Our Student Account and the Arranged Overdraft are easy to understand so you don't have to worry.
You can apply for an Arranged Overdraft of up to £1,000 by the end of your 1st year, if eligible. You can then apply for an increase each year you're at university. If you are studying for a 5 year degree, you can apply for up to £2,000, in your 5th year.
Before you apply for our Student Account, learn what an Arranged Overdraft is, understand how much you can apply for and make sure you're clear on how our Student Account Arranged Overdraft works.
You must use your NatWest Student Account as your main current account by paying in at least £750 every 6 months and make at least 3 debit transactions every month.
If you stop using your account as your main current account then the interest rate you pay on your Arranged Overdraft reverts to the standard rate which applies to the Select Account. Arranged Overdrafts are repayable on demand. Over 18s only.