Barclays vs. MutualOne Bank
Comparing Barclays and MutualOne Bank for high-yield savings: Barclays's Tiered Savings pays 3.85% APY while MutualOne Bank's Mo Premium Savings pays 4.07% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Barclays pays $370 more than MutualOne Bank annually ($370 vs $0).
Choose Barclays if getting the best rate matters most. Choose MutualOne Bank if you value in-person banking, or you want Zelle for quick transfers.
| Metric | BarclaysTiered Savings Feb 21, 2026 | MutualOne BankMo Premium Savings Feb 21, 2026 |
|---|---|---|
| APY | 3.70% - 3.85% | 4.07% |
Est. Earnings | $5,000+$185 $10,000+$370 $25,000+$925 | $5,000+$0 $10,000+$0 $25,000+$1,018 |
Min Deposit | $0 | $20,000 |
Snapshot view. Rates subject to change. | ||
Terms | The 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%. | - |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedStable Rate |
Comparison Analysis
Comparing Barclays vs. MutualOne Bank
Executive Summary
MutualOne Bank offers a competitive Mo Premium Savings account with a notable APY of 4.07%, requiring a minimum deposit of $20,000. This account has no direct deposit requirement, making it accessible for those who meet the balance threshold. In comparison, Barclays features a Tiered Savings account with a maximum APY of 3.85%, applicable only for balances over $250,000, while lower balances yield 3.70%. Although Barclays's account has no minimum deposit requirement, the higher yield at MutualOne Bank positions it as the more attractive option for savers looking to maximize their returns.
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?
- ✓Offers 2 different high-yield savings options
Why MutualOne Bank?
- ✓Higher potential APY (4.07% vs 3.50%-3.85%)
- ✓Physical branch access (Full-service banking offices in Framingham, MA, and Natick, MA)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
BarclaysBarclays's Tiered Savings earns more on smaller deposits (approx. $370 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $925/yr).
Best for Simplicity
MutualOne BankMutualOne Bank's Mo Premium Savings offers 4.07% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $37 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
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Barclays vs. MutualOne Bank Savings Calculator
You earn $74 more with MutualOne Bank than Barclays on a $20,000 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+$740.00(3.6%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,740.00
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Barclays | MutualOne Bank |
|---|---|---|
| APY | 3.85% Range: 3.70% - 3.85% Verified: 2/21/2026 ↘︎ 0.15%90d Change | 4.07% Verified: 2/21/2026 Stable (90d) |
| Product Name | Tiered Savings | Mo Premium Savings |
| Minimum Deposit | $0 | $20,000 |
| Min. Balance for APY | $250,000 | $20,000 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Monthly |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Physical Branches | None | Full-service banking offices in Framingham, MA, and Natick, MA |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Verified via website and app descriptions. |
| BBB Rating | A+ | A+ |
| Important Notes | The 3.85% APY is only available for balances over $250,000. For lower balances, the APY is 3.70%. | - |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | MutualOne Bank | ||
|---|---|---|---|---|
| Online Savings | Tiered Savings | Online Savings | Mo Premium Savings | |
Current APY | 3.50% | 3.85% | 0.40% | 4.07% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -2.9 | -2.9 | 0.0 | -0.0 |
Days Since Change | 1 | 1 | 162 | 162 |
5-Month High | 3.70% | 4.10% | 0.40% | 4.07% |
5-Month Low | 3.50% | 3.85% | 0.40% | 4.07% |
Adjustments / Mo | 0.37 | 0.37 | 0.00 | 0.00 |
Volatility Score | 0.014 | 0.013 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Barclays' APY of 3.85% with other banks
Compare MutualOne Bank's APY of 4.07% with other banks
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