High-Yield Savings Account Comparison

Barclays vs. Santander Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Barclays

Tiered Savings

Up to
4.00%
APY
Dec 6, 2025
FDIC InsuredHigh MinimumGreat iOS AppGreat Android App
Range: 3.85% – 4.00%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$250,000
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 57203)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.7
BBB Rating
A+(BBB Accredited)

Important Note

The 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%.

Rate Stability

Rate Adjusted
-0.10%
Since 30 days ago
Read Bank Overview

Santander Bank

Santander Savings

0.01%
APY
Dec 6, 2025
FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person Access
Show Fine Print & Trends
Min. Deposit$25
Min. Balance$0
Maintenance Fee$1
Compound FreqDaily
Direct DepositNot required
Branch AccessPrimarily in the Northeast and Miami, Florida
Deposit InsuranceFDIC Insured(Cert: 29950)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.0
BBB Rating
Not Rated(Not BBB Accredited)

Rate Stability

Rate Adjusted
-0.02%
Since 90 days ago
Read Bank Overview

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.

See Top Rates

Comparison Analysis

Comparing Barclays vs. Santander Bank

Updated: Dec 6, 2025

Why Barclays?

  • ✓Higher potential APY (3.60%-4.00% vs 0.01%) on all balances
  • ✓No checking account or direct deposit required
  • ✓Higher rated Android app (4.7 vs 4.0)
  • ✓Offers 2 different high-yield savings options

Why Santander Bank?

  • ✓Physical branch access (Primarily in the Northeast and Miami, Florida)

— Key Feature Differences —

Better Returns at $10,000
Barclays

Barclays's Tiered Savings earns more on smaller deposits (approx. $385 vs $1/yr).

Better Returns at $25,000
Barclays

Barclays's Tiered Savings pulls ahead with larger amounts (approx. $963 vs $3/yr).

Best for Simplicity
Barclays

Barclays's Online Savings offers 3.60% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Barclays

Barclays offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 4.7 (vs. 4.0)

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Barclays's Tiered Savings pays $384 more interest on a $10,000 balance than Santander Bank's Santander Savings.

Santander BankBarclays
Automated Data Audit

Executive Summary

Barclays offers a competitive Tiered Savings account with an APY of 4.00% for balances over $250,000, making it the standout option compared to Santander Bank's Savings account, which yields only 0.01% APY. For those looking for simplicity, Barclays also has an Online Savings account with a 3.60% APY and no direct deposit requirement, appealing to a broader audience. In contrast, Santander's account requires a minimum deposit of $25 and has a maintenance fee of $1, making it less attractive overall. Both banks provide FDIC insurance, but Barclays's offerings significantly outperform Santander's in terms of interest rates.

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.

ExploreBarclaysExploreSantander Bank

Top Market Contenders

See who beats both Barclays and Santander Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.60% vs Barclays
Better Rate
Pibank vs BarclaysPibank vs Santander Bank
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.50% vs Barclays
Better Rate
Neighbors Bank vs BarclaysNeighbors Bank vs Santander Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.31% vs Barclays
Better Rate
Axos Bank vs BarclaysAxos Bank vs Santander Bank
FeatureBarclaysSantander Bank
APY
4.00%
Range: 3.85% - 4.00%
Verified: 12/6/2025
↘︎ 0.10%90d Change
0.01%
Verified: 12/6/2025
↘︎ 0.02%90d Change
Product NameTiered SavingsSantander Savings
Minimum Deposit$0$25
Min. Balance for APY$250,000$0
Monthly Fee$0$1
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.7
iOS4.8
Android4.0
BBB RatingA+Not Rated
Important NotesThe 4.00% APY is only available for balances over $250,000. For lower balances, the APY is 3.85%.-
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

Barclays earns $2,332.3 more than Santander Bank.

Barclays

Tiered Savings

4.00% APY
Higher APY requires $250,000

Savings Breakdown

  • Interest Earned
    +$2,338.00(11.5%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,338.00

Effective APY
3.85%
View Details

Santander Bank

Santander Savings

0.01% APY

Savings Breakdown

  • Interest Earned
    +$5.70(0.0%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$18,005.70

Effective APY
0.01%
View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricBarclaysSantander Bank
Online SavingsTiered SavingsSantander Savings
Current APY
3.60%4.00%0.01%
Trend
 Stable Stable Stable
Velocity (bps/mo)
-2.6-4.4-0.2
Days Since Change
101778
10-Month High
4.00%4.50%0.03%
10-Month Low
3.60%4.00%0.01%
Adjustments / Mo
0.570.660.09
Volatility Score
0.0250.0360.375
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 318-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar High-Yield Accounts

Compare Barclays vs...

Comparing against Standard Savings

vs Barclays
PibankNo Bundle Req
4.60%
APY
vs Barclays
Neighbors BankNo Bundle Req
4.50%
APY
vs Barclays
TIMBRNo Bundle Req
4.40%
APY

Compare Santander Bank vs...

