You can also set up alerts by calling us or talking to us. To qualify for the NatWest Account you must be: Aged 17 or over; A UK resident;. App available to personal and business customers. The monthly average jumped from £465. 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. All accounts below automatically turn into a graduate account once your course ends, which continues the 0% interest overdraft for a further two or three years – though the interest-free limit drops each year. this is in regards to natwest bank not sure about other banks. Overdraft: Both NatWest and RBS allow for an interest free overdraft up to £2000,. £23 - between banks. N/A. All accounts below automatically turn into a graduate account once your course ends, which continues the 0% interest overdraft for a further two or three years – though the interest-free limit drops each year. Overdraft Facilities One of the most important features offered by almost all banks is the zero interest overdraft facility. You can apply for up to £3,250 interest free from year three onwards*. 9% p. boss. We cover. Your arranged overdraft is interest-free with a FlexStudent or FlexGraduate account. The benefits of a Lloyds Student Current Account include online banking, so you can manage your finances from anywhere and at any time, and link your bank cards with Apple Pay and Google Pay (from age. At a time of economic uncertainty, you’ll want to begin your studies with your eyes wide open. This is available in the first year of study and is intended to help students manage. You’ll get an: easy-to-manage account, manage my account. Open a student bank account. 2 January 2013 at 7:57PM in Budgeting & bank accounts. When do I have to pay back the overdraft? Once you have completed your studies, the bank may transfer the account onto a graduate account. Capital One Graduate Programme 2024; Oxford College hurt/heal; Border Force Applications 2023;NatWest Student account and overdrafts. (variable) up to 18. Bank whenever and wherever you want, and use our tools to help you stay on top of your finances. N/A. You can ask us for an arranged overdraft when you apply or any time afterwards. Only one 1I2I3 Graduate Current Account can be open at. Lloyds and Halifax are offering. Often banks charge hefty fees and interest for the privilege, but student account overdrafts are interest-free. 13. Best High Yield Savings Accounts. You need to also pay in £1,250 to an eligible NatWest account every month. Personal accounts. HSBC: up to £3,000 0% overdraft + £100 free cash. Mobile app required and available with compatible iOS and Android. 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. Upto October I had been putting what I could in to cover the charges I was getting because they "upgraded" me to a graduate account and interest was now bein. You should receive about 1200. You’ll start with £500 in the first year and straight up to £2,000 in your second year of university, if you study for year three an onwards, you can even apply for an interest free overdraft of £3,250. Cash ISAs. Overdrafts are great for students, as part-time work can come and go as academic work picks up, and there may be. Any other products you have with your. Student current accounts are made for you if you’re going to university or college. The graduate account currently offers a £2k interest free overdraft for 1 year dropping to £1k for a further year. The idea of a savings account is that it’s a pot of money you leave alone, gradually building up over time. If you have a Natwest student account, it'll be automatically changed to a graduate account once you've graduated. For example, Natwest have said that i need to deposit £750 every 3 months. 2. Save money in a tax efficient way. Tax free Interest means interest payable is exempt from UK income tax. See how much it costs to use an overdraft across our range of accounts. Select your account type, let us know how much of the overdraft. Yes (NatWest) Student and Graduate accounts ;. Compare our current accounts. Student overdrafts do not incur any fees or interest for using the Arranged Overdraft. Take control with the Barclays app. Industry: Financial services: Founded:. That £2,000 facility will then reduce to £1,000 for a further 12 months. 16 July 2008 at 5:30PM. I had my student loan paid into it for 1 year while i was at uni until i left at that time (2004). Then you'll pay interest, and get into more debt. Your rate depends on your personal circumstances, loan amount and term and may differ from this Representative APR. Cheetah Forumite Posts: 157 Forumite Posts: 157Barclays, Co-op and TSB offer student bank accounts, but they are among the few not offering any perks on top of the interest-free overdraft of up to £2,000. Student or Adapt account. We are taking steps to support our customers to pay more towards their credit card balance and manage their finances better. That £1,000 facility will then either be removed, or revert to bearing interest. I apologise if this is in the wrong place: please let me know and I will move it. Graduate accounts may continue to offer a low or interest-free overdraft facility which decreases over time, giving you