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Barclays logo
#2 of 15 in our CD ranking
BarclaysCDsBest for lighter penalties

Barclays Online CD Review

Our take: Top rates on most terms, up to 4.75% APY, with no minimum deposit and lighter penalties than most on terms up to 2 years. The 9 month term pays less.

Best APY4.75%
12 month APY4.50%
Minimum deposit$0
Learn more Goes to Barclays’s website. Rates as of Oct 7, 2026.
4.7out of 5BankingPicks rating
Best CD APY 30%5.0
12 month APY 20%5.0
Penalties and flexibility 15%4.5
Minimum deposit 15%5.0
App and support 10%3.6
Safety 10%4.5

Weights in italics. APY scores are set against a 4.50% benchmark. App and support is based on App Store and Google Play ratings. See the methodology.

Pros

  • 4.50% APY for 12 months and 4.75% for 24 and 60 months
  • No minimum deposit
  • Lighter penalties than most on terms up to 2 years

Cons

  • 9 month term pays less (4.00% APY as of Oct 7, 2026)
  • Lower rated app than most banks we track
  • No phone support after 8pm ET

Key facts

Terms
6 to 60 months
Early withdrawal penalty
90 days of interest (24 months or less); 180 days (longer terms)
At maturity
14 day grace period
Compounding
Daily, credited monthly
Minimum to open
$0
Monthly fee
No monthly fee
Insurance
FDIC insured up to $250,000 per depositor, per ownership category
FDIC certificate
57203 (Barclays Bank Delaware, Wilmington, DE)
Who can open
US citizens and resident aliens 18 or older with an SSN or TIN and a US address
Mobile app
Barclays US Savings app: 3.6 on the App Store (Sep 28, 2026)
Customer service
888-710-8756, 8am to 8pm ET, 7 days a week

Source: Barclays website, checked Oct 28, 2026. Insurance details from the FDIC BankFind database.

Barclays pays 4.75% APY on its 24 and 60 month CDs and 4.50% on its 12 month CD, with no minimum deposit. Its 18, 36 and 48 month terms pay 4.50%, and 6 and 9 month terms pay 4.00%. Rates as of Oct 7, 2026, checked against Barclays’ website on Oct 28, 2026.

Barclays CD rates today

TermAPY
6 months4.00%
9 months4.00%
12 months4.50%
18 months4.50%
24 months4.75%
36 months4.50%
48 months4.50%
60 months4.75%

Rates valid as of October 7, 2026, from Barclays’ Online CD page, checked Oct 28, 2026. Interest compounds daily and is credited monthly.

CD rates change often for new deposits. Once you open a CD, your rate is fixed for the term.

Our verdict

Barclays Online CDs combine strong rates on almost every term with no minimum deposit and relatively light penalties. That mix puts it at the top of our CD ranking.

The 24 and 60 month CDs at 4.75% are the standouts. Short terms of 6 and 9 months pay noticeably less, and the savings app has weaker ratings than most banks we track.

Which Barclays CD term is best?

  • 1 year: 4.50% with no minimum, one of the strongest 12 month rates we track.
  • 2 years: 4.75%, the best mix of rate and flexibility, since the penalty is still only 90 days of interest.
  • 5 years: also 4.75%, but the penalty rises to 180 days of interest, so only lock in if you will not need the money.
  • Under a year: 4.00% on 6 and 9 months. A 12 month CD pays more if you can wait a bit longer.

On a $10,000 deposit, the 12 month CD earns about $450 in a year.

For context, the best 12 month rate across the CDs we track is 4.65% APY at CFG Bank CDs, and the best rate on any term is 5.00% at Sallie Mae Bank CDs. See every CD side by side on our best CD rates page.

How Barclays CD rates compare, term by term

At our checks between Oct 19 and Oct 22, 2026, Barclays was within 0.05 points of the best no minimum rate on 2 and 5 years (4.75% versus E*TRADE’s 4.80%), and it had the best 4 year rate we track with no minimum deposit. On short terms it trails: 4.00% on 6 and 9 months is 0.20 to 0.40 points behind.

TermBarclaysBest rate we trackBest with no minimum
6 months4.00%Happen Bank 4.40% ($500)E*TRADE 4.20%
9 months4.00%E*TRADE and Bread Savings 4.40%E*TRADE 4.40%
12 months4.50%Popular Direct 4.60% ($10,000)E*TRADE 4.55%
18 months4.50%Bread Savings 4.85% ($1,500)E*TRADE 4.55%
24 months4.75%E*TRADE 4.80%E*TRADE 4.80%
36 months4.50%Popular Direct 4.85% ($10,000)E*TRADE 4.80%
48 months4.50%Popular Direct 4.95% ($10,000)Barclays 4.50%
60 months4.75%Sallie Mae 5.00% ($2,500) and Popular Direct 5.00% ($10,000)E*TRADE 4.80%

Each rate checked at the bank’s own website between Oct 19 and Oct 23, 2026. Barclays rates valid as of Oct 7, 2026. Popular Direct needs $10,000 per CD, Bread Savings $1,500 and Happen Bank $500.

