A student bank account is a current account designed for those heading off to further education. Find out about additional benefits and apply for a student bank account.
- To apply, you must be 17+ and have been living in the UK for at least 3 years. Online applications only.
- You need to be a full time undergraduate student (on at least a 2-year course at a UK University/College) or you need to be completing a full time postgraduate or nursing course lasting a year or more. You can apply within 6 months of your course start date.
- You must use your Student account as your main account by depositing your wages or other regular income into it.
- If you have received a student offer from NatWest at any time from 1st July 2020 you will not be eligible. NatWest have the right to withdraw this offer at any time.
Why open a Student bank account?
Whether you’re already enjoying university life or planning ahead and thinking about your first year on campus, you could apply to open a Student account with NatWest today.
What else could you get?
Offer - free tastecard for 4 years (worth £29.99 per year)*.
Interest-free overdraft - get an overdraft of up to £2,000 from year one (Limited to £500 in term one, year one) with an instant online decision. Students can apply for up to £3,250 interest free from year three onwards.
No monthly Student current account fees.
What is a Student bank account?
A Student bank account is a type of current account that’s specifically designed for students. They typically work in the same way as a standard current account, but with added features, such as interest-free overdrafts and a range of discounts and offers. Your student account will automatically switch to a graduate account when you finish studying.
Student bank account offers
What is a tastecard?
Tastecard is a discount card which offers you 2 for 1 on meals, 50% off food or 25% off food and drinks at thousands of restaurants or pizza takeaways UK wide.
We also have exclusive offers just for students.
- Cinema ticket discounts
- Discounted days out at the UK's best attractions
- Exclusive membership perks
We’ll send your tastecard redemption code to your email address.
Offer T&Cs apply. This offer can be withdrawn at any time. Valid for 4 years. Smartphone required.
More ways to pay
Shop online or pay in-store with a new student debit card.
Shop, tap and go
Tap-and-bleep your debit card to check out up to £100 in shops, restaurants, and more.
Apple or Google Pay
Banking for any device
Paying for items on your iPhone or Android is simple. You can use it to pay for things online or in-store with a tap. Criteria and retailer limits apply.
Bills, bills, bills
Got a regular bill that needs paid via Direct Debit? You can set that up on a NatWest Student account. Or if you need to split your household bills, check out our Housemate app.
Make use of a student overdraft
Our Student bank account comes with an interest-free overdraft. A quarter of students budget and monitor their spending. But around one in three are still short of money by the end of the month, says our annual Student living index.
That's when your overdraft may come in handy as a short-term option. And because it’s interest-free, you won’t pay any interest on what you’ve spent.
Interest-free overdraft - get an overdraft of up to £2,000 from year one (Limited to £500 in term one, year one) with an instant online decision. Students can apply for up to £3,250 interest-free from year three onwards.
To apply for an overdraft, you need to be:aged 18+. You can add an overdraft to your account once your course has started.
Manage your Student account with our app
See how much you have in your Student current account and transfer money between accounts from your smartphone. Students save on average £109 per month, according to our Student Living Index 2023. Easily move money into your savings account with our app.
App available to customers aged 11+ with compatible iOS and Android devices and a UK or international mobile number in specific countries.
Be bill savvy with Housemate
Want to take the hassle out of house sharing? With Housemate by NatWest, you can split household bills and pay each other back. You could also build your history with our partner Experian when you register your rent payments with the app. It’s free and you don’t have to bank with NatWest to use it.
Housemate is a free app open to users aged 17+ across the UK (excluding the Channel Islands and Northern Ireland). Users must have a UK bank account and an iOS or Android compatible device. Open Banking is available for selected UK banks and account types only. You need to be registered for your own bank’s online banking. The rent recognition feature is only open to those residing in England or Wales.
Switch to NatWest
The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account to your new account all within 7 working days, including Direct Debits and standing orders. All you need to do is tell us the details of your old bank account and when you want the Switch to start.
We can not switch savings accounts or ISAs through this service. Any other products you have with your old bank will not be moved at the same time.
Get ready to apply
Before you apply, we need to check you're happy with a few things. And ask you a few questions up front. Then we can make your application as quick and simple as it can be.
First things first. You can apply if you are:
aged 17 or over and have been living in the UK for at least 3 years
completing a full-time undergraduate course that lasts at least 2 years or completing a full-time postgraduate course, or
training as a nurse at a UK university or college of higher education
completing a course that has already started, or is starting within the next 6 months.
Now please take a look at the important legal stuff
If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. And happy to view your statements in Online Banking - not posted. Please take some time to review, print and/or save the important information.