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Apply for a student overdraft up to £2000

Open our Student
bank account

About our Student account

Interest-free overdraft up to £2000 (£500 in first term) 

Choose 1 of 3 great offers; a tastecard, Amazon Prime Student membership or National Express Coachcard

Easily pay family and friends using their mobile number - (as long as they have our mobile app or are registered for Paym)

Our mobile banking app is simple, secure and lets you manage your money wherever you are

No monthly fee

Choose 1 of 3 offers

Student Offers

1 - tastecard

Dine out and get 50% off food or 2 for 1 meals. Plus save on entertainment, including the cinema. Valid for 4 years. Smartphone required.

2 - Amazon Prime Student

Stream movies, box sets and music, plus get unlimited One-Day Delivery on millions of items with a 1 year Prime Student membership and £10 Amazon.co.uk Gift Card. For this reward you need to be +18, see www.amazon.co.uk/gc-legal. Prime Student is a service provided by Amazon.co.uk. Amazon.co.uk is not a sponsor of this promotion.

3 - National Express Coachcard

Travel for less with 1/3 off National Express and Scottish CityLink coach fares, ideal for visiting friends and family. Plus 15% off travel to events and festivals. Valid for 4 years.

Other features...

How do overdrafts work?

An arranged overdraft can be useful for short term borrowing. Understand arranged and unarranged overdrafts and their impact on your account. An overdraft is a form of borrowing and is repayable on demand.

How much will an overdraft cost?

Understand the cost and impact of overdrafts and whether you're eligible to apply for one. If you don't repay what is owed, you could harm your credit score and borrowing capability.

Frequently asked questions

Do I need to apply for an overdraft on my student bank account?

Yes, you’ll need to apply for a student overdraft. You must be +18 years old and have lived in the UK for over 3 years. The overdraft amount is £500 in the first term of the first year of study, then up to £2,000 after that pending approval

How quickly will I receive my overdraft?

The overdraft funds will be available the next working day if you apply Monday – Thursday before 5.30pm. Anytime outside this will be up to 2 wording days.

Do I keep my student account after I graduate?

We’ll automatically switch your Student account to a Graduate account after your course is complete. Don’t worry, we’ll contact you 60 days prior to doing this so there are no unexpected surprises

A few more questions

Are you an International Student?

Take a look at our International Student account

How to apply online

RBS - Step 1

Apply online

Start your application below. Remember to register for Digital Banking and opt in for paperless statements to receive your offer
RBS - Step 2

UCAS Student Code

You'll need to show us you're a student by submitting your UCAS code. You can do this in your application and your account will be opened faster
RBS - Step 3

Proof of ID

If you're a new customer, you'll need to provide your passport or driving license and a utility bill or bank statement
RBS - Step 4

Finish & pick your offer

We'll contact you on the email or UK phone number you provided in the application form so you can choose your offer

Apply now

If you've ever banked with RBS or had a loan, mortgage, savings account or credit card in the past you'll need to apply as an existing customer.

Are you a...

Submit your ID and proof of student status online

ID - Please apply using your permanent UK address if it's different to your term time address. 

Student Status - The simplest way to prove your student status is to enter your UCAS Status Code into the application form - this is a 16 digit code emailed to you by UCAS. If you have misplaced this email please contact UCAS who will reissue within 24 hours.

 

And now for the important legal stuff...

To open this account you must be living in the UK and:

  • Completing a full-time undergraduate course that lasts at least 2 years or completing a full-time postgraduate course or
  • Training as a nurse at a UK university or college of higher education
  • Registered for Digital Banking and paperless statements

Important Information

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.

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! Let's get started…

What would you like to do today?

As we already know you, this shouldn't take long at all.

We’ll need your 16 digit UCAS Status Code; this will have been emailed to you by UCAS, and your sort code and account number.

And now for the important legal stuff...

To open this account you must be living in the UK and:

  • Completing a full-time undergraduate course that lasts at least 2 years or completing a full time post graduate course or
  • Training as a nurse at a UK university or college of higher education
  • Registered for Digital Banking and paperless statements

Important Information

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.

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! Let's get started…

As we already know you, we can help you complete the application form

If you use Digital Banking we can help speed up your online application by pre-filling your personal information. If not, don’t worry, we’ll just need to re-confirm a few details with you.

We’ll also need your 16 digit UCAS Status Code; this will have been emailed to you by UCAS.

And now for the important legal stuff...

To open this account you must be living in the UK and:

  • Completing a full-time undergraduate course that lasts at least 2 years or completing a full time post graduate course or
  • Training as a nurse at a UK university or college of higher education
  • Registered for Digital Banking and paperless statements

Important Information

If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Digital Banking - not posted. Please take some time to review, print and/or save the important information.

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?

One last question…

Do you have Digital Banking?

Great! Let's get started…

Great! Let's get started…