Barclays vs. Ivy Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Barclays vs. Ivy Bank
Key Metrics at a Glance
| Feature | Barclays | Ivy Bank |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 4.25% High-Yield Savings Account |
| Minimum to Open | $0 | $2,500 |
| Minimum Balance for Top APY | $250,000 | $2,500 |
| 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 Tiered Savings account with an APY of 4.10% for balances over $250,000.
- Barclays has an excellent BBB rating of A+ and is BBB Accredited.
- Barclays has a higher App Store rating of 4.9 compared to Ivy Bank.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 to earn the highest APY.
- Barclays does not offer a direct deposit option for any accounts.
- Barclays has no branches, limiting in-person service.
Ivy Bank
Strengths
- Ivy Bank's High-Yield Savings Account has a competitive APY of 4.25%.
- Ivy Bank has a lower minimum deposit requirement of $2,500 for its savings account.
- Ivy Bank's APY is higher than Barclays' lower APY of 3.90%.
Potential Drawbacks
- Ivy Bank has a lower BBB rating of A- and is not BBB Accredited.
- Ivy Bank has a lower App Store rating of 4.7 compared to Barclays.
- Ivy Bank's Google Play rating is only 3.5, significantly lower than Barclays'.
→ As of November 12, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, with a minimum balance of $250,000, compared to Ivy Bank's 4.25% APY for its High-Yield Savings Account, with a minimum balance of $2,500.
→ Ivy Bank yields $35 more than Barclays on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while Ivy Bank pays $425 - an APY advantage for Ivy Bank.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs Ivy Bank
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 OverviewIvy Bank - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,596.8 (12.61%)
- Total contributions: $13,000 (63.12%)
- Initial deposit: $5,000 (24.28%)
Your total balance
$20,596.80
Total balance: $20,596.8
Earnings: $2,596.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $226.6 lower than Ivy Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs Ivy Bank's Savings Accounts
| Barclays | Ivy Bank | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | High-Yield Savings Account |
| APY | 3.90% - 4.10% (as of 11/12/2025) | 3.70% (as of 11/12/2025) | 0.05% - 4.25% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $2,500 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $2,500 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | No | |
| Eligibility | United States | United States | Residents of California and U.S. Territories (except District of Columbia) are ineligible to apply. | |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | |||
| App Store Rating | 4.9/5 | 4.7/5 | ||
| Google Play Rating | 4.7/5 | 3.5/5 | ||
| BBB Rating | A+ | A- | ||
No historical data available.