Barclays: Savings Accounts & Rates
Mission: Banksparency aims to make Barclays' savings accounts transparent and comparable to the market.
Analysis of Barclays
Our verdict
Barclays offers Tiered Savings, a high-yield savings account paying 3.75% APY with no minimum deposit. To earn the full 3.75% APY, a minimum balance of $250,000 is required — below that, the rate drops to as low as 3.65% APY.
At 3.75% APY, Barclays pays 10x the national average (0.38%). Ranks in the top tier of 98+ accounts tracked.
Barclays also offers Online Savings at 3.40% APY — a lower rate.
Ideal User Profile
- Best for: simple saving without extra requirements, banking without needing a branch, and managing money from your phone.
Key Differentiators
- Stands out with top-rated iOS app (4.9), highly-rated Android app (4.7), A+ BBB rating.
Savings Overview
Tiered Savings
Online Savings
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.10% APY.
Bank Overview
- HQ LocationWilmington, Delaware
- Founded2000
- AffiliationBarclays Bank Delaware, Member FDIC, a part of Barclays plc (NYSE: Barclay)
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 57203)
Top Market Contenders
Savings Accounts: In-Depth View
Savings Accounts Offered by Barclays
| Feature | Tiered Savings | Online Savings |
|---|---|---|
APY | 3.75%Range: 3.65% - 3.75%Verified: 5/22/2026 | 3.40%Verified: 5/22/2026 |
APY Trend | Rate Adjusted -0.10% Since 90 days ago | Rate Adjusted -0.10% Since 90 days ago |
Min. Deposit | $0 | $0 |
Min. Balance | $250,000 | Enough to earn $0.01 in interest |
Monthly Fee | $0 | $0 |
Direct Deposit | None | None |
Checking Bundle | No | No |
Branch Access | None | None |
Compounding | Daily | Daily |
FDIC Insured | Yes | Yes |
Eligibility | United States | United States |
Important | The 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%. | - |
| Next Steps | - | - |
Calculate Savings for Barclays
Minimum balance for higher APY: $250,000
Savings Breakdown
- Interest Earned+$1,424.50(9.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,424.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Barclays Savings Rates Over Time
Historical APY Insights
Last 12 Months| Metric | Online Savings | Tiered Savings |
|---|---|---|
Latest APY | 3.40% | 3.75% |
Trend | Sideways | Sideways |
Slope (bps/mo) | -2.7 | -3.6 |
Rate Changes / Mo | 0.49 | 0.49 |
Days Since Last Change | 16 | 37 |
High (-12m) | 3.90% | 4.40% |
Low (-12m) | 3.40% | 3.75% |
Draw-down | -12.8% | -14.8% |
Volatility (CV) | 0.026 | 0.033 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 365-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Barclays
| Feature | Current View Barclays | Empty Slot |
|---|---|---|
| Product | - | |
APY | 3.65% - 3.75%Verified: 5/22/2026 | - |
APY Trend | Rate Adjusted -0.10% Since 90 days ago | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Note | The 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%. | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Barclays' APY of 3.75% with other banks
Alternatives to Barclays
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
LendingClub
LevelUp Savings: 4.00% APY
Minimum Deposit: $0
Online Only
Colorado Federal Savings Bank
High Yield Savings: 3.80% APY
Minimum Deposit: $1
Online Only
Premier Savings: 3.85% APY
Minimum Deposit: $50,000
Online Only
Fitness Bank
Fitness Savings Account: 4.00% APY
Minimum Deposit: $100
Online Only
Fitness Elite Checking & Fitness Savings Combo: 4.30% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
Online Only
Climate First Bank
Super Duper Savings Account: 4.01% APY
Minimum Deposit: $50
Neighbors Bank
Neighbors Savings Account: 4.10% APY
Minimum Deposit: $0
Eligible States: Limited (see details)
Carver Bank
High Yield Savings: 4.00% APY
Minimum Deposit: $5,000
Online Only
Evergreen Bank Group
High-Yield Online Savings: 4.25% APY (Inactive)
Minimum Deposit: $100
Online Only
Zynlo Bank
Tomorrow Savings Account: 3.85% APY
Minimum Deposit: $10
Online Only
Bank5 Connect
Connect Savings: 1.50% APY
Minimum Deposit: $10
Online Only
Jumbo Savings: 3.65% APY
Minimum Deposit: $25,000
Online Only
Sallie Mae Bank
High-Yield Savings Account: 3.75% APY
Minimum Deposit: $0
Online Only
Bask Bank
Interest Savings Account: 4.10% APY
Minimum Deposit: $0
Online Only
GO2bank
High Yield Savings: 4.50% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
Online Only