If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. To help find the right solution for your needs you can use our coronavirus support tools for credit cards and loans and for Halifax mortgages. If you have a Bank of Scotland mortgage, find out more here.

Student Current Account

A current account designed for students in full-time education and apprenticeships.

Bank card image

Why choose our Student Current Account

  • Interest-free arranged overdraft - get up to £1,500 in years 1-3 and up to £2,000 in years 4-6 (available if aged 18 or over).
  • Get a free TOTUM card - Enjoy a TOTUM card absolutely free for up to three years, giving you access to over 200 UK discounts on the high street and online PLUS 42,000 discounts worldwide with a free ISIC. Plus, it is available with PASS-approved proof of age ID for those that need it.
  • Easy access to your account via Internet Banking and the Mobile Banking app, Telephone Banking, plus any of our branches in Scotland.
  • Earn up to 15% cashback with Everyday Offers. Merchant offers and cashback amounts vary.
  • You’ll get a Bank of Scotland VISA contactless debit card, providing a faster way to pay for your everyday essentials.

Arranged overdraft

An arranged overdraft can act as a short term safety net. You can use it to borrow money up to an agreed limit through your bank account.

- Setting up an arranged overdraft is free and you’ll only pay daily arranged overdraft interest if you use more than your interest-free amount.

  • Applying for an arranged overdraft - When you have applied for this account, at the end of the application you can apply for an arranged overdraft which you can add right away. You can also apply for one later.
  • Amending an arranged overdraft - You can reduce or remove your arranged overdraft at any time through Mobile Banking, Internet Banking or Telephone Banking or by visiting your branch. But you must repay anything you owe if you want to remove an arranged overdraft or anything over the new reduced limit you want. You can also apply to increase it. This application won't affect your credit score.
  • Helpful tools - You can use our cost calculator to calculate the cost of an arranged overdraft.
  • Keep in mind - If you don't have enough money in your account or available arranged overdraft to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment. Missing payments and using an unarranged overdraft can damage your credit score, please get in touch with us as we may be able to help you.

All overdrafts are subject to application and repayable on demand. You must be 18 or over to apply.

Representative Example

A variable representative rate of 0% APR

A variable annual interest rate of 0% EAREAR is the Equivalent Annual Rate. This is the annual interest rate of an overdraft. This means you are charged over the year based on how often and how much you are overdrawn by, and the effect of compounding it – charging interest on interest already charged. This interest rate does not include any other fees and charges.

Based on Borrowing £1,200

This example assumes you are in the second year of your studies

How much does my overdraft cost in pounds and pence?

As an example, the interest cost of borrowing £500 is:

£0.00 for 7 days

£0.00 for 30 days

£0.00 for 60 days

How does our overdraft compare?

You can use the representative APR to compare with other products or credit providers, this can help you make sure that you chose the right type of borrowing for you.

Useful tools

You can use our calculator to work out how much your anticipated arranged overdraft borrowing would cost over different periods of time.


Cost Calculator

You can use our eligibility tool to find out if you are eligible for an arranged overdraft.



Eligibility Tool

Arranged overdrafts are subject to application and approval and repayable on demand. You must be 18 or over to apply. Arranged overdraft limits and interest rates vary based on your individual circumstances. 

Find out more detailed information on overdrafts such as interest rates, charges and managing your arranged overdraft limit.

You can apply for the Bank of Scotland Student Account if:

  • You're aged 17 or over (to apply for an arranged overdraft, you have to be 18 or over)
  • You've lived at a permanent UK address for the past 3 years
  • You’re studying on a full-time course that lasts for at least two years, or on a one year access course leading onto a full-time degree.

International Students

If you don’t meet the eligibility criteria for a Bank of Scotland Student Account you may be eligible for our Classic Account or another one of our Bank of Scotland current accounts.

How to apply for the Student Current Account

You will need to be aged 17 or over, on a degree course or equivalent full time education and have been a permanent UK resident for the past 3 years to apply.

Apply for a new account

Apply for our Student account using our simple application form.

You will need to go to a branch once your application is successful to provide staff with the following:

  • Your UCAS confirmation of place letter or a letter from your university or college confirming your place
  • Proof of ID such as your driving licence
  • Proof of address (anything official with your name on it that's less than three months old, but not a mobile phone bill).

Apply for a new account


Change your existing Bank of Scotland bank account into a student account

Simply login to your Internet Banking. The link below will take you to the start of the application.

  • We’ll ask you for your 4 digit UCAS code
  • Your sort code and account number won’t change

Login to change account

Got any questions? Call us on 0345 721 3141 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am-5pm).

  • Sometimes we need to plan for the unexpected and having an arranged overdraft limit set up can provide you with the flexibility of extra money to help tide you over.

    The Student Account comes with an interest-free arranged overdraft of up to £1,500 in years 1-3 and up to £2,000 in years 4-6.

    When you graduate, we’ll still be here to help, converting your student account to a graduate account which also provides an interest-free offering.

