No Fees. No Minimum Balance.
Overview by Curt Fournier. Updated April 12, 2024
Barclays has competitive rates, no minimum balance to open, no monthly maintenance fees, and their online application is one of the simplest to complete, even offering the ability to save your progress.
SAVINGS ACCOUNT FEATURES†
The Barclays application allows you to open a Savings account and a Certificate of Deposit (CD) account in one session so no need to enter everything twice if you're looking to split your funds between different types of deposit accounts.
Here’s what you’ll need handy when opening a Barclays Online Savings Account:
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Social Security Number (for tax purposes only, it won’t impact your credit score)
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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:
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Contact Info (Name, Permanent address, Email address, Phone)
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Date of Birth
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Occupation (select from the drop-down list)
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Requested Login Information for new savings account
A All featured companies 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.
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