-- Posted by deaths door14 at 4:57 am on Sep. 8, 2008 i just applied for my student bank account and i didn't get an overdraft because i don't want to go into money i don't have. was this a bad idea? does everyone use their overdraft? -- Posted by Cawhax at 4:57 am on Sep. 8, 2008 Ahh don't get an overdraft, you will be paying it off forever. -- Posted by JC at 4:58 am on Sep. 8, 2008 i hav a $1000 overdraft, ive never used it -- Posted by Cruizer at 4:58 am on Sep. 8, 2008 dpends, its a good idea not to, because depending on the terms of the overdraft you may get interest when your in it. until you have a proper job you shouldnt be spending money that you dont have -- Posted by LEONIDOS at 5:01 am on Sep. 8, 2008 wont matter if you have money in their -- Posted by Sins and Demons at 5:08 am on Sep. 8, 2008 Credit blows, if you dont have money for something you probably do not need w.e it is that badly. -- Posted by The Samsoniteman at 5:44 am on Sep. 8, 2008 Getting an overdraft is a pretty bad idea and should be avoided if possible. It would be far better to get your parents or someone similar to be there for you if you suddenly find yourself in a cash crisis. On the other hand, overdrafts offered by student bank accounts are quite "good", because they sometimes don't charge you interest on borrowing and other plusses, but this depends on the bank.