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Barclays Tiered Savings Review
Our take: A solid rate with no minimum and no monthly fees, a higher rate from $250,000, and a $200 bonus for new money of $25,000 or more. Savings and CDs only; no checking.
Pros
- 3.50% APY with no minimum to open
- No monthly fees
- 3.65% APY on balances of $250,000 to $1,000,000
- $200 bonus for $25,000 in new money (ends Jan 31, 2027)
Cons
- Lower than the top accounts we track
- No checking account or ATM card at Barclays US
- Barclays dates its rate Oct 7, 2026
Key facts
- APY
- 3.50%
- Requirements
- None
- Minimum to open
- $0
- Minimum to earn APY
- None
- Monthly fee
- No monthly fee
- ATM access
- None, transfers only
- Current offer
- $200 when you deposit $25,000 or more within 30 days of opening and keep $25,000 for 120 days.
- Insurance
- FDIC insured through Barclays Bank Delaware up to $250,000 per depositor, per ownership category
- FDIC certificate
- 57203 (Barclays Bank Delaware, Wilmington, DE)
- Who can open
- Personal accounts.
- Mobile app
- Barclays US app: 4.9 on the App Store (Oct 27, 2026)
Source: Barclays website, checked Oct 27, 2026. Insurance details from the FDIC BankFind database.
Barclays Tiered Savings pays 3.50% APY on balances under $250,000 and 3.65% APY on $250,000 to $1,000,000, with no minimum to open and no monthly fees. New savers who deposit $25,000 or more within 30 days can earn a $200 bonus (offer ends Jan 31, 2027). Barclays lists its rates as accurate as of Oct 7, 2026; we checked them on Oct 27, 2026.
Barclays Tiered Savings rates and terms today
| Balance | APY |
|---|---|
| Under $250,000 | 3.50% |
| $250,000 to $1,000,000 | 3.65% |
| Feature | Details |
|---|---|
| Minimum to open | $0 |
| Monthly fee | None |
| Bonus | $200 for $25,000 in new money within 30 days, kept 120 days; ends Jan 31, 2027 |
| Access | Online and the Barclays US app; transfers to and from linked banks |
| FDIC insured | Yes, through Barclays Bank Delaware (certificate 57203) |
From Barclays’ Tiered Savings page; APYs accurate as of Oct 7, 2026, checked Oct 27, 2026. Rates are variable.
Our take
Barclays Tiered Savings is a simple, no fee account from a large bank. The rate is good but not top tier: several online banks we track pay more with no rules. Where Barclays stands out is large balances, with 3.65% APY from $250,000 up to $1,000,000, and its app, rated 4.9 on the App Store.
Barclays US offers savings and CDs only. There is no checking account or ATM card, so you move money by transfer to and from your everyday bank. Barclays also offers Online Savings at 3.20% APY with the same no minimum, no fee terms; Tiered Savings pays more at every balance.
How the $200 bonus works
- Open Tiered Savings and deposit at least $25,000 within 30 days.
- Keep at least $25,000 in the account for 120 days.
- Barclays adds the $200 about 60 days later.
On $25,000, the bonus adds about 0.8 percentage points to your first year return. The offer expires Jan 31, 2027.
How much will Barclays pay you?
| Balance | Interest in one year at Barclays | FDIC national average |
|---|---|---|
| $5,000 | $175 | $19 |
| $10,000 | $350 | $38 |
| $25,000 | $875 | $95 |
| $50,000 | $1,750 | $190 |
If the APY stays the same and interest stays in the account. National average from the FDIC (Oct 19, 2026).
Is Barclays safe?
Yes. Deposits are held at Barclays Bank Delaware, FDIC certificate 57203, a US bank founded in 2001 in Wilmington, Delaware with about $43.5 billion in assets (June 30, 2026), owned by the UK’s Barclays. Deposits are insured up to $250,000 per depositor, per ownership category. Read is Barclays bank legit?, see our Barclays CD review, or compare the best high yield savings accounts.
How Barclays compares
| Account | Rating | APY | Min to open | ATM card |
|---|---|---|---|---|
| Elevault High Yield Savings | 4.6 | 4.34% | $0 | No |
| EverBank Performance Savings Account | 4.6 | 4.20% | $0 | No |
| Happen Bank LevelUp Savings | 4.6 | 4.20% | $0 | Yes |
| Bread Savings High Yield Savings Account | 4.6 | 4.05% | $100 | No |
| Peak Bank Envision High Yield Savings | 4.5 | 4.27% | $100 | No |
| Newtek Bank Personal High Yield Savings Account | 4.5 | 4.20% | $100 | No |
| Openbank High Yield Savings Account | 4.5 | 4.00% | $500 | No |
| E*TRADE Premium Savings | 4.5 | 3.75% | $0 | No |
| Axos ONE Savings | 4.4 | 4.21% | $0 | Yes |
| Always.bank High Yield Savings Account | 4.4 | 4.10% | $0 | No |
| Barclays Tiered Savings | 4.4 | 3.50% | $0 | No |
| Capital One 360 Performance Savings | 4.4 | 3.20% | $0 | No |
| Valley Direct High Yield Savings | 4.3 | 3.30% | $1,000 | No |
| Ally Bank Savings Account | 4.3 | 3.20% | $0 | No |
| American Express High Yield Savings Account | 4.3 | 3.20% | $0 | No |
| Pibank Savings | 4.2 | 4.40% | $0 | No |
| Western Alliance Bank High Yield Savings Premier | 4.2 | 3.80% | $500 | No |
| Ivy Bank High Yield Savings Account | 4.1 | 4.00% | $2,500 | No |
| SoFi Checking and Savings | 4.1 | 3.30% | $0 | Yes |
| Alto Online Savings (BMO) | 4.0 | 3.00% | $0 | No |
Barclays savings FAQ
What is the Barclays Tiered Savings rate?
3.50% APY on balances under $250,000 and 3.65% APY on $250,000 to $1,000,000, accurate as of Oct 7, 2026.
Is there a Barclays savings bonus?
Yes. Barclays pays $200 if you deposit at least $25,000 within 30 days of opening Tiered Savings and keep $25,000 in the account for 120 days. The offer expires Jan 31, 2027.
What is the difference between Barclays Tiered Savings and Online Savings?
Both have no minimum and no monthly fees. Tiered Savings pays 3.50% APY (3.65% from $250,000); Online Savings pays 3.20% APY, as of Oct 7, 2026.
Is Barclays savings FDIC insured?
Yes, through Barclays Bank Delaware, FDIC certificate 57203, up to $250,000 per depositor, per ownership category.
Ready to open Barclays Tiered Savings?
Rates as of Oct 7, 2026. Confirm the current rate and terms on the provider’s site before you apply.