Top up an existing loan
Need a little extra?
LOANS
If you have a Barclayloan but want more money, you could top it up or get another loan. Subject to application, financial circumstances and borrowing history.
What is a top-up loan?
A top-up loan is a new loan, paid back over a new term. We close your existing loan and open one new combined one that includes what was left of your existing loan plus the extra amount you want to borrow.
Compare your options and see if you can apply for a top-up loan in the Barclays app or Online Banking(1).
Top-up loan:
Close your existing loan and open a new one for the combined amount. You'll have one loan and pay it back in monthly payments.
Additional loan:
Open a new loan. Your loans will stay separate and you'll pay them back in different monthly payments.
Why get a loan with us
See your rate
We’re different to most other lenders – in many cases we’ll give you a personalised price quote up front. You can apply for up to £50,000, you’ll see the rate you’ll actually get, and the quote won’t affect your credit score.
Money straightaway
You could get your money straightaway, as long as you
- Apply online or in your app and your application is approved
- Sign your agreement online or in your app between 5am and 11pm
No early repayment fees
You can repay your loan early, in part or in full, whenever you like. If you repay it in full, you’ll pay the outstanding balance, as well as any other interest that’s due.
Fixed monthly repayments
Your repayments will be fixed, and you can choose your payment date, to help you budget.
Frequently asked questions
Top up your Barclayloan
Topping up your Barclayloan could be a good option if you want to borrow more money.
If you're registered for Online Banking or the Barclays app and you already have a loan with us, you could top it up online up to £50,000. The amount will depend on your current status and is subject to application. Topping up gives you the cash you need – whether it’s for a new car, renovations or consolidating existing debts.
How topping up works
When you top up a loan, we don’t actually add money to it. Instead, we set up a new loan for the remaining balance plus the extra amount you want to borrow.
For example, if your current loan is £5,000 and you want to borrow an extra £2,000, we’ll open a new loan for £7,000 and pay off the first loan, leaving you with the remaining amount.
The new loan may have a different interest rate from your initial loan, and the term might be different, too. This may mean that you’d pay more interest than you did before.
You could take out an additional loan
There may be times when you don’t want to top up an existing loan. This may be because you took your current loan for a specific reason and want to keep the repayments separate. In this case, you could consider taking out a second Barclayloan and having 2 separate repayments.
Why top up your Barclayloan?
You could borrow up to £50,000, depending on your circumstances. This amount includes your existing loan. Check now to see if you have a provisional loan limit in Online Banking or the Barclays app(1).
One fixed, monthly repayment to help you budget
Loans are available for repayment terms of up to 5 years.
Repaying your loan early
You can repay your loan early, in part or in full, whenever you like – there’s no minimum repayment period.
If you repay it in full, you’ll pay the outstanding balance, as well as any other interest that’s due. You can see what your full early payment amount would be at any time in Online Banking or your Barclays app.
You can use your loan for almost anything, apart from
- Business reasons
- Investments, including buying stocks and shares
- Timeshares
- Purchasing property (home improvements are fine)
- Gambling-related expense
- Repaying CCJs (County Court Judgments)
- A purchase made by combining this loan with any others
As a lender, we have a responsibility to act fairly and responsibly. This note sets out some of our key responsibilities and what we ask of you, to ensure that the relationship works well for both of us.
- We will lend responsibly and aim to provide a product that is affordable for you.
- We will provide you with information about our products and services and how they work, in a clear and understandable way, so that you can decide what’s best for you and your needs.
- We will endeavour to make sure our products and services offer, wherever possible, the flexibility to meet your needs.
- We will treat you fairly and reasonably at all times and make sure that you are provided with a high level of service.
- If you tell us about any inaccuracies, for example around the personal information we hold about you, we will act quickly to put it right.
- We will always aim to help you if we see, or you tell us, that you are having trouble financially. We will seek to understand your overall circumstances, try and identify options that you can afford and where appropriate, provide a reference to free debt advice.
What we ask of you
- We ask you to think carefully about whether you can afford to repay the money you want to borrow and to be open in your dealings with us.
- Take care of any cards, PINs, online log-in details and other security information to help prevent fraud and help us to protect your accounts.
- Tell us as soon as possible if your card has been lost or stolen, or if you know or suspect someone is misusing your confidential information e.g. your PIN or online log-in details.
- Carefully check your account statements to make sure they are accurate. If anything isn’t right, please get in touch with us.
Please let us know if
- Your contact details change, so we can keep our records up to date.
- Your circumstances change, particularly if what’s happened is likely to cause you difficulties in managing your account or financial problems.
- You think that you won’t be able to keep up with your repayments. The sooner you do this, the more likely it is we’ll be able to find a way to help you.
We would also encourage you to refer to the terms and conditions associated with your current account, credit card or personal loan.
How to apply
See if you can apply for a top-up loan in Online Banking – or the Barclays app if you’re registered(1). Just make sure you’ve read the information on this page first.
Lending and guidance
We have lots of additional information, loan options and tools to help you.
Consolidate your debt
Feel optimistic about your financial future
Take control of your borrowing by getting all your debts in one place with a Barclayloan.
Home improvement loan
Spruce up your property Whether you’d like a new kitchen or want to give your lounge a new lease of life, you could get more from your home.
Personal loan
Want to know your loan rate?
If you have a current account or Barclaycard with us, you can check to see if you have a provisional loan limit before you apply – without affecting your credit rating.
Other ways to borrow
Want to know your loan rate?
There might be other ways to borrow that are better for you than a loan, depending on your needs.
What is a credit rating?
Discover how to improve yours
Learn why your credit rating is important, and how to improve it so you’re more likely to be considered for credit in future.
Managing money problems
Worried about your finances?
Our practical advice can help you tackle money troubles, improve your financial habits and find the support you need.
Know your loans
Learn about secured and unsecured loans
This guide to borrowing covers some of the key factors you should consider when choosing the best loan for your needs.
Understanding loan rates
What's an APR?
We explain what APR means – and the difference between representative and personal APR.
Subject to application, financial circumstances and borrowing history.
Get help or contact us
Choose the best option to suit your needs. Or explore other ways to get help .
Send us a message
Check to see if you’re eligible to apply for a loan in Online Banking or your app now.
Please note that we might not have all the information we need to show you a provisional loan limit.
Call us
If you have any questions, you can speak to a lending specialist on 0345 734 5345
We're here Monday to Saturday from 8am to 9pm, and bank holidays from 8am to 6pm. Call charges .(2)
Visit us in person
We’re on hand if you’d like to discuss your options in person. You can find your nearest branch and opening times here.
Get the Barclays app
Join the 10 million Barclays app customers. If the account’s just for you and you’re over 18, you can use our app.
Download the Barclays app
The quickest way to open a new bank account is using our app. Scan the QR code using the camera on your mobile device to download the Barclays app.
If you’re using your mobile device now, download it from your app store below.
Important information
You need to be registered for Online Banking or the Barclays app. It usually takes less than 10 minutes to apply, but if you’re not registered it will take longer.
You might not be able to apply for a Barclayloan, or see your personalised price quote or provisional loan limit online or in your app, because certain restrictions apply. If this happens to you, please contact us to discuss your options.(Return to reference)
To maintain a quality service, we may monitor or record phone calls.(Return to reference)