    The amount of your arranged overdraft that is interest-free will depend on your year of study.

    For Student Account

    student account overdraft


    Interest-free arranged overdraft amount


    Year 1 of study - first 6 months from accounts opening

    Interest-free arranged overdraft amount



    Year 1 of study - months 7 – 9 from account opening

    Interest-free arranged overdraft amount



    Year 1 of study - months 10 – 12 from account opening

    Interest-free arranged overdraft amount



    Years 2 and 3 of study

    Interest-free arranged overdraft amount



    Years 4 - 6

    Interest-free arranged overdraft amount


  • How do I get my free TOTUM card?​

    All you need to do is apply and open your Student Account by 31st October 2020. TOTUM will then send you a unique promotional code, which you’ll need to order your first free card. Your promotional code will be valid until 31st December 2020 and the sooner you order your free TOTUM card the sooner you’ll be able to start saving.​

    How and when will I get my unique promotional code?​

    Your unique promotional code will be sent by email and SMS from TOTUM, so please ensure we have your up to date details. Codes will be sent out within 15 working days of opening your account. If you’re eligible for the offer and don’t receive your code after 28 days, please visit a branch and speak to a member of staff.​

    How long will it take for me to receive my TOTUM card?​

    Once you’ve applied, TOTUM will send you your free card within 10 working days. You will be able to access your TOTUM card details immediately by downloading the TOTUM app and logging in. Your 2020/2021 TOTUM card will be valid until 30th September 2021, regardless of when you apply for your card. You must order your free TOTUM card by 31st December 2020​.

    Where can I use my TOTUM card?​

    Partners include big names such as 40% off at Café Rouge and Las Iguanas, 25% off student ticket prices at Odeon, 10% off at The Co-op, plus discounts from Apple, 16-25 Railcard, National Express, Superdrug, New Look, Jack Wills, Zavvi, PizzaExpress, ASOS, CrossCountry Trains, Missguided, Domino’s and Thorpe Park plus many more. Have a look at the fantastic range of discounts that you could enjoy at TOTUM.com To see where you can save money when you are on the go you can download the TOTUM App​.

    TOTUM discount partners are subject to change. All details are correct as of 01/07/2020.

  • When you are no longer eligible for the Student Account, for example you graduate from your course, we will convert your account to a Graduate Account, unless you make alternative arrangements with us.

    If you are not eligible for a Graduate Account (for example you leave full-time study before graduating) we will convert your account to a Classic Account (or similar account if it is no longer available).

    Arranged Overdraft
    You can apply for a tiered interest-free arranged 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.

  • Choosing the right account for you

    To apply for a Bank of Scotland Student Account you must be 17 or over and be studying for a full-time course that lasts for a minimum of two years or be on a one year access course leading onto a full-time degree.

    If you plan to study in the UK, you may be eligible for our Classic Account or another one of our Bank of Scotland current accounts.

    Information for International students applying for a Classic Account

    • Free everyday banking - Stay in credit and you won’t have to pay monthly maintaining the account fees. Bank your way with Internet Banking, Telephone Banking, Mobile Banking, in-branch, and also get free mobile alerts.
    • Debit card - You can use your Visa debit card to shop online and in over 500,000 locations in the UK and 27 million worldwide.
    • Cash withdrawals - You can withdraw up to £500 a day from a Bank of Scotland Cashpoint or other cash machines.
    • No arranged overdraft - International Students who have lived in the UK for less than 3 years are not eligible for an arranged overdraft.

    Ways to apply

    Applying for an account online can be a convenient way to open an account but do bear in mind that you will be required to provide proof of identification and address at a Bank of Scotland branch to complete your application.

    Classic Account details

    What documents can I bring?

    After applying for a current account online, you will need to provide proof of your identity and address at your nearest branch within 14 days so we can continue with your application. All documents must be the most recent ones. We don’t accept expired documents or documents printed off the internet.

    We need to see one of the following documents.
    This document must show your full name. You can choose from the following:

    • current United Kingdom, European Union or European Economic Area photo driving licence
    • Current UK / EU / EEA passport
    • EU / EEA identity card
    • all other current signed passports with a valid UK visa
    • benefits or pensions notification letter confirming the right to benefit
    • current UK non-photo driving licence
    • blue disabled driver’s pass.


    We need to see one of the following documents.
    This document must show your full name and current address. You can choose from the following:

    • bank, credit card or building society statement showing transactions
    • current UK driving licence (if it hasn’t been used as proof of your identity)
    • utility bill
    • Local authority tax bill for current year
    • benefits of pensions notification letter confirming the right to benefit (if it hasn’t been used as proof of your identity)
    • original letter on headed paper issued by educational institution confirming place on a course (must confirm full name, UK and overseas address, start and end date of course).

    We reserve the right to ask for additional documents. If you don’t have the documents listed above, we may be able to accept others so please speak to a member of staff if you have any questions about this or any of our services.

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details whats expected of us, the lender and you the borrower.

We may monitor and record calls.

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.