You’ve left university behind. Been there, done that. Now what? We know you need time to find your feet and get established in your new life. Our Graduate Current Account can give you the leg up you need.
Reasons to choose our Graduate Bank Account
Optional overdraft to help you manage the transition from studying. It’s interest-free and fee-free up to £2,010 in your first year after graduation, £1,510 in the second year and £1,010 in the third year. Subject to application, approval and repayable on demand.
A graduate loan of between £1,000 to £10,000 over 1 to 5 years (subject to application and approval - rates may vary depending on individual circumstances).
Make things happen wherever you are with a TSB Visa Debit Card and a TSB Classic Credit Card (Representative 25.9% APR variable) with a limit of at least £500 (subject to application and approval), accepted wherever you see the Visa symbol at home or away.
Apple Pay and Google Pay are available with this account.
To apply for a Graduate Account, you must be 18 or over, be a permanent UK resident and have graduated (and have confirmation of your graduation) within the last three years with a qualification from a UK based university.
How to apply
If you would like a Graduate account with us, please visit your local branch. To make an appointment call us on 03459 758 758
You must be 18 or over, be a permanent UK resident and have graduated (and have confirmation of your graduation) within the last three years with a qualification from a UK based university
Rates and charges
It's important that you understand how your account works.
We've added information below about our interest rates and you can find all the documents relevant to this account in the Important Documents section.
Graduate Overdraft Interest Rates
% Per Month
% EAR variable*
Year 1: £2,010+
£0 - £2,010
Year 2: £1,510+
£0 - £1,510
Year 3: £1,010+
£0 - £1,010
These interest rates are correct as at 01/11/2017. These interest rates are variable.
If in year 3 of your Graduate account you use an Arranged Overdraft limit of £2,000, the overdraft interest rate we charge on the first £1,010 will be 0% EAR variable and a Monthly Overdraft Usage fee will not apply. The overdraft interest rate on the next £1,000 will be 16.77% EAR variable. A Monthly Overdraft Usage fee of £6 will apply.
* EAR variable is the Equivalent Annual Rate. This is the actual annual rate of an overdraft. It doesn't take into account other fees and charges.
Make it easier to manage your money on the go. It means you can do your banking on the move from most internet-enabled mobile devices - either using our app or via your mobile device's browser.
Your TSB Visa debit card is an amazing piece of plastic. Accepted in millions of places and cash machines worldwide, it's incredibly convenient. It's just as safe to use abroad as at home, so it's a simple alternative to carrying cash.
If you try to make a payment and you don’t have enough money in your account (including your Arranged Overdraft if you have one), we’ll treat this as a request for an Unarranged Overdraft. If it’s authorised and you use £10 or less, you won’t be charged fees or interest on the amount you’ve borrowed. If you use more than £10 you’ll get charged interest and fees on the full amount.
Overdrafts are subject to application and approval, and are repayable on demand.
Account Opening is subject to our assessment of your circumstances. You must be 18 or over and a UK resident to apply.
Overdrafts are subject to application and approval and are repayable on demand.
Text alerts are free but your mobile operator may charge for some services. Please check with them.
We don’t charge for your use of Mobile Banking but your mobile operator may charge for some services, please check with them. Mobile Banking is available on most internet enabled mobile devices. Services may be affected by phone signal and functionality. You must be registered for Internet Banking. Terms and conditions apply.