Helping graduates with life after uni
Whether you’re looking to start your first job, or travel the world, this account is available for three years after you graduate – which is the perfect next step after you’ve completed your studies.
Who can apply?
If you have a student account with us and have recently completed your studies, sit back and relax. You don’t need to apply, we will automatically move you to a Higher Education Account if you meet the eligibility criteria below. We will let you know 2 months before and then move your account and transfer over your existing overdraft if you have one.
As a graduate, you can apply for an arranged overdraft up to a maximum of £1,500 (subject to application, financial circumstances, borrowing history and lending criteria).
No interest is payable on arranged overdrafts.
Overdrafts are repayable on demand and interest charges are variable.
You can contact us at Barclays, Leicester, LE87 2BB
If you don’t already have an account with us, you can apply if you
When you apply, we’ll ask to see your degree certificate and 2 original documents (not photocopies) from this list.
An overdraft limit is a borrowing facility which allows you to borrow money through your current account.
There are two types of overdraft – arranged and unarranged.
An arranged overdraft is a pre-agreed limit, which lets you spend more money than you have in your current account. It can be a safety net to cover short-term outgoings, like an unexpected bill. It is not suitable for longer-term borrowing. We charge you for every day of the month that you use your arranged overdraft where you go beyond any interest free limit you may have.
An unarranged overdraft is when you spend more money than you have in your current account and you have not agreed an arranged overdraft limit with us in advance or you have exceeded an existing arranged borrowing facility.
You can only make payments from your account if you have enough money in your account or through an arranged overdraft to cover them. Barclays will always attempt to return any transaction that could take your account into an unarranged overdraft position. Having enough money in your current account or having an arranged overdraft limit could help prevent payments such as priority bills from being returned unpaid.
On very rare occasions we may be unable to return a payment (e.g. due to an offline transaction made on a flight) and the account may enter an unarranged overdraft. No additional charges will be applied in this situation.
Information regarding the conduct of your account may be sent to credit reference agencies. As with any debt or borrowing, this may affect your ability to get credit in the future.
Our Eligibility tool can show you the likelihood of getting an arranged overdraft and the overdraft calculator lets you see how much it could cost to use an overdraft. To use these tools and find out more about overdraft charges, please visit www.barclays.co.uk/youroverdraft.
If we hold a valid mobile number for you, we’ll automatically enrol you to receive relevant alerts regarding borrowing and refused payments, to help you avoid charges. You can also choose to receive additional alerts, including Low Balance and Large Credit or Debit. Tailor your alerts to your personal needs online, by phone or in branch. To find out more, visit Barclays.co.uk/alerts.
A safety net for unpredictable events. You could have peace of mind today. We provide a range of cover that's designed to offer protection when you need it.
Insure your devices and gadgets, and get repairs at your door.
Make sure you’re covered – don’t wait until something happens to your mobile phone or gadgets before checking if you’re insured.
Mobile and gadget insurance administered by Likewize and underwritten by Aviva Insurance Limited ("Aviva"). You’ll need to have an eligible current account with us. Terms, conditions and exclusions apply.
Get cover for £14.50 a month
Worldwide, multi-trip cover – featuring our Which? Best Buy Travel Insurance June 2024. You get cover for costs, lost bags, cancellations and more with Aviva. And you get RAC breakdown cover in the UK and Europe too.
Six-month minimum term – T&Cs apply.
You’ll find full details about banking with us and the terms and conditions of our Higher Education Account in the following PDFs:
Terms and conditions for personal customers
Fee Information Document - Higher Education Account [PDF, 348KB]
Current accounts – our bank charges explained [PDF, 1669KB]5
Questions about our Higher Education Account? We’re here to help.
We’re online 24/7. Call us instead if you have a question that we’d need to check your identity to answer.
Tweet @BarclaysUKHelp and we’ll reply within 2 hours. Call us if you have a question that we’d need to check your identity to answer.
New to us? Call 0345 600 4545, Monday to Friday, 8am-6pm, and Saturday, 9am-5pm. If you already bank with us, call anytime on 0345 734 53456.
Make the most of your money with a little planning
Book a session with our Barclays Money Mentors team to learn about the basics of budgeting and make your day-to-day money management a little easier.
Barclays Bank UK PLC and Barclays Bank PLC are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Barclays Insurance Services Company Limited and Barclays Investment Solutions Limited are each authorised and regulated by the Financial Conduct Authority.
Registered office for all: 1 Churchill Place, London E14 5HP
