Royal Bank of Scotland Student Banking

When I wrote this opinion the Royal bank were being nice to me but this has since changed. During the summer I was unable to get a job due to the massive unemployment and redundancies were I live, also my gran was diagnosed with cancer and died, this made job hunting a very low priority. I phoned the bank and explained by situation and was told that since I had not used by card or cheques they would not charge me anything (as I was over my overdraft.) and they would take the amount I was overdrawn over my three loan installments. This conversation led me into a false sense of security. Today I contacted them to inform then when I was getting my loan ...  Read the complete review

I have been trying to enrole myself into this bank for the last few months and it seems like I am not getting anywhere. I have been with The Bank Of Scotland all my life (well as soon as I got some money), but I am fed up with them. I am a student and most students like overdrafts. I had one from this bank, paid it off and asked for the same amount - a puny £150 and they have refused me. The Royal Bank sounded like a great idea with it's student package - cheap mobile phone and £1000 overdraft. I decided to apply. The woman that done my application said I would have to close my other student account before this bank would give me one. That was fair ...  Read the complete review

I moved to RBoS from Barclays nearly two years ago. Barclays wouldn't give me an overdraft increase to £350 (i'd only asked for £200 to start with and the max you were supposed to be able to have was £1000!). I walked in to the RBoS the same day, told them what I wanted, and they organised for my account to be transferred the same day. The staff are friendly and helpful, and you never have to wait that long at all in a queue, even at lunchtimes at my city centre branch. The only things that get me sometimes: My branch isn't open on a Saturday, and so if I want to deposit money, I have to wait until Monday (You can't do it through a cash machine). I ...  Read the complete review

You never know when you will run out of money. As a student your budget is tight. That's why it is important to take advantage of the RBS free-interest overdraft facility. Moreover the amount you can overdrawn increases as you move from one academic year to the next starting at £1000. In my second year I had an overdraft facility of £ 1300. At one time I had to fly back home urgently. Having no money in my account I had to overdrawn my account by quite a large sum to be able to fly to the Indian Ocean. I got the money instantly from the cashline machine. There was no hesitation from the bank and I never got any demands for immediate repayments from the ...  Read the complete review

The Royal Bank of Scotland Royalties account is the best account I have ever opened in a bank. The number of benefits is immense, and to date I cannot think of a complaint about it. From credit cards, to telephone banking, to overdrafts, a personal assistance whenever needed. Also Royal Bank of Scotland is a member of IBOS, an organisation for transfer of funds between certain banks in certain countries with incredibly low charges (max I have paid was £5) and the transfer is immediate. The funds are available in your account straight away. I have banked with other banks for a long time, but since I have discovered RBS I cannot think about leaving them, at least ...  Read the complete review