Barclays vs. Ivy Bank
Comparing Barclays and Ivy Bank for high-yield savings: Barclays's Tiered Savings pays 3.75% APY while Ivy Bank's High-Yield Savings Account pays 3.85% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Ivy Bank pays $20 more than Barclays annually ($385 vs $365).
Choose Barclays if you're an Android user, or choose Ivy Bank if getting the best rate matters most.
| Metric | BarclaysTiered Savings May 23, 2026 | Ivy BankHigh-Yield Savings Account May 23, 2026 |
|---|---|---|
| APY | 3.65% - 3.75% | 0.05% - 3.85% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$193 $10,000+$385 $25,000+$963 |
Min Deposit | $0 | $2,500 |
Snapshot view. Rates subject to change. | ||
Terms | The 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%. | - |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredMod. MinimumGreat iOS AppDaily 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 4.10% APY.
Executive Summary
Ivy Bank's High-Yield Savings Account leads with an APY of 3.85%, making it a strong choice for savers, particularly those with larger deposits. In contrast, Barclays offers a Tiered Savings account with a top APY of 3.75% for balances over $250,000, while lower balances earn 3.65%. Both banks feature online-only accounts with no maintenance fees and no direct deposit requirements. However, Ivy Bank's eligibility is limited to residents outside California and U.S. Territories (except the District of Columbia). For those seeking simplicity, Barclays also provides an Online Savings account with a competitive APY of 3.40%.
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?
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.7 vs 3.8)
- ✓Offers 2 different high-yield savings options
- ✓Available Nationwide
Why Ivy Bank?
No distinct advantages found vs Barclays.
— Key Feature Differences —
Better Returns at $10,000
Ivy BankIvy Bank's High-Yield Savings Account earns more on smaller deposits (approx. $385 vs $365/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $963 vs $912/yr).
Best for Simplicity
BarclaysBarclays's Online Savings offers 3.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 4.6) and Android app rated 4.7 (vs. 3.8)
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $20 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. Ivy Bank Savings Calculator
You earn $20 more with Ivy Bank 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+$365.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,365.00
Ivy Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
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 $364 per year in interest.
Both Barclays and Ivy Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Barclays | Ivy Bank |
|---|---|---|
| APY | 3.75% Range: 3.65% - 3.75% Verified: 5/23/2026 ↘︎ 0.10%90d Change | 3.85% Range: 0.05% - 3.85% Verified: 5/23/2026 Stable (90d) |
| Product Name | Tiered Savings | High-Yield Savings Account |
| Minimum Deposit | $0 | $2,500 |
| Min. Balance for APY | $250,000 | $2,500 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A- |
| Important Notes | The 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%. | - |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at Ivy Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | Ivy Bank | |
|---|---|---|---|
| Online Savings | Tiered Savings | High-Yield Savings Account | |
Current APY | 3.40% | 3.75% | 3.85% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -4.3 | -5.3 | -7.6 |
Days Since Change | 17 | 38 | 94 |
6-Month High | 3.70% | 4.10% | 4.25% |
6-Month Low | 3.40% | 3.75% | 3.85% |
Adjustments / Mo | 0.47 | 0.47 | 0.47 |
Volatility Score | 0.023 | 0.027 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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More Comparisons
Compare Barclays' APY of 3.75% with other banks
Compare Ivy Bank's APY of 3.85% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Ivy Bank vs Ally Bank | 3.10% | $0 |
| Ivy Bank vs American Express | 3.10% | $0 |
| Ivy Bank vs Axos Bank | 4.21% | $0 |
| Ivy Bank vs Capital One | 3.10% | $0 |
| Ivy Bank vs Chime | 3.00% | $0 |
| Ivy Bank vs CIT Bank | 3.75% | $100 |
| Ivy Bank vs Discover Bank | 3.30% | $0 |
| Ivy Bank vs EverBank | 3.90% | $0 |
| Ivy Bank vs Marcus by Goldman Sachs | 3.50% | $0 |
| Ivy Bank vs Newtek Bank | 4.20% | $0.01 |
| Ivy Bank vs Openbank | 4.00% | $500 |
| Ivy Bank vs Pibank | 4.40% | $0 |
| Ivy Bank vs SoFi Bank | 4.00% | $0 |
| Ivy Bank vs Synchrony Bank | 3.40% | $0 |
| Ivy Bank vs Varo Bank | 5.00% | $0 |
| Ivy Bank vs Wealthfront | 4.20% | $0 |