Barclays vs. Wealthfront
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Barclays vs. Wealthfront
Key Metrics at a Glance
| Feature | Barclays | Wealthfront |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 4.15% Cash Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $250,000 | $0 |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
Barclays
Strengths
- Barclays offers a tiered savings account with a 4.10% APY for balances over $250,000.
- Barclays has an A+ BBB rating and is BBB Accredited.
- Barclays has a high App Store rating of 4.9.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 to earn the highest APY.
- Barclays does not have a direct deposit option for its accounts.
- Barclays's lower APY is 3.90% for balances under $250,000.
Wealthfront
Strengths
- Wealthfront offers a competitive 4.15% APY for new clients for the first 3 months.
- Wealthfront has a Google Play rating of 4.9, indicating strong user satisfaction.
- Wealthfront has no minimum balance requirement for its cash account.
Potential Drawbacks
- Wealthfront has an F BBB rating and is not BBB Accredited.
- After 3 months, the APY drops to 3.50%, which is lower than Barclays's offerings.
- Wealthfront is not a bank, relying on partner banks for FDIC insurance.
→ As of November 12, 2025 Barclays offers an APY of 4.10% for its Tiered Savings account, with a minimum balance of $250,000, compared to Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.
→ Wealthfront yields $25 more than Barclays on a $10,000 balance after one year. Barclays pays $390 (with an effective APY of 3.9%), while Wealthfront pays $415 - an APY advantage for Wealthfront.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs Wealthfront
Barclays - Tiered Savings
⚠️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
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewWealthfront - Cash Account
Total savings breakdown:
- Interest earned: $2,531.8 (12.33%)
- Total contributions: $13,000 (63.32%)
- Initial deposit: $5,000 (24.35%)
Your total balance
$20,531.80
Total balance: $20,531.8
Earnings: $2,531.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be $161.6 lower than Wealthfront's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs Wealthfront's Savings Accounts
| Barclays | Wealthfront | |||
|---|---|---|---|---|
| Product | Tiered Savings | Online Savings | vs | Cash Account |
| APY | 3.90% - 4.10% (as of 11/12/2025) | 3.70% (as of 11/12/2025) | 3.50% - 4.15% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $250,000 | Enough to earn $0.01 in interest | $0 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | No | |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. | ||
| App Store Rating | 4.9/5 | 4.8/5 | ||
| Google Play Rating | 4.7/5 | 4.9/5 | ||
| BBB Rating | A+ | F | ||
No historical data available.