Once you’ve graduated from university, your student account will convert into a graduate account, which is similar to a standard current account. Your existing student overdraft may be transferred over to your new account (meaning it will stay at 0% interest for a few years) and you may be able to apply for an arranged overdraft limit on top. In some cases, the bank may ask that you start to reduce your agreed overdraft limit over a period of time, depending on your work and income status.