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- Rated 4.5 stars
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- Barclays Savings & CDs
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Barclays Bank has great Savings and CD account options that are very competitive in the market.
Barclays Bank is an FDIC insured London based institution founded in 1690. The bank, driven by its core values – respect, integrity, service, excellence and stewardship – now serves millions of clients across the world.
Americans have participated in its credit card program for several years and now can take advantage of their online savings accounts and certified deposits (CDs).
*Be sure to see our Bank Promotions page for the best sign-up bonuses offered by the nation’s biggest banks.
Barclays Online CD Special Rates
Barclays offers fixed savings rates for its CDs. Similar to the online savings account, clients don’t have to worry about maintenance fees or keeping a minimum balance. Barclays actually has some of the best CD rates currently.
Clients can choose from nine term length options starting as short as three months and as long as five years. The longer length of time you choose, the higher APY rate.
As you can see from the table below, the longest terms have the best rates.
| Barclays