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.

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

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

Moving your banking to NatWest

It’s easy to move 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.

Find out more about the Current Account Switch Service

NatWest banking features

Helpful everyday banking comes as standard

Feel Rewarded everyday

Now earn 1% in Rewards on all transactions made using Contactless Technology. Plus get at least 1% on qualifying purchases at participating retailers.  Just activate  your account and use your NatWest Visa Debit card to start earning Cashback Plus Rewards. Available on personal current accounts held in mainland UK, except for Basic, Step and Cash and current account mortgages. Over 18's only. 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).

More about Emergency Cash


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