Premier Current Account
More than an everyday bank account
No fees to open or use your Premier Current Account
Access Premier products and services, including Barclays Avios Rewards, which lets you collect Avios to put towards your next trip with British Airways, for £12 a month. Eligibility and conditions apply1
Exclusive account benefits, including a black debit card with up to £1,000 daily cash machine withdrawals2
Access to our dedicated Premier relationship team, 24 hours a day, seven days a week
Are you eligible for Premier?
To join Premier Banking, you’ll need to have
An annual gross income of £75,000 or more paid into a Barclays current account
A minimum of £100,000 saved or invested with us
We’ll review your eligibility for Premier Banking regularly. If you no longer meet the criteria, we’ll contact you to explain your options. We may also change the eligibility criteria in future.
Barclays Avios Rewards
Get closer to the travel you want
Join Barclays Avios Rewards for just £12 a month and you can start collecting Avios now to put towards your next trip with British Airways. You could collect at least 20,500 Avios in your first year – enough for a peak British Airways return economy (Euro Traveller) flight to Nice3. Eligibility and conditions apply.
We’re here when you need us
The Barclays app
Our app5 makes managing your money easy – with spending insights to help you plan, simple ways to track your payments and the option to temporarily freeze a misplaced debit card. You can also check your payment calendar to see what’s due to leave your account day by day – and much more.
Fee-free international payments
Use the Barclays app or Online Banking to send money to a wide range of countries without having to pay a charge6. You can also make international payments at a branch – with fees from £25. Just remember that the recipient’s bank may still charge a fee depending on where it’s based.
Interest-free arranged overdrafts up to £500
As a Premier customer, you can apply for an interest-free arranged overdraft up to £500. Overdrafts, including interest free amounts, are subject to application, financial circumstances and borrowing history.
How does our overdraft compare?
A good way to compare the cost of our overdraft with other overdrafts or other ways of borrowing is to look at the APR. The APR shows the cost of borrowing over a year.
- 0% interest (variable) payable on arranged overdrafts up to £500. If you use an arranged overdraft above this amount the annual rate of interest is 35.0% (variable)
- 19.5% APR Representative (variable), based on a £1,200 overdraft balance
In addition to interest charges, overdrafts over £15,000 have a set-up fee of 1.5% of the arranged overdraft limit, and a renewal fee of 1.5% of the limit will also be applied annually, unless we agree different terms with you.
You can find out more about our interest charges that apply by using our overdraft calculator – just select ‘Premier Current Account’ from the drop-down list.
For more details, see ‘General information about overdrafts’, below.
General information about overdrafts
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 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.
How to apply
It’s simple, safe and secure. If you already have an account with us, you can apply for another one in the Barclays app or Online Banking.
The quickest way to open a sole Premier Current Account is to download the Barclays app from your app store and open it to start your application. If we accept your application, you can start using your account in the app straight away.
Use the Barclays app to apply for an account if you
- Are 18 or older and not in full-time education. If you’re under 18 or a student, explore our other accounts
- Have a UK mobile number and home address. Don’t have these? You can apply online instead
- Can provide a photo ID, like a passport, driving licence or most national ID cards. Don’t have these? You can apply online instead
Premier products for you
Ignite new possibilities with a Premier Barclayloan7. See your personalised rate without affecting your credit score.
4.3% APR Representative on loans of £7,500 to £15,000 over two to five years (your rate may differ). Subject to application, financial circumstances and borrowing history.
Premier exclusives, savings and investments
Whether it’s for rainy days, dream holidays, or your future, there’s always something to save for. Our range of savings and investment options are designed to help you get there. Terms and conditions apply.
Investments can fall as well as rise in value.
Premier home insurance
Premier customers can choose between Barclays Home Insurance and Barclays Premium Home Insurance, provided by Hiscox. Terms and conditions apply8.
Need some help?
Find a branch
Drop in to see us at your nearest branch.