Student account - Overview
Student life is all about fresh experiences, jumping in feet first and living life to the full. Throughout your new academic life it’s good to know that your finances are in very safe hands.
So think about an Ulster Bank student account. We will be right there beside you ready to help guide you on all those critical financial decisions. Enjoy the next few years knowing that you are with a bank that has built a student package around students and their lifestyles.
- Interest-free overdraft of up to £2,000 (0% EAR) (see note 1).
- Banking with no transaction fees (see note 2).
- Student credit card
- Cards available - click for details
- Commission-free travel money (See note 3).
- Internet and telephone banking (See note 4).
- Free mobile phone banking and text services available (See note 5).
- Banking on the move with our banking app for iPhone (See note 6).
Important information
Student package
Terms and conditions apply. Our student package is available if you are a full-time (your course lasts at least two years and no more than five years) third-level student living in the UK for tax purposes. You must be 18 or over. You must use your Ulster Bank Student Account as your main account and pay in regular amounts such as parental contribution, salary, student loan, or other funding such as sponsorship or bursary. Only one current account per student. Whether you can have an overdraft or credit card will depend on your circumstances and our conditions. We may also carry out credit scoring.
Overdrafts
(Note 1)
You must repay the overdraft within one year of completing your course. You must repay your overdraft if we demand. We may need security. We can provide an interest-free overdraft if you ask when you apply for an account. The overdraft is an authorised overdraft limit (Effective Annual Rate 0%) available to everyone who has a student account. You may not go over the overdraft limit without getting our permission first. If you go over your overdraft limit, we will charge interest at the rate shown in our ’Guide to Personal Account Fees and Interest’ brochure. An unpaid item fee and other charges may apply. You could have an overdraft of £3,000 if you are studying medicine, dentistry and pharmacy, depending on your circumstances, our conditions and a satisfactory credit check.
(Note 2)
Charges for other services still apply. We also provide information on our charges and interest rates in our brochure ‘Guide to Personal Account Fees and Interest’ which is also available in our branches.
(Note 3) Commission-free travel money
This applies to transactions in a branch only. It does not include withdrawing money from a cash machine. The offer does not apply to transactions on foreign-currency accounts, bank drafts, credit cards or foreign-exchange transactions carried out using any other Ulster Bank products or services. Any foreign-exchange transaction you carry out will be governed by our terms and conditions.
(Note 4) Internet and Telephone Banking
Available if you have an Ulster Bank student account. Internet and Telephone Banking are governed by our terms and conditions. You can ask for a copy of these at any Ulster Bank branch.
(Note 5) Mobile Phone Banking and Text Services
You may have to pay certain charges on Orange and Virgin mobiles.
(Note 6) Banking app for iPhone
Terms and conditions apply. Standard charges for downloading data may apply. Contact your operator for details. iPhone is a trademark of Apple Inc.
