Barclays vs. Pibank
Comparing Barclays and Pibank for high-yield savings: Barclays's Tiered Savings pays 3.75% APY while Pibank's Pibank Savings pays 4.40% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $75 more than Barclays annually ($440 vs $365).
Choose Barclays if mobile app quality matters, or choose Pibank if getting the best rate matters most.
| Metric | BarclaysTiered Savings Apr 21, 2026 | PibankPibank Savings Apr 21, 2026 |
|---|---|---|
| APY | 3.65% - 3.75% | 4.40% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$220 $10,000+$440 $25,000+$1,100 |
Min Deposit | $0 | $0 |
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 InsuredNo MinimumsDaily CompoundingStable Rate |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Executive Summary
Pibank offers a competitive savings product with a higher APY of 4.40% for its Pibank Savings account, which is available without a minimum balance requirement and has no maintenance fees. In contrast, Barclays provides a Tiered Savings account with a 3.75% APY, but this rate is only applicable for balances over $250,000; lower balances earn 3.65%. Both banks are online-only and do not require direct deposit. While Barclays has a strong mobile app experience, Pibank's product is noted for its simplicity and better returns at lower deposit amounts.
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?
- ✓Higher rated iOS app (4.9 vs 2.1)
- ✓Higher rated Android app (4.7 vs 1.8)
Why Pibank?
- ✓Higher potential APY (4.40% vs 3.75%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $440 vs $365/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1100 vs $912/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 2.1) and Android app rated 4.7 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $75 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. Pibank Savings Calculator
You earn $75 more with Pibank 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
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
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 Pibank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Barclays | Pibank |
|---|---|---|
| APY | 3.75% Range: 3.65% - 3.75% Verified: 4/21/2026 ↘︎ 0.25%90d Change | 4.40% Verified: 4/21/2026 ↘︎ 0.20%90d Change |
| Product Name | Tiered Savings | Pibank Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0.01 |
| 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 Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | Pibank | |
|---|---|---|---|
| Tiered Savings | Online Savings | Pibank Savings | |
Current APY | 3.75% | 3.50% | 4.40% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.4 | -2.3 | -0.2 |
Days Since Change | 6 | 60 | 5 |
12-Month High | 4.40% | 3.90% | 4.60% |
12-Month Low | 3.75% | 3.50% | 4.40% |
Adjustments / Mo | 0.58 | 0.41 | 0.08 |
Volatility Score | 0.031 | 0.022 | 0.006 |
How to read these metrics(Click to expand)
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