Natwest Student Account Review

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1.7 stars
Average rating for this product is: 1.7 out of 5

From 4 ratings and 50 reviews

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Guest's Review of Natwest Student Account

Overall Rating

2 stars
  • Ease of Use
    1 stars
  • Customer Service
    1 stars
  • Overdraft Facility
    1 stars

Customer Service is absolutely awful at Natwest.

I opened an Account online in order to qualify for the free USB pen that you would receive for opening online. I got the documents fairly quickly and went to the branch to confirm my identity.

My passport was fine, then she wanted proof of address, in which I produced my UCAS conditional offers letter. She said this was unacceptable even though the letter was dated two weeks ago! I then went home to retrieve a utility bill instead - only to go back to Natwest and get told that the conditional offer letter was not enough to prove that I would be a full time Student!

I don't know if staff could be anymore incompentent. They seemed to have little or no idea what UCAS was and stated that I should bring a Student identification card instead to confirm my Student Status.

They seemed either very stupid or very unwilling to open a Student account for me. Natwest fuss about every single document handed to them no matter how official it may seem.

Now I have to wait until I go to university UNTIL i can open my dam student account. This is an annoyance because most of us would have wanted a Student Account for a loan and bursaries to be used the moment we start.


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LenderAccountDescriptionInterestAEROverdraft  
Overdraft LimitOverdraft Rate
Alliance & LeicesterPremier Direct AccountEarn a great rate of 6% AER (fixed for one year) on balances up to £2,500.Monthly6.00%0.00%£2,000.00
Alliance & LeicesterPremier CurrentEnjoy Free annual multi-trip European travel insurance and earn 0.50% AER on balances up to £2,500.Monthly0.50%0.00%£2,000.00
NatwestNatwest Advantage Gold AccountEnjoy benefits worth up to £704 for just £12.95 a month. Including Mobile phone cover, Travel Insurance and even tailored rates on other Natwest products.Monthly0.25%18.49%n/a