Student account - Overview
Our student package is available if you are a full-time (your course lasts at least two years and no more than five years), third-level student living in the UK for tax purposes. You must be 18 or over.
Payments made easy - with your Ulster Bank Visa Debit card
- Use your debit card to pay in shops or on the internet so there is no need to queue at an ATM.
- Get cashback from a wide range of retailers.
- Withdraw your money at almost every cash machine in the UK and the Republic of Ireland and from all Post Offices throughout the UK.
- Pay for things over the counter, online or on the phone.
In fact, you can use your debit card anywhere you see the Visa logo, worldwide!
Click here for more information on Visa Debit
Please see our leaflet A Guide to Personal Accounts Fees and Interest available in branch for more details.
Anytime Internet and Telephone Banking - 24 hour service
Now here’s an idea – free internet and telephone banking on your account with Anytime Banking. You’ll be able to keep a careful eye on what your money is doing wherever you are, 24/7. Use it to check your balance, pay bills and transfer money. Terms and conditions apply.
Click here for more information on Anytime
Mobile Phone Banking (including iphone)
There’s an easy way to stay in touch with your finances even when you’re out and about – with our free Mobile Phone Banking service.
- Weekly balance updates - we'll text your balance at a time and day that you choose.
- Limit alert - we'll send you a text when your account goes above or below a pre-set limit. Handy to know when you can save or splurge!
- Get your balance when you need it - View an up-to-the-minute account balance or mini-statement any time you need to.
Data charges may apply on some mobile networks for mobile phone banking. Terms and conditions apply.
More on alerts
Got an iPhone? – You can use all the features of Mobile Phone Banking by downloading our Ulster Bank app. Download free from the App store or from here.
Terms and conditions apply. Standard charges for downloading data may apply. Contact your operator for details. iPhone is a trademark of Apple Inc.
Banking with no transaction fees
You won’t pay any fees for transactions, standing orders, Direct Debits. Arranged overdraft facilities are also free as long as you stay within the agreed limits.
Charges for other services still apply. We also provide information on our charges and interest rates in our brochure ‘A Guide to Personal Accounts Fees and Interest’ which you can get in our branches.
Commission-free travel money
Whether taking a break or going to work abroad over the holidays, you can pick up commission-free foreign currency at your local Ulster Bank branch before you travel.
This applies to transactions in a branch only. It does not include withdrawing money from a cash machine. The offer does not apply to transactions on foreign currency accounts, bank drafts, credit cards or foreign-exchange transactions carried out using any other Ulster Bank products or services. For further information on foreign exchange transactions please contact any Ulster Bank branch.
Student Overdraft
To help you through your student days we offer an interest free overdraft of up to £1,000.
Students studying medicine, dentistry, law, accountancy, pharmacy, optometry, physiotherapy and veterinary science can apply for an overdraft of up to £3,000.
To maintain your student overdraft you should actively use your Ulster Bank Student Account as your main account. This means you need to withdraw money at least three times a month and make one or more lodgements each quarter. You will also need to ensure that your account remains in credit for 30 days in any one year period and repay the overdraft within one year of finishing your course.
Whether you have an overdraft will depend on your circumstances and our conditions. We may also carry out credit scoring, this is where we assess whether credit is affordable for you based on the information you provide.
The overdraft facility must be repaid within one year of course completion. You must repay your overdraft if we demand. We may need security.
We can provide an interest-free overdraft if you ask when you apply for an account. The overdraft is an authorised overdraft limit available to all Student Account holders.
You may not go over the overdraft limit without getting our permission first. If you exceed your overdraft limit, we will charge interest at the rate stated in our ‘A Guide to Personal Accounts Fees and Interest’ brochure. An unpaid item fee and other charges may apply. Please ask in branch for details.
Student Credit Card
A credit limit of £350 and no annual fee makes this credit card a handy little extra in your wallet. You’ll enjoy a rate of 18.9% (variable) on purchases and balance transfers and 25% p.a (variable) on cash advances.
Representative Example:
Representative 18.9%APR (variable) based on a Credit Limit of £350.
Standard interest rate for purchases: 18.9% p.a. (variable)
Whether you have a credit card will depend on you circumstances and our conditions. We may also carry out credit scoring, this is where we assess whether credit is affordable for you based on the information you provide.
Click here for more important information on the student credit card
Open an account today
You can contact the Student Loans Company if you want to have your student loan paid into your new Ulster Bank account. It’s easy to update your records – simply call Student Finance on 0845 6000 662* Monday to Friday, 8am to 8pm and Saturday and Sunday, 9am to 5.30pm.
Rates and information correct as at 11th July 2011 and are subject to change