the opportunity to. e took out of your overdraft). The arranged overdraft limit can be up to £510 for the first 6 months, than you can apply to increase it up to £1010 in your 7th to 9th month of studying, and from the 10th month you can apply to. Your rate depends on your personal circumstances, loan amount and term and may differ from this Representative APR. This offer applies to applications received in branch or online from 1st August to 22nd September 2023. You can apply for up to £1,000 interest-free arranged overdraft in your first year, up to £2,000 in your second year and up to £3,000 in your third year and onwards. stargazeypie Posts: 20 Forumite. RBS offer an interest-free overdraft of up to £2,000 (£500 in your first term). I have a student account with NatWest which was advertised as coming with an interest free overdraft. NatWest Student. 49%. They consider everyone who has graduated to be in a position to pay off overdrafts and debts and offer little help for. 2. Sometimes, it helps to speak to an expert. 99%: Overseas cash withdrawals: 2. 65 a day. A. £100 cash for opening account: £100: NatWest: Year 1-3: £2,000: £80 cash and a four-year Tastecard:. 25 July 2009 at 2:38PM. This is needed for both you and the party you are adding to the account. Since I graduated last year I've had an overdraft of around -1300 and used it all up. ›Budgeting & bank accounts. If you absolutely can’t pay off your debts then bankruptcy might be for you. (variable) up to 18. 9% EAR (variable) thereafter, giving a representative rate of 0%. You’ll get an: easy-to-manage account, manage my account. A link will pop up, tap this, and you’ll be taken straight to download the app. Like all overdrafts, you’ll have to pay it back at some point, but we’ll keep you in the loop by letting you know if you ever go over your limit via overdraft alerts. When you graduate, your 1I2I3 Student or 1I2I3 Postgraduate Current Account will automatically transfer to a 1I2I3 Graduate Current Account. Up to 15% cashback at some of your favourite retailers. On average, students rated their bank 3. If your application is approved,. Graduate student and student overdraft. Hi all. You can then select My Overdraft. easy-to-manage account, manage my account. RBS’s 0% overdraft has a high ceiling of £3,250 by your third year and the chances of obtaining it (eventually) are quite high. For the security of customers, any unauthorised attempt to access customer. Get more financial flexibility. If you £250 into your overdraft and a student loan of say £1215 goes into the account then your account will be +£975(that is £1215 – 250). a full-time post-graduate course;. I had a 1400 overdraft with Natwest (old student account) and never went over this or had any. Up to £2,000 in your 3rd year and any further years of. Our app's Savings Goal Tool can help you work out how long, and how much, it'll take to reach a specific goal. We can arrange same day electronic transfer of funds (CHAPS) between bank accounts in the UK. I still have access to the £2,000 student overdraft (no fees), despite NatWest stating the account turns into a graduate account after leaving uni, with the overdraft dropping to £1,000 after a year, and presumably with associated fees. Banking from home. This charge also applies to providing details of paid cheques. Interest-free overdraft - get an overdraft of up to £2,000 from year one (Limited to £500 in term one, year one) with an. This means you’re using an overdraft. For example, the Lloyds student bank account offers an interest rate of 2% per annum for balances up to £5,000 and a sign-up incentive of £100. Select 'Card payment controls' from the options on the screen. Get a tastecard with NatWest bank accounts. Since then NatWest have been pushing me to get a student credit card and are adamant that I’d be accepted. a. 28 July 2009 at 2:39PM. Co-Op does not have a "graduate account", so if you graduate after 3 years, the student account is supposed to be extended for 12 months after graduation, then the overdraft is set at 0 unless otherwise prearranged. We cover this in more detail later. The Natwest Student Account offers a £500 interest-free overdraft in your first year, and then £2,000 for years two and three. Hi guys, I would like to know more about student bank account overdrafts, so I have come here for advise. Student Overdraft Facility - No Charge. Monzo, in order to attract the younger generation to completely switch accounts from your traditional Barclays, HSBC etc will have to offer free overdraft facilities for students up to £3,000. 