Barclays vs. EverBank
Compare rates, requirements, and features side-by-side to find the best option for you.
Barclays
Tiered Savings
Up to4.00%APYDec 6, 2025FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppRange: 3.85% – 4.00%Show Fine Print & Trends Hide Details
Barclays
Tiered Savings
EverBank
Performance Savings
4.05%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
EverBank
Performance Savings
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.
Comparison Analysis
Comparing Barclays vs. EverBank
Why Barclays?
- ✓Higher rated iOS app (4.9 vs 2.3)
- ✓Higher rated Android app (4.7 vs 1.4)
- ✓Offers 2 different high-yield savings options
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $405 vs $385/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $1013 vs $963/yr).
Best for Simplicity
EverBankEverBank's Performance Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 2.3) and Android app rated 4.7 (vs. 1.4)
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $20 more interest on a $10,000 balance than Barclays's Tiered Savings.
Executive Summary
Barclays and EverBank both offer competitive savings products, with EverBank's Performance Savings leading with an APY of 4.05%, compared to Barclays' Tiered Savings, which offers a maximum APY of 4.00% for balances over $250,000. However, for lower balances, Barclays' Tiered Savings yields 3.85%, making it less favorable for smaller savers. Barclays' Online Savings account provides a steady APY of 3.60% with no minimum deposit required, but it is only available online. EverBank's Performance Savings, on the other hand, has no minimum balance requirement and is also online-only, making it a simpler choice for savers. Both banks have no maintenance fees and are FDIC insured.
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 EverBank.
| Feature | Barclays | EverBank |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 12/6/2025 ↘︎ 0.10%90d Change | 4.05% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| Product Name | Tiered Savings | Performance Savings |
| 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 | iOS2.3 Android1.4 |
| 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 |
Savings Comparison
EverBank earns $129 more than Barclays.
Barclays
Tiered Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$2,467.00(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,467.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | EverBank | |
|---|---|---|---|
| Online Savings | Tiered Savings | Performance Savings | |
Current APY | 3.60% | 4.00% | 4.05% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -4.4 | -2.8 |
Days Since Change | 10 | 17 | 78 |
10-Month High | 4.00% | 4.50% | 4.30% |
10-Month Low | 3.60% | 4.00% | 4.05% |
Adjustments / Mo | 0.57 | 0.66 | 0.09 |
Volatility Score | 0.025 | 0.036 | 0.027 |
How to read these metrics(Click to expand)
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