Barclays vs. EverBank
Barclays edges out EverBank slightly at 4.00% vs 3.90% APY. On a $10,000 balance, the difference is just $5 per year—so other factors may matter more.
The Bottom Line
The Barclays and EverBank savings accounts are very similar. Choose EverBank if you want Zelle for quick transfers.
| Metric | BarclaysTiered Savings Feb 17, 2026 | EverBankPerformance Savings Feb 17, 2026 |
|---|---|---|
| APY | 3.85% - 4.00% | 3.90% |
Est. Earnings | $5,000+$193 $10,000+$385 $25,000+$963 | $5,000+$195 $10,000+$390 $25,000+$975 |
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%. | - |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
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.
Executive Summary
Barclays offers a Tiered Savings account with a competitive 4.00% APY for balances over $250,000, while lower balances yield 3.85%. Additionally, they provide an Online Savings account with a 3.60% APY for amounts sufficient to earn interest. In comparison, EverBank's Performance Savings account provides a 3.90% APY with no minimum balance requirement and no direct deposit needed. Both banks feature online-only services and lack maintenance fees. Overall, Barclays' Tiered Savings account is the winner due to its higher APY 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?
- ✓Offers 2 different high-yield savings options
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Best for Simplicity
EverBankEverBank's Performance Savings offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $5 more interest on a $10,000 balance than Barclays's Tiered Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Barclays vs. EverBank Savings Calculator
You earn $5 more with EverBank than Barclays 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
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $384 per year in interest.
Both Barclays and EverBank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Barclays | EverBank |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 2/17/2026 Stable (90d) | 3.90% Verified: 2/17/2026 ↘︎ 0.15%90d Change |
| Product Name | Tiered Savings | Performance Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | 11 locations in Florida and California |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Native integration verified. |
| 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%. | - |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | EverBank | |
|---|---|---|---|
| Online Savings | Tiered Savings | Performance Savings | |
Current APY | 3.60% | 4.00% | 3.90% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.5 | -3.5 | -4.1 |
Days Since Change | 83 | 90 | 60 |
12-Month High | 3.90% | 4.50% | 4.30% |
12-Month Low | 3.60% | 4.00% | 3.90% |
Adjustments / Mo | 0.41 | 0.58 | 0.16 |
Volatility Score | 0.026 | 0.033 | 0.040 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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