Student account - Day-to-day banking
- Interest-free overdrafts - up to £2,000 available depending on what year of your course you are in.
| Year | Amount |
|---|---|
| 1 | £1,250 |
| 2 | £1,400 |
| 3 | £1,600 |
| 4 | £1,800 |
| 5 | £2,000 |
You must repay the overdraft within one year of completing your course.You must repay your overdraft if we demand. We may ask a parent or guardian to provide a guarantee as security. We can provide an interest-free overdraft if you ask when you apply for an account. The overdraft is an authorised overdraft limit available to everyone with 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 ’A 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.
- Student officers – we have specially trained student officers in all of our branches.
- Student credit card - with an automatic limit of £350 if we accept your application.
- Online and Telephone Banking available any time of the day or night. (see note 1 below)
- Cards available - click for details
- Manage your money wisely - use our budget calculator to keep track of how much you have to spend.
- Travel insurance - we also arrange travel insurance if you're going abroad. Call 0800 051 1399 for a quick quote, Monday to Friday 8am to 8pm and Saturday 9am to 4pm. Conditions apply. Travel insurance is only available if you live in the United Kingdom, including Northern Ireland, Isle of Man and the Channel Islands. Some exclusions may apply. You will find full details of benefits and exclusions in the policy booklet. (See note 2 below)
1 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.
2 Insurance
The insurance policy is underwritten by UK Insurance Limited (registered number 1179980, registered office: The Wharf, Neville Street, Leeds, LS1 4AZ). Authorised and regulated by the Financial Services Authority and entered in the FSA register (number 202810). Ulster Bank is authorised and regulated by the Financial Services Authority and entered in the FSA register (number 122315). Ulster Bank Limited and UK Insurance Limited are both members of The Royal Bank of Scotland Group.
