Accounts

Prestige Current Account

Prestige Current Account

Because you have earned it, Prestige Current account offers you:

  • A Cheque Book - giving you the convenience of making payments at any time or place
  • A single monthly fee-giving you the convenience of a fixed fee that covers Prestige membership, account maintenance and activity fees.
  • Credit interest-making the money you leave in your account work for you, by gaining interest.
  • Loan facilities-Through this account and according to your income level, you can apply for either a Prestige Current Loan.
  • Funeral Expenses insurance: Family gets up to K15,000 upon the death of the account holder.
  • Travel Insurance-Up to $60,000 on International Travel.
  • Hospitalisation Cash Plan - up to K250.00 per day in medical expenses.
  • Free ATM Transactions.
  • Visa Electron Debit Card giving you access to Local Barclays ATMs and International ATM with VISA sign.

If you have a minimum net monthly income of K8,000.00 you qualify for this account.

Bank Account

Bank Account

The account keeps your money safe and easily and readily accessible. You can conduct your day to day banking through:

  • Visa Electron Debit ATM Card: giving you access to your money from your account as well as any others you may have with Barclays, through our ATM network & any other local & international ATMs with Visa sign-24 hours a day, 7 days a week and through Merchant Point of Sale terminals.
  • Standing Orders-giving you convenience of paying your regular monthly bills
  • Cheque Book-giving you the convenience of making payments at any time or place.
  • Overdraft-giving you the flexibility of paying nothing until you actually use your overdraft after which you are charged interest on the amount you were lent.

Standard Bonus Savings

Standard Bonus Savings

Do you want to really earn from your savings? Then the Bonus savings account will give you the reward you deserve.

Features:

  • Quarterly bonus-100% of interest earned if no withdrawals are made during the quarter.
  • Monthly interest-calculated daily and paid every month.
  • Tiered interest rate-The more you save, the more you earn. Even more reward for the diligent saver.
  • No fees-no charges levied on the account provided you maintain a credit balance and do not make more than one withdrawal per quarter.
  • ATM card-You can have instant access to your cash in case of emergency

If you can afford an opening and operating balance of K1,000.00, this account is right for you.

Fixed Deposit Accounts

Fixed Deposit Accounts

This account gives you the luxury of having a guaranteed return on your money with a predetermined interest and payment date. You can therefore plan your finances for the future. The recommended requirements are:

  • Kwacha Fixed Deposit: K35,000.00 minimum opening and operating balance
  • United States Dollar Fixed Deposit: $70,000.00 (K378,000.00) minimum opening and operating balance
  • Tiered interest rates based on balance and tenure, meaning that the more and or longer you save the higher the interest earned.
  • Flexible investment tenures. The term of the deposit can be up to 1 year.
  • Interest is calculated on the monthly cleared credit balance and paid upon maturity.
  • No fixed or penalty charges levied on the account.
  • Interest is forfeited if investment is reduced before maturity.
  • Flexibility to set up different balances with different tenors on the same account. This means that you are able to view all your investments on one statement.
  • Flexibility to obtain cash covered overdrafts against your investments of up to 95%

Higher interest rates depending on proposition:

  • Standard Fixed Deposit Accounts
    • Entry level interest
  • Prestige Fixed Deposit Accounts
    • Interest: 1% above Standard Fixed Deposit across all tiers
  • Premier Fixed Deposit Accounts
    • Interest: 2% above Standard Fixed Deposit across all tiers

Standard Bonus Savings Account

Standard Bonus Savings Account

Influence the future by starting to save today. Get rewarded with a 100% bonus interest if you do not disturb your savings for a quarter. Your savings are additionally rewarded through tiered interest rates. The features include:

