How Personal Reserve works

What you get:

• An agreed Reserve amount up to which we’ll continue to make payments on your account
• No interest payments on your Reserve balance
• One Reserve Usage Fee for each period of five consecutive working days you remain in Reserve, no matter how many transactions you make within your Reserve limit
• Set fees for transactions that would take you beyond your Reserve

Help when you need it most

Your Personal Reserve gives you an additional, agreed amount by which you can go overdrawn or exceed an overdraft limit. You’ll know the limit we’ll make payments up to, when we’ll return transactions as unpaid – and exactly how much you’ll be charged.

A set Reserve Usage Fee

No interest is payable on any amount in your Personal Reserve. You’ll incur one Reserve Usage Fee for each five-working-days period from the day you start using it, regardless of how many transactions you make.

Making payments

We’ll continue to make payments from your account, up to the limit of your Personal Reserve.

If you exceed your Reserve limit, you’ll incur a set fee for each returned or guaranteed transaction (up to a maximum of five fees a day).

Ready when you are

The Personal Reserve service is available to all personal sterling bank account holders subject to status.

Please not: Personal Reserve is not intended for regular use. If you require longer term credit, we have other financing options that may suit your needs.

To find out more about Personal Reserve or our other financing options, please contact your Relationship Manager or call us on +44(0)16274 684 350†

 

† Lines are open 9am to 5pm UK time Monday to Friday and 8am to 5pm UK time Saturday, Sunday and UK bank holidays.UK bank holidays. Calls may be recorded for security reasons and so that we may monitor the quality of our service, Call costs may vary. Please check with your telecoms provider.

The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further Information on these companies and Barclays Wealth please read the Important Information.

Products and services on this site may not be available in certain jurisdiction. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.