Student Overdraft

A little breathing space if you're living on a tight budget

Student life isn't exactly easy, so this could help

Interest-free overdraft up to £2,000 (£500 in first term)
Get an instant decision if you bank online with us
Could be ideal for short-term borrowing

Overdraft details

Features and Benefits

No interest or fees to pay

When you apply, we’ll give you up to £500, interest-free in your first term (subject to approval). After that, you can apply to increase it, possibly up to £2,000 (subject to approval).

No set-up fees

We won’t charge you to set up your Student Overdraft.

Get an instant decision

If you already bank online with us, apply through Online Banking. We'll pre-fill your application and let you know straightaway if you’ve been pre-approved.

How our Student Overdraft could help

If student life leaves your account almost running on empty, our Student Overdraft could help

How our Arranged Overdraft can help – in detail

The general cost of student life soon adds up: rent, food, transport, groceries. (Have you seen the price of washing powder?) Whatever the reason, our Student Overdraft is a convenient type of short-term borrowing. It could give you a bit of breathing space until you’ve got more money coming into your account.  

What you should know

 

Our Student Overdraft is a form of debt and is repayable on demand. Always make sure you have enough money in your current account, or a suitable Student Overdraft limit in place before any payments are due to come out of your account.

Have your statements at your fingertips

We'll send you an email when your statements are ready to view in Online Banking. You can check it whenever you want.

Check your account balance at any time

Use Online Banking to check your balance whenever you want.

Ready to apply?

Great, thanks for choosing our Student Overdraft. Let's get started. Are you a ...

Our Student Overdraft is only for customers who have our UK Student bank account. Want to take a look?

Do you have a UK Student bank account with us?

Do you have online banking?

Great! As we already know a bit about you, applying should be straightforward. Now for the important legal stuff.

To apply online, you must meet these requirements

  • You're aged 18+
  • You've been living in the UK for at least 3 years
  • You've not been declared bankrupt over the past 6 years

Important Information

Please take some time to review, print and/or save the important information. By clicking that you're ready to continue, you are confirming that you have been provided with, and acknowledge our important documents

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! Looks like you're all set and ready to go.

To apply for a Student Overdraft online you need to be registered for Online Banking

Our Student Overdraft is only for customers who have our UK Student bank account. Want to take a look?