Graduate Account

The account for life after University

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NatWest Graduate Account

All you need for everyday banking after University

Graduate Accounts are available to permanent UK residents only, who have held a Student account with us or who have graduated from a full-time course of higher education (lasting two years or more) within the last 3 years, this includes completed training as a nurse.


Interest free overdraft

Extra breathing space to help you make your next step

Our Graduate Account comes with an arranged interest-free overdraft to help you reduce any existing overdraft debt from your time at University. 

An arranged overdraft is a limit agreed between you and the bank that allows you to spend up to your agreed limit even if there’s no money in your account. And, as this is a graduate account it's interest-free if you stay within the arranged overdraft limit. 

  • In your 1st year with our NatWest Graduate Account, you won't have to pay interest on arranged balances up to £2,000
  • In your 2nd year the amount of overdraft you can use interest free will reduce so you will start paying interest on any amount borrowed over the 'interest free amount'.  The amount you get interest free depends on when you graduated.

When did you graduate?


Icon expand Before 1st Jan 2013


Year Overall overdraft limit Interest-free amount
1 Up to £2,000 £2,000
2 Up to £2,000 £1,000
3 Up to £2,000 £500



Icon expand After 1st Jan 2013

If you graduated on or after 1 January 2013, the following thresholds will apply:

Year Overall overdraft limit Interest-free amount
1 Up to £2,000 £2,000
2 Up to £2,000 £1,000

Important information

An overdraft is a form of debt. Try to use it only if you really need to.
Our NatWest Graduate Account overdraft is repayable on demand.
Over 18s only.

If you agreed an overdraft limit with us as a student, this will carry over to your Graduate account.

The exact way your arranged interest-free overdraft works will depend on when you graduated.

Find out more about rates & charges

tastecard Membership

Free tastecard membership

Enjoy 2 for 1 meals or 50% off your food bill at thousands of restaurants across the UK with our free membership to 'tastecard'. Side dishes & extras not included.

All you need to do is register your NatWest Graduate Account for Online Banking and paperless statements in order to receive the tastecard membership once your account is opened.

Terms of use

tastecard Membership

Terms of use

  • 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 the customer to book prior to arriving at restaurants

Switching banks

It’s easy to switch to NatWest

Switching your banking to us is simple and hassle free.

We’re part of the Current Account Switch Guarantee scheme, and have an expert team who will move your banking to us in just 7 working days.

More about our switching service

NatWest current accounts

Making everyday banking easy

It’s easy to apply and switch

You can apply online, in-branch or by phone and our expert team will sort everything for you.

Find out more about switching

Bank your way

Online, on your mobile phone, at your local branch or call our 24-hour UK call centres.

Find out more about ways to bank

Feel rewarded with Cashback Plus

Just activate your account and use your NatWest Visa Debit card on qualifying purchases at participating retailers and you'll earn Rewards.  Available on our personal current accounts held in mainland UK, except for Basic, Step and Cash accounts and current account mortgage products. Over 18's only.

Find out more about Cashback Plus

Get Emergency Cash

If your debit card is lost or stolen, our Emergency Cash service makes sure you can access your money from our ATMs (Limits apply).

Find out more about Emergency Cash


NatWest Mobile app

Manage your money on the move

The NatWest Mobile app lets you keep on top of your money. Check your balance, move money and pay friends whenever and wherever you want.

Pay Your Contacts - Not enough cash on you to pay your mate back? No problem - with our Mobile app you can pay anyone with a valid UK Visa debit, credit or prepaid card using just their UK mobile number.

Find out more about Pay Your Contacts
Get Cash - Get Cash enables you to withdraw money without using your bank card. Use our app to quickly choose the amount of cash you want to withdraw, and we provide you with a secure cash code that can be used at any NatWest, RBS or Tesco cash machines to make the withdrawal.

To use this service:

  • Get Cash limits will apply for this service, including a maximum withdrawal limit of £250 per day.
  • The amount requested must be within the daily withdrawal limit for your debit card
  • There is a maximum limit of 2 Get Cash withdrawals per day.
  • You must have at least £25 available funds to withdraw from your account (including any overdraft facility).

The NatWest Mobile app is available to NatWest personal customers with a debit card, Online Banking and a UK mobile number. Available on Android, iPhone, BlackBerry & Windows.

Find out more about our Mobile app

Current accounts

Not the right account for you?

You can use our account comparison table to see the features, benefits and costs of our current accounts.

Or use our current account finder tool to find an account that fits your needs.

Fees and charges

Rates and important information

Information about overdrafts, interest, charges and other services.

Helpful banking

Protecting your money

With our account monitoring and online fraud protection promise, it's no wonder our customers voted us the UKs most trusted mainstream bank for 2013.

Your eligible deposits with NatWest are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the £85,000 limit are not covered.

Further information is available here or visit

Graduate account

Ready to apply?

Apply a Graduate Account
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