Graduate Overdraft

Add some 'wriggle room'
to your current account

A little help when you enter the world of work

Interest-free overdraft up to £2,000 (for your first year)

May be ideal for short-term borrowing

Check your account balance at any time

Overdraft details


No interest to pay for the first year

You can apply for an Arranged Overdraft of up to £2,000, interest-free (subject to approval).

No set-up fees

We won’t charge you to set up your Graduate Overdraft.

Already with Royal Bank of Scotland? It’s easy to apply

If you apply online, the application usually takes less than 5 minutes.

Get an interest-free buffer

If you apply for a Graduate Overdraft, it may come with an interest-free buffer.

Check your account balance at any time

Use Online Banking to check your balance whenever you want.

Have your statements at your fingertips

We'll send you an email when your statements are ready to view in Digital Banking. You can check it whenever you want.

More Info

How our Graduate Overdraft may help

When you’re about to enter the world of work, your day to day expenses could change. That’s where our Graduate Overdraft could help.

What is an Unarranged Overdraft?

An Unarranged Overdraft is when you spend more money than you have in your account and you haven’t previously arranged an overdraft limit with us.

What might this Overdraft cost?

Representative Example: If you have a Graduate account with an Arranged Overdraft limit of £2,000 and you use all of this, you will be charged Arranged Overdraft interest at 9.9% EAR on £1,000 of that £2,000.

Ready to apply?

Great thanks for choosing our Graduate Overdraft. Let's get started. Are you a ...

Our Graduate Overdraft is for customers who already have one of our Graduate current accounts. Want to find out more?

Do you have a Graduate bank account with us?

Our Graduate Overdraft is for customers who already have one of our Graduate current accounts. Want to find out more?

Great! As we already know a bit about you, applying should be straightforward. Now for the important legal stuff.

To apply online, you must meet these requirements

  • You're aged 18+
  • You're living in the UK
  • You've not been declared bankrupt over the past 6 years

Important Information

Please take some time to review, print and/or save the important information. By clicking that you're ready to continue, you are confirming that you have been provided with, and acknowledge our important documents

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?

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