Using student bank account when not a student

[spoon1996]

Hi I'm still using my student bank account with my overdraft, should I say I'm not a student or tell them? Is there any penalties for this?

Thank in advance

Are you no longer a student because you quit a course?
Or have you graduated?

I quit and didn’t tell Twatwest and they didn’t do anything until the year after I should have graduated and it then turned into a grad account.

I quit and this should be the year I graduated
I have the full 2000 overdraft still on and I'm almost completely in it. I took it out when I had the ability to pay it back and didn't think I'd fall into hard times.

@spoon1996 your bank should automatically change it to a graduate account when your course "finishes" and then you should have two years to pay the overdraft back - that's what my bank (BoS) did anyway

Try to take steps to get out of the overdraft - both DS (recently) and I (a hundred years ago) had banks call in our student overdrafts. It's good to be able to demonstrate good intentions, however long it might take to get into the black.

Ahh I was in the same position. Natwest just charged my interest when my account type changed. Instead of it being interest free.
I had a salary going in but still lived in it for years.

I have been in the same position. When I should have graduated, the bank asked me i I was still a student and I said no, so it changed. I kept my overdraft.

It wasn't quite as high as your though.