Barclays: Savings Accounts & Rates

Savings rates updated: 8/18/2025

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

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

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Savings Overview

Tiered Savings: 3.90% - 4.10% APY(Rank 37 out of 81 tracked HYSAs)

Minimum Deposit: $0 | Online Only

Online Savings: 3.70% APY(Rank 66 out of 94 savings accounts)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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: 4.8/5

Google Play Rating: 4.7/5

Website: Visit Barclays

Our Take on Barclays

Highlights

Tiered Savings offers a competitive APY of 4.10% for balances over $250,000.
Online Savings account has a solid APY of 3.70% with no maintenance fees.
Both accounts have no minimum deposit requirement.
Bank has an A+ BBB rating and is BBB Accredited.

Considerations

No physical branches available for in-person banking.
Direct deposit is not required but may limit some account features.
Lower APY of 3.90% for balances under $250,000 in Tiered Savings.
Both accounts are online-only, which may not suit all users.

Summary: Barclays offers two high-yield savings accounts: the Tiered Savings with a 4.10% APY for large balances and the Online Savings at 3.70%. Both accounts have no maintenance fees and no minimum deposit, but they are online-only with no physical branches. The bank holds an A+ BBB rating, indicating trustworthiness. However, the lower APY for smaller balances and the lack of direct deposit requirements may deter some savers.

Savings Accounts: In-Depth View

Savings Accounts Offered by Barclays

Feature	Tiered Savings	Online Savings
APY	3.90% - 4.10% (as of 8/18/2025)	3.70% (as of 8/18/2025)
APY Trend	-0.10% QoQ	-0.10% QoQ
Minimum Deposit	$0	$0
Minimum Balance for APY	$250,000	Enough to earn $0.01 in interest
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	The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%.	N/A
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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	Falling
Slope (bps/mo)	-4.1	-6.9
Rate Changes / Mo	0.72	0.87
Days Since Last Change	69	61
High (-7 m)	4.00 %	4.50 %
Low (-7 m)	3.70 %	4.10 %
Draw-down from High	-7.5 %	-8.9 %
Volatility (CV)	0.023	0.034

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 7 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 (-7 m): Highest APY in the last 208 days.
Low (-7 m): Lowest APY in the last 208 days.
Draw-down from High: How far today sits below the 7-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 - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% 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 - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% 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 - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% 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 - 4.20% APY
Peak Bank - 4.35% 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 - 4.20% 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 - 3.05% 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
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	Barclays	Select a bank...
Product		N/A
APY	3.90% - 4.10% (as of 8/18/2025)	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	Best APY	Min Deposit
Barclays vs Ally Bank	3.50%	$0
Barclays vs American Express	3.50%	$0
Barclays vs Axos Bank	4.46%	$0
Barclays vs Bank of America	0.01%	$100
Barclays vs Capital One	3.50%	$0
Barclays vs Chase Bank	0.01%	$0
Barclays vs Chime	3.75%	$0
Barclays vs CIT Bank	4.00%	$100
Barclays vs Discover Bank	3.50%	$0
Barclays vs Fitness Bank	4.85%	$100
Barclays vs Marcus by Goldman Sachs	3.65%	$0
Barclays vs Presidential Bank	4.50%	$5,000
Barclays vs SoFi Bank	3.80%	$0
Barclays vs Synchrony Bank	3.80%	$0
Barclays vs UFB Direct	4.21%	$5000
Barclays vs Varo Bank	5.00%	$0
Barclays vs Wells Fargo	2.51%	$25