Graduate bank account

An account for those who
are starting
out after graduation

No monthly fee

About to enter the world of work?

Our Graduate bank account can help. It offers discounts on eating out with tastecard® and the opportunity to apply for an interest-free overdraft of up to £2,000 for your first year.

Product features…

Arranged Overdraft

An interest-free overdraft up to £2000 for your first year (subject to eligibility. Over 18s only).

Arranged Overdraft - in detail

What is it?

An Arranged Overdraft is a short-term way to borrow and can be a really useful way to pay for unexpected bills. An Arranged Overdraft means we’ve approved extra funds for you, which are available on your current account.

What you should know

As this is a Graduate bank account, it’s interest-free if you stay within the Arranged Overdraft limit. You can apply for an Arranged Overdraft within the Graduate account application form, or at a later date by visiting Overdrafts.

How much will I get?

In your first year: you won’t pay interest on arranged balances up to £2,000.

In your second year: the amount of overdraft that is interest-free will reduce, so you will start paying interest on any amount borrowed over the 'interest-free amount'. Subject to eligibility. To apply you must be 18+.

More about overdrafts


If you love eating out, you’ll love this offer: get 2 for 1 or 50% off your food bill at thousands of restaurants UK wide.

Tastecard – in detail

Some restaurants may exclude tastecard use on Friday or Saturday evenings, Mother’s Day, Father’s Day, Valentine’s Day, the whole of December and potentially other “event” type days.

Where restaurants offer 50% off they may limit the number of people; where restaurants offer 2 for 1 this does not include side dishes or extras.

Some restaurants require you to book prior to arriving.

Mobile Banking app

Our mobile banking app is secure, easy to use and lets you do loads of useful everyday banking tasks when you’re out and about. It’s available to Digital Banking customers with a UK mobile number.

Mobile Banking app - in detail

Log in with your fingerprint on selected Apple and Android devices– it’s simple, secure and fast.

Easily manage your payments and Direct Debits – keep an eye on your Direct Debits and pay bills.

Set up a text alert – get a notification if you’re going to slip into your overdraft.

Get cash without your card – left home without your purse or wallet? No problem. Simply go to any Royal Bank of Scotland or Tesco cash machine and follow the steps in the app. You can withdraw up to £130 every 24 hours.

That’s only half the story. Find out what else you can do with our mobile app.

More about our Mobile Banking app

Visa debit card

Make purchases. Withdraw cash. Pay contactless.

Visa debit card - in detail

Use your Visa Debit card to pay for purchases in shops and online, travel, meals out, coffees etc.

What is contactless?

Want to pay quickly and securely for amounts of less than £30? Just look for the contactless symbol, then touch your card against the reader. Simple as that! You can also pay contactless by using Apple Pay or Google Pay. 

24/7 banking

Access your account wherever, whenever.

24/7 banking - in detail

Because we all lead busy lives, we've made it easy for you to access your account whenever it suits you, through our Digital Banking or our Mobile Banking app. Alternatively call one of our UK call centres, available 24 hours a day.

Everyday support

Text alerts, email alerts, arrange Direct Debits and more

Everyday support in detail

Our Graduate bank account is designed to help you with your day to day banking needs. You can set up text alerts and manage Direct Debits as a convenient way to pay household bills or memberships to gyms etc.

What are text alerts?

Text alerts are a really handy way of keeping tabs on your money. You can get a text alert to let you know when your balance is about to go below a certain limit, or to let you know what your balance is at a specific time.  You can set them up when you fill in the online application form or in the Royal Bank of Scotland Mobile Banking app.

How to apply online

How do I open an account?

You can apply online right now if you’re ready. Just use the section below.

How long will it take?

You should be able to complete the online application in an average lunch break.

How can I prepare?

We’ll need some details from you, such as your address history, monthly income and some ID.

I'm ready to apply

Great, thanks for choosing to bank with us.

Just to give you a heads up, here are the details we’ll need during your application

Your full address or addresses from the last 3 years

Your income after tax

Your monthly outgoings

Some form of ID. This could be a UK passport, UK driving licence, bank statement or utility bill

And now for the important legal stuff...

To open this account you must meet these requirements

Aged 18+

A UK resident

You have graduated from a full-time course of higher education (lasting 2 or more years within the last 3 years) including completing training as a nurse or

Have previously held a Royal Bank Student bank account

If you meet the above requirements, please answer ‘yes’ to all 3 question on the first page of your application form.

Important Information

Please take some time to review, print and/or save the important information. By clicking to proceed you are confirming that you have been provided with, and have acknowledged our important documents including the FSCS information sheet.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Are you ready to continue?

Great! Now we know a bit more about you, we can get started…