To apply you must be aged 17 or over & completing a full-time undergraduate course that lasts at least 2 years; completing a full-time post-graduate course; or training as a nurse, at a UK university or college of higher education.
If you want to apply for the Arranged Overdraft too, you'll need to be aged 18 or above and a permanent UK resident (ordinarily resident in the UK for 3 years or more)
Bank smarter with our Student Account
Designed to make your life at university that little bit easier, our Student Account comes with a free National Express Young Persons Coachcard, which gives a third off coach travel (available when you register for Digital Banking and paperless statements, once your account is open.) You can also download our mobile app and apply for an Arranged Overdraft of up to £500 in your first term, then £2000 after, that's interest free (Over 18s only).
There's more too, like access to 24/7 Digital Banking and receiving a contactless Visa Debit Card as well as being able to register for Cashback Plus (if you're over 18).
If you're coming to the UK to study; Learn what we can do for international students
Go big and go home with 1/3 off coach travel
Our National Express Young Persons Coachcard gives you discounted coach travel for 4 years. (Available when you register for Digital Banking and paperless statements, once your account is open.)
An overdraft that's there when you need it
Apply for up to £500 in the 1st term of your 1st year, then up to £2,000 after (Subject to eligibility). You can also manage your overdraft online.
Go out without your debit card & don't worry
With our Mobile App you can make use of 'Get Cash' & 'Pay Your Contacts'. Use your phone to get money from ATM's and pay friends back with ease.
Manage your money when & where you want
Manage your money when and where you want with 24 hour Digital Banking. With our Mobile App you can also manage your money on the move.
RBS Mobile app
Get the app to make your student life easier
Once you get the account, don't forget to get the app!
It includes Get Cash which lets you go out with just your phone and get money from selected ATM's. Don't forget aboutPay Your Contacts either! - Pay your mates back that fiver you borrowed with just their phone number.
Plus, it also does all of the simple stuff too, like tell you your balance or where your nearest branch is.
RBS Mobile App is available on selected smartphones, to personal current account customers with a debit card, Digital Banking and UK mobile number.
For Get Cash, limits apply to the service, including a maximum withdrawal limit of £250 per day. The amount requested must be within the daily withdrawal limit for your debit card and there is a maximum limit of 2 Get Cash withdrawals per day. You must also have at least £10 available funds to withdraw from your account (including any overdraft facility).
Pay Your Contacts lets you send money to someone aged 16 and over with a UK mobile number who has a NatWest/RBS Mobile Banking app or a valid UK Visa debit card, credit card or prepaid card. There is a maximum daily payment of £250 a day. You must have available funds to send from your account (including any arranged overdraft facility).
Student Bank Account - Overdraft
An interest-free overdraft, there when you need it
Our Student Account and the Arranged Overdraft are easy to understand so you don't have to worry.
You can apply for an Arranged Overdraft of up to £500 in the first term of your first year of study. After this you can then apply for an Arranged Overdraft of up to £2000.
Before you apply for our Student Account, learn what an Arranged Overdraft is, understand how much you can apply for and make sure you're clear on how our Student Account Arranged Overdraft works.
Icon expand What is an Arranged Overdraft?
An Arranged Overdraft is a limit agreed between yourself and RBS that you can spend up to, on top of the money you have paid in to your account.
For instance, if you paid £100 in to a brand new account and then had an Arranged Overdraft of £150, the total you could spend up to is £250.
Icon expand How does it work in my first year?
It's simple - if your in your first term, you can apply for an Arranged Overdraft of up to £500.
After your first term, you can then apply for an Arranged Overdraft of up to £2000.
Icon expand How much can I apply for?
With our Student Account Arranged Overdraft, you can apply for up to £2,000. This does depend on whether you are in your first term in your first year, or not.
- If you are in the first term of your first year of study, you can apply for up to £500
- If you are in any other term or year of study, you can apply for up to £2,000
Icon expand Are there any other charges?
Our Student Account Arranged Overdraft is interest-free.
It is important if you have a Student Account that you try to never exceed your Arranged Overdraft limit.
If you do exceed your Arranged Overdraft, there is a chance the Bank may reject your transaction. If this does happen there is a charge of £6 for each Unpaid Item (subject to a maximum of £60 in any charging period).
Important information about our Mobile app:
- Available to RBS personal account holders aged over 11
- You must be registered for Digital Banking
- Customers must also have a RBS debit card
- You must also have a UK mobile number starting with 07
- Available on selected smartphones
Important Information about Digital Banking:
- Available to RBS personal account holders aged 11 and over
You must use your RBS Student Account as your main current account by paying in at least £750 every 6 months and make at least 3 debit transactions every month.
If you stop using your account as your main current account then the interest rate you pay on your Arranged Overdraft reverts to the standard rate which applies to the Select Account. Arranged Overdrafts are repayable on demand. Over 18s only.
Already have an RBS Student Account?
Change or apply for a Student Arranged Overdraft
Already have a Student Account with us?
You can apply for, or change, an Arranged Overdraft by using our online application form.
RBS banking features
Don't forget about these extras too
With our RBS Student Account, you can register for Cashback Plus to earn Rewards.
Simply activate your account and use your RBS Visa Debit card on qualifying purchases at participating retailers. Available on personal current accounts held in mainland UK, except for Basic, Step and Cash and current account mortgages. Over 18's only.
More about Cashback Plus
Get smart with your money
Knowing a little bit more about money is always useful, particularly before or whilst you're at university.
To help make you more financially savvy, read our financial tips that can tell you more about what students are spending across the UK, how student overdrafts work and how to budget more effectively.
See the results of our Student Living Index 2015 and learn how much students across the UK are spending on everyday essentials.
Not sure what an overdraft is or how it works? Read our guide about student overdrafts to learn more about them.
Learn more about budgeting whilst at university so you can make the most of your money.