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Barclays Business Banking

4.3(7,542 reviews)
FSCS ProtectedDigital LeaderInnovation Award

Overview

Barclays combines traditional banking strength with modern technology, offering comprehensive business banking services with excellent digital capabilities.

Banking Features

business Account

personal Account

savings Account

current Account

multi Currency

overdraft Facility

business Loans

credit Cards

debit Cards

mobile App

online Banking

branch Network

atm Network

phone Support

relationship Manager

Pros

  • Excellent mobile and online banking
  • Competitive fee structure
  • Strong tech integration
  • Fast account opening
  • Good customer support

Cons

  • Reducing branch footprint
  • Some services require branch visit
  • International services limited
  • Complexity for simple needs

Best For

Tech-savvy businesses
Digital-first companies
Startups and scale-ups
Businesses prioritizing online banking

FSCS ProtectedFCA & PRA Regulated

Fees

monthly Fee

£5.00

transaction Fees

38p per transaction after 25 free

cash Withdrawal Fee

Free at Barclays ATMs

international Transfer Fee

£6-£25

overdraft Rate

6.5% - 9.5% APR

atm Fee

£1.50 at other banks

Interest Rates

savings Rate

1.4% - 2.4% AER

business Savings Rate

1.7% - 2.9% AER

overdraft Rate

6.5% - 9.5% APR

loan Rate

5.8% - 11.5% APR

Regulation

Regulators

FCAPRA

Deposit Protection

FSCS Protected

Protection Limit

£85,000 per person

Services

Branch Count

650

ATM Network

3100

Support Hours

24/7 phone and chat

Account Opening

3-7 days

Ratings Breakdown

service
4.2
fees
4
app
4.5
reliability
4.4

Compare with Other Banks

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