89% interest on arranged overdrafts, as well as a £6/month flat fee on most accounts. You need to let them know as it will also affect your graduate overdraft when/if you graduate as you're interest free limit will always reduce a year earlier. Set up a standing order to save your money and consider turning on Round Ups to squirrel away the spare change (Eligibility criteria apply. Support centre. Tens of thousands of people who held a student current account with RBS or NatWest between 2002 and March 2016 are due to receive a refund of overdraft charges. The aim is to cut the interest cost – which for many totals £100s a year – making the overdraft easier to clear. A big difference between a savings account vs a current account is how often you access your money. They turned my interest free overdraft, into an interest free loan. OK. To earn £5 rewards, you earn £4 a month back in rewards for 2 or more Direct Debits (at least £2 each) and an additional £1 a month back in rewards with 1 mobile app log in. not have a student account, or a current account with an arranged overdraft, with another building society or a bank (though you may be able to switch either to Nationwide) have been accepted onto a full-time UCAS course of at least. otherwise you might find that a cashback offer is undone by a high account or overdraft. Log in to NatWest Online Banking. Check my credit score. Postgraduate Bank Accounts (UK Students) Bank Account Name Overdraft Perks; RBS / Natwest: Student Bank Account: £500 in the first term, up to £2,000 after that: A National Express Young Persons Coachcard - valid for 4 years – giving you 1/3 off coach prices with National Express: HSBC: Student Bank Account: £500-£1,000 in the first term. I have had a natwest student account during my 3 years at university, and now that I have graduated I have received a letter saying it has been upgraded to a graduate account. Now I'm in my 2nd year of Uni and after maxing out everything (1,000. Debt is never a good thing, but a student bank account overdraft is an excellent buffer to keep up your sleeve, in case of. Quoted from NatWest's website: If you hold a Student account and are graduating this year, we will be in touch to let you know we will be moving you onto a Graduate account in July/August. Students can apply for up to £3,250 interest-free from year three onwards. View all current accounts or compare our range of current accounts. Hi guys, so I used my NatWest student bank account's arranged 0% interest overdraft today, and used the max, so £2000. also, as a student, natwest is good because it offers the biggest interest-free overdraft (as standard, i think £1250) hope that helps, fff . Reply 12. you may apply for a basic Natwest student account. Mobile app required and available. Which they will then be put on a specific Graduate account plan once they graduate in order to pay the. NatWest/RBS student bank account - get up to a £. Apply Transfer a Santander account. Compare our accounts to find one that's right for you. The Nationwide student account offers £100 if you open an account after 1 August 2023 and pay in £500 by 15 December 2023. Free 12-month subscription to online library Perlego. You can request a maximum overdraft limit of up to £2,000. Providing copies of paid cheques. (by this i assumed close = change from student to current account) I've. Original post by tigermoth99. a. As a postgraduate student, you’ll be responsible for managing your own student finances. If you are an Online Banking customer and complete the form using your log in details, we complete many of the fields for you. Business account fraud UK: 0345 711 4477. Never had any problems with Natwest in that time. No Charge. If you have money guaranteed to come in, then they'll be more likely to give you an extended overdraft. It also means that anything you own may have to be sold to pay off debts – this can include your home, car or any luxury items. 49% APR (variable)To apply for FlexStudent. Your account number, sort code and debit card will stay the same. Overdraft amounts for the graduate account are £2,000 for the year after graduating, £1,500 after two years and £1,000 in your third year. If you've graduated recently, see if you can ditch and switch your account to save £100s in interest. The interest-free overdraft is a big draw, giving a consistent £1,500 limit through years 1-3 of university. Access to Save the Change. They call it an arranged overdraft – whereby a pre-fixed limit is set for the amount that can be overdrawn by the student. didgeridoo12uk. Current account fraud UK: 0345 788 8444. Your old account will be closed. Compare Cash ISA accounts. In January Natwest closed my account with no prior warning. Hi, I'm currently a university student, with a Natwest student account, which allows me a free overdraft of around £1600. Natwest offers arranged overdrafts to students who have lived in the UK for a minimum of 3 years. Only individuals who have a NatWest account and authorised access to Online Banking should proceed beyond this point. amend the limit on any arranged overdraft (and that overdrafts are only available to applicants aged 18 years or over). Which account offers the best interest-free overdraft? All the student accounts we looked at offer an interest-free overdraft, but the limits varied depending on the provider and the duration of the course. Customer Service. Often the. On this page Overview Change an overdraft limit Student overdrafts Common questions. Natwest are crap, you can keep your student overdraft 1600 max I think for 5 years, then the 'graduate' accounts have about 500 free overdraft and that's it. If your application is approved, you can get up to £500 in the first term and up to £2,000 if you're. Yes, you can go into your local branch with