Barclays Bank Account
Compare the Barclays Bank Account with the UK's best current accounts, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 | You can compare the Barclays Bank Account against other Barclays Current Accounts. | ||
| Company: | Barclays www.barclays.co.uk | ||
| Product: | Bank Account | ||
| Apply via this site: | Not available | ||
| Application Criteria | |||
 Minimum income: | No minimum income is required to open this account or keep it open. | ||
| Minimum Monthly Credit: | There is no minimum monthly credit required. | ||
| Minimum Investment: | There is no minimum investment required to open this account, however interest is earned from £1. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Age: | The minimum age is 18 years old. | ||
| Maximum Age: | Unlimited | ||
| Existing Customer Only: | This account is not available to existing customers only. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Transfer Assistance: | Register for the free account transfer service and Barclays will take care of the rest. They will transfer all the customer's standing orders and direct debits from their old account to their Barclays account. | ||
| Incentives | |||
| Account Promotions: | Commission-free travel currency with free home delivery. 0% overdraft limit match For new customers who transfer their current account to Barclays and pay in at least £1,000 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £5,000 for 12 months. For new customers who transfer their current account to Barclays and pay in between £500 and £999 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £1,500 for 6 months. | ||
| Incentive Cashback £: | This incentive is not available with this account. | ||
| Incentive Moneyback: | There are no moneyback incentives with this account. | ||
| Incentive Pref Rate/Deals: | 0% overdraft limit match For new customers who transfer their current account to Barclays and pay in at least £1,000 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £5,000 for 12 months. For new customers who transfer their current account to Barclays and pay in between £500 and £999 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £1,500 for 6 months. | ||
| Incentive Disc/Vouchers: | There are no incentives of this type offered. | ||
| Incentive Breakdown: | There are no breakdown incentives with this account. | ||
| Incentive Protection: | There are no protection incentives with this account. | ||
| Incentive Other Insurance: | There are no other insurance incentives available. | ||
| Incentive Savings Sweep: | There are no savings sweep incentives with this account. | ||
| Incentive Currency: | Commission-free travel currency with free home delivery. | ||
| Incentive Other: | "Instant Banking" - Allows any cheque be drawn upon instantly, and free of charge. Clearance still takes five days, but can use funds as soon as the cheque is deposited. (Subject to status and limit). | ||
| Facilities | |||
| Internet Banking: | Everyone who opens a current account with Barclays can register for the Online Banking service. The customer can pay bills, check their statements, open an e-savings account or apply for a Barclayloan or an overdraft. | ||
| Branch Banking: | This account can be operated through a branch. | ||
| Telephone Banking: | The Telephone Banking fast-track service is available 24 hours a day, 7 days a week. A pre-recorded voice will take the customer through the instructions and the service provides statement requests, balance requests, pay bills or transfer money. The customer can also speak to an advisor by pressing the star button on their phone from 7am-11pm, 7 days a week. Through this service they can make amendments to standing orders and direct debits, order cheque books, stop cheques, order travellers' cheques, arrange a Barclayloan or personal overdraft, open a new current or savings account or order brochures on other services. | ||
| Post Office Banking: | Barclays customers in England and Wales can make the following transactions at a Post Office branch: withdraw funds using their card and PIN, make a cash deposit using their card and pay in cheques with a personalised paying in slip and deposit envelope from their Bank. | ||
| Standing Orders: | Standing order facilities are available. | ||
| Direct Debits: | Direct Debit facilities are available. | ||
| BACS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| CHAPS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| Bill Payment Service: | Bill payment service is available. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Min Additional Deposit: | Unlimited | ||
| Minimum Withdrawal: | Unlimited | ||
| Withdrawal Restrictions: | Withdrawal Conditions - None. | ||
| ATM Card: | An ATM card is available. | ||
| ATM Mini Statements: | Mini statements are available through the ATM. | ||
| Max ATM Withdrawal: | A maximum of £300 withdrawal per day is allowed. | ||
| Cheque Book: | A cheque book is available. | ||
| Cheque Guarantee Card: | A cheque guarantee card of £50 or £100 can be issued. | ||
| Cheque Clearance Time: | Cheque clearance takes three days, but cannot be drawn against for five working days. "Instant Banking" - Allows any cheque worth up to £1000 to be drawn upon instantly, and free of charge. Clearance still takes five days, but the customer can use funds as soon as the cheque is deposited. | ||
| Debit Card: | A VISA debit card is available. | ||
