Barclays vs. MutualOne Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | BarclaysTiered Savings Jan 7, 2026 | MutualOne BankMo Premium Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.85% - 4.00% | 4.07% |
Est. Earnings | $5,000+$193 $10,000+$385 $25,000+$963 | $5,000+$0 $10,000+$0 $25,000+$1,018 |
Min Deposit | $0 | $20,000 |
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%. | - |
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android App | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Barclays vs. MutualOne Bank
As of Barclays offers an APY of 4.00% for its Tiered Savings account, with a minimum balance of $250,000, compared to MutualOne Bank's 4.07% APY for its Mo Premium Savings account, with a minimum balance of $20,000.
MutualOne Bank pays $22 more than Barclays on a $10,000 balance after one year. Barclays pays $385 (with an effective APY of 3.85%), while MutualOne Bank pays $407 - an APY advantage for MutualOne Bank.
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, while MutualOne Bank offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why Barclays?
- ✓Offers 2 different high-yield savings options
Why MutualOne Bank?
- ✓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. $385 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $963/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 $22 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.
Executive Summary as of
MutualOne Bank offers a competitive Mo Premium Savings account with a 4.07% APY, making it the standout option between the two banks. This account requires a minimum deposit of $20,000 and has no direct deposit requirements, providing straightforward access to high returns. In contrast, Barclays features a Tiered Savings account that yields 4.00% APY for balances over $250,000, while lower balances earn 3.85% APY. Although Barclays provides a lower yield for smaller deposits, it also offers an Online Savings account with a 3.60% APY for any balance. Overall, MutualOne Bank's Mo Premium Savings is the more advantageous choice for those looking for simplicity and higher returns.
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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Top Market Contenders
Barclays vs. MutualOne Bank Savings Calculator
You earn $44 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+$770.00(3.7%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,770.00
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 | 4.00% Range: 3.85% - 4.00% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.07% Verified: 1/7/2026 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 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.7 | iOS4.9 Android4.4 |
| Zelle® Support | Not Supported | Available Verified via website and app descriptions. |
| BBB Rating | A+ | A+ |
| Important Notes | The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%. | - |
| 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 | 3.60% | 4.00% | 0.40% | 4.07% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.8 | -3.9 | 0.0 | -0.0 |
Days Since Change | 42 | 49 | 114 | 114 |
4-Month High | 3.70% | 4.10% | 0.40% | 4.07% |
4-Month Low | 3.60% | 4.00% | 0.40% | 4.07% |
Adjustments / Mo | 0.26 | 0.26 | 0.00 | 0.00 |
Volatility Score | 0.013 | 0.012 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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