How do I get, or increase, an arranged overdraft?
You may be able to arrange an overdraft or increase an existing one in Online Banking or the Barclays app (if you're registered and have a provisional overdraft limit), over the phone or in branch.
See 'Options to apply or increase your overdraft' below for more details.
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 www.barclays.co.uk/alerts
You may be able to arrange an overdraft or increase an existing one in Online Banking and the Barclays app (if you're registered and have a provisional overdraft limit), over the phone or in a branch.
The Barclays app and Online Banking
If you have the Barclays app, log into the app and select ‘Products’ then select ‘Overdraft’.
To do this online, log in and select the ‘Manage accounts’ menu. Next choose ‘Account’, then ‘Manage my overdraft’.
If you’re registered for Telephone Banking as a Personal customer, you can apply by calling 0345 734 5345* .
To arrange for or increase an overdraft in to a branch, you’ll need to bring your previous two months/eight weeks' payslips and a recent statement for the account your income is paid into, if it's not a Barclays account.
Take a look at your personal overdraft options
You’ll need to be aged 18 or over and a UK resident to apply for a personal arranged overdraft, and hold an eligible Barclays account. Overdrafts aren’t available with a Cash Card Account or savings accounts, and are subject to application, financial circumstances and borrowing history.