your offer letter and they will extend your student terms by a year. The most important feature of your graduate current account is the 0% overdraft it offers. HSBC Graduate Account. (variable) and higher than our balance transfer rate of 12. You can also claim free £100 in cash paid into your account, 0. You would have had a student account until around a year after graduation (so 2007/2008 depending on your course length) then it switches to a graduate account with the same interest free overdraft for three years. Manage your car insurance. - Graduate loan system provides between £1,000 and £10,000 at 9. Prior to the account switch you should receive an email or letter detailing: - the changes to your account. For example, you might get a £3,000 overdraft at 0% interest in year one, reducing to £2,000 in year two and £1,000 in year three. Hey all So far iv used £310 of my overdraft with natwest Im starting my first year of uni on mon You know the £310 overdraft when would i fully have to start paying it back, i understand i can deposit amounts into the account to decrease the overdraft but say if i was to leave it at £310 for 3 years (last year of uni, total 4 years). Most banks automatically switch you to a graduate account once you graduate. Explore our overdrafts. didnt have a student account and tried at natwest, lloyds tsb and halifax but got declined at all 3. Graduate accounts are available for two years. Choose to increase your overdraft limit at 6, 7, and 10 months. Nearly all student accounts are limited to £1,000 a year if that as they often require you to have been working and the £3,000 is at the end of 3 years. *Eligible students in third year onwards can apply for up to £. Business, Economics, and Finance. Use of your account For any 1I2I3 Graduate Current Account opened on or after 26 June 2017, the account will last up to 2 years before it automatically transfers to an appropriate current account. 0% on purchases for 3 months from account opening. Choose the amount you wish to send, add. Hundreds of thousands of students who graduated a year ago could soon find that they are paying interest rates of up to 19pc now they have entered the "real world". 8. Apply or manage your overdraft; Student overdraft; Graduate overdraft; Help with overdrafts . There was no need to apply for an overdraft, you simply apply for an account give details etc. Natwest and RBS. To apply you must be 18+, earn at least £10k per year, be a UK resident, a NatWest current account holder and must not already have NatWest Buy Now Pay Later. 49%. Overdrafts are repayable on demand. How to set up a repayment plan Our App is available to personal and business banking customers aged 11+ using compatible iOS and Android devices. They may also share this with other organisations. Support centre. . After you graduate they will reduce the arranged overdraft gradually, so you have to find the account before this happens else you will pay interest and maybe fees. After university I upgraded by Natwest Student account to their Graduate one, which entitled me to extend my interest free overdraft to £2000. To apply you must be 18+ and a UK resident. Save up to £653 with a free 12-month subscription to Perlego’s online library of books, academic texts and tools. Natwest Finance Graduate 2024; I’ve been scammed; Cifas removal. We would like to show you a description here but the site won’t allow us. You can select how you wish to receive Act Now Alerts and switch them on and off through Online Banking or the Natwest. Posted by u/AntDogFan - 1 vote and 5 comments6. When you open your account, you’ll automatically get an Arranged Overdraft limit of £250 once you have provided the proof that you are a student. You'll also get your hands on a contactless debit card. Credit score available to existing NatWest customers once opted in through the app if aged 18+ with a UK address, and available to non NatWest customers aged 18+ with a UK, Channel Island or Isle of Man address following a successful registration. * From 2nd October 2023, those who graduate in 2022 and 2023 can apply for up to £3,250. 39. Despite having graduated in '06, I still have a £1,000. then as part of their student account policy at the end of the first year you will have an overdraft of £1000. From time to time NatWest has a cashback offer for students which you might be able to take advantage of too. Although this account was brilliant when I was an undergraduate, since graduating it has been extremely unhelpful! I am studying for a pgce currently, but Natwest do not take this into account. Students can a apply for up to £3,250 interest free from year three onwards*. Top graduate accounts: HSBC – up to £3,000 overdraft in year 1. Overdraft available to NatWest student current account customers aged 18+. We would like to show you a description here but the site won’t allow us. 925dancer Forumite Posts: 537 Forumite. The first year is tiered: £500 in your first term to £2,000 in your second. An Unarranged Overdraft is when you spend more money than you have in your account and you haven’t previously arranged an overdraft limit with us, or have gone over your existing limit. So I got myself a Natwest account and was told that I should get a Student overdraft as it would benefit me (I also got the credit card). Natwest advertise as part of their student account a free student rail card for 5 years. 