Natwest | Student credit card

APR: 18.9% Representative
Intro purchase rate: 0% for 2 months
Purchase rate: 18.9%
OPTIOSCORE 33.7/100 
Natwest | Student credit card customer reviews

1.8 out of 5 from 70 customer reviews

Representative Example: The standard interest rate on purchases is 18.95% p.a. (variable), so when borrowing £500 the Representative APR will be 18.9% (variable).

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Natwest | Student credit card customer reviews

1.8 out of 5 from 70 reviews

Good to get a start on your credit profile

13:41 02-02-2017

via Smart Money People

I got their student credit card when I became aware of credit scores and the fact you actually need credit history to be considered for loans and mortgages. The limit is low, which is good for a student just starting to build credit history, however it's not so useful as you progress your credit score and need to borrow higher amounts.

Jade Blair

Always great customer service

10:26 19-12-2016

via Smart Money People

I have never had any problems with them, they have great customer service.

Ceirios Matthews

Our review of Natwest | Student credit card

Our review by Alex
Written by: Alex
Simplicity
11.5
Features
41.4
Consumer sentiment
50

Total OPTIOSCORE
33.7/100

The NatWest Student Credit Card is designed for those in higher education that may be new to credit. Its maximum limit of £500 will allow users to learn how to borrow responsibly and manage repayments without the risk of racking up large debts. Saying this, borrowing on a credit card should be a last resort for students and not just an extra source of funds for the student union bar. If you miss your repayments you’ll be subject to a charge of £12, so if you’re thinking of applying for this card be sure you can afford it, and stay on top of the repayments.  

On the NatWest website, customers can check their likelihood of acceptance by using the eligibility checker. This only takes a few minutes but can give you an idea of whether you would be accepted at a later date. One thing to watch out for is that this form does submit a soft credit search which will leave a footprint on your credit file for other providers to see.

The NatWest Student Credit Card has a lower than average OPTIOSCORE which has been brought down in terms of simplicity and features. Although there are no online reviews specific to the Student Credit Card, TrustPilot have given NatWest a rating of ‘bad’ overall. Some customers are unhappy with changing branch opening times, problems with online banking and poor customer service.

Overall verdict: If you’re in education and looking to build a foundation for your future credit then the NatWest Student Credit Card could be one to consider. The representative APR isn’t too expensive and you’ll be able to manage the account online or on your mobile.

Highlights

  • £500 credit limit
  • Up to 56 days’ interest free on purchases
  • Email and text reminders
  • Online and mobile management of the card
  • Use the card anywhere with the MasterCard logo

Minimum criteria

  • You must be aged 18 or over
  • You need to be a UK resident
  • You must have a NatWest Student Current Account

About Natwest | Student credit card

The NatWest Student Credit Card is designed for those in higher education and has a representative APR of 18.9%. The maximum credit limit is £500, however this depends on the applicant’s personal circumstances and previous credit history, so the limit offered could be lower. To apply for a NatWest Student Credit Card you will need to be an existing NatWest Student Current Account holder.

NatWest allow their Student Credit Card holders to manage their card and account using a dedicated Credit Card Online Services platform, online or via the NatWest mobile banking app. NatWest also send email and text reminders when the payment is due to try and prevent customers from missing their date. Any missed repayments will result in you being charged £12.

You’ll also be able to use your NatWest Student Credit Card if you’re abroad, as long as you can see the MasterCard logo. There will also be a fee of 2.75% for transactions that don’t take place in sterling.