

Tom.

You know, I read that line, and also read that you were 18, but I never made the connection

*needs sleep*