Graduate Account - Online Bank Account | NatWest

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Graduate Account

The account for life after University

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Add your signposting title here… 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.

Our Graduate account includes:

  • An interest free overdraft of up to £2,000 for your first year (if you're eligible) that reduces each year after 
  • A Visa debit card
  • An award winning mobile banking app (FS tech winner 2012)
  • Online Banking

Plus much more to help you with your next steps after finishing University

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.

If you go overdrawn without having an arranged overdraft (or if you go over your agreed limit), then fees and interest may apply. Find out more about overdraft costs

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

Find out more about rates & charges
Already have a NatWest Graduate Account? Change or apply for a Graduate Arranged Overdraft

Already have a Graduate Account with us?

You can apply for, or change, an Arranged Overdraft by using our online application form.

Apply for, or change, your Graduate Account Arranged Overdraft

Tastecard logo

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

Current account switch guarantee

Moving your banking to NatWest It’s easy to switch to NatWest

Moving your banking to us is simple and hassle free. We'll do all the hard work for you and:

  • Transfer your payments (Direct Debits, Standing Orders and Bill Payments) from your old account
  • Transfer any credit balance from your old account
  • Close your old account

All within 7 working days.

Learn more about the Current Account Switch Service
NatWest banking features Helpful everyday banking comes as standard
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).

More about Emergency Cash

Bank on demand

We know life keeps you pretty busy. Access your account anytime with 24-hour UK call centres, Online Banking and our Mobile Banking app.

Ways to bank with us 

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

The right account for you?

If you don't feel this account is right for you, use our account comparison table to see the features, benefits and costs of our other current accounts.

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