Barclays vs. Fnbo Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of Barclays vs. FNBO Direct
Key Metrics at a Glance
| Feature | Barclays | FNBO Direct |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 3.00% High-Yield Online Savings Account |
| Minimum to Open | $0 | $1 |
| Minimum Balance for Top APY | $250,000 | $0.01 |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. |
Barclays
Strengths
- Barclays offers a higher APY of 4.10% for balances over $250,000.
- Barclays has an A+ BBB rating and is BBB Accredited.
- Barclays has a higher App Store rating of 4.8.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 for the highest APY.
- Barclays does not have any branches.
FNBO Direct
Strengths
- FNBO Direct has a lower minimum deposit of $1 for account opening.
- FNBO Direct has a higher Google Play rating of 4.8.
- FNBO Direct offers a high-yield savings account with no minimum balance requirement.
Potential Drawbacks
- FNBO Direct's APY is lower at 3.00% compared to Barclays.
- FNBO Direct is not rated by the BBB.
→ As of October 16, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, with a minimum balance of $250,000, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
→ Barclays yields $90 more than FNBO Direct on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while FNBO Direct pays $300 - an APY advantage for Barclays.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs FNBO Direct
Barclays
⚠️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 OverviewFNBO Direct
Total savings breakdown:
- Interest earned: $1,798.2 (9.08%)
- Total contributions: $13,000 (65.66%)
- Initial deposit: $5,000 (25.25%)
Your total balance
$19,798.20
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $572 higher than FNBO Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs FNBO Direct's Savings Accounts
| Barclays | FNBO Direct | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | High-Yield Online Savings Account |
| APY | 3.90% - 4.10% (as of 10/16/2025) | 3.70% (as of 10/16/2025) | 3.00% (as of 10/16/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $1 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $0.01 | |
| 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%. | |||
| App Store Rating | 4.8/5 | 4.5/5 | ||
| Google Play Rating | 4.7/5 | 4.8/5 | ||
| BBB Rating | A+ | Not Rated | ||
Comparative Historical APY Insights (Last 3 Months)
| Barclays | FNBO Direct | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | High-Yield Online Savings Account |
| Latest APY | 3.70 % | 4.10 % | 3.00 % | |
| Trend | Sideways | Sideways | Falling | |
| Slope (bps/mo) | 0.0 | -0.0 | -7.7 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.36 | |
| Days Since Last Change | 83 | 83 | 13 | |
| High (-3 m) | 3.70 % | 4.10 % | 3.25 % | |
| Low (-3 m) | 3.70 % | 4.10 % | 3.00 % | |
| Draw-down from High | 0.0 % | 0.0 % | -7.7 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.029 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 84 days.
- Low (-3 m)
- Lowest APY in the last 84 days.
- Draw-down from High
- How far today sits below the 3-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.