75% fee for withdrawals abroad: Perks: £100 cash: £100 cash and a 4-year TastecardIf you decide to apply for an overdraft, that's when we run a full credit check. if you ever went into minus numbers (i. A fee-free arranged overdraft cap of up to £1,500 in years 1-3, £1,800 in year 4, and £2,000 in year 5. With the NatWest Student account you could get an interest-free overdraft of up to £2,000 in your first year, potentially rising to £3,250 in your third year. The new NatWest and RBS student account will provide students with discounted coach travel for 4 years. With our Graduate Account, the amount of your Arranged Overdraft that is interest free, decreases each year after you have graduated. i have had no notice of this and when i have been going into branch and using my account no one has mentioned a thing about the graduate. Our free Business Builder online course is packed with practical resources. Unfortunately, for all other. The forms can be located via our general complaint form. Please Help. NatWest Graduate Account Interest-free overdraft. RBS Student Bank Account. I graduated in 2006 after completing a 3 year degree in the normal fashion In June 2007 i recieved a letter saying that on the 31st July 2007 my 'free' overdraft limit would be reduced to £1000. According Natwest's site the student account is turned into a graduate account when you graduate. Get paid an interest rate of 0. Start university with a £500 interest-free overdraft. You’ll need to have a student current account as well, and be over 18. 68/£13,000. I am very confused as my. The Graduate account can have an Overdraft of £2000 but only if you ask for it to be increased. Typically, current account providers start charging interest on student overdrafts two years after you graduate. As you changed your work status to ‘graduate’, that means you could be eligible for an overdraft between £250 to £2,000. I had to do a credit check for my overdraft but it was for Halifax. You’ll need to have a student current account as well, and be over 18. If the person you are adding to your account is already a NatWest customer: You will only need to send in one form of photo identification with a selfie of the front and side profile. 50 in 2018 to £486 the following year. You may also apply if you are enrolled in a full-time postgraduate or nursing programme lasting at least a year. After you graduate, your student account will be automatically changed to a NatWest graduate account. grad account year 1: 2000. 89% and a usage. On your mobile or tablet, go to the App Store if using Apple or Google Play if using Android. All Banking. call 08457 888 444, select loans and overdrafts then student overdrafts, ask them to increase. Only individuals who have a NatWest account and authorised access to Online Banking should proceed beyond this point. Benefits of the NatWest Student Account. Students also have the option to request an interest-free overdraft of up to £500 in their first term which can be increased to £2,000 in. Overdrafts guide; Overdraft eligibility calculator; Overdraft cost calculator;. NatWest new student account closure with no explanation. MMC for Current Account with Control is £20, Student Current Account £40 and Cardcash Account £30. Once your interest free overdraft runs out with Halifax, you should go check out Natwest or Lloyds TSB's graduate accounts if you find yourself still needing an overdraft. Nationwide and Barclays have biggest overdrafts with up to £3,000 interest-free. Here’s an overview of things to look out for: 0% overdraft fees – If you’re anything. Also remember that overdrafts are technically repayable upon demand - the bank can give you 30 days notice and then you are legally required to repay them the outstanding balance. Students can a apply for up to £3,250 interest free from year three onwards*. After you graduate they will reduce the arranged overdraft gradually, so you have to find the account before this happens else you will pay interest and maybe fees. Hi, I'm currently a university student, with a Natwest student account, which allows me a free overdraft of around £1600. Make sure you have selected the account you wish to make the payment from. So if your overdraft's up to £350, it pays some off and the rest is interest free. You’ll have to pass a credit check to be approved for. Open a Reward bank. You just go into your local branch and say you want an overdraft. ##. If you have savings, this could be easiest way to pay off your overdraft debt. Some banks offer preferential terms up to 3 years for their graduate account holders. Card payment support. Information correct as at 31 October 2023. 