What is a Reserve and a Reserve Usage Fee?
Reserve is designed to prevent transactions being returned unpaid when you have exceeded your agreed overdraft limit or you go overdrawn. Even if you don't have an overdraft limit we'll continue to make payments up to the amount of your Reserve.
No interest is applied on the balance within your Reserve but a Reserve Usage Fee of £22 is charged for each five consecutive working day period when you use the Reserve.
No interest will be charged on the Reserve. 0% EAR typical*. The Reserve is repayable on demand. The maximum Reserve is £2500 subject to status.
Find out more about Personal Reserve from Barclays.
* EAR means Equivalent Annual Rate