Comparing against Standard Savings

vs Santander Bank
PibankNo Bundle Req
4.60%
APY
vs Santander Bank
Neighbors BankNo Bundle Req
4.50%
APY
vs Santander Bank
TIMBRNo Bundle Req
4.40%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare Barclays' APY of 4.00% with other banks
Bank PairCompetitor APYMin Deposit
Barclays vs Ally Bank3.30%$0
Barclays vs American Express3.40%$0
Barclays vs Axos Bank4.31%$0
Barclays vs Bank of America0.01%$100
Barclays vs Bask Bank3.90%$0
Barclays vs BMO Alto3.25%$0
Barclays vs BrioDirect4.00%$5,000
Barclays vs Capital One3.40%$0
Barclays vs Chase Bank0.01%$0
Barclays vs Chime3.50%$0
Barclays vs CIT Bank3.75%$100
Barclays vs Citibank3.30%$0
Barclays vs Citizens Access™3.35%$0.01
Barclays vs Climate First Bank4.21%$50
Barclays vs Discover Bank3.40%$0
Barclays vs Elevault4.08%$0
Barclays vs EverBank4.05%$0
Barclays vs Fitness Bank4.75%$100
Barclays vs FNBO Direct3.00%$1
Barclays vs Forbright Bank4.00%$0
Barclays vs FVCbank3.85%$500
Barclays vs GO2bank4.50%$0
Barclays vs Ivy Bank4.25%$2,500
Barclays vs LendingClub4.20%$0
Barclays vs Marcus by Goldman Sachs3.65%$0
Barclays vs Neighbors Bank4.50%$0
Barclays vs Newtek Bank4.35%$0.01
Barclays vs Openbank4.20%$500
Barclays vs Peak Bank4.20%$100
Barclays vs Pibank4.60%$0
Barclays vs PNC3.53%$0
Barclays vs Presidential Bank4.00%$5,000
Barclays vs Quontic Bank3.75%$100
Barclays vs Salem Five Direct3.71%$10
Barclays vs SoFi Bank4.30%$0
Barclays vs Synchrony Bank3.65%$0
Barclays vs TIMBR4.40%$1,000
Barclays vs UFB Direct3.71%$5000
Barclays vs Valley Direct4.10%$1,000
Barclays vs Varo Bank5.00%$0
Barclays vs Vio Bank4.16%$100
Barclays vs Wealthfront4.15%$0
Barclays vs Wells Fargo0.05%$25
Barclays vs Zynlo Bank4.05%$10
Compare Santander Bank's APY of 0.01% with other banks
Bank PairCompetitor APYMin Deposit
Santander Bank vs Ally Bank3.30%$0
Santander Bank vs American Express3.40%$0
Santander Bank vs Axos Bank4.31%$0
Santander Bank vs Bank of America0.01%$100
Santander Bank vs Bask Bank3.90%$0
Santander Bank vs BMO Alto3.25%$0
Santander Bank vs BrioDirect4.00%$5,000
Santander Bank vs Capital One3.40%$0
Santander Bank vs Chase Bank0.01%$0
Santander Bank vs Chime3.50%$0
Santander Bank vs CIT Bank3.75%$100
Santander Bank vs Citibank3.30%$0
Santander Bank vs Citizens Access™3.35%$0.01
Santander Bank vs Climate First Bank4.21%$50
Santander Bank vs Discover Bank3.40%$0
Santander Bank vs Elevault4.08%$0
Santander Bank vs EverBank4.05%$0
Santander Bank vs Fitness Bank4.75%$100
Santander Bank vs FNBO Direct3.00%$1
Santander Bank vs Forbright Bank4.00%$0
Santander Bank vs FVCbank3.85%$500
Santander Bank vs GO2bank4.50%$0
Santander Bank vs Ivy Bank4.25%$2,500
Santander Bank vs LendingClub4.20%$0
Santander Bank vs Marcus by Goldman Sachs3.65%$0
Santander Bank vs Neighbors Bank4.50%$0
Santander Bank vs Newtek Bank4.35%$0.01
Santander Bank vs Openbank4.20%$500
Santander Bank vs Peak Bank4.20%$100
Santander Bank vs Pibank4.60%$0
Santander Bank vs PNC3.53%$0
Santander Bank vs Presidential Bank4.00%$5,000
Santander Bank vs Quontic Bank3.75%$100
Santander Bank vs Salem Five Direct3.71%$10
Santander Bank vs SoFi Bank4.30%$0
Santander Bank vs Synchrony Bank3.65%$0
Santander Bank vs TIMBR4.40%$1,000
Santander Bank vs UFB Direct3.71%$5000
Santander Bank vs Valley Direct4.10%$1,000
Santander Bank vs Varo Bank5.00%$0
Santander Bank vs Vio Bank4.16%$100
Santander Bank vs Wealthfront4.15%$0
Santander Bank vs Wells Fargo0.05%$25
Santander Bank vs Zynlo Bank4.05%$10