Barclays vs. Elevault
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Barclays vs. Elevault
Key Metrics at a Glance
| Feature | Barclays | Elevault |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 4.34% High Yield Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $250,000 | $0 |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | The 4.34% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
Barclays
Strengths
- Barclays offers a Tiered Savings account with a competitive APY of 4.10% for balances over $250,000.
- Barclays has a higher App Store rating of 4.8 compared to Elevault's 3.8.
- Barclays is BBB Accredited with an A+ rating.
Potential Drawbacks
- Barclays' higher APY requires a minimum balance of $250,000.
- Barclays has no physical branches, limiting in-person service.
Elevault
Strengths
- Elevault offers a higher current APY of 4.34%, though it decreased from 4.6% in the past month.
- Elevault has no minimum balance requirement for its High Yield Savings Account.
Potential Drawbacks
- Elevault is not BBB Accredited, despite having an A+ rating.
- Elevault has a lower App Store rating of 3.8 compared to Barclays.
→ As of October 21, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, with a minimum balance of $250,000, compared to Elevault's 4.34% APY for its High Yield Savings Account, with a minimum balance of $0.
→ Elevault yields $44 more than Barclays on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while Elevault pays $434 - an APY advantage for Elevault.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs Elevault
Barclays - Tiered Savings
⚠️The higher APY only applies once your balance reaches $250,000.
Total savings breakdown:
- Interest earned: $2,370.2 (11.64%)
- Total contributions: $13,000 (63.82%)
- Initial deposit: $5,000 (24.55%)
Your total balance
$20,370.20
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewElevault - High Yield Savings Account
Total savings breakdown:
- Interest earned: $2,655.5 (12.86%)
- Total contributions: $13,000 (62.94%)
- Initial deposit: $5,000 (24.21%)
Your total balance
$20,655.50
Total balance: $20,655.5
Earnings: $2,655.5
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $285.3 lower than Elevault's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs Elevault's Savings Accounts
| Barclays | Elevault | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | High Yield Savings Account |
| APY | 3.90% - 4.10% (as of 10/21/2025) | 3.70% (as of 10/21/2025) | 4.34% (as of 10/21/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $0 | |
| Maintenance Fee | $0 | $0 | $0 | |
| 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%. | The 4.34% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | ||
| App Store Rating | 4.8/5 | 3.8/5 | ||
| Google Play Rating | 4.7/5 | 3.9/5 | ||
| BBB Rating | A+ | A+ | ||
Comparative Historical APY Insights (Last 2 Months)
| Barclays | Elevault | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | High Yield Savings Account |
| Latest APY | 3.70 % | 4.10 % | 4.34 % | |
| Trend | Sideways | Sideways | Falling | |
| Slope (bps/mo) | -0.0 | -0.0 | -14.7 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.39 | |
| Days Since Last Change | 75 | 75 | 29 | |
| High (-2 m) | 3.70 % | 4.10 % | 4.60 % | |
| Low (-2 m) | 3.70 % | 4.10 % | 4.34 % | |
| Draw-down from High | 0.0 % | 0.0 % | -5.7 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.028 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 2 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 (-2 m)
- Highest APY in the last 76 days.
- Low (-2 m)
- Lowest APY in the last 76 days.
- Draw-down from High
- How far today sits below the 2-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.