Barclays vs. Sallie Mae Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Barclays
Tiered Savings
Up to4.00%APYDec 10, 2025FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppRange: 3.85% – 4.00%Show Fine Print & Trends Hide Details
Barclays
Tiered Savings
Sallie Mae Bank
High-Yield Savings Account
3.90%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Sallie Mae Bank
High-Yield Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Barclays vs. Sallie Mae Bank Savings Calculator
Sallie Mae Bank earns $32.2 more than Barclays.
Barclays
Tiered Savings
Savings Breakdown
- Interest Earned+$2,338.00(11.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,338.00
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Barclays vs. Sallie Mae Bank
Why Barclays?
- ✓Higher rated iOS app (4.9 vs 1.5)
- ✓Higher rated Android app (4.7 vs 1.6)
- ✓Offers 2 different high-yield savings options
Why Sallie Mae Bank?
No distinct advantages found vs Barclays.
— Key Feature Differences —
Better Returns at $10,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account earns more on smaller deposits (approx. $390 vs $0/yr).
Better Returns at $25,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $975 vs $0/yr).
Best for Simplicity
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
BarclaysBarclays offers an iOS app rated 4.9 (vs. 1.5) and Android app rated 4.7 (vs. 1.6)
Shared Benefits
Over a 1-year period, Sallie Mae Bank's High-Yield Savings Account pays $5 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
Barclays offers a Tiered Savings account with a competitive APY of 4.00% for balances over $250,000, while lower balances yield 3.85%. In contrast, Sallie Mae Bank's High-Yield Savings Account provides a steady APY of 3.90% with no minimum balance requirements, making it accessible for all depositors. Both banks do not require direct deposits, and their accounts are online-only. Notably, Barclays boasts a superior mobile app experience, rated highly on both iOS and Android platforms. Overall, Barclays emerges as the winner due to its higher APY for substantial deposits.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Barclays and Sallie Mae Bank.
| Feature | Barclays | Sallie Mae Bank |
|---|---|---|
| APY | 4.00% Range: 3.85% - 4.00% Verified: 12/10/2025 ↘︎ 0.10%90d Change | 3.90% Verified: 12/10/2025 Stable (90d) |
| Product Name | Tiered Savings | High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.7 | iOS1.5 Android1.6 |
| 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 |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | Sallie Mae Bank | |
|---|---|---|---|
| Online Savings | Tiered Savings | High-Yield Savings Account | |
Current APY | 3.60% | 4.00% | 3.90% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -4.4 | -0.1 |
Days Since Change | 14 | 21 | 313 |
11-Month High | 4.00% | 4.50% | 4.00% |
11-Month Low | 3.60% | 4.00% | 3.90% |
Adjustments / Mo | 0.56 | 0.65 | 0.09 |
Volatility Score | 0.025 | 0.036 | 0.004 |
How to read these metrics(Click to expand)
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