Student arranged overdraft

Interest-free overdraft of up to £1,000

Student arranged overdrafts are available to Ulster Bank Student current account customers, aged 18 or over, who've lived in the UK 3+ years. Subject to lending criteria.

What you'll get with an overdraft from Ulster Bank

An arranged overdraft allows you to go overdrawn up to an agreed limit. So, if you’re short of cash, an arranged overdraft could help to cover an unplanned expense. Think of it as a short-term safety net.

Interest free up to £1,000

Interest-free arranged overdraft up to £1,000

Students studying medicine, dentistry, law, accountancy, pharmacy, optometry, physiotherapy and veterinary science can apply for an overdraft limit of up to £3,000 (interest free)

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Applying is really quick

Applying through Anytime Banking takes around 5 minutes

Get an instant decision if you bank online with us

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Fast access to funds

If your overdraft is approved, it'll normally be available the next working day, but there are some exceptions to be aware of

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Features and benefits

Before you apply

Overdrafts explained

First things first. There are 2 types of overdrafts – arranged and unarranged. Both types will cost you money in interest when you use them. It’s important you know the difference, so we’ll cover it off here.

Student arranged overdraft

When you're about to enter the world of work, your day to day expenses could change. That's where our Student overdraft could help.

Unarranged overdrafts

An unarranged overdraft is when you spend more money than you have in your account without already having an arranged overdraft in place, or when you exceed your current arranged overdraft limit.

If you're accepted

Manage your overdraft online or in the app

You can manage spending and increase, reduce or remove your overdraft limit quickly online and in our mobile app.

We'll send you text alerts

We'll keep you updated using our free text alert service if you start to use an arranged or an unarranged overdraft.


You can apply for an arranged overdraft of up to £1,000, interest-free after your first term (subject to approval).

Tools to help you out

Check your chances of being accepted before applying

Use our eligibility checker tool and find out if you’re likely to be approved before you apply. It takes just a few minutes and won’t impact your credit rating.

Find out how much interest you're likely to pay

Use our overdraft cost calculator to see how much interest you’d pay based on your own circumstances and borrowing amount.

Get ready to apply

You can apply for an overdraft if you:

  • Are aged 18+ and living in the UK
  • Are registered for Anytime Banking
  • Have an Ulster Bank Student Account

If you are not registered for Anytime Banking you can register now

Now, please take a look at this important info

Please take some time to review, print and/or save the below important documents.

All okay? Let's get started.

Our online application is available between 6.00am and 9.45pm

Do you have Ulster Anytime Banking?
You'll need to have Anytime Banking to apply for an overdraft online. If you don't, we'll help you sign up easily in just 5 minutes. Remember, you could use our mobile app to apply if you're already set up.

You're all set

Just a heads up - here's what you'll need:

    Your Anytime Banking login details

    Your address details for the last 3 years

Let's get you set up

You'll need to sign up for Anytime Banking with us in order to apply for an overdraft online. The good news is that it normally takes only 5 minutes. If you need a hand, follow our step-by-step guide below.

What you'll need

    Your sort code and account number

    Your Ulster Bank debit card, if you have one

Once you’ve registered, click ‘Next’ below to log in and apply for an overdraft.

You're all set

Just a heads up - here's what you'll need:

    Your Anytime Banking login details

    Your address details for the last 3 years

Let's get you sorted

You’ll need your customer number, Anytime Banking PIN and password to apply online. Pick from one of the options below and we'll help you on your way.

Once you have new details, click 'Next' below to continue.

You're all set

Just a heads up - here's what you'll need:

    Your Anytime Banking login details

    Your address details for the last 3 years