Barclays vs. Go2bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Barclays vs. GO2bank
Key Metrics at a Glance
| Feature | Barclays | GO2bank |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 4.50% High Yield Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $250,000 | $0 |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | The 4.50% APY is up to 5,000. Balances above that earn no interest. |
Barclays
Strengths
- Barclays offers a Tiered Savings account with a competitive 4.10% APY for balances over $250,000.
- Barclays has a strong A+ BBB rating and is BBB Accredited.
- Barclays has no maintenance fees or minimum deposit requirements for its savings accounts.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 to earn the highest APY.
- Barclays has no physical branches for in-person banking.
- Barclays' Online Savings account offers a lower APY of 3.70%.
GO2bank
Strengths
- GO2bank provides a higher APY of 4.50% for its High Yield Savings account.
- GO2bank has no minimum balance requirement for its savings account.
- GO2bank's High Yield Savings account has a straightforward structure with no lower APY.
Potential Drawbacks
- GO2bank is not BBB Accredited and has no BBB rating.
- GO2bank charges a $5 monthly maintenance fee unless direct deposit is set up.
- GO2bank has a lower Google Play rating of 4.6 compared to Barclays' 4.7.
→ As of October 21, 2025 Barclays offers an APY of 4.10% 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 yields $165 more than GO2bank on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while GO2bank pays $225 (with an effective APY of 2.25%) - an APY advantage for Barclays.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs GO2bank
Barclays - Tiered Savings
⚠️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 OverviewGO2bank - High Yield Savings
ℹ️You earn 4.50% on the first $5,000 and 0.00% on the rest.
Total savings breakdown:
- Interest earned: $1,230.9 (6.40%)
- Total contributions: $13,000 (67.60%)
- Initial deposit: $5,000 (26.00%)
Your total balance
$19,230.90
Total balance: $19,230.9
Earnings: $1,230.9
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $1,139.3 higher than GO2bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs GO2bank's Savings Accounts
| Barclays | GO2bank | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | High Yield Savings |
| APY | 3.90% - 4.10% (as of 10/21/2025) | 3.70% (as of 10/21/2025) | 0.00% - 4.50% (as of 10/21/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Quarterly | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $0 | |
| Maintenance Fee | $0 | $0 | $5 per month, unless you set up direct deposit | |
| 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%. | The 4.50% APY is up to 5,000. Balances above that earn no interest. | ||
| App Store Rating | 4.8/5 | 4.8/5 | ||
| Google Play Rating | 4.7/5 | 4.6/5 | ||
| BBB Rating | A+ | Not Rated | ||
Comparative Historical APY Insights (Last 2 Months)
| Barclays | GO2bank | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | High Yield Savings |
| Latest APY | 3.70 % | 4.10 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -0.0 | -0.0 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.00 | |
| Days Since Last Change | 75 | 75 | 75 | |
| High (-2 m) | 3.70 % | 4.10 % | 4.50 % | |
| Low (-2 m) | 3.70 % | 4.10 % | 4.50 % | |
| Draw-down from High | 0.0 % | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 2 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 (-2 m)
- Highest APY in the last 76 days.
- Low (-2 m)
- Lowest APY in the last 76 days.
- Draw-down from High
- How far today sits below the 2-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.