02. You’ll also earn interest at an agreed rate. If you already have an arranged overdraft limit on your account that you feel is too low or too high, we could help you change it. They may want to know about any other debt you have. Yeah they reduce the interest free overdraft over three years once you've graduated. So that's a pretty good point. For the security of customers, any unauthorised attempt to access. If you were looking to apply or make changes to an existing overdraft, please instead visit our eligibility tool . Once the overdraft's paid off, you can then work to build your savings back up. Your overdraft limit will stay the same for another year. Lloyds Bank joins the others in offering a cash bonus of £100, as long as you deposit at least £500 by 31 October 2023. Always make sure you have enough money in your current account, or a. You can only hold one cash ISA with NatWest and must not open another cash ISA with any other provider in the same tax year. The three student accounts I had (Natwest, HSBC and Barclays) all auto converted to a grad account when my graduation date passed, as I had to inform them of it when I opened the account. 2 for 1 or 50% off food at participating restaurants plus. The account offers an interest free overdraft of up to £2000 after the first term and access to the market. Nationwide Flex Student. 49% EAR on £2,250 of the £3,250 limit. Specific account eligibility criteria applies. Overdraft in 2023. £21 - between our branches. Graduate Bank Account (opened up to 31 May 2007 and from 19 July 2008) Yr 1 – £1500 Yr 2 – £1000 Typical 19. Easily use our mobile banking app. Royal Bank of Scotland (RBS) and NatWest customers will pay up to 39. But the figure declined to £437. There may also be limits depending on what year of study you’re in. Plus if you have our Student account you could get deals. You must either be a full time undergraduate student on at least a 2 year course at a UK University/College or you must be completing a full time postgraduate or nursing course lasting a year. Usually, the main benefit is an interest-free overdraft. To hold this account, you need to pay £1,250 into an eligible NatWest account every month. If the NatWest overdraft is the same as 10 years ago, you can keep this account overdrawn while you are a student with no fees. 49% on overdraft interest, with changes taking effect by the beginning of April 2020. The TSB student account offers an overdraft facility, and there’s no interest to pay if you keep below the limit you’ve agreed with the bank. Subject to status and a full credit assessment. These accounts include certain benefits tailored to students. You’ll need to have a student current account as well, and be over 18. Switch to First Direct. Angelharpist. You’ll be able to get a Financial Health Check, apply for a loan and more. See all fraud & security options;The way banks try to encourage this is to reduce the maximum 0% overdraft each year – the idea being that by the time the 0% ends, you’ll have paid it off. Graduate bank accounts still come with a 0% overdraft. A free 4. CryptoThe FCA said with the increase in interest rate from 19. With the NatWest graduate account, you’ll retain access to an interest-free arranged overdraft for up to two years. Plus, the bank is well-established, has an easy-to-use app and hundreds of. This charge also applies to providing details of paid cheques. 10%. You also can't convert a joint current account'. a. This term my student loan has arrived, however i was just wondering when does the bank take out the overdraft that you oweHi, I would like your expertise in what I could do to stop NatWest/trident credit services taking me to court and getting a ccj against me. Lending is subject to application and approval. I have a natwest student (or could be graduate by now) account as my main current account. Available to over 18s only. Our Student bank account comes with: £100 cash and a four-year tastecard. By mobile - your step-by-step guide: Open the NatWest banking app and select the ‘Payments’ icon at the bottom of the screen. Wel I'm a current (well finished really) undergrad. Eligibility criteria apply. Replacing lost or damaged cards. Student, Graduate or Select account. Basically, you’ll need to pay back at least £1,000 a. Some banks may let you have up to £3,000 on your student overdraft, while others may set a lower limit. Whether you want to manage your money better, develop a future skill, or live more sustainably, there’s. NatWest / RBS: up to £3,250 0% overdraft. 48 votes, 85 comments. Smarter banking for your life after uni. 9% – but you don't have to make repayments for the. Over the next five years through NatWest Thrive, we want to help 1 million young people improve their financial wellbeing so they can feel more confident about their future. The first is through NatWest Rooster Money which is our pocket money app for kids. Then hit the ‘Gambling’ toggle to turn it off. Apply today and you could get a £500 interest free student overdraft for term one year one, with the option to increase up to £2,000 from term two year one. So did that last week and literally in the last hour or so my account has changed online to a. Mortgage. Original post by tigermoth99. Manage your money, protect your goods. Your overdraft will be reviewed, probably, when you leave University. £2,000 £1,000 and £500 if you go over that they just charge you the usual overdraft rates. NatWest. There’s no monthly fee for using our NatWest student account.