Barclays vs. GO2bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | BarclaysTiered Savings Jan 21, 2026 | GO2bankHigh Yield Savings Jan 21, 2026 |
|---|---|---|
| APY | 3.85% - 4.00% | 0.00% - 4.50% |
Est. Earnings | $5,000+$193 $10,000+$385 $25,000+$963 | $5,000+$225 $10,000+$225 $25,000+$225 |
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%. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android App | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking Bundle |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
As of Barclays offers an APY of 4.00% for its Tiered Savings account, with a minimum balance of $250,000, compared to GO2bank's 4.50% APY for its High Yield Savings account, with a minimum balance of $0.
Barclays pays $160 more than GO2bank on a $10,000 balance after one year. Barclays pays $385 (with an effective APY of 3.85%), while GO2bank pays $225 (with an effective APY of 2.25%) - 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?
- ✓No checking account or direct deposit required
- ✓Offers 2 different high-yield savings options
Why GO2bank?
- ✓Higher potential APY (4.50% vs 3.60%-4.00%) on balances up to $5,000 (requires checking bundle)
— Key Feature Differences —
Better Returns at $10,000
BarclaysBarclays's Tiered Savings earns more on smaller deposits (approx. $385 vs $225/yr).
Better Returns at $25,000
BarclaysBarclays's Tiered Savings pulls ahead with larger amounts (approx. $963 vs $225/yr).
Best for Simplicity
BarclaysBarclays's Online Savings offers 3.60% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Barclays's Tiered Savings pays $160 more interest on a $10,000 balance than GO2bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
GO2bank offers a High Yield Savings account with a competitive 4.50% APY, but it requires a GO2bank checking account to open, and the high rate applies only to balances up to $5,000. In contrast, Barclays provides a Tiered Savings account with a 4.00% APY for balances over $250,000, while lower balances earn 3.85%. Barclays also has an Online Savings option with a 3.60% APY, which is simpler as it has no direct deposit requirement or minimum balance constraints. Overall, while GO2bank has a higher APY, its limitations on balance and account requirements may affect its appeal.
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
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Barclays vs. GO2bank Savings Calculator
You earn $160 more with Barclays than GO2bank 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
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$225.00(2.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,225.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Barclays | GO2bank |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 1/21/2026 ↘︎ 0.10%90d Change | 4.50% 0Verified: 1/21/2026 Stable (90d) |
| Product Name | Tiered Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0 |
| Monthly Fee | $0 | $5 per month, unless you set up direct deposit |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.7 | iOS4.8 Android4.5 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | Not Rated |
| Important Notes | The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at GO2bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | GO2bank | |
|---|---|---|---|
| Online Savings | Tiered Savings | High Yield Savings | |
Current APY | 3.60% | 4.00% | 4.50% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.5 | -2.6 | 0.0 |
Days Since Change | 56 | 63 | 167 |
6-Month High | 3.70% | 4.10% | 4.50% |
6-Month Low | 3.60% | 4.00% | 4.50% |
Adjustments / Mo | 0.18 | 0.18 | 0.00 |
Volatility Score | 0.013 | 0.012 | 0.000 |
How to read these metrics(Click to expand)
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