Barclays vs. Charles Schwab Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
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
Charles Schwab Bank
Schwab Bank Investor Savings™
0.15%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppIn-Person AccessShow Fine Print & Trends Hide Details
Charles Schwab Bank
Schwab Bank Investor 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.
Barclays vs. Charles Schwab Bank Savings Calculator
Barclays earns $2,251.9 more than Charles Schwab Bank.
Barclays
Tiered Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
Charles Schwab Bank
Schwab Bank Investor Savings™
Savings Breakdown
- Interest Earned+$86.10(0.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,086.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Barclays vs. Charles Schwab Bank
Why Barclays?
- ✓Higher potential APY (3.60%-4.00% vs 0.15%)
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.7 vs 2.9)
- ✓Offers 2 different high-yield savings options
Why Charles Schwab Bank?
No distinct advantages found vs Barclays.
— Key Feature Differences —
Better Returns at $10,000
Charles Schwab BankCharles Schwab Bank's Schwab Bank Investor Savings™ earns more on smaller deposits (approx. $15 vs $0/yr).
Better Returns at $25,000
Charles Schwab BankCharles Schwab Bank's Schwab Bank Investor Savings™ pulls ahead with larger amounts (approx. $38 vs $0/yr).
Best for Simplicity
BarclaysBarclays's Online Savings offers 3.60% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Barclays's Tiered Savings pays $370 more interest on a $10,000 balance than Charles Schwab Bank's Schwab Bank Investor Savings™.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Barclays offers a Tiered Savings account with a competitive 4.00% APY for balances over $250,000, while lower balances earn 3.85%. The account has no maintenance fees and does not require direct deposit, making it an attractive option for those with significant savings. Additionally, Barclays provides an Online Savings account with a 3.60% APY, ideal for those seeking simplicity. In contrast, Charles Schwab Bank's Schwab Bank Investor Savings™ has a much lower APY of 0.15%, but it allows for smaller deposits with no minimum balance requirement. Overall, Barclays stands out as the winner based on the higher APY offered.
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 Barclays and Charles Schwab Bank.
| Feature | Barclays | Charles Schwab Bank |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 12/10/2025 ↘︎ 0.10%90d Change | 0.15% Verified: 12/10/2025 Stable (90d) |
| Product Name | Tiered Savings | Schwab Bank Investor Savings™ |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.7 | iOS4.8 Android2.9 |
| BBB Rating | A+ | A+ |
| Important Notes | 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 | Barclays | Charles Schwab Bank | |
|---|---|---|---|
| Online Savings | Tiered Savings | Schwab Bank Investor Savings™ | |
Current APY | 3.60% | 4.00% | 0.15% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -4.3 | -0.0 |
Days Since Change | 14 | 21 | 314 |
10-Month High | 3.90% | 4.50% | 0.15% |
10-Month Low | 3.60% | 4.00% | 0.15% |
Adjustments / Mo | 0.48 | 0.67 | 0.00 |
Volatility Score | 0.024 | 0.035 | 0.000 |
How to read these metrics(Click to expand)
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