we'll automatically increase your overdraft limit as shown below at the start of each year of study. You can ask to reduce the limit at any time.

What happens to student overdraft when you graduate Santander?

We may vary the 1I2I3 Graduate fee-free Arranged Overdraft allowance from time to time. We may automatically withdraw it at the end of your course. We can reduce your yearly interest-free and fee-free Arranged Overdraft allowance if we aren't satisfied with how you have managed your account.

How long can you have a student overdraft for?

How long can you have a student overdraft for? You should be able to have a student overdraft for around two to three years. After you graduate, your account may automatically switch to a graduate account – and you should have 2-3 years to pay back the interest-free overdraft.