Overview

• Nationwide relaunched its FlexStudent account on July 1, offering up to £280 in incentives—including £100 cashback, £120 in Just Eat vouchers and up to £40 in referral rewards—for customers who deposit at least £500 by December 12, 2025.
• FlexStudent holders receive an arranged overdraft facility of £1,000 in year one rising to £3,000 by year three and gain seamless access to a FlexGraduate account after graduation.
• NatWest rolled out its Student Account on the same day, paying an £85 cash bonus within 10 working days and granting a four-year Tastecard membership to qualifying students.
• NatWest’s package features an interest-free overdraft up to £2,000 in the first year and £3,250 by the third year plus app-based budgeting tools and dining discounts.
• These simultaneous launches underscore UK banks’ push to capture the student market and forge long-term customer relationships ahead of the new term.