7 years ago by Nigel Kags and 3046 Views
To open a Help to Buy account with Barclays Bank is very simple. The minimum opening deposit needed is £1. Otherwise, if the Help to Buy ISA is being funded by a cash ISA transfer-in, there is no minimum opening deposit required. You can start the process of opening an account by verifying your eligibility. To be eligible you need to be:
- a resident in the UK for tax purposes
- 16 yrs of age or above
- a first-time buyer
There are different ways to apply whether you already bank with Barclays or not. To apply, you’ll need your National Insurance number at hand. The procedures for the ISA process with Barclays Bank are as follows:
- If you already have a bank account, you can open a Help to Buy ISA account online. You just have to register online, provide your information and confirm your ID to open your Help to Buy ISA account.
- If you are new to Barclays, they advise new clients applying in a branch should have their valid and original necessary documents at hand for opening an account. You will need one valid ID and another document that serves as proof for your current UK address.
To apply for online banking and open a Help to Buy account, register
here. Find out more information by visiting Barclays
Help to Buy ISA page.
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