Barclays vs. Chime
Barclays's Tiered Savings pays 3.65% APY while Chime's Chime High-Yield Savings Account pays 3.75% APY.
Note: Chime's Chime High-Yield Savings Account also needs a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Chime pays $25 more than Barclays annually ($375 vs $350).
Choose Barclays if you want a no-strings-attached account. Choose Chime if getting the best rate matters most.
Important Considerations
Chime's Chime High-Yield Savings Account pays its top rate only if you also open a checking account with Chime, while Barclays's Tiered Savings stands alone.
| Metric | BarclaysTiered Savings Sep 4, 2026 | ChimeChime High-Yield Savings Account Sep 4, 2026 |
|---|---|---|
| APY | 3.50% - 3.65% | 3.75% |
Earns in a year | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$188 $10,000+$375 $25,000+$938 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The top APY is only available for balances over $250,000. For lower balances, a lower APY applies. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking BundleDaily Compounding |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Executive Summary
Chime offers a competitive High-Yield Savings Account with an APY of 3.75%, requiring direct deposit and a minimum balance of $1. This account is ideal for those looking for higher returns, especially when paired with a checking account. In contrast, Barclays provides an Online Savings account with a lower APY of 3.20%, which does not require direct deposit and has no minimum balance or maintenance fees, making it simpler for users. However, for higher balances, Barclays's Tiered Savings account offers an APY of 3.65% for deposits over $250,000. Overall, Chime's account stands out for its higher APY.
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?
- No checking account or direct deposit required
- Offers 2 different high-yield savings options
Why Chime?
No distinct advantages found vs Barclays.
Key Feature Differences
Better Returns at $10,000
ChimeChime's Chime High-Yield Savings Account earns more on smaller deposits (approx. $375 vs $350/yr).
Better Returns at $25,000
ChimeChime's Chime High-Yield Savings Account pulls ahead with larger amounts (approx. $938 vs $875/yr).
Better for Simplicity
BarclaysBarclays's Online Savings offers 3.20% APY with no bundling, direct deposit requirement or caps.
Better for All-in-One Banking
ChimeChime's Chime High-Yield Savings Account pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, Chime's Chime High-Yield Savings Account pays $25 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
Top Market Contenders
Barclays vs. Chime Savings Calculator
You earn $25 more with Chime 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
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $345 a year in interest.
Both Barclays and Chime advertise far more than that typical branch-bank rate.
| Feature | Barclays | Chime |
|---|---|---|
| APY | 3.65% Range: 3.50% - 3.65% Observed: 9/4/2026 0.35%90-day change | 3.75% Observed: 9/4/2026 Stable over 90 days |
| Product Name | Tiered Savings | Chime High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 1 (DE) | Not reported |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | Yes |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Important Notes | The top APY is only available for balances over $250,000. For lower balances, a lower APY applies. | - |
| Next Steps | Visit SiteVerify at Barclays Non-sponsored link to official site | Visit SiteVerify at Chime Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Barclays | |
|---|---|---|
| Tiered Savings | Online Savings | |
Current APY | 3.65% | 3.20% |
Trend | Stable | Stable |
Speed of change | -0.03 | -0.05 |
Days Since Change | 72 | 1 |
7-Month High | 3.85% | 3.50% |
7-Month Low | 3.65% | 3.20% |
Changes per month | 0.30 | 0.45 |
Steadiness | 0.022 | 0.035 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 199-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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