Barclays: Savings Accounts & Rates

Savings rates updated: 11/16/2025

Mission statement: Banksparency aims to make Barclays' savings accounts transparent and comparable to those of other banks. .

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

We earn a commission if you open an account through some links on this page.

Savings Overview

Tiered Savings: 3.90% - 4.10% APY(Rank 22 out of 87 tracked HYSAs)

Minimum Deposit: $0 | Online Only

Online Savings: 3.70% APY(Rank 62 out of 103 savings accounts)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.4% (as of 10/20/2025)

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

Deposit Insurance: FDIC Cert # 57203

BBB Rating: A+ (BBB Accredited)

App Store Rating: 4.9/5

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.
Online Savings has no minimum deposit and $0 maintenance fee.
A+ BBB rating indicates high trustworthiness.
High App Store rating of 4.9 and Google Play rating of 4.7.

Considerations

Tiered Savings requires a minimum balance of $250,000 for highest APY.
No physical branches available for in-person banking.
Direct deposit is not required but may limit some users.
Lower APY of 3.90% for balances under $250,000 in Tiered Savings.

Summary: Barclays offers competitive high-yield savings accounts, with the Tiered Savings account providing a notable 4.10% APY for high balances. Both accounts have no maintenance fees and require no minimum deposit for the Online Savings account. The bank holds an A+ BBB rating, reflecting its reliability. However, the lack of physical branches and the high balance requirement for the best APY may deter some savers.

Savings Accounts: In-Depth View

Savings Accounts Offered by Barclays

Feature	Online Savings	Tiered Savings
APY	3.70% (as of 11/16/2025)	3.90% - 4.10% (as of 11/16/2025)
APY Trend	Stable for the last quarter	Stable for the last quarter
Minimum Deposit	$0	$0
Minimum Balance for APY	Enough to earn $0.01 in interest	$250,000
FDIC-insured	Yes	Yes
Online Only	Yes	Yes
Bundled Account	No	No
Direct Deposit Required	No	No
Compound Frequency	Daily	Daily
Maintenance Fee	$0	$0
Eligibility	United States	United States
Note	N/A	The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Barclays

All calculations are based on APY.

Choose savings account:

Initial Deposit:

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

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,526.9 (9.83%)
Total contributions: $13,000 (83.73%)
Initial deposit: $1,000 (6.44%)

Your total balance

$15,526.90

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

Metric	Online Savings	Tiered Savings
Latest APY	3.70 %	4.10 %
Trend	Sideways	Sideways
Slope (bps/mo)	-2.7	-4.5
Rate Changes / Mo	0.50	0.60
Days Since Last Change	159	151
High (-10 m)	4.00 %	4.50 %
Low (-10 m)	3.70 %	4.10 %
Draw-down from High	-7.5 %	-8.9 %
Volatility (CV)	0.023	0.035

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 10 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 (-10 m): Highest APY in the last 298 days.
Low (-10 m): Lowest APY in the last 298 days.
Draw-down from High: How far today sits below the 10-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 - 3.60% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.30% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.51% APY
Bank5 Connect - 3.85% APY
Bank of America - 0.01% APY
Bask Bank - 3.90% APY
Betterment - 3.50% APY
BMO Alto - 3.25% APY
Bread Savings - 4.20% APY
BrioDirect - 4.00% APY
Capital One - 3.40% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.00-3.50% APY
CIBC Bank USA - 3.92% APY
CIT Bank - 0.25-3.85% APY
Citibank - 3.35% APY
Citizens Access™ - 3.35% APY
Colorado Federal Savings Bank - 4.05% APY
ConnectOne Bank - 3.60% APY
Customers Bank - 3.73% APY
Discover Bank - 3.40% APY
Elevault - 4.08% APY
E*TRADE from Morgan Stanley - 3.75% APY
EverBank - 4.05% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.00% APY
Fitness Bank - 4.75% APY
Flagstar Bank - 3.65% APY
FNBO Direct - 3.00% APY
Forbright Bank - 4.00% APY
FVCbank - 3.85% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Ivy Bank - 0.05-4.25% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 3.90% APY
Marcus by Goldman Sachs - 3.65% APY
MutualOne Bank - 4.07% APY
My Banking Direct - 4.02% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.50% APY
Newtek Bank - 4.35% APY
Northeast Bank - 3.00% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.20% APY
Pibank - 4.60% APY
PNC - 3.53% APY
Poppy Bank - 4.00% APY
Popular Direct - 4.00% APY
Presidential Bank - 3.75-4.25% APY
Prime Alliance Bank - 3.90% APY
Primis Bank - 3.85% APY
Quontic Bank - 3.75% APY
RBMAX - 3.90% APY
Rising Bank - 3.95% APY
ROGER - 3.87% APY
Salem Five Direct - 3.71% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.01% APY
SmartyPig - 3.90% APY
SoFi Bank - 4.30% APY
Synchrony Bank - 3.80% APY
TAB Bank - 3.80% APY
TD Bank - 0.05-2.75% APY
The State Exchange Bank - 3.96% APY
TIMBR - 4.40% APY
UFB Direct - 3.51-3.71% APY
Upgrade - 3.05% APY
Valley Direct - 4.10% APY
Varo Bank - 2.50-5.00% APY
Vio Bank - 4.21% APY
Wealthfront - 3.50-4.15% APY
Wells Fargo - 0.05-0.05% APY
Western Alliance Bank - 4.05% APY
Zynlo Bank - 4.20% APY

Feature	Barclays	Select a bank...
Product		N/A
APY	3.90% - 4.10% (as of 11/16/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$250,000	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A
Note	The 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

Bank Pair	Competitor APY	Min Deposit
Barclays vs Ally Bank	3.30%	$0
Barclays vs American Express	3.50%	$0
Barclays vs Axos Bank	4.51%	$0
Barclays vs Bank of America	0.01%	$100
Barclays vs Bask Bank	3.90%	$0
Barclays vs BMO Alto	3.25%	$0
Barclays vs BrioDirect	4.00%	$5,000
Barclays vs Capital One	3.40%	$0
Barclays vs Chase Bank	0.01%	$0
Barclays vs Chime	3.50%	$0
Barclays vs CIT Bank	3.85%	$100
Barclays vs Citibank	3.35%	$0
Barclays vs Citizens Access™	3.35%	$0.01
Barclays vs Discover Bank	3.40%	$0
Barclays vs Elevault	4.08%	$0
Barclays vs EverBank	4.05%	$0
Barclays vs Fitness Bank	4.75%	$100
Barclays vs FNBO Direct	3.00%	$1
Barclays vs Forbright Bank	4.00%	$0
Barclays vs FVCbank	3.85%	$500
Barclays vs GO2bank	4.50%	$0
Barclays vs Ivy Bank	4.25%	$2,500
Barclays vs LendingClub	4.20%	$0
Barclays vs Marcus by Goldman Sachs	3.65%	$0
Barclays vs Neighbors Bank	4.50%	$0
Barclays vs Newtek Bank	4.35%	$0.01
Barclays vs Openbank	4.20%	$500
Barclays vs Peak Bank	4.20%	$100
Barclays vs Pibank	4.60%	$0
Barclays vs PNC	3.53%	$0
Barclays vs Presidential Bank	4.25%	$5,000
Barclays vs Quontic Bank	3.75%	$100
Barclays vs Salem Five Direct	3.71%	$10
Barclays vs Santander Bank	0.01%	$25
Barclays vs SoFi Bank	4.30%	$0
Barclays vs Synchrony Bank	3.80%	$0
Barclays vs TIMBR	4.40%	$1,000
Barclays vs UFB Direct	3.71%	$5000
Barclays vs Valley Direct	4.10%	$1,000
Barclays vs Varo Bank	5.00%	$0
Barclays vs Vio Bank	4.21%	$100
Barclays vs Wealthfront	4.15%	$0
Barclays vs Wells Fargo	0.05%	$25
Barclays vs Zynlo Bank	4.20%	$10

Alternatives to Barclays

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Jenius Bank

Jenius Savings: 4.20% APY

Minimum Deposit: $0

Online Only

Colorado Federal Savings Bank

High Yield Savings: 4.00% APY

Minimum Deposit: $1

Online Only

Premier Savings: 4.05% APY

Minimum Deposit: $50,000

Online Only

TIMBR

Premium Savings Account: 4.40% APY

Minimum Deposit: $1,000

Online Only

Wealthfront

Cash Account: 4.15% APY

Minimum Deposit: $0

Online Only

LendingClub

LevelUp Savings: 4.20% APY

Minimum Deposit: $0

Online Only

SoFi Bank

SoFi Savings: 4.30% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Elevault

High Yield Savings Account: 4.08% APY

Minimum Deposit: $0

Online Only

Varo Bank

High-Yield Savings Account: 5.00% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Direct Deposit: Min. $1,000/month

Openbank

High-Yield Savings Account: 4.20% APY

Minimum Deposit: $500

Online Only

Pibank

Pibank Savings: 4.60% APY

Minimum Deposit: $0

Online Only

Valley Direct

High-Yield Savings Account: 4.10% APY

Minimum Deposit: $1,000

Online Only

Eligible States: Limited (see details)

Carver Bank

High Yield Savings: 4.00% APY

Minimum Deposit: $5,000

Online Only