Axos Bank vs Barclays
High-Yield Savings Accounts Comparison
Last Updated: June 20, 2025
Summary of Axos Bank vs. Barclays
As of June 20, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Barclays's 4.10% APY for its Tiered Savings account.
Axos Bank yields $56 more than Barclays on a $10,000 balance after one year. Axos Bank pays $466, while Barclays pays $410 - an APY advantage for Axos Bank.
In addition, Axos Bank also offers 0.61% APY for the High Yield Savings account, while Barclays offers 3.70% APY for the Online Savings account.
Axos Bank
Strengths
- Axos Bank offers a higher APY of 4.66% with the Axos ONE account.
- No minimum balance or maintenance fees for Axos Bank accounts.
- Axos Bank has an App Store rating of 4.7.
Potential Drawbacks
- Axos Bank requires a minimum average daily balance of $1,500 in ONE Checking for the high APY.
- The High Yield Savings account has a lower APY of 0.61%.
Barclays
Strengths
- Barclays provides a competitive APY of 4.10% for balances over $250,000.
- Barclays has a higher Google Play rating of 4.7.
Potential Drawbacks
- Barclays' higher APY is only available for large balances over $250,000.
- The Online Savings account has a lower APY of 3.70%.
Summary: Axos Bank's Axos ONE account offers a higher APY of 4.66%, but requires a $1,500 minimum balance for that rate. Barclays provides a tiered savings option with a 4.10% APY for large balances, but its lower tiers yield less. Both banks have strong BBB ratings, but Barclays has slightly better app ratings. Overall, Axos Bank may be more appealing for those with lower balances looking for higher yields.
Compare Axos Bank's vs Barclays' Savings Accounts
| Axos Bank | Barclays | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | High Yield Savings | vs | Tiered Savings | Online Savings |
| APY | 4.66% (as of 6/20/2025) | 0.61% (as of 6/20/2025) | 3.90% - 4.10% (as of 6/20/2025) | 3.70% (as of 6/20/2025) | |
| Bundled Account | Yes | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | $250,000 | Enough to earn $0.01 in interest | |
| Maintenance Fee | $0 | $0 | $0 | $0 | |
| Direct Deposit Required | Yes. Min. $1,500/month to ONE Checking. | No | No | No | |
| Note | This APY is only available in the Axos ONE savings and checking bundle. Must maintain $1,500 on avg. daily balance in ONE Checking for APY. | N/A | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | N/A | |
| Visit Bank | Axos ONE | High Yield Savings | Tiered Savings | Online Savings | |
| App Store Rating | 4.7/5 | 4.8/5 | |||
| Google Play Rating | 4.4/5 | 4.7/5 | |||
| BBB Rating | A+ | A+ | |||
Comparative Historical APY Insights (Last 5 Months)
| Axos Bank | Barclays | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Axos ONE | vs | Online Savings | Tiered Savings |
| Latest APY | 0.61 % | 4.66 % | 3.70 % | 4.10 % | |
| Trend | Sideways | Falling | Sideways | Falling | |
| Slope (bps/mo) | -0.0 | -5.9 | -4.1 | -7.0 | |
| Rate Changes / Mo | 0.00 | 0.20 | 0.99 | 1.19 | |
| Days Since Last Change | 151 | 82 | 12 | 4 | |
| High (-5 m) | 0.61 % | 4.86 % | 4.00 % | 4.50 % | |
| Low (-5 m) | 0.61 % | 4.66 % | 3.70 % | 4.10 % | |
| Draw-down from High | 0.0 % | -4.1 % | -7.5 % | -8.9 % | |
| Volatility (CV) | 0.000 | 0.021 | 0.018 | 0.025 | |
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 151 days.
- Low (-5 m)
- Lowest APY in the last 151 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.
Calculate Savings Growth for Axos Bank vs Barclays
All calculations are based on APY.
Axos Bank
APY: 4.66%
Total savings breakdown:
- Interest earned: $46.6 (4.45%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.55%)
Your total balance
$1,046.60
Effective APY: 4.66% (based on your deposit and contributions)
Total balance: $1,046.6
Earnings: $46.6
Bank DetailsBarclays
APY: 4.10%
Total savings breakdown:
- Interest earned: $41 (3.94%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.06%)
Your total balance
$1,041.00
Effective APY: 4.10% (based on your deposit and contributions)
Total balance: $1,041
Earnings: $41
Bank DetailsAfter 1 year Axos Bank would earn you $5.6 more than Barclays.
More Comparisons
Compare Axos Bank's APY of 4.66% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Axos Bank vs Ally Bank | 3.50% | $0 |
| Axos Bank vs American Express | 3.60% | $0 |
| Axos Bank vs Bank of America | 0.01% | $100 |
| Axos Bank vs Capital One | 3.60% | $0 |
| Axos Bank vs Chase Bank | 0.01% | $0 |
| Axos Bank vs Chime | 3.75% | $0 |
| Axos Bank vs CIT Bank | 4.00% | $100 |
| Axos Bank vs Discover Bank | 3.60% | $0 |
| Axos Bank vs Fitness Bank | 5.00% | $100 |
| Axos Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Axos Bank vs SoFi Bank | 3.80% | $0 |
| Axos Bank vs Synchrony Bank | 3.80% | $0 |
| Axos Bank vs Varo Bank | 5.00% | $0 |
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 | 3.60% | $0 |
| Barclays vs Bank of America | 0.01% | $100 |
| Barclays vs Capital One | 3.60% | $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 | 3.60% | $0 |
| Barclays vs Fitness Bank | 5.00% | $100 |
| Barclays vs Marcus by Goldman Sachs | 3.65% | $0 |
| Barclays vs SoFi Bank | 3.80% | $0 |
| Barclays vs Synchrony Bank | 3.80% | $0 |
| Barclays vs Varo Bank | 5.00% | $0 |