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Consumer Moneyfacts Awards 2013 – current accounts
We’re pleased to announce that we won Student Account Provider of the Year.
We were also nominated for 6 other awards, including:
- Online Banking Provider of the Year
- Current Account Provider of the Year
Read more about the Moneyfacts Awards and nominations
Need help with jargon?
Here are the five definitions that we think you'll find most helpful.
- Overdraft interest
This is the interest charged for any overdrawn balance over a set period of time. Overdraft (or debit) interest is usually calculated each day and then applied monthly. We notify customers 14 days before any overdraft interest is actually charged to their account.
- Multi Trip Travel Insurance
If you travel several times in the year, a multi-trip annual policy could be a better value option than single trip travel insurance. You’ll be protected all year round for medical emergencies, personal accident, personal liability and lost baggage.
- Contactless payment technology
A new, quick and easy way to pay for purchases of £20 or under. Simply hold your Barclays debit or credit card against the reader at the till. Enjoy the same fraud protection as Chip and PIN. All new Barclays debit or credit cards now come with integrated contactless payment technology.
- Overdraft Limit
An overdraft is a pre-arranged facility that allows you to withdraw money from your account, in excess of your credit balance.
Need other terms explained? See our Other accounts Jargon Buster