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Advice on bank account

Burning Eclipse · 2013-10-08 09:20:54

I have an old student a/c with Ulster Bank. For the last 5 years I have had a balance of €1. Clearly this isn't my primary account. I set it up in college as they were offering an interest free overdraft of €650, which was useful at the time. Thus far I have paid €0 in charges on the a/c. Is there any good reason I should…

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08-10-2013 10:20am

#1

Burning Eclipse

Registered Users Posts: 2,943 ✭✭✭

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Posts: 2766

I have an old student a/c with Ulster Bank. For the last 5 years I have had a balance of €1. Clearly this isn't my primary account. I set it up in college as they were offering an interest free overdraft of €650, which was useful at the time. Thus far I have paid €0 in charges on the a/c.

Is there any good reason I should keep this open? I just got my yearly statement and it reminded me that I should really make a decision on this one way or another.

Advice and input appreciated. Sorry if this is a bit pedestrian compared to the usual requests here.

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#2 08-10-2013 4:47pm
wmpdd3

Registered Users Posts: 9,624 ✭✭✭

Join Date: February 2007

Posts: 9434

One day they will send you a letter to confirm you are a student, if you are not they will start bank charges or change your account into a normal current account.

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