Barclays

Last Updated: 7/3/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

Tiered Savings: 3.90% - 4.10% APY(Rank 37 out of 76 tracked HYSAs)

Minimum Deposit: $0 | Online Only

Online Savings: 3.70% APY(Rank 64 out of 88 savings accounts)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Wilmington, Delaware

Founded: 2000

Affiliation: Barclays Bank Delaware, Member FDIC, a part of Barclays plc (NYSE: Barclay)

Access to Branches: None

BBB Rating: A+ (BBB Accredited)

App Store Rating: 4.8/5

Google Play Rating: 4.7/5

Website: Visit Barclays

Our Take on Barclays

Highlights

  • Tiered Savings offers 4.10% APY for balances over $250,000.
  • No maintenance fees for both savings accounts.
  • Highly rated with 4.8 App Store and 4.7 Google Play ratings.
  • A+ BBB rating and BBB Accredited.

Considerations

  • APY decreased from 4.20% to 4.10% in 30 days.
  • Only offers online banking with no physical branches.
  • Direct deposit not required but may limit some users.
  • Lower APY of 3.70% for the Online Savings account.
Summary: Barclays offers competitive savings accounts, notably the Tiered Savings account with a 4.10% APY for large balances. The lack of maintenance fees and strong ratings from both BBB and app stores are appealing. However, the APY has recently decreased, and the absence of physical branches may deter some customers. Additionally, the Online Savings account has a lower APY of 3.70%, which could be a drawback for savers seeking higher returns.

Savings Accounts

Savings Accounts Offered by Barclays

FeatureTiered SavingsOnline Savings
APY
3.90% - 4.10% (as of 7/3/2025)3.70% (as of 7/3/2025)
APY Trend-0.10% MoM-0.10% MoM
Minimum Deposit$0$0
Minimum Balance for APY$250,000Enough to earn $0.01 in interest
FDIC-insured
YesYes
Online OnlyYesYes
Bundled Account
NoNo
Direct Deposit Required
NoNo
Compound Frequency
DailyDaily
Maintenance Fee$0$0
EligibilityUnited StatesUnited States
NoteThe 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%.N/A

No deposit agreement summary available for this bank.

Calculate Savings for Barclays

All calculations are based on APY.

⚠️ The minimum balance for the higher APY on this account is $250,000.

Deposit Frequency:

Total savings breakdown:

  • Interest earned: $4 (3.85%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $100 (96.15%)

Your total balance

$104.00

Effective APY: 3.90% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Barclays Savings Rates Over Time

Historical APY Insights

MetricOnline SavingsTiered Savings
Latest APY3.70 %4.10 %
TrendSidewaysFalling
Slope (bps/mo)-4.3-7.5
Rate Changes / Mo0.921.10
Days Since Last Change2416
High (-5 m)4.00 %4.50 %
Low (-5 m)3.70 %4.10 %
Draw-down from High-7.5 %-8.9 %
Volatility (CV)0.0200.029
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 months (regression slope).
Slope (bps/mo)
Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo
Typical number of APY moves per month.
Days Since Last Change
Recency of the latest APY adjustment.
High (-5 m)
Highest APY in the last 163 days.
Low (-5 m)
Lowest APY in the last 163 days.
Draw-down from High
How far today sits below the 5-month peak.
Volatility (CV)
Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
  • See how quickly a bank reacts to Fed moves or competition.
  • Gauge “twitchiness” - frequent moves can annoy savers.
  • Spot if you're buying near a peak (draw-down) or riding a rise.
  • Slope (bps/mo) shows speed of change.
  • Volatility (CV) scales jumps by average level.

