Barclays vs Chase Bank
High-Yield Savings Accounts Comparison
Last Updated: June 20, 2025
Summary of Barclays vs. Chase Bank
As of June 20, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, compared to Chase Bank's 0.01% APY for its Chase Savings℠ account.
Barclays yields $409 more than Chase Bank on a $10,000 balance after one year. Barclays pays $410, while Chase Bank pays $1 - an APY advantage for Barclays.
In addition, Barclays also offers 3.70% APY for the Online Savings account.
Barclays
Strengths
- Barclays offers a high APY of 4.10% for balances over $250,000.
- Barclays has an A+ BBB rating and is BBB Accredited.
- Barclays has a higher App Store rating of 4.8 compared to Chase's 4.8.
Potential Drawbacks
- Barclays' APY decreased from 4.20% in the last 30 days.
- Barclays requires a minimum balance of $250,000 for the highest APY.
- Barclays does not offer any branches for in-person services.
Chase Bank
Strengths
- Chase offers a low minimum deposit requirement of $0 for its savings account.
- Chase's APY remains stable at 0.01% over the last 30 days.
- Chase allows for account maintenance fee waivers under certain conditions.
Potential Drawbacks
- Chase's APY is significantly lower at 0.01% compared to Barclays' 4.10%.
- Chase has an A- BBB rating, lower than Barclays' A+ rating.
- Chase has a lower Google Play rating of 4.5 compared to Barclays' 4.7.
Summary: Barclays outperforms Chase Bank with a significantly higher APY of 4.10% for large balances, while Chase offers a more accessible account with no minimum deposit. However, Barclays' APY has decreased recently and requires a high minimum balance to achieve its best rate. Chase has a lower APY of 0.01% and a less favorable BBB rating, but it allows for fee waivers and has a stable APY.
Compare Barclays' vs Chase Bank's Savings Accounts
| Barclays | Chase Bank | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | Chase Savings℠ |
| APY | 3.90% - 4.10% (as of 6/20/2025) | 3.70% (as of 6/20/2025) | 0.01% (as of 6/20/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $0 | |
| Maintenance Fee | $0 | $0 | $5 | |
| Direct Deposit Required | No | No | No | |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | N/A | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | |
| Visit Bank | Tiered Savings | Online Savings | Chase Savings℠ | |
| App Store Rating | 4.8/5 | 4.8/5 | ||
| Google Play Rating | 4.7/5 | 4.5/5 | ||
| BBB Rating | A+ | A- | ||
Comparative Historical APY Insights (Last 5 Months)
| Barclays | Chase Bank | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | Chase Savings℠ |
| Latest APY | 3.70 % | 4.10 % | 0.01 % | |
| Trend | Sideways | Falling | Sideways | |
| Slope (bps/mo) | -4.1 | -7.1 | 0.0 | |
| Rate Changes / Mo | 0.83 | 1.25 | 0.00 | |
| Days Since Last Change | 12 | 4 | 144 | |
| High (-5 m) | 3.90 % | 4.50 % | 0.01 % | |
| Low (-5 m) | 3.70 % | 4.10 % | 0.01 % | |
| Draw-down from High | -5.1 % | -8.9 % | 0.0 % | |
| Volatility (CV) | 0.017 | 0.024 | 0.000 | |
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 144 days.
- Low (-5 m)
- Lowest APY in the last 144 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 Barclays vs Chase Bank
All calculations are based on APY.
Barclays
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 DetailsChase Bank
APY: 0.01%
Total savings breakdown:
- Interest earned: $0.1 (0.01%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (99.99%)
Your total balance
$1,000.10
Effective APY: 0.01% (based on your deposit and contributions)
Total balance: $1,000.1
Earnings: $0.1
Bank DetailsAfter 1 year Barclays would earn you $40.9 more than Chase Bank.
More 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 | 3.60% | $0 |
| Barclays vs Axos Bank | 4.66% | $0 |
| Barclays vs Bank of America | 0.01% | $100 |
| Barclays vs Capital One | 3.60% | $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 |
Compare Chase Bank's APY of 0.01% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Chase Bank vs Ally Bank | 3.50% | $0 |
| Chase Bank vs American Express | 3.60% | $0 |
| Chase Bank vs Axos Bank | 4.66% | $0 |
| Chase Bank vs Bank of America | 0.01% | $100 |
| Chase Bank vs Capital One | 3.60% | $0 |
| Chase Bank vs Chime | 3.75% | $0 |
| Chase Bank vs CIT Bank | 4.00% | $100 |
| Chase Bank vs Discover Bank | 3.60% | $0 |
| Chase Bank vs Fitness Bank | 5.00% | $100 |
| Chase Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Chase Bank vs SoFi Bank | 3.80% | $0 |
| Chase Bank vs Synchrony Bank | 3.80% | $0 |
| Chase Bank vs Varo Bank | 5.00% | $0 |