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Personal Finances
Student Overdrafts
 
The last thing you need is your bank manager giving you a lecture. Our Student Overdrafts can keep you on course.
 
Amount available Purpose Interest Loanguard
Depends on year of study Short term living expenses Special terms Not available


Benefits
  • Student Overdrafts are simple to arrange. First of all you'll need to open a Student Royalties account.
  • Borrow different amounts depending on what year you're in. The limits are £1000 in your first year, £1300 in your second year, £1600 in your third year, £1800 in your fourth year and £2000 in your fifth year or for post graduate. Higher amounts may be available, but you'll be charged interest on any amount above the interest free overdraft for your year of study that you use.
  • Provided you are able to stay within your agreed yearly overdraft limit, Student Overdrafts are interest free.
For further details about a Student Overdraft, why not contact a Customer Adviser in one of our branches or phone us on FREEPHONE 0808 1000 148.

 

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