Compare Barclays' Savings Accounts

  • Affirm - 3.85% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.50% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.60% APY
  • Axos Bank - 4.66% APY
  • Bank5 Connect - 4.05% APY
  • Bank of America - 0.01% APY
  • Bask Bank - 4.20% APY
  • Betterment - 4.00% APY
  • BMO Alto - 3.60% APY
  • Bread Savings - 4.30% APY
  • BrioDirect - 4.30% APY
  • Capital One - 3.50% APY
  • Carver Bank - 4.00% APY
  • Charles Schwab Bank - 0.15% APY
  • Chase Bank - 0.01% APY
  • Chime - 1.25-3.75% APY
  • CIBC Bank USA - 4.11% APY
  • CIT Bank - 0.25-4.00% APY
  • Citibank - 3.60% APY
  • Citizens Access™ - 3.70% APY
  • Colorado Federal Savings Bank - 4.25% APY
  • ConnectOne Bank - 4.00% APY
  • Customers Bank - 4.23% APY
  • Discover Bank - 3.50% APY
  • E*TRADE from Morgan Stanley - 4.00% APY
  • EverBank - 4.30% APY
  • Evergreen Bank Group - 4.25% APY
  • First Foundation Bank - 4.25% APY
  • Fitness Bank - 5.00% APY
  • Flagstar Bank - 4.00% APY
  • Forbright Bank - 4.25% APY
  • FVCbank - 4.35% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.40-4.40% APY
  • Live Oak Bank - 4.10% APY
  • Marcus by Goldman Sachs - 3.65% APY
  • My Banking Direct - 4.30% APY
  • MySavingsDirect - 3.75% APY
  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.30% APY
  • Peak Bank - 4.44% APY
  • Pibank - 4.60% APY
  • PNC - 3.95% APY
  • Poppy Bank - 4.25% APY
  • Popular Direct - 4.05% APY
  • Presidential Bank - 4.00-4.50% APY
  • Prime Alliance Bank - 4.05% APY
  • Primis Bank - 4.35% APY
  • Quontic Bank - 3.75% APY
  • RBMAX - 4.15% APY
  • Rising Bank - 4.30% APY
  • ROGER - 4.12% APY
  • Salem Five Direct - 4.01% APY
  • Sallie Mae Bank - 3.90% APY
  • Santander Bank - 0.03% APY
  • SoFi Bank - 3.80% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 4.15% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 1.90% APY
  • TIMBR - 4.40% APY
  • UFB Direct - 4.01-4.21% APY
  • Upgrade - 4.02% APY
  • Valley Direct - 4.30% APY
  • Varo Bank - 2.50-5.00% APY
  • Western Alliance Bank - 4.25% APY
  • Zynlo Bank - 4.35% APY
FeatureBarclaysSelect a bank...
ProductN/A
APY
3.90% - 4.10% (as of 7/3/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$0N/A
Minimum Balance for APY$250,000N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A
NoteThe 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%.N/A

Bank-to-Bank Comparisons

Compare Barclays' APY of 4.10% 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

Neighbors Bank

Neighbors Savings Account: 4.60% APY

Minimum Deposit: $0

Eligible States: Limited (see details)

TAB Bank

TAB Save: 4.15% APY

Minimum Deposit: $1,000

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Forbright Bank

Growth Savings: 4.25% APY

Minimum Deposit: $0

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Bright Savings: 3.90% APY

Minimum Deposit: $250

Eligible States: Limited (see details)

Sprout Savings: 3.90% APY

Minimum Deposit: $1

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Presidential Bank

Advantage Savings: 4.50% APY

Bundled Savings & Checking Account

Minimum Deposit: $5,000

Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.

Western Alliance Bank

High-Yield Savings Premier: 4.25% APY

Minimum Deposit: $500

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Betterment

Cash Reserve: 4.00% APY

Minimum Deposit: $10

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ConnectOne Bank

Connection Plus Savings: 4.00% APY

Minimum Deposit: $2,500

CIT Bank

Savings Connect: 3.90% APY

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UFB Direct

UFB Checking and Savings Bundle: 4.21% APY

Minimum Deposit: $5000

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UFB Portfolio Savings: 4.01% APY

Minimum Deposit: $0

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Popular Direct

Popular Direct Select Savings: 4.05% APY

Minimum Deposit: $100

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Varo Bank

High-Yield Savings Account: 5.00% APY

Minimum Deposit: $0

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Direct Deposit: Min. $1,000/month

Jenius Bank

Jenius Savings: 4.20% APY

Minimum Deposit: $0

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