  • Minimum operating balance that encourages you to save and earn more interest.
  • Monthly interest calculated on the daily cleared credit balance and paid every month
  • No fixed charges levied on the account provided you do not make more than one withdrawal per quarter.
  • Penalty fee if you make more than one withdraw in a quarter to encourage you to maintain your savings
  • Flexibility of access through an option of a transfer or debit card that gives you instant access to your cash in case of emergency
  • Higher minimum opening and operating balance and interest rates depending on proposition:
    • Standard Bonus Savings Accounts
      • Minimum opening and operating balance: K1,000.00
      • Entry level interest
    • Prestige Bonus Savings Accounts
      • Minimum opening and operating balance: K5,000.00
      • Interest 1% above Standard Bonus Savings across all tiers
    • Premier Bonus Savings Accounts
      • Minimum opening and operating balance: K100,000.00
      • Interest 2% above Standard Bonus Savings across all tiers

Prestige Bonus Savings Account

Prestige Bonus Savings Account

This offers the customer exclusive access to nine dedicated Prestige centres across the country strategically located in key business centres with access to ample parking and the convenience of extended banking hours during the week and weekends. The features include:

  • Free issue and replacement of debit card
  • Free monthly activity on credits and debits
  • Free ATM transactions
  • Cheque Book
  • Free over the counter transactions
  • Access to Mobile and Internet Banking
  • Electronic statements
  • Free Funeral Protection Plan payout of K12,000.00
  • Higher lending criteria
  • Free Banking if the customer has a minimum of K200,000.00 across all accounts held with Barclays Bank Zambia Plc
  • K155.00 monthly management fee if minimum balance is below K200,000.00
  • Pre-approved overdraft of K250.00 giving you the convenience to manage payments that may fall short
  • Access to the Platinum Debit Card with worldwide alliance partners and online payment capability
  • Free Travel Insurance offering:
    • Medical & related expenses and assistance
      • Injury is covered up to $60,000.00
      • Illness is covered up to $60,000.00
      • Follow-up treatment in Zambia is covered up to $1,500.00
      • Medical evacuation, repatriation or transport to medical centre is covered up to $6,000.00
      • Return of mortal remains/burial expenses is covered up to $6,000.00
    • Travel-guard assistance services
      • Cash advances
      • Consular referral
      • Emergency travel and accommodation arrangements
      • Transmission of urgent messages
      • Legal assistance abroad $500.00
      • Free curtailment of journey compensation ($65.00 excess) is covered up to $1,000.00
      • Free compensation on lost baggage, trade samples, personal effects, travel documents, money, credit cards ($65.00 excess) is covered up to $500.00
      • Compensation on baggage delay ($65.00 excess) is covered up to $200.00
      • Compensation for travel delay on incurred expenses up to an amount of (4 hour excess) is covered up to $100.00
      • Access to the Prestige proposition requires a minimum opening and operating balance of K200,000.00 across all accounts held

The Ultimate Account

The Ultimate Account

This account is for customers that have a regular monthly income of K1,000.00 or above. The account also offers a savings option and at the same time provides access to credit in addition to the basic banking. The features include:

The features include:

  • No minimum operating balance
  • A fixed monthly management fee of only K55.00
  • Free issue and replacement of debit card
  • Free monthly activity on credits and debits
  • Free ATM transactions
  • Access to Mobile and Internet Banking
  • Electronic statements
  • Free Funeral Protection Plan payout of K4,000.00
  • Cheque book
  • Lending
  • Link to save as you earn account

Pang'ono Pang'ono and Junior Mega Saver

Pang'ono Pang'ono and Junior Mega Saver

These account provide an investment alternative with monthly standing order or transfers from a primary account. The features include:

  • Credit monthly standing order from primary account
  • No minimum operating balance
  • Tiered interest rates based on balance, meaning that the more and or longer you save the higher the interest earned
  • Interest is calculated on the monthly cleared credit balance and paid half yearly
  • No fixed or penalty charges levied on the account.
  • Flexibility to withdraw or deposit as you wish.
  • Peace of mind and you can evidence your investment growing, knowing it will always be safe and secure