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No Fees.  No Minimum Balance.

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4.35% APY   |   Online Savings

Member FDIC


 Picture1Overview by Curt Fournier. Updated April 12, 2024

Boost_Bottom_LineThe Bottom Line

Barclays has competitive rates, and their application allows you to open multiple different deposit accounts in one session.

SAVINGS ACCOUNT FEATURES

Minimum starting deposit
$0 - Must fund with at least $1 within 180 days to remain open
Minimum balance to avoid fees
$0
Minimum balance to obtain APY
$0
Compounding interest
Daily, credited monthly
Ability to add co-applicant
Yes
Withdrawal options
Electronic funds transfer (EFT)
Deposit options
Electronic funds transfer (EFT), check (mailed or mobile)
Branch access
No
Boost_Pro_TipBoost Pro Tip

During their promotional period, new Barclays Savings customers get a $200 Bonus after depositing $25,000.

Here’s what you’ll need handy when opening a Barclays Online Savings Account:

  • Social Security Number (for tax purposes only, it won’t impact your credit score)

  • Bank Account number and routing number for transferring funds

It only takes 3 minutes and you can do it right on your phone. Questions include:

  • Contact Info (Name, Permanent address, Email address, Phone)

  • Date of Birth

  • Occupation (select from the drop-down list)

  • Requested Login Information for new savings account

 All Boost partners offer FDIC insurance up to the maximum allowed by federal law.

Product terms and the application experience are based on the Barclays website as of April 12, 2024 and may have changed. Be sure to verify all terms and conditions with Barclays prior to applying. Bonus offer contingent on eligibility.

Advertising Disclosure: If you open a savings account with one of our partners, we sometimes get a commission. We are deeply committed to only recommending reputable companies and work hard to present a concise list of competitive offers. This means all financial institutions or products are not represented here. It's important to compare interest rates, fees, minimum balance requirements, and other terms and conditions across different financial institutions to choose a high-yield savings account that aligns with your financial goals and preferences.