| Debit Card Type: | A VISA debit card is available. | ||
| Passbook: | A passbook is not provided with this account. | ||
| Text Messaging Events: | Active on-line banking customers who make regular payments to third parties, can receive free SMS alerts when new on-line third party payments are set up on their account. Allowing them to alert Barclays immediately if the payment is suspicious. | ||
| Text Mini Statements: | Text message mini statement are not available. | ||
| Travel Ins Winter Sport: | No travel insurance incentives associated with this account. | ||
| Overdraft | |||
| Overdraft Facility: | An overdraft facilities are is available. | ||
| Interest Free O/D Limit: | An interest free overdraft facility is not available. | ||
| Automatic O/D Facility: | There is no automatic overdraft facility available. | ||
| Overdraft Buffer Limit: | An overdraft buffer limit of £5 is available if the customer goes overdrawn above an agreed overdraft limit or overdrawn without an agreed overdraft limit. | ||
| Overdraft Arrangement Fee: | No overdraft arrangement fee is made. | ||
| Auth O/D Rate-APR/EAR: | The authorised overdraft rate is 17.9% EAR. | ||
| Mthly Auth O/D Charge: | No monthly authorised overdraft charge. | ||
| Unauth O/D Rate-APR/EAR: | The unauthorised overdraft rate is 27.5% EAR. | ||
| Mthly Unauth O/D Charge: | No monthly unauthorised overdraft charge. | ||
| Overdraft Letter Charge: | There is no charge for an overdraft letter. | ||
| Rates | |||
| Headline Interest Rate: | The headline interest rate is 0% AER. | ||
| Rate Guarantee: | There are no interest rate guarantees. | ||
| Introductory Bonus: | No introductory bonus payable. | ||
| Amount of Bonus: | The bonus amount is - 0% | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Non Standard Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 0.0% 0.00% 0.00% | ||
| Gross AER - £1/£50: | 0% | ||
| Gross AER - £500: | 0% | ||
| Gross AER - £1,000: | 0% | ||
| Gross AER - £2,500: | 0% | ||
| Gross AER - £5,000: | 0% | ||
| Gross AER - £10,000: | 0% | ||
| Gross AER - £25,000: | 0% | ||
| Gross AER - £50,000: | 0% | ||
| Gross AER - £100,000: | 0% | ||
| Interest Variant: | No | ||
| Max Balance High Interest: | Unlimited | ||
| Fee & Charges | |||
| Free Banking: | Free banking is provided. | ||
| Monthly Charge: | No monthly service charge is made. | ||
| Standing Order Charge: | There is no charge for payment of a standing order mandate. | ||
| S/O Setting Up Charge: | There is no charge for setting up a standing order mandate. | ||
| S/O Amendment Charge: | There is no charge for amending a standing order mandate. | ||
| S/O Cancellation Charge: | There is no charge for cancelling a standing order mandate. | ||
| Unpaid S/O Charge: | The charge for an unpaid standing order is £8.00. | ||
| Direct Debit Charge: | There is no charge for payment of a direct debit mandate. | ||
| Debit card charge Europe: | There is no additional charge on debit card transactions abroad. | ||
| D/D Setting Up Charge: | There is no charge for setting up a direct debit mandate. | ||
| D/D Amendment Charge: | There is no charge for amending a direct debit mandate. | ||
| D/D Cancellation Charge: | There is no charge for cancelling a direct debit mandate. | ||
| Unpaid D/D Charge: | The charge for an unpaid direct debit mandate is £8.00. | ||
| CHAPS Charge: | The charge for Electronic/Telegraphic transfers is £20. | ||
| Stopped Cheque Charge: | A charge is made for a stopped cheque of £10. | ||
| Unpaid Cheque Charge: | The charge for an unpaid cheque is £8.00. | ||
| Transaction Charge: | No transaction charge is made. | ||
| Unauth Transaction Fee: | If customers exceed their overdraft limit a £22 charge will be applied, customers will have five days to use any amount up to their 'Personal Reserve' limit (limit subject to status). Subsequent withdrawals that exceed the Personal Reserve limit will be charged £8 per transaction. | ||
| ATM Withdrawal Charge: | Cash withdrawals from over 32,000 cash machines in the UK are free. | ||
| ATM charge Europe: | There is a transaction fee of 2.00% (min: £1.50; max: £4.50) of the transaction amount abroad. Customers will not pay this fee if they use a cash machine in the Global Alliance, these are: Westpac (Australia, Fiji and New Zealand), Scotiabank (Canada, Guatemala and Mexico), BNP Paribas (France), Deutsche Bank (Spain and Germany) and Bank of America (USA). | ||
| A/c Transfers Int. Free: | 0% overdraft limit match For new customers who transfer their current account to Barclays and pay in at least £1,000 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £5,000 for 12 months. For new customers who transfer their current account to Barclays and pay in between £500 and £999 per month, Barclays will match their 0% overdraft at their previous bank, up to a limit of £1,500 for 6 months. . | ||
| Bankers Draft Charge: | The charge for a bankers draft is £10. | ||
| Bankers Reference Charge: | The charge for a bankers reference is £10. | ||
| Copy Cheque Charge: | There is no charge for a copy of a cheque. | ||
| Duplicate Stat Charge: | There is a charge of £5 (per request per account) for a copy statement. | ||
| Special Clearance Charge: | The charge for a Barclays Express Cheque Service is £15. | ||
| Forex fee % Europe: | There is a conversion fee of 2.75% of the transaction amount. | ||
| Other Charges: | There are no other charges. | ||
| Compare | |||
| Products: | www.barclays.co.uk Current Accounts | ||
