Axos Bank vs. Barclays
Compare rates, requirements, and features side-by-side to find the best option for you.
Axos Bank
Axos ONE
4.31%APYDec 17, 2025FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Axos Bank
Axos ONE
Barclays
Tiered Savings
Up to4.00%APYDec 17, 2025FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppRange: 3.85% – 4.00%Show Fine Print & Trends Hide Details
Barclays
Tiered Savings
Comparison Analysis
Comparing Axos Bank vs. Barclays
As of Axos Bank offers an APY of 4.31% for its Axos ONE account, with a minimum balance of $0, compared to Barclays's 4.00% APY for its Tiered Savings account, with a minimum balance of $250,000.
Axos Bank pays $46 more than Barclays on a $10,000 balance after one year. Axos Bank pays $431, while Barclays pays $385 (with an effective APY of 3.85%) - an APY advantage for Axos Bank.
In addition, Axos Bank also offers 3.75% APY for the Summit Savings account, with a minimum balance of $0, while Barclays offers 3.60% APY for the Online Savings account, with a minimum balance of Enough to earn $0.01 in interest.
Why Axos Bank?
- ✓Earn 0.51% APY on checking account
- ✓Access to 95,000 fee-free ATMs
- ✓Higher potential APY (3.75%-4.31% vs 3.60%-4.00%) on all balances
Why Barclays?
No distinct advantages found vs Axos Bank.
— Key Feature Differences —
Better Returns at $10,000
Axos BankAxos Bank's Axos ONE earns more on smaller deposits (approx. $431 vs $385/yr).
Better Returns at $25,000
Axos BankAxos Bank's Axos ONE pulls ahead with larger amounts (approx. $1078 vs $963/yr).
Best for All-in-One Banking
Axos BankAxos Bank's Axos ONE pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.7 (vs. 4.5)
Shared Benefits
Over a 1-year period, Axos Bank's Axos ONE pays $46 more interest on a $10,000 balance than Barclays's Tiered Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Axos Bank offers a standout savings product, the Axos ONE, which provides a competitive APY of 4.31% when bundled with a checking account, making it an attractive option for customers looking for higher returns. This account requires either a direct deposit of $1,500 or at least $5,000 in total monthly qualifying deposits. In contrast, Barclays features a Tiered Savings account with a maximum APY of 4.00%, but this rate is only available for balances exceeding $250,000; otherwise, the rate drops to 3.85%. Barclays also offers an Online Savings account with a lower APY of 3.60%. Both banks provide online-only services, ensuring easy access to their products.
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.
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Axos Bank vs. Barclays Savings Calculator
You earn $46 more with Axos Bank than Barclays on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Axos Bank
Axos ONE
Savings Breakdown
- Interest Earned+$431.00(4.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,431.00
Sponsored Link
Barclays
Tiered Savings
Higher APY requires $250,000
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Top Market Contenders
See who beats both Axos Bank and Barclays.
| Feature | Axos Bank | Barclays |
|---|---|---|
| APY | 4.31% Verified: 12/17/2025 ↘︎ 0.15%90d Change | 4.00% Range: 3.85% - 4.00% Verified: 12/17/2025 ↘︎ 0.10%90d Change |
| Product Name | Axos ONE | 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. | Not required, but is the easiest way to earn the highest APY. | None |
| Checking Bundle | Yes | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.9 Android4.7 |
| BBB Rating | A+ | A+ |
| Important Notes | The 4.31% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%. |
| Next Steps | SponsoredOpen Account |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Axos Bank | Barclays | |||
|---|---|---|---|---|---|
| High Yield Savings | Summit Savings | Axos ONE | Online Savings | Tiered Savings | |
Current APY | 0.61% | 3.75% | 4.31% | 3.60% | 4.00% |
Trend | Stable | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -1.1 | -4.4 | -2.7 | -4.3 |
Days Since Change | 329 | 6 | 15 | 21 | 28 |
11-Month High | 0.61% | 4.00% | 4.86% | 4.00% | 4.50% |
11-Month Low | 0.61% | 3.75% | 4.31% | 3.60% | 4.00% |
Adjustments / Mo | 0.00 | 0.09 | 0.36 | 0.55 | 0.64 |
Volatility Score | 0.000 | 0.014 | 0.034 | 0.026 | 0.037 |
How to read these metrics(Click to expand)
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