Student Additions overdraft
Need help to tide you over?
A student overdraft 1 2 could help until the money starts coming in. It's the flexible way to borrow.
If you hold a Student Additions account, you can apply for:
- Up to £2,000 fee-free while you’re studying at university depending on circumstances, with £200 fee-free available when you open your account, subject to application and status
- Overdrafts are only available to UK resident students
- Daily overdraft fees are charged on your overdraft balance. If you go over the fee-free amount, you’ll be charged on the whole balance of your arranged overdraft as follows:
Up to £2,000 – No fee
Over £2,000 – £1 per day
The maximum arranged overdraft is £3,000.
Fee-free overdraft up to £2,000 (subject to application, status and residency) while you stay within that limit.
Up to £2,000 fee-free. If you use an overdraft of £2,200, you will be charged £1 a day when you use it.
1. Overdrafts are subject to status and application so the amount offered may be different to that shown on the example. All borrowing is repayable on demand. The fees shown here are variable, which means we can change them – although we will let you know before we do this.