Go paper-free
Amend paper-free preferences for your statements and correspondence.
If you are an international student, you might want to take a look at our other accounts.
New offer coming soon
You’re eligible for a Student Current 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.
Are you an international student?
If you have not been a resident in the UK for at least three years, you will not be able to apply for a Student Current Account.
Instead, you might want to take a look at our other accounts.
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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.If you have an overdraft limit greater than the interest free amount, then you will be charged 29.9% EAR (variable) representative on any amount you use above this limit.
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If you have a Bank of Scotland Student Account already, and continue straight onto a Masters Degree or PhD, you can extend your existing Student Account and hold it for a maximum of 6 years whilst you study.
If you don’t have a Bank of Scotland Student Account, and are starting a Masters Degree, then you can open a new Student Account if you are 17 or over, have been a resident in the UK for at least three years and are 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.
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Find out how fraud can harm you and what you can do to stop it:
Key account information
Bank of Scotland Bank Account conditions (PDF, 173KB)
Bank Account welcome pack (PDF,567KB)
From 01 August 2025, we are changing some interest-free arranged overdraft amounts on our Bank of Scotland Student Account, for full details please see Guide to Changes (PDF, 34KB).
Invest Wise
Introducing Invest Wise, our free investment account for 18-25 year olds - the ideal companion for students aspiring to smash their financial goals. Enjoy an account with no admin fees and take advantage of free regular investing, so even more of your money can go into your investments!
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest.
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.
