Barclays vs. Presidential Bank
High-Yield Savings Account Comparison
Last Updated: October 15, 2025
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Summary of Barclays vs. Presidential Bank
Key Metrics at a Glance
| Feature | Barclays | Presidential Bank |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 4.50% Advantage Savings |
| Minimum to Open | $0 | $5,000 |
| Minimum Balance for APY | $250,000 | N/A |
Barclays
Strengths
- Barclays offers a Tiered Savings account with a competitive APY of 4.10% for balances over $250,000.
- Barclays has an A+ BBB rating and is BBB Accredited.
- Barclays has no branches, which may appeal to online-focused users.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 to earn the highest APY.
- Barclays has no direct deposit option for its savings accounts.
- Barclays has only an online presence with no physical branches.
Presidential Bank
Strengths
- Presidential Bank's Advantage Savings account offers a higher APY of 4.50% with a $500 direct deposit requirement.
- Presidential Bank has 10 physical branches, providing in-person banking options.
- Presidential Bank maintains a competitive APY of 4.50%, unchanged over the last 30 days.
Potential Drawbacks
- Presidential Bank has an A- BBB rating and is not BBB Accredited.
- Presidential Bank requires a minimum deposit of $5,000 to open the Advantage Savings account.
- Presidential Bank's Google Play rating is lower at 4.2 compared to Barclays' 4.7.
Summary: Barclays offers a Tiered Savings account with a high APY of 4.10% for large balances and an A+ BBB rating, while Presidential Bank provides a slightly higher APY of 4.50% but requires direct deposits and has a lower BBB rating. Additionally, Presidential Bank has physical branches, which may be a deciding factor for customers preferring in-person service.
→ As of October 15, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, with a minimum balance of $250,000, compared to Presidential Bank's 4.50% APY for its Advantage Savings account, with a minimum balance of N/A.
→ Presidential Bank yields $60 more than Barclays on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while Presidential Bank pays $450 - an APY advantage for Presidential Bank.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs Presidential Bank
All calculations are based on APY.
Barclays
APY: 4.10%
⚠️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
Effective APY: 3.90% (based on your deposit and contributions)
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewPresidential Bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $389.9 lower than Presidential Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs Presidential Bank's Savings Accounts
| Barclays | Presidential Bank | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | Advantage Savings |
| APY | 3.90% - 4.10% (as of 10/15/2025) | 3.70% (as of 10/15/2025) | 4.00% - 4.50% (as of 10/15/2025) | |
| Bundled Account | No | No | Yes | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $5,000 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | N/A | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | |||
| App Store Rating | 4.8/5 | 4.8/5 | ||
| Google Play Rating | 4.7/5 | 4.2/5 | ||
| BBB Rating | A+ | A- | ||
Comparative Historical APY Insights (Last 9 Months)
| Barclays | Presidential Bank | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | Advantage Savings |
| Latest APY | 3.70 % | 4.10 % | 4.50 % | |
| Trend | Sideways | Falling | Sideways | |
| Slope (bps/mo) | -3.2 | -5.4 | 0.0 | |
| Rate Changes / Mo | 0.56 | 0.68 | 0.00 | |
| Days Since Last Change | 127 | 119 | 266 | |
| High (-9 m) | 4.00 % | 4.50 % | 4.50 % | |
| Low (-9 m) | 3.70 % | 4.10 % | 4.50 % | |
| Draw-down from High | -7.5 % | -8.9 % | 0.0 % | |
| Volatility (CV) | 0.024 | 0.035 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-9 m)
- Highest APY in the last 266 days.
- Low (-9 m)
- Lowest APY in the last 266 days.
- Draw-down from High
- How far today sits below the 9-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
More Comparisons
Compare Barclays' APY of 4.10% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Barclays vs Ally Bank | 3.40% | $0 |
| Barclays vs American Express | 3.50% | $0 |
| Barclays vs Axos Bank | 4.51% | $0 |
| Barclays vs Bank of America | 0.01% | $100 |
| Barclays vs BrioDirect | 4.20% | $5,000 |
| Barclays vs Capital One | 3.40% | $0 |
| Barclays vs Chase Bank | 0.01% | $0 |
| Barclays vs Chime | 3.75% | $0 |
| Barclays vs CIT Bank | 3.85% | $100 |
| Barclays vs Discover Bank | 3.40% | $0 |
| Barclays vs Elevault | 4.34% | $0 |
| Barclays vs EverBank | 4.05% | $0 |
| Barclays vs Fitness Bank | 4.75% | $100 |
| Barclays vs FVCbank | 4.10% | $500 |
| Barclays vs GO2bank | 4.50% | $0 |
| Barclays vs Marcus by Goldman Sachs | 3.65% | $0 |
| Barclays vs Neighbors Bank | 4.50% | $0 |
| Barclays vs Newtek Bank | 4.35% | $0 |
| Barclays vs Peak Bank | 4.20% | $100 |
| Barclays vs Pibank | 4.60% | $0 |
| Barclays vs Santander Bank | 0.01% | $25 |
| Barclays vs SoFi Bank | 4.50% | $0 |
| Barclays vs Synchrony Bank | 3.80% | $0 |
| Barclays vs TIMBR | 4.40% | $1,000 |
| Barclays vs UFB Direct | 3.96% | $5000 |
| Barclays vs Varo Bank | 5.00% | $0 |
| Barclays vs Wells Fargo | 0.05% | $25 |
| Barclays vs Zynlo Bank | 4.20% | $10 |