Ulster Bank Student Credit Card review November 2019

For Ulster Bank student account holders, this card could help cover unexpected expenses and kick-start a positive credit history.

Finder rating: ★★★★★

Representative example: When you spend £350 at a purchase rate of 18.94% (variable) p.a., your representative rate is 18.9% APR (variable).

18.9%

Representative APR

£0

Account fee

Up to 56 days

Interest-free each billing period

Details

IssuerUlster Bank
NetworkMastercard
Annual/monthly fees£0
Min. credit limit£350
Max credit limitSubject to status: £350
Purchases18.94%
Purchases interest-free period (days)56
Balance transfers18.9%
Additional cards available1

Expert review

Chris Lilly

Review by


Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

This Ulster Bank card comes with a low credit limit and no annual or monthly fee – pretty standard stuff for a student card.

Student cards also typically don’t have the most competitive rates around (in part due to the limited credit histories of many of the card’s users), but if you clear your balance in full each month, you won’t pay interest on your purchases. The card’s interest-free days on purchases could potentially offer a buffer until your next paycheque or student loan instalment comes through. This is a standard feature of almost all credit cards, not just those designed for students.

You can use Apple Pay with your student card, and in the Ulster Bank mobile app, you can manage your credit card alongside your Ulster Bank student current account.

It’s smart to be cautious about taking out a credit card while studying. If your income is minimal and paid infrequently, be realistic about how quickly you’ll be able to pay off any money you borrow. On the plus side, if you don’t carry a balance from month to month and you use this card responsibly, it could help you handle fluctuating costs and help you start building a positive credit history – standing you in good stead for future borrowing.

How does this card compare with other student cards on the market?

Table: sorted by representative APR, promoted deals first
Updated November 14th, 2019
Name Product Purchases Annual/monthly fees Credit limits Rep. APR Incentive Representative example
12.9%
£0
Min. limit £300, max. limit not specified.
12.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
0% for 3 months reverting to 17.9%
£0
Min. limit not specified, max. limit £350.
17.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.9% (variable) p.a., your representative rate is 17.9% APR (variable).
18.94%
£0
Min. limit £350, max. limit £350.
18.9% p.a. (variable)
Representative example: When you spend £350 at a purchase rate of 18.94% (variable) p.a., your representative rate is 18.9% APR (variable).
18.95%
£0
Min. limit £250, max. limit £500.
18.9% p.a. (variable)
Representative example: When you spend £500 at a purchase rate of 18.95% (variable) p.a., your representative rate is 18.9% APR (variable).
18.95%
£0
Min. limit £250, max. limit £500.
18.9% p.a. (variable)
Representative example: When you spend £500 at a purchase rate of 18.95% (variable) p.a., your representative rate is 18.9% APR (variable).
18.9%
£0
Min. limit not specified, max. limit £500.
18.9% p.a. (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
Representative example: When you spend £500 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).
19.95%
£0
Min. limit £500, max. limit £1,000.
19.9% p.a. (variable)
Representative example: When you spend £1,000 at a purchase rate of 19.95% (variable) p.a., your representative rate is 19.9% APR (variable).

Compare up to 4 providers

Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

When it comes to repayments, you can make manual repayments online or over the phone (0800 046 6486), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply for the Ulster Bank Student Credit Card

If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible. Ulster Bank will ask for your address history for the last three years, your bank account details and your graduation/course end date.

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Our team evaluates credit cards to determine their value against similar products on the market.

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