How to move your student loan to Revolut

Heading to university is a huge step, and managing your money is an important part of it. Your maintenance loan is the financial foundation for your year, so it makes sense to put it somewhere that helps you get the most out of it. As a student with a Revolut account, you can get your loan one business day early and unlock tools that help you budget, save, and manage it with ease.

Move your loan: step by step

Moving your student loan over to Revolut is straightforward. Just follow these simple steps to change your maintenance loan details with the Student Loans Company (SLC):

1. Sign up for Revolut: it only takes ‌a few minutes and, once your account is created, you're ready to receive your loan.
2. Access your Student Loans Company (SLC) account: log in to your SLC account using your email or CRN (Customer Reference Number) and password. From there, navigate to the Your personal details section.
3. Update your details: scroll down to the Bank account details section and select Change. Finally, enter your Revolut account details and you're all set.

Moving your student loan to Revolut is just the beginning. Our app is packed with features designed to help you budget, save, and handle daily finances with confidence.

Get your student loan paid early

It’s always a relief when your student loan arrives — but what if that relief came a day sooner? With us, you can get your student loan paid one business day early so you can get ahead on rent, bills, or any other plans you have. That means if your loan is scheduled to arrive on a Monday, you'll get it the Friday before instead. This feature is available to all UK customers who get their loan paid into their Revolut GBP account and on UK BACS payments only.

Is Revolut good for students?

Student life means splitting everything from takeaways to taxi fares. Luckily, we make sending and receiving money easy with fast and free in-app transfers between friends. You don't need to ask for their bank details — just search their name and send money in a few taps.

Our Group Bills feature takes the hassle out of shared expenses. After dinner or a night out, you can pay the full bill then send a request to your flatmates or friends to split it. We do the maths for you, so you don't need to have any awkward conversations.

Start saving with daily interest

Your student loan doesn't need to just sit in your account — it can grow there. With an Instant Access Savings account on the Revolut Standard plan, you can earn up to 3.51% AER (variable) on your savings, paid daily.¹ That means you can watch your savings grow day after day.

¹Rates depend on your plan type and savings' currency, from up to 3.51% on our Standard plan to up to 4.5% on our Ultra plan, as of 10 September 2025. Paid plan subscription fees and T&Cs apply. Annual Equivalent Rate (AER) shows the interest you can earn over one year. AER is compounded, so you’ll earn interest on interest already earned.

Spend smarter with Revolut

Beyond payments and savings, we provide tools for better spending habits. You get real-time in-app notifications for every transaction, so you always know what you're spending and where. With built-in analytics, you can track your money and get a clear overview of where it's going. You can also set budgets and spending limits to help you stay on track and make sure you've got enough to last until the next loan drops.