Barclays Current Accounts Guide
Barclays Bank is one of the UK's most recognisable high street banking chains, offering a wide range of personal, business and commercial banking to its customers.
The bank has over 1700 UK high street branches (including former Woolwich branches) and millions of people have at least one banking product with Barclays, be it a current account, savings account, mortgage, loan or credit card.
Barclays’ most basic current account, the Barclays Bank Account, comes with a Visa Debit card, and offers customers an overdraft at a typical equivalent annual rate (EAR) of 19.3%. You can also register for telephone and online banking with this account. You can also access your account through Mobile Banking and get text alerts about your account sent to your mobile.
If it is a packaged account you are after, which offers additional benefits, then Barclays provides both the Current Account Plus and Additions Active accounts. The Current Account Plus, which costs £6.50 a month, comes with mobile phone insurance, an Identity Support Advice line, extended warranty cover and an interest-free overdraft up to £300.
The Additions Active account costs a steeper £15 a month, but comes with £800 of annual benefits including worldwide multi-trip family travel insurance, RAC breakdown cover, mobile phone insurance and an interest-free overdraft up to £300. Remember that if you are paying for a packaged account, make sure you aren’t already paying for any of the benefits that are on offer. And if you don’t make full use of what’s on offer, then it may be worth switching to a non-fee charging account.
Barclays also offers student and graduate accounts, young persons’ accounts and currency accounts.