Affirm vs. Barclays
Compare rates, requirements, and features side-by-side to find the best option for you.
Affirm
Affirm Money Account
3.60%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Affirm
Affirm Money Account
Barclays
Tiered Savings
Up to4.00%APYDec 10, 2025FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppRange: 3.85% – 4.00%Show Fine Print & Trends Hide Details
Barclays
Tiered Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Affirm vs. Barclays Savings Calculator
Barclays earns $160.2 more than Affirm.
Affirm
Affirm Money Account
Savings Breakdown
- Interest Earned+$2,177.80(10.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,177.80
Barclays
Tiered Savings
Higher APY requires $250,000
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Affirm vs. Barclays
Why Affirm?
No distinct advantages found vs Barclays.
Why Barclays?
- ✓Higher potential APY (3.60%-4.00% vs 3.60%)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
AffirmAffirm's Affirm Money Account earns more on smaller deposits (approx. $360 vs $0/yr).
Better Returns at $25,000
AffirmAffirm's Affirm Money Account pulls ahead with larger amounts (approx. $900 vs $0/yr).
Shared Benefits
Over a 1-year period, Barclays's Tiered Savings pays $25 more interest on a $10,000 balance than Affirm's Affirm Money Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Barclays offers a higher APY of 4.00% on its Tiered Savings account, but this rate is only available for balances over $250,000; lower balances earn 3.85%. In contrast, Affirm's Affirm Money Account provides a competitive APY of 3.60% with no minimum balance requirement. Both accounts are online-only and have no maintenance fees, making them accessible options for savers. While Affirm's account is a solid choice for smaller deposits, Barclays stands out for those with larger balances, although the eligibility requirement for the higher APY may limit access.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Affirm and Barclays.
| Feature | Affirm | Barclays |
|---|---|---|
| APY | 3.60% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 4.00% Range: 3.85% - 4.00% Verified: 12/10/2025 ↘︎ 0.10%90d Change |
| Product Name | Affirm Money Account | Tiered Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $250,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.9 Android4.7 |
| BBB Rating | A+ | A+ |
| Important Notes | While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank. | The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Affirm | Barclays | |
|---|---|---|---|
| Affirm Money Account | Online Savings | Tiered Savings | |
Current APY | 3.60% | 3.60% | 4.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.7 | -2.7 | -4.4 |
Days Since Change | 75 | 14 | 21 |
11-Month High | 3.85% | 4.00% | 4.50% |
11-Month Low | 3.60% | 3.60% | 4.00% |
Adjustments / Mo | 0.09 | 0.56 | 0.65 |
Volatility Score | 0.030 | 0.025 | 0.036 |
How to read these metrics(Click to expand)
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