Where Barclays stands out is the penalty: 90 days of interest on terms of 24 months or less and 180 days on longer terms. Popular Direct, which pays more on 3 to 5 years, charges 365 to 730 days. If there is any chance you will need the money early, that difference can outweigh a few tenths of a point. Compare more on our best CD rates page and in CDs with no minimum deposit.

Penalties and maturity

Early withdrawal costs 90 days of simple interest on terms of 24 months or less and 180 days on longer terms. There is no minimum to open, but you must fund the CD within 14 days. You get a 14 day grace period at maturity.

Is it safe?

Barclays Bank Delaware (Wilmington, Delaware) is FDIC insured under certificate 57203, which we confirmed in the FDIC BankFind database. Deposits are covered up to $250,000 per depositor, per ownership category.

Compare CD rates by term: 6 month · 9 month · 1 year · 18 month · 2 year · 3 year · 4 year · 5 year

How we rated it

It earns top marks for its rates, no minimum and lighter penalties, and loses points on its app ratings. It scores 4.7 out of 5 on our scorecard for this category. See how we score on the comparison page and our methodology.

How Barclays compares

AccountRatingBest APY12 month APY
E*TRADE CDs (Morgan Stanley Private Bank)4.74.80%4.55%
Barclays Online CD4.74.75%4.50%
Synchrony Bank CDs4.74.75%4.30%
Capital One 360 CDs4.74.50%4.00%
Marcus by Goldman Sachs High Yield CD4.64.40%4.40%
Bread Savings CD4.44.85%4.45%
CFG Bank CDs4.44.82%4.65%
Happen Bank CD4.44.76%3.50%
American Express CDs4.44.40%3.65%
Always.bank CDs4.34.15%4.15%
Service Credit Union Share Certificates4.34.10%4.10%
Sallie Mae Bank CDs4.25.00%4.50%
Ivy Bank CDs4.24.25%4.05%
Popular Direct CDs4.05.00%4.60%
Peak Bank CDs4.03.69%3.69%

See the full CD ranking →

Barclays CD FAQ

What are Barclays CD rates today?

Barclays lists 4.75% APY on 24 and 60 month CDs, 4.50% on 18, 36 and 48 months, 4.50% on 12 months and 4.00% on 6 and 9 months, valid as of Oct 7, 2026.

Is there a minimum deposit for a Barclays CD?

No. There is no minimum deposit, but you must fund the CD within 14 days.

What is the Barclays CD early withdrawal penalty?

90 days of simple interest for terms of 24 months or less, and 180 days for terms over 24 months.

What happens when a Barclays CD matures?

You get a 14 day grace period to withdraw, add money or change the term before it renews.

Are Barclays CD rates good right now?

For a CD with no minimum deposit, yes. At our checks between Oct 19 and Oct 22, 2026, Barclays paid 4.75% APY on 2 and 5 years, just under E*TRADE's 4.80%, and had the best no minimum 4 year rate we track at 4.50%.

Does Barclays require a minimum deposit for a CD?

No. Barclays Online CDs have no minimum opening deposit, and you have 14 days to fund the CD after opening.

Ready to open Barclays Online CD?

Rates as of Oct 7, 2026. Confirm the current rate and terms on the provider’s site before you apply.

Learn more
BankingPicks Editorial Team

We compare banking products on published scorecards and check every figure against the provider’s own website. We don’t accept payment for rankings. Editorial policy · Methodology

Barclays Online CD rate history

Every change we found to this account’s rates in our checks of the bank’s website, newest first, with the date the bank gives for each rate. See every bank on our rate change tracker.

Rate as ofAccountTermChangeDirection
Oct 7, 2026Online CD9 months4.15% to 4.00% APYCut
Oct 7, 2026Online CD12 months4.25% to 4.50% APYRaised
Oct 7, 2026Online CD18 months3.00% to 4.50% APYRaised
Oct 7, 2026Online CD24 months4.35% to 4.75% APYRaised
Oct 7, 2026Online CD36 months2.50% to 4.50% APYRaised
Oct 7, 2026Online CD48 months2.50% to 4.50% APYRaised
Oct 7, 2026Online CD60 months4.25% to 4.75% APYRaised