Barclays PLC — Capital/Financing Update 2015

Nov 19, 2015

SERIES 15-1 FINAL TERMS DATED 19 NOVEMBER 2015 (to the Base Prospectus dated 4 November 2015)

GRACECHURCH CARD PROGRAMME FUNDING PLC Issuing Entity

(incorporated under the laws of England and Wales with limited liability under registered number 6714746)

Issue of £1,500,000,000 Series 15-1 Class A Floating Rate Asset-Backed Notes £264,706,000 Series 15-1 Class D Floating Rate Asset-Backed Notes

under the Gracechurch Card Programme Funding plc medium term note programme (ultimately backed by trust property in the Receivables Trust)

Barclays Bank PLC Sponsor, Originator, Trust Cash Manager and Servicer Barclaycard Funding PLC depositor and MTN Issuing Entity

The Issuing Entity will issue:	Class A notes	Class D notes
Principal Amount	£1,500,000,000	£264,706,000
Interest rate	1 month Sterling LIBOR + 0.62%	1 month Sterling LIBOR + 0.00%
Interest Payment Dates	Each month, beginning on 15 January 2016	Each month, beginning on 15 January 2016
Scheduled Redemption Date	15 November 2018	15 November 2018
Final Redemption Date	15 November 2020	15 November 2020
Price to public	100%	100%

The notes have not been registered under the United States Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States, or to or for the account of, any U.S. Person, (as defined in Regulation S under the Securities Act ("Regulation S")) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the notes are being offered and sold outside the United States in offshore transactions to non-US Persons in reliance on Regulation S under the Securities Act. Neither the United States Securities and Exchange Commission nor any state securities commission has approved or disapproved of these notes or determined if these Final Terms are truthful or complete. Any representation to the contrary is a criminal offence.

This document constitutes a final terms for the purposes of Article 5.4 of the Prospectus Directive and is supplemental to and must be read in conjunction with the Base Prospectus. Full information on the Issuing Entity and the offer of the notes is available only on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing at the Specified Office of the Principal Paying Agent and at the registered office of the Issuing Entity during usual business hours on any weekday apart from Saturdays Sundays and public holidays and copies may be obtained from Barclays Bank PLC at the following address: Barclays Treasury 9th Floor Barclays Bank PLC 1 Churchill Place London E14 5HP (for the attention of Head of Capital Markets Execution).

Arranger Barclays

TRANSACTION FEATURES 1
MTN NOTE SUPPORTING SERIES 3
SERIES INVESTOR INTEREST SUPPORTING MEDIUM TERM NOTE 4
PARTIES 5
OTHER SERIES OF NOTES AND MEDIUM TERM NOTE CERTIFICATES ISSUED 6
PORTFOLIO INFORMATION 8
PLAN OF DISTRIBUTION 16

TRANSACTION FEATURES

Class of notes	Initial Principal Balance	£ Equivalent Initial Principal Balance	% of Total
A	£1,500,000,000	£1,500,000,000	85.00%
D	£264,706,000	£264,706,000	15.00%

SERIES OF NOTES ISSUED
Series Number:	15-1	15-1
Class of notes:	A	D
Anticipated Ratings:	Standard & Poor's AAA(sf)/Moody's	Unrated
	Aaa(sf)
Rating Agencies:	Standard & Poor's, Moody's	None
Issue Date:	20 November 2015	20 November 2015
Issue Price:	100 per cent.	100 per cent.
Net Proceeds:	£1,500,000,000	£264,706,000
Specified Currency:	Class A notes are to be denominated in	Class D notes are to be denominated in
	Sterling	Sterling
Minimum Denomination:	£100,000 and amounts in excess thereof	£100,000 and amounts in excess
	which are integral multiples of £l,000	thereof which are integral multiples of
		£l,000
Specified Denomination(s):	£100,000 and amounts in excess thereof	£100,000 and amounts in excess
	which are integral multiples of £l,000	thereof which are integral multiples of
		£l,000
Calculation Amount:	N/A	N/A
Subject to Repricing Arrangements:	No	No
Repricing Transfer Dates:	N/A	N/A
Fixed or Floating Designation:	Floating	Floating
Series Scheduled Redemption Date:	15 November 2018	15 November 2018
Final Redemption Date:	15 November 2020	15 November 2020
Initial Rate (if applicable):	N/A	N/A
Margin:	0.62 per cent.	0 per cent.
Liquidity Funding Margin (if
applicable):	N/A	N/A
LIBOR/EURIBOR:	1-month Sterling LIBOR except for the	1-month Sterling LIBOR except for the
	first Interest Period where LIBOR will be	first Interest Period where LIBOR will
	based on the linear interpolation of one	be based on the linear interpolation of
	month and two-month Sterling LIBOR	one-month and two-month Sterling
		LIBOR
Day Count Fractions:	Actual/365 (fixed)	Actual/365 (fixed)
Interest Commencement Date:	20 November 2015	20 November 2015
Floating Rate Commencement Date
(if applicable):	N/A	N/A
Interest Payment Dates:	The 15th day of each calendar month	The 15th day of each calendar month
First Interest Payment Date:	15 January 2016	15 January 2016
Interest Rate Calculations:	Condition 7(a)	Condition 7(a)
Listing:	The London Stock Exchange – Regulated	The London Stock Exchange –
	Market	Regulated Market
Additional Business Centre:	TARGET2	TARGET2
Additional Financial Centre:	None	None
Additional Interest Margin:	None	None
Indemnification Amount:	£875,600	None
Expenses Loan Amount:	N/A	N/A
Expenses Loan Margin:	N/A	N/A
Related Swap Agreement (if any)
subject to Redemption Protection
Period:	No	No
Subject to Mandatory Transfer
Arrangements:	No	No
Mandatory Transfer Date:	N/A	N/A
Internal Credit
Support-Subordination:	Class D Notes	N/A
Call Date:	Any day/Each Interest Payment Date	Any day/Each Interest Payment Date

Clearing and Settlement:	Class A Regulation S Global Note Certificates: Euroclear and Clearstream, Luxembourg
	Class D Regulation S Global Note Certificates: Euroclear and Clearstream, Luxembourg
Business Day Convention:	Modified Following Business Day Convention
Estimated total expenses related to admission to trading:	£7,250
Required Retained Principal Percentage:	15%
Controlled Accumulation Period:	Close of business on 31 October 2017 through 31October 2018
Closing Date:	20 November 2015
Form of Notes:	Registered
	Class A Regulation S Global Note Certificates registered in the name of a nominee for a Common Depositary for Euroclear and Clearstream, Luxembourg.
	Class D Regulation S Global Note Certificates registered in the name of a nominee for a Common Depositary for Euroclear and Clearstream, Luxembourg.

MTN NOTE SUPPORTING SERIES

The Series 15-1 notes will be collateralised by the Series 15-1 Medium Term Note (the "Related Medium Term Note") which shall have the following terms as set out in the Series 15-1 medium term note supplement.

and MTN Cash Management Agreement:	Series 15-1
Issuance Date:	20 November 2015
Initial Principal Amount:	£1,764,706,000
Medium Term Note Certificate First Interest Payment
Date:	15 January 2016
Medium Term Note Certificate Interest Payment Date:	The 15th day of each calendar month
Medium Term Note Certificate Interest Period:	Monthly
Required Re-investment Amount:	£7,500,000
Series Scheduled Redemption Date:	15 November 2018
Additional Early Redemption Events:	None
Additional Amortisation Periods:	Accelerated Amortisation Period,
	Optional Amortisation Period and
	Partial Amortisation Period
Listing:	None
Initial Investor Interest:	£1,764,706,000
Class A Initial Investor Interest:	£1,500,000,000
Class B Initial Investor Interest:	N/A
Class C Initial Investor Interest:	N/A
Class D Initial Investor Interest:	£264,706,000
Medium Term Note Certificate Interest Rate:	1-month Sterling LIBOR +
	0.5270%, except for the first Interest
	Period where LIBOR will be based
	on the linear interpolation of one
	month and two-month Sterling
	LIBOR

SERIES INVESTOR INTEREST SUPPORTING MEDIUM TERM NOTE

The Series 15-1 medium term note will be collateralised by the Series 15-1 Investor Interest (the "Series Investor Interest") which shall have the following terms as set out in the Series 15-1 supplement to the Declaration of Trust and Trust Cash Management Agreement.

Designation for the purposes of the Receivables Trust Deed Supplement: Series 15-1

Issuance Date: Initial Principal Amount:	20 November 2015 £1,764,706,000
First Payment Date: Class A Finance Rate:	15 January 2016 1-month Sterling LIBOR + 0.62%, except for the first Interest Period where LIBOR will be based on the linear interpolation of one-month and two-month Sterling LIBOR
Class B Finance Rate:	N/A
Class C Finance Rate:	N/A
Class D Finance Rate:	1-month Sterling LIBOR + 0.00%, except for the first Interest Period where LIBOR will be based on the linear interpolation of one-month and two-month Sterling LIBOR
Series Scheduled Redemption Date:	15 November 2018
Series Final Redemption Date	15 November 2020
Controlled Deposit Amount:	£147,058,833
Additional Early Redemption Events:	None
Series Initial Investor Interest:	£1,764,706,000
Release Date:	N/A

The Controlled Accumulation Period Commencement Date in respect of Series 15-1 Investor Interest will be the first Business Day of November 2017 provided, however, that if on each Determination Date of the Controlled Accumulation Period, its length is determined to be less than 12 months, the Revolving Period may be extended and the start of the Controlled Accumulation Period will be postponed. The Controlled Accumulation Period will, in any event, begin no later than 1 October 2018.

The "Cash Reserve Account Percentage" shall be 0 per cent. in respect of series 2015-1.

PARTIES

Issuing Entity:	Gracechurch Card Programme Funding plc.
Note Trustee:	The Bank of New York Mellon, acting through its London branch. The Note Trustee's address, at the date of these Final Terms, is One Canada Square, London E14 5AL, United Kingdom.
Principal Paying Agent and Agent Bank for the Notes:	The Bank of New York Mellon, acting through its London branch. The Principal Paying Agent will make payments of interest and principal when due on the notes. The Agent Bank will calculate the interest rates applicable to each class of notes. The Bank of New York Mellon's address in London is One Canada Square, London E14 5AL, United Kingdom.
Registrar:	The Bank of New York Mellon (Luxembourg) S.A The Registrar will maintain the Register. The Bank of New York Mellon (Luxembourg) S.A.'s address in Luxembourg is Vertigo Building – Polaris, 2-4 rue Eugéne Ruppert, L-2453 Luxembourg.
Receivables Trustee:	Gracechurch Receivables Trustee Limited
MTN Issuing Entity, Investor Beneficiary and Depositor:	Barclaycard Funding PLC
Sponsor, Originator and Originator Beneficiary:	Barclays Bank PLC
Servicer:	Barclays Bank PLC
Security Trustee:	The Bank of New York Mellon, acting through its London Branch
Swap Counterparty:	Barclays Bank PLC
Account Bank:	Wells Fargo Bank, acting through its London Branch. Wells Fargo Bank's address in London is 1 Plantation Place, 30 Fenchurch Street London EC3M 3BD
Series 2015-1 Market Repricing Agent for the Class A Notes:	N/A
Mandatory Purchaser for the Class A	N/A

Notes:

OTHER SERIES OF NOTES AND MEDIUM TERM NOTE CERTIFICATES ISSUED

Notes – Gracechurch Card Programme Funding plc and predecessors

The table below sets forth the principal characteristics of the other Note Series previously issued by Gracechurch Card Programme Funding plc and other issuing entities that are outstanding at the date of these Final Terms, in connection with the Receivables Trust and the Receivables assigned by the Originator. Barclaycard will provide, without charge, to any prospective purchaser of the notes, a copy of the disclosure document for any such other publicly-issued Note Series.

Series 11-1

Legal Final Redemption Date: 15 July 2021

Class	Principal Balance	Interest Rate
Class A1 Class A2 Class D Relevant Issuance Date: Scheduled Redemption Date: Legal Final Redemption Date:	€430,000,000 £415,000,000 £138,000,000 7 February 2011 15 January 2016 15 January 2018	1 Month EURIBOR +0.95% 1 Month Sterling LIBOR +1.10% 1 Month Sterling LIBOR +2.00%
Series 12-3
Class	Principal Balance	Interest Rate
Class A Class D Relevant Issuance Date: Scheduled Redemption Date: Legal Final Redemption Date:	\$600,000,000 £66,955,000 24 May 2012 15 May 2017 15 May 2019	1 Month USD LIBOR +0.85% 1 Month Sterling LIBOR +1.35%
Series 13-2
Class	Principal Balance	Interest Rate
Class A Class D Relevant Issuance Date: Scheduled Redemption Date: Legal Final Redemption Date:	£1,400,000,000 £247,059,000 20 November 2013 15 November 2016 15 November 2018	1 Month Sterling LIBOR +0.65% 1 Month Sterling LIBOR +0.90%
Series 13-3
Class	Principal Balance	Interest Rate
Class A Class D Relevant Issuance Date: Scheduled Redemption Date: Legal Final Redemption Date:	£1,400,000,000 £247,059,000 20 November 2013 15 November 2017 15 November 2019	1 Month Sterling LIBOR +0.75% 1 Month Sterling LIBOR +1.00%
Series 14-1
Class	Principal Balance	Interest Rate
Class A Class D Relevant Issuance Date: Scheduled Redemption Date:	£750,000,000 £132,353,000 23 July 2014 15 July 2019	1 Month Sterling LIBOR +0.50% 1 Month Sterling LIBOR +0.00%

Series 14-2

Class	Principal Balance	Interest Rate
Class A	£1,600,000,000	1 month Sterling LIBOR + 0.42%
Class D	£286,793,000	1 month Sterling LIBOR + 0.00%
Relevant Issuance Date:	11 November 2014
Scheduled Redemption Date:	15 November 2017
Legal Final Redemption Date:	15 November 2019

Medium Term Note Certificates – Barclaycard Funding PLC

Series	Issuance Date	Tranche Size	Note Interest Rate currently in effect	Scheduled Redemption Date	Final Redemption Date 15 January 2018
11-1	7 February 2011	£919,581,415	one-month Sterling LIBOR plus 1.3523%	15 January 2016
12-3	24 May 2012	£446,365,648.80	one-month Sterling LIBOR plus 0.9684%	15 May 2017	15 May 2019
13-2	20 November 2013	£1,647,059,000	one-month Sterling LIBOR plus 0.6876%	15 November 2016	15 November 2018
13-3	20 November 2013	£1,647,059,000	one-month Sterling LIBOR plus 0.7876%	15 November 2017	15 November 2019
14-1	23 July 2014	£882,353,000	one-month Sterling LIBOR plus 0.425%	15 July 2019	15 July 2021
14-2	11 November 2014	£1,886,793,000	one-month Sterling LIBOR plus 0.3562%	15 November 2017	15 November 2019

PORTFOLIO INFORMATION

The following tables show information relating to the historic performance of Eligible Accounts originated using Barclays underwriting criteria. The receivables from these accounts will ultimately back the notes and comprise the Receivables Trust (the "Securitised Portfolio"). All Eligible Receivables arising on designated product lines, as described under "The Receivables — Assignment of Receivables to the Receivables Trustee" in the Base Prospectus, are included in the Securitised Portfolio.

No static pool data has been provided in relation to the Securitised Portfolio. Static pool data may indicate a different performance profile in relation to the Securitised Portfolio from that which is disclosed herein.

Receivable Yield Considerations

The following table sets forth the gross revenues from finance charges and fees billed to accounts in the Securitised Portfolio, for each of the years ended 2009, 2010, 2011, 2012, 2013, 2014 and for the 8 months to the end of August 2015. Each table has been provided by Barclays Bank PLC. These revenues vary for each account based on the type and volume of activity for each account. The historical yield figures in these tables are calculated on an accrual basis. Collections of Receivables included in the Receivables Trust will be on a cash basis and may not reflect the historical yield experience in the table. For further detail, please see the Base Prospectus.

Securitised Portfolio Yield

(non percentage amounts are expressed in Sterling)

		Year ended
	8 months to August 2015	2014	2013	2012	2011	2010	2009
Average Receivables Outstanding(1)	13,592,820,330	12,912,190,116	11,340,229,563	10,157,663,232	8,997,456,924	8,604,993,272	8,260,633,896
Finance Charges(2)	1,027,222,701	1,497,893,508	1,330,545,351	1,200,967,389	1,044,622,534	1,078,864,054	1,049,309,495
Fees(2)	142,312,349	201,184,762	178,741,790	171,679,544	136,556,652	98,102,719	122,338,650
Total Recoveries	111,613,079	69,863,475	55,822,163	62,784,728	92,550,937	72,034,902	20,859,857
Forex	23,959,241	32,960,312	30,091,198	28,930,800	26,428,383	22,808,262	25,690,015
Interchange	117,901,136	179,466,398	144,317,516	130,101,899	128,177,864	115,988,591	114,505,948
Yield from Finance Charges	11.34%	11.60%	11.73%	11.82%	11.61%	12.54%	12.70%
Yield from Fees	1.58%	1.56%	1.58%	1.69%	1.52%	1.14%	1.48%
Yield from Recoveries	1.23%	0.54%	0.49%	0.62%	1.03%	0.84%	0.25%
Yield from Forex	0.27%	0.26%	0.27%	0.28%	0.29%	0.27%	0.31%
Yield from Interchange(3)	1.31%	1.39%	1.27%	1.28%	1.42%	1.35%	1.39%
Total Yield from Finance Charges, Fees, Total Recoveries, Forex
and Interchange	15.71%	15.35%	15.34%	15.69%	15.87%	16.14%	16.13%
___

Footnote:

(3) Yield percentages for the 8 months ending August 2015 are presented on an annualised basis.

(4) Average Receivables outstanding is simply derived by taking the sum of gross securitised receivables and then dividing by 365 days per year. The same treatment is applied for the denominator to the Payment Rate..

(5) The Receivables outstanding on the accounts consist of amounts due from obligors as posted to the accounts as of the date above

⁽¹⁾ Average Receivables outstanding is the average of the month end balances for the period indicated.

⁽²⁾ Finance charges and fees are comprised of monthly periodic charges and other credit card fees net of adjustments made pursuant to Barclays' normal servicing procedures, including removal of incorrect or disputed monthly Periodic Finance Charges.

Delinquency and Loss Experience

The following tables set forth the delinquency and loss experience of the Securitised Portfolio for each of the periods shown. The Securitised Portfolio includes Platinum, Freedom Rewards, Initial, MasterCard® and Amex Visa Dual Cashback credit cards and the Premier VISA® charge card. The Securitised Portfolio currently does not include the portfolio of credit card accounts purchased from Clydesdale Financial Services in May 2003, or the portfolio of small business credit card accounts purchased from MBNA Europe Bank in April 2011. Because the economic environment may change, we cannot assure you that the delinquency and loss experience of the Securitised Portfolio will be the same as the historical experience set forth below.

The delinquency statistics are obtained from billing cycle information as opposed to month end positions.

Delinquency and Loss Experience Securitised Portfolio (non percentage amounts are expressed in Sterling)

Year ended 8 months to end Aug 2015 2014 2013 2012 2011 2010 2009 Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Percentage of Total Receivables Receivables Outstanding .............................. 13,753,912,194 100.00% 13,600,670,421 100.00% 12,742,269,829 100.00% 10,747,201,819 100.00% 9,828,431,870 100.00% 8,681,107,123 100.00% 8,457,115,668 100.00% Receivables Delinquent up to 29 days ......... 205,132,578 1.49% 209,720,988 1.54% 217,359,359 1.71% 204,766,204 1.91% 208,128,565 2.12% 201,589,301 2.32% 199,161,704 2.35% 30 to 59 days ................................................ 70,977,456 0.52% 77,999,443 0.57% 78,272,128 0.61% 74,338,880 0.69% 76,921,143 0.78% 84,893,298 0.98% 112,141,065 1.33% 60 to 89 days ................................................ 59,648,256 0.43% 54,349,308 0.40% 52,058,600 0.41% 52,557,086 0.49% 54,833,511 0.56% 64,736,806 0.75% 77,506,725 0.92% 90 to 119 days .............................................. 50,043,851 0.36% 45,938,329 0.34% 42,194,231 0.33% 37,649,738 0.35% 40,684,321 0.41% 51,807,648 0.60% 56,966,708 0.67% 120 to 149 days ............................................ 39,982,174 0.29% 41,093,305 0.30% 34,341,133 0.27% 31,149,190 0.29% 34,716,618 0.35% 44,319,100 0.51% 47,680,950 0.56% 150 to 179 days ............................................ 34,530,557 0.25% 34,521,096 0.25% 31,271,930 0.25% 28,777,915 0.27% 30,577,909 0.31% 37,223,228 0.43% 37,776,697 0.45% 180 days or more .......................................... 2,010,339 0.01% 1,053,250 0.01% 305,712 0.00% 697,634 0.01% 132,904 0.00% 243,897 0.00% 1,246,266 0.01% Total 30 days or more Delinquent ............ 257,192,633 1.87% 254,954,730 1.87% 238,443,735 1.87% 225,170,444 2.10% 237,866,406 2.42% 283,223,977 3.26% 333,318,411 3.94%

Notes:

Note 1 Receivable delinquent balances are as at the latest billing date before the dates shown. The percentages are computed as a percentage of Receivables as at the Dates shown. Note 2 Includes accounts on repayment Programmes

Net Charge-Off Experience Securitised Portfolio

(non percentage amounts are expressed in Sterling)

		Ye end ed ar
	8 m onth end Au g 20 15 s to		201 4		201 3		201 2		201 1		201 0		200 9
	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les
(1)(4) Ave Rec eiva bles Ou ding tstan rage s(2)(4 ) Tot al G Ch -Off ross arge (3)(4) Rec ries ove ffs(4 ) Tot al N et C harg e-O Tot al N et C har ge-O ffs a e of ntag s a p erce	13,59 2,82 0,33 0 362, 826, 597 111,6 13,07 9 251, 213, 518	100.0 0% 4.01 % 1.23 % 2.78 %	12,9 12,19 0,11 6 464, 888, 995 69,8 63,4 75 395, 025, 521	100. 00% 3.60 % 0.54 % 3.06 %	11,34 0,22 9,56 3 416, 438, 264 55,8 22,1 63 360, 616, 102	100. 00% 3.67 % 0.49 % 3.18 %	10,1 57,6 63,2 32 414, 742, 521 62,7 84,7 28 351, 957, 793	100.0 0% 4.08 % 0.62 % 3.46 %	8,99 7,45 6,92 4 471, 669, 608 92,5 50,9 37 379, 118, 671	100. 00% 5.24 % 1.03 % 4.21 %	8,60 4,99 3,27 2 609, 266, 896 72,0 34,9 02 537, 231, 994	100. 00% 7.08 % 0.84 % 6.24 %	8,26 0,63 3,89 6 591, 465, 234 20,8 59,8 57 570, 605, 377	100. 00% 7.16 % 0.25 % 6.91 %
(4) ecei les O ing Ave e R vab utst and rag		2.78 %		3.06 %		3.18 %		3.46 %		4.21 %		6.24 %		6.91 %

Notes:

• (1) Average Receivables outstanding is the average of the month end balances during the period indicated.
• (2) Total gross charge-offs are total principal and fee charge-offs before recoveries and do not include the amount of any reductions in average Receivables outstanding due to fraud, returned goods, customer disputes or other miscellaneous credit adjustments. See "The Receivables" in the accompanying Base Prospectus.
• (3) Recoveries are payments received in respect of principal and fee amounts on accounts which have been previously written off.
• (4) All percentages shown above are annualised.

Maturity Assumptions

The following table sets forth the highest and lowest cardholder monthly payment rates for the Securitised Portfolio during any month in the periods shown and the average cardholder monthly payment rates for all months during the periods shown, in each case calculated as a percentage of total opening monthly Receivables outstanding during the periods shown. Payment rates shown in the table are based on amounts which would be deemed payments of Principal Receivables and Finance Charge Receivables with respect to the related credit card accounts.

Cardholder Monthly Payment Rates Securitised Portfolio

(non percentage amounts are expressed in Sterling)

				Ye end ed ar
	8 m onth end Au g 20 15 s to		201 4 201 3		201 2		201 1		201 0		200 9
	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les	Rece ivab les	Perc f enta ge o Tota l Rece ivab les
Low est .	2,04 1,82 6,33 7	14.85 %	1,89 9,35 4,69 0	13.9 7%	1,45 8,29 2,96 5	12.5 5%	1,34 8,12 4,74 4	12.54 %	1,21 0,46 9,72 8	12.3 2%	1,22 9,55 5,89 6	14.1 6%	1,23 8,27 7,16 3	14.6 4%
Hig hest Mo nth.	2,36 7,85 7,17 1	17.22 %	2,34 3,70 3,71 0	17.2 3%	2,16 5,05 9,48 7	16.9 9%	1,77 7,66 0,39 2	16.54 %	1,70 4,94 4,87 2	17.3 5%	2,12 0,06 0,48 9	24.4 2%	1,52 7,81 1,709	18.0 7%
Mon thly Av erag e	2,16 5,13 0,55 7	15.74 %	2,10 4,00 1,495	15.4 7%	1,730 ,128 ,156	14.5 4%	1,56 5,72 1,229	14.57 %	1,47 7,57 5,14 6	15.0 3%	1,43 9,28 7,73 9	16.5 8%	1,38 0,17 3,38 8	16.3 2%

For further information, please see "Maturity Assumptions" in the Base Prospectus.

The following tables summarise the Securitised Portfolio by various criteria as of the billing dates of accounts in the month ending August 2015. Each table has been provided by Barclays Bank PLC and has not been audited. Because the future composition of the Securitised Portfolio may change over time, these tables are not necessarily indicative of the composition of the Securitised Portfolio at any time subsequent to the end of August 2015.

For an indication of the credit quality of the cardholders whose receivables are included in the Securitised Portfolio, investors should refer to the discussion under "Barclaycard and the Barclaycard Card Portfolio" in the accompanying base prospectus (page 102), and to the historical performance of the Securitised Portfolio included in these Final Terms.

In particular, significant indicatives of the credit quality are the accountholders' payment behaviour summarised in the table "Composition by Payment Behaviour — Securitised Portfolio" (page 15) and the delinquency profile of the Securitised Portfolio set forth in the tables "Composition by Period of Delinquency — Securitised Portfolio" (page 15) and "Delinquency and Loss Experience — Securitised Portfolio" ( page 11).

Composition by Account Balance Securitised Portfolio (August 2015)

Account Balance Range	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
Credit Balance	807,186	8.75%	(28,720,016)	(0.21%)
Nil Balance	3,018,046	32.73%	0	0.00%
£0.01 to £5,000.00	4,458,087	48.34%	6,031,821,279	43.86%
£5,000.01 to £10,000.00	715,968	7.76%	5,046,702,563	36.69%
£10,000.01 to £15,000.00	204,517	2.22%	2,393,069,422	17.40%
£15,000.01 to £20,000.00	16,835	0.18%	274,348,406	1.99%
£20,000.01 to £25,000.00	1,033	0.01%	22,879,940	0.17%
£25,000.01 and over	416	0.00%	13,810,600	0.10%
TOTAL	9,222,088	100.00%	13,753,912,194	100.00%

Composition by Credit Limit Securitised Portfolio (August 2015)

Credit Limit Range	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
Up to £500.00	510,655	5.54%	54,502,141	0.40%
£500.01 to £1,000.00	517,999	5.62%	172,211,255	1.25%
£1,000.01 to £1,500.00	364,072	3.95%	167,327,002	1.22%
£1,500.01 to £2,000.00	473,145	5.13%	207,524,586	1.51%
£2,000.01 to £2,500.00	318,779	3.46%	178,749,015	1.30%
£2,500.01 to £3,000.00	436,107	4.73%	250,197,960	1.82%
£3,000.01 to £3,500.00	528,197	5.73%	298,456,968	2.17%
£3,500.01 to £4,000.00	399,848	4.34%	314,063,838	2.28%
£4,000.01 to £4,500.00	345,287	3.74%	273,140,977	1.99%
£4,500.01 to £5,000.00	611,938	6.64%	498,060,937	3.62%
£5,000.01 to £10,000.00	3,048,921	33.06%	4,827,883,264	35.10%
£10,000.01 to £15,000.00	1,476,803	16.01%	5,256,194,662	38.22%
£15,000.01 to £20,000.00	175,084	1.90%	1,172,881,530	8.53%
£20,000.01 to £25,000.00	11,317	0.12%	56,889,554	0.41%
£25,000.01 and over	3,936	0.04%	25,828,506	0.19%
TOTAL	9,222,088	100.00%	13,753,912,194	100.00%

Composition by Period of Delinquency Securitised Portfolio (August 2015)

Period of Delinquency (Days Contractually Delinquent)	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
Not Delinquent	9,056,142	98.20%	13,254,189,710	96.37%
Up to 29 days	75,978	0.82%	202,858,576	1.47%
30 to 59 days	23,882	0.26%	70,811,597	0.51%
60 to 89 days	19,098	0.21%	59,563,909	0.43%
90 to 119 days	15,066	0.16%	50,019,504	0.36%
120 to 149 days	12,018	0.13%	39,919,378	0.29%
150 to 179 days	10,249	0.11%	34,520,437	0.25%
180 days or more	456	0.00%	1,999,852	0.01%
Repayment Programme	9,199	0.10%	40,029,230	0.29%
TOTAL	9,222,088	100.00%	13,753,912,194	100.00%

Composition by Account Age Securitised Portfolio (August 2015)

Account Age	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
0 to 3 Months	220,350	2.39%	323,993,842	2.36%
3 to 6 months	171,068	1.85%	304,378,009	2.21%
6 to 9 months	189,374	2.05%	355,729,642	2.59%
9 to 12 months	202,673	2.20%	340,657,874	2.48%
12 to 15 months	191,308	2.07%	339,611,410	2.47%
15 to 18 months	173,605	1.88%	295,360,734	2.15%
18 to 21 months	190,608	2.07%	327,192,403	2.38%
21 to 24 months	165,706	1.80%	247,080,404	1.80%
2 to 3 years	738,760	8.01%	1,124,172,498	8.17%
3 to 4 years	603,545	6.54%	1,054,162,786	7.66%
4 to 5 years	481,766	5.22%	849,444,673	6.18%
5 to 10 years	1,421,467	15.41%	2,255,608,450	16.40%
Over 10 years	4,471,858	48.49%	5,936,519,468	43.16%
TOTAL	9,222,088	100.00%	13,753,912,194	100.00%

Composition by Payment Behaviour Securitised Portfolio (August 2015)

Account Age	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
Receivables Accounts with minimum payment made/no payment requested Accounts with full payment made	4,959,562 1,719,735	53.78% 18.65%	4,976,292,520 1,093,522,310	36.18% 7.95%

For further information, please see "Maturity Assumptions" in the Base Prospectus.

Geographic Distribution of Accounts Securitised Portfolio (August 2015)

Region	Total Number of Accounts	Percentage of Total Number of Accounts	Receivables	Percentage of Total Receivables
East Anglia	1,177,214	12.77%	1,725,373,215	12.54%
East Midlands	621,491	6.74%	943,333,668	6.86%
London	1,122,364	12.17%	1,575,323,680	11.45%
Northern Ireland	111,618	1.21%	208,352,959	1.51%
North East	301,437	3.27%	429,394,927	3.12%
North West	943,197	10.23%	1,462,502,095	10.63%
Scotland	444,480	4.82%	791,600,380	5.76%
South East	1,780,735	19.31%	2,704,520,525	19.66%
South West	718,705	7.79%	1,056,288,988	7.68%
Wales	395,282	4.29%	582,322,611	4.23%
West Midlands	746,153	8.09%	1,082,619,362	7.87%
Yorkshire & Humberside	663,826	7.20%	1,001,910,520	7.28%
Other	195,586	2.12%	190,369,264	1.38%
TOTAL	9,222,088	100.00%	13,753,912,194	100.00%

PLAN OF DISTRIBUTION

	Class A Reg S Note	Class D Reg S Note
ISIN: XS1321880418		XS1321880509
Common Code:	132188041	132188050
CUSIP	N/A	N/A

Signed by the issuing entity. $\bigwedge$

GENERAL INFORMATION

The admission of the Programme to listing on the Official List of the UKLA and to trading on the Regulated Market of the London Stock Exchange took effect on 10 November 2015. The listing of the notes on the Regulated Market of the London Stock Exchange will be expressed as a percentage of their Principal Amount (exclusive of accrued interest). Each Class of this Note Series intended to be admitted to listing on the Official List of the UKLA and to trading on the Regulated Market of the London Stock Exchange will be so admitted to listing and trading upon submission to the UKLA and the Regulated Market of the London Stock Exchange of these Final Terms and any other information required by the UKLA and the Regulated Market of the London Stock Exchange, subject in each case to the issue of the relevant notes. Prior to official listing, dealings will be permitted by the Regulated Market of the London Stock Exchange in accordance with its rules. Transactions will normally be effected for delivery on the third working day in London after the day of the transaction.

The Issuing Entity has approved the issue of these securities by board resolution dated 16 November 2015.