Barclays Bank Account
When you add one or more Packs to your Barclays Bank Account, you’re eligible to apply for an overdraft, of which the first £200 will be fee-free (subject to status and application). If you already have an arranged overdraft, the first £200 will become fee-free.
Fee-free overdraft up to £200 (subject to application and status) while you stay within that limit. £12.50 per month Tech Pack fee.
If you use an overdraft of £1,200, you’ll be charged £1.50 a day when you use it.
Daily fees are calculated on the daily overdraft balance. When you go over your £200 fee-free amount, daily fees are charged on the whole balance of your arranged overdraft. Daily fees are:
Up to £200 – no fee
Over £200 up to £1,000 – 75p a day
Over £1,000 up to £2,000 – £1.50 a day
Over £2,000 – £3 a day
The maximum arranged overdraft is £5,000
Accounts not eligible for fee-free overdraft
Overdrafts aren’t available on Barclays Basic Current Accounts, but you can still enjoy the other benefits of the Tech Pack.
When you add a pack to a Student Additions Account, Higher Education Account or Premier Current Account, no additional fee-free overdraft amount is available because these accounts already offer preferential overdraft terms.