Savings Account Comparison

Barclays vs. Chase Bank

Comparing Barclays and Chase Bank for savings: Barclays's Tiered Savings pays 3.85% APY while Chase Bank's Chase Savings℠ pays 0.01% APY.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Updated March 24, 2026

The Bottom Line

Who pays more interest on $10,000? Barclays pays $369 more than Chase Bank annually ($370 vs $1).

Choose Barclays if getting the best rate matters most. Choose Chase Bank if you value in-person banking, or you want Zelle for quick transfers.

Comparison of Barclays vs Chase Bank savings accounts
Metric

Barclays

Tiered Savings

Mar 24, 2026

Chase Bank

Chase Savings℠

Mar 24, 2026
APY3.70% - 3.85%0.01%
Est. Earnings
$5,000+$185
$10,000+$370
$25,000+$925
$5,000+$1
$10,000+$1
$25,000+$3
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
The 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%.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.
Features
FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedStable Rate

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

Comparison Analysis

Comparing Barclays vs. Chase Bank

Updated: Mar 24, 2026

Executive Summary

Barclays offers a competitive Tiered Savings account with an APY of 3.85% for balances over $250,000, while lower balances earn 3.70%. This account is online-only and has no maintenance fees, making it an attractive option for those with significant deposits. In contrast, Chase Bank's savings account provides a minimal APY of 0.01% with a monthly maintenance fee of $5, which can be waived under certain conditions. Overall, Barclays is the clear winner with significantly higher yields, particularly for larger balances.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Barclays?

  • Higher potential APY (3.85% vs 0.01%) on all balances
  • No checking account or direct deposit required

Why Chase Bank?

  • Physical branch access (Chase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii.)
  • Fast transfers via Zelle® (up to $2,000 a day)

— Key Feature Differences —

Better Returns at $10,000
Barclays

Barclays's Tiered Savings earns more on smaller deposits (approx. $370 vs $1/yr).

Better Returns at $25,000
Barclays

Barclays's Tiered Savings pulls ahead with larger amounts (approx. $925 vs $3/yr).

Shared Benefits

Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Barclays's Tiered Savings pays $369 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Chase BankBarclays
Verify At
Barclays

Non-sponsored link to official site

Verify At
Chase Bank

Non-sponsored link to official site

Top Market Contenders

Synchrony Bank
3.50% APY

Barclays vs. Chase Bank Savings Calculator

Calculations based on current APY for Tiered Savings and Chase Savings℠
$
$

You earn $369 more with Barclays than Chase Bank 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.

Barclays

Tiered Savings

3.85% APY

Higher APY requires $250,000

Savings Breakdown

  • Interest Earned
    +$370.00(3.6%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,370.00

Effective APY
3.70%

Chase Bank

Chase Savings℠

0.01% APY

Savings Breakdown

  • Interest Earned
    +$1.00(0.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,001.00

Effective APY
0.01%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

FeatureBarclaysChase Bank
APY
3.85%
Range: 3.70% - 3.85%
Verified: 3/24/2026
↘︎ 0.15%90d Change
0.01%
Verified: 3/24/2026
Stable (90d)
Product NameTiered SavingsChase Savings℠
Minimum Deposit$0$0
Min. Balance for APY$250,000$0
Monthly Fee$0$5
Compound FrequencyDailyMonthly
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Physical BranchesNoneChase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii.
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.7
iOS4.8
Android4.8
FDIC Insured
Zelle® Support
Not Supported
Available
Limit: $2,000/dayBranded as Chase QuickPay; dynamic limits up to $10k.
BBB RatingA+A-
Important NotesThe 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%.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.
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 12 Months Analysis
MetricBarclaysChase Bank
Tiered SavingsOnline SavingsChase Savings℠
Current APY
3.85%3.50%0.01%
Trend
Stable Stable Stable
Velocity (bps/mo)
-3.5-2.60.0
Days Since Change
3232365
12-Month High
4.40%3.90%0.01%
12-Month Low
3.85%3.50%0.01%
Adjustments / Mo
0.580.490.00
Volatility Score
0.0330.0260.000
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 365-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Barclays' APY of 3.85% with other banks
Compare Chase Bank's APY of 0.01% with other banks