Barclays vs. Elevault
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | BarclaysTiered Savings Jan 21, 2026 | ElevaultHigh Yield Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.85% - 4.00% | 3.82% |
Est. Earnings | $5,000+$193 $10,000+$385 $25,000+$963 | $5,000+$191 $10,000+$382 $25,000+$955 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%. | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android App | FDIC InsuredNo Minimums |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
As of Barclays offers an APY of 4.00% for its Tiered Savings account, with a minimum balance of $250,000, compared to Elevault's 3.82% APY for its High Yield Savings Account, with a minimum balance of $0.
Barclays pays $3 more than Elevault on a $10,000 balance after one year. Barclays pays $385 (with an effective APY of 3.85%), while Elevault pays $382 - an APY advantage for Barclays.
In addition, Barclays also offers 3.60% APY for the Online Savings account, with a minimum balance of Enough to earn $0.01 in interest.
Why Barclays?
- ✓Higher potential APY (3.60%-4.00% vs 3.82%) on all balances
- ✓No checking account or direct deposit required
- ✓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 —
Best for Simplicity
BarclaysBarclays's Online Savings offers 3.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 3.7) and Android app rated 4.7 (vs. 3.9)
Shared Benefits
Over a 1-year period, Barclays's Tiered Savings pays $3 more interest on a $10,000 balance than Elevault's High Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Barclays and Elevault both offer competitive online savings options, but Barclays's Tiered Savings account stands out with a higher APY of 4.00% for balances over $250,000, while lower balances earn 3.85%. In contrast, Elevault's High Yield Savings Account provides a 3.82% APY, applicable up to $250,000, with no interest earned on amounts above that limit. Both banks have no maintenance fees and do not require direct deposit, making them accessible for a range of savers. Barclays also features an Online Savings account with a simpler 3.60% APY, which may appeal to those with smaller balances.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Barclays vs. Elevault Savings Calculator
You earn $3 more with Barclays than Elevault 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
Higher APY requires $250,000
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
Elevault
High Yield Savings Account
3.82% on first $250,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$382.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,382.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Barclays | Elevault |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 1/21/2026 ↘︎ 0.10%90d Change | 3.82% Verified: 1/21/2026 ↘︎ 0.52%90d Change |
| Product Name | Tiered Savings | High Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.7 | iOS3.7 Android3.9 |
| Zelle® Support | Not Supported | Not Supported |
| 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%. | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at Elevault Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | Elevault | |
|---|---|---|---|
| Online Savings | Tiered Savings | High Yield Savings Account | |
Current APY | 3.60% | 4.00% | 3.82% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.5 | -2.6 | -17.3 |
Days Since Change | 56 | 63 | 36 |
6-Month High | 3.70% | 4.10% | 4.60% |
6-Month Low | 3.60% | 4.00% | 3.82% |
Adjustments / Mo | 0.18 | 0.18 | 0.54 |
Volatility Score | 0.013 | 0.012 | 0.068 |
How to read these metrics(Click to expand)
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