High-Yield Savings Account Comparison

Barclays vs. Elevault

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Barclays

Tiered Savings

Up to
4.00%
APY
Dec 6, 2025
FDIC InsuredHigh MinimumGreat iOS AppGreat Android App
Range: 3.85% 4.00%
Show Fine Print & Trends

Elevault

High Yield Savings Account

4.08%
APY
Dec 6, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends

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.

See Top Rates

Comparison Analysis

Comparing Barclays vs. Elevault

Updated: Dec 6, 2025

Why Barclays?

  • Higher rated iOS app (4.9 vs 3.7)
  • Higher rated Android app (4.7 vs 3.9)
  • Offers 2 different high-yield savings options

Why Elevault?

No distinct advantages found vs Barclays.

— Key Feature Differences —

Better Returns at $10,000
Elevault

Elevault's High Yield Savings Account earns more on smaller deposits (approx. $408 vs $385/yr).

Better Returns at $25,000
Elevault

Elevault's High Yield Savings Account pulls ahead with larger amounts (approx. $1020 vs $963/yr).

Best for Simplicity
Elevault

Elevault's High Yield Savings Account offers 4.08% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Barclays

Barclays offers an iOS app rated 4.9 (vs. 3.7) and Android app rated 4.7 (vs. 3.9)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Elevault's High Yield Savings Account pays $23 more interest on a $10,000 balance than Barclays's Tiered Savings.

BarclaysElevault
Automated Data Audit

Executive Summary

Barclays and Elevault both offer competitive savings products, but Elevault's High Yield Savings Account stands out with an APY of 4.08%. This account is online-only, requires no minimum deposit, and has no maintenance fees, making it a straightforward choice for savers. In comparison, Barclays offers a Tiered Savings account with a maximum APY of 4.00%, but this rate is only available for balances over $250,000; lower balances earn 3.85%. Additionally, Barclays provides an Online Savings account with a 3.60% APY, but it does not surpass Elevault's offering. Both banks have no direct deposit requirements, but Elevault's product is noted for its simplicity and better returns on smaller deposits.

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 Elevault.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.52% vs Elevault
Better Rate
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.42% vs Elevault
Better Rate
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.23% vs Elevault
Better Rate
FeatureBarclaysElevault
APY
4.00%
Range: 3.85% - 4.00%
Verified: 12/6/2025
↘︎ 0.10%90d Change
4.08%
Verified: 12/6/2025
↘︎ 0.52%90d Change
Product NameTiered SavingsHigh Yield Savings Account
Minimum Deposit$0$0
Min. Balance for APY$250,000$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.7
iOS3.7
Android3.9
BBB RatingA+A+
Important NotesThe 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%.The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

Elevault earns $148.4 more than Barclays.

Barclays

Tiered Savings

4.00% APY
Higher APY requires $250,000

Savings Breakdown

  • Interest Earned
    +$2,338.00(11.5%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,338.00

Effective APY
3.85%

Elevault

High Yield Savings Account

4.08% APY

Savings Breakdown

  • Interest Earned
    +$2,486.40(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,486.40

Effective APY
4.08%

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricBarclaysElevault
Online SavingsTiered SavingsHigh Yield Savings Account
Current APY
3.60%4.00%4.08%
Trend
Stable Stable Stable
Velocity (bps/mo)
-1.3-2.0-16.6
Days Since Change
101732
4-Month High
3.70%4.10%4.60%
4-Month Low
3.60%4.00%4.08%
Adjustments / Mo
0.250.250.49
Volatility Score
0.0090.0090.048
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 122-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 4.00% with other banks
Compare Elevault's APY of 4.08% with other banks