Student and youth accounts

We offer a range of bank accounts which can look after you from your very first bank account right through to university.

Student Account

An account packed with everything you need to make the most of your time as a student.

Available if you’re aged 18 or over, and on a degree course or equivalent full time education.

  • Interest and fee-free tiered Planned Overdraft of up to £1,500 in years 1-3 and up to £2,000 in years 4-6 (subject to application, status and approval).
  • A VISA debit card.
  • Access to our Internet Banking and Mobile Banking, 24-hour telephone services as well as any of our branches.
  • Earn up to 15% cashback with Everyday Offers.1
  • Free NUS extra card giving you access to over 170 discounts on the high street and online.

You also have an option to apply for a Student Credit Card, which is subject to application status and approval. You need to be 18 years old or over to apply.

NUS Card FAQs

 

How do I get my free NUS extra card?
To benefit from the free NUS extra card offer, all you need to do is open your Student Account between 01/08/2015 – 11/10/2015. We’ll then write to you with your unique promotional code and details of how to apply for your first free card. Letters will be sent out at the beginning of September or within 15 days of opening your account if you open it after this time.

After you’ve applied for your card you will immediately be able to access the online NUS extra discounts in the “Track my Card” section and under ”My Account” at www.nus.org.uk. You will be able to access the full range of discounts once your card arrives which will be sent out to you by the NUS within 7-10 working days.

What should I do if I don’t receive or lose my promotional code letter?
Providing you open a Student Account between the 01/08/2015 – 11/10/2015 you will be sent a unique promotional code to claim your first free NUS extra card. Letters will be sent at the beginning of September or within 15 days of account opening if you open your account after this time. If you have lost or not received your promotional code letter you can contact us in branch or by phone to be reminded of your code. You will need to claim your first free card by 31/12/2015.

How do I register for my first free NUS extra card?
Full details of what you need to do to claim your first free NUS extra card will be detailed in the letter we send you. To claim your first free NUS extra card You will need to follow the instructions in the letter and ensure you apply for your card by 31/12/2015.

When is my NUS extra card valid until?
All NUS extra cards issued as part of our Student Account offer are valid until 30 September annually regardless of when you apply for your card.

How do I renew my free NUS extra card?
Providing you previously registered for a free NUS extra card by 31st December and you still hold your Student Account you will receive a renewal email from the NUS which will contain full details on how to renew your card for the second or third time. The NUS will send your renewal email to the email address you provided to them when you registered for your first free card. Emails will be sent out in September and follow-up reminders until the end of December.

To ensure you are able to benefit from the offer for up to three years You will need to use the unique promotional code allocated to you each year. If you don’t do this, you will not be eligible to renew your card in subsequent years.

What should I do if I don’t receive of lose my NUS renewal email?
If you don’t receive a renewal email from the NUS within 10 days of the end of September, please ensure you check your spam/junk mail folders. If you still can’t find it, please contact the NUS who will be able to help providing you are eligible to renew your NUS extra card for a further year.

Interest and fee-free overdraft

Year of study
Interest and fee-free amount
1st year
Interest and fee-free Planned Overdraft of up to £1,500 starting with:
£500 in months one to six
£1,000 in months seven to nine
£1,500 in months ten to twelve
2nd & 3rd
Un-tiered, interest and fee-free Planned Overdraft of up to £1,500
4th to 6th

Un-tiered, interest and fee-free Planned Overdraft of up to £2,000

Information about applying for a Student Account

You will need to:

  • be a permanent UK resident for the past 3 years;
  • be aged 17 or older (you will not be eligible to apply for an overdraft until you are 18);
  • confirm that you are studying full time on an eligible course of at least 2 years' duration, or a one year full time access course leading to a degree.

You will need to bring the following documents with you:

  • Your UCAS confirmation letter or a letter from your university or college confirming your place;
  • If you aren't already a Bank of Scotland customer, a piece of ID such as your driving licence or a 10 year passport and proof of your address (anything official with your name on it that's less than three months old, but not a mobile phone bill).

Applying for a Student Account

You will need to apply for a Student Account at your nearest Bank of Scotland branch.

 Find your nearest branch

Any questions?
Just phone us on 0345 721 3141 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am-5pm) or ask a member of our team when you visit us in branch.

More information on this account

Please be aware we are making some changes from 22 November 2015 to the conditions of our bank accounts, read the Changes to your Bank Account Conditions section of the Bank of Scotland Bank Account conditions for full details.

Graduate Account

Your hard work has paid off, and you’ve graduated. Let us help you make the most of the opportunities ahead.

  • A tiered interest and fee-free Planned Overdraft (subject to application and approval). Up to £2,000 in your first year after graduation, £1,500 in your second year and £1,000 in your third year.
  • A VISA debit card.
  • Access to our Internet Banking and Mobile Banking, 24-hour telephone services as well as any of our branches.
  • Earn up to 15% cashback with Everyday Offers.1
  • Free mobile text alerts - Receive balance, limit and overseas transaction alerts.2 Representative example If in year 3 of your Graduate Account you use a Planned Overdraft of £2,000, the overdraft interest rate we charge on the first £1,000 will be 0% EAR variable. The overdraft interest rate on the next £1,000 will be 16.8% EAR variable and a Monthly Overdraft Usage Fee of £6 will apply.

Representative example

If in year 3 of your Graduate Account you use a Planned Overdraft of £2,000, the overdraft interest rate we charge on the first £1,000 will be 0% EAR variable. The overdraft interest rate on the next £1,000 will be 16.8% EAR variable and a Monthly Overdraft Usage Fee of £6 will apply.

Information about applying for a Graduate Account

You will need to:

  • be a permanent UK resident
  • have graduated within the past three years with a degree from a UK-based university
  • have confirmation of graduation

You will need to bring the following documents with you:

  • ID, such as a passport or driving licence.
  • Proof of graduation.
  • Proof of address, such as a utility bill (not a mobile phone bill) that’s dated within the last three months.
  • Bank statements from the past six months, showing evidence of your overdraft limit.
  • Your current debit card and letter of employment confirming your income (if this isn't included on the statements).

Graduate Loans
If you have a Graduate Account and need to budget for a major expense, such as a car or some new furniture for a flat, you could apply for a Graduate loan of up to £10,000.

Applying for a Graduate Account

You will need to apply for a Graduate Account at your nearest Bank of Scotland branch.

 Find your nearest branch

Any questions?
Just phone us on 0345 721 3141 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am-5pm) or ask a member of our team when you visit us in branch.

More information on this account

Please be aware we are making some changes from 22 November 2015 to the conditions of our bank accounts, read the Changes to your Bank Account Conditions section of the Bank of Scotland Bank Account conditions for full details.

Under 19s Account

If you are aged between 11 and 18 years old, we have made it easy for you to make the most of your money.

  • A choice of card – Choose a VISA debit card, which can be used in shops, online or over the phone and at Cashpoint® machines, or a Cashpoint card which can just be used for taking out cash.
  • Competitive rate of interest. Earn a variable rate of interest, paid quarterly, of 2.50% AER (2.47% Gross p.a.) variable interest, on balances up to £2,500. Any money over £2,500 will earn 0.10% AER Gross p.a.
  • Free text message services to help you keep better track of your money wherever you are.2
  • Access to Internet Banking - this is a limited service for Under 19s Account holders.3
  • Top up your mobile. Option to top up your Pay as You Go mobile at most Bank of Scotland Cashpoint machines. Successful mobile top ups will reduce the amount of money you can take out of your account that day.

In addition, once you reach 16 years old, other services and benefits become available:

  • Access to Telephone Banking – allowing you to do everything from checking balances and payments to transferring money, and a whole lot more.
  • Save up to £75.99 with the AA Driving School and drive down the cost of getting your licence (if you're 17 or over). Save £36 on AA driving lessons and receive a free ‘Pass Your Test’ CD-ROM worth £19.99. After passing your test save a further £20 off Pass Plus - the DSA recognised qualification for advanced practical skills which could secure a discount of up to 35% on car insurance.4

Information about applying for an Under 19s Account

You will need to have:

  • two forms of ID such as your UK birth certificate or passport and one proof of address.
  • bring a parent or guardian (if you’re under 16) and they will need to have proof of their ID and address too.

Applying for an Under 19s Account

You will need to apply for an Under 19s Account at your nearest Bank of Scotland branch.

 Find your nearest branch

Any questions?
Just phone us on 0345 721 3141 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am 5pm) or ask a member of our team when you visit us in branch.

More information on this account:

Please be aware we are making some changes from 22 November 2015 to the conditions of our bank accounts, read the Changes to your Bank Account Conditions section of the Bank of Scotland Bank Account conditions for full details.

1 You need to register for Internet Banking to register for Everyday Offers (Terms and conditions apply).

2 Text Alerts - available to UK personal current account customers aged 16 or over and (other than Weekly Balance Alerts and Overseas Transaction Alerts) are sent before 10am UK time, Monday - Friday (excluding Bank Holidays). If you are aged 11-15 and have an Under 19s Account you can apply for our Weekly Balance Alerts and Overseas Transactions Alerts (just make an appointment at your local branch with a parent/guardian to register).

3 Under 19s Account holders aged 18 or over do not have access to set up overdrafts or have Save the Change balances transferred to their account. In addition, Under 19s Account customers aged 11-15 cannot use the International Payments service. The online daily payment limit is £500 if your account was opened after 11th September 2011, if it was opened on or before this date then the limit is £300 (if you need to withdraw more than this then you will need to visit your local branch). You will only be able to view your Under 19s Account via Internet Banking and not any other accounts you hold with Bank of Scotland.

4 The AA Driving School offer is subject to change or withdrawal.

We may monitor and record calls.

Account opening is subject to our assessment of your circumstances and to you meeting all eligibility conditions. You must be 18 or over (aged 11 - 18 for the Under 19s Account and a UK resident to apply).

Any overdraft we agree is repayable on demand, including any fees or interest and subject to application and approval. You must 18 years old or over to apply.

Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628. We subscribe to The Lending Code; copies of the code can be obtained from www.lendingstandardsboard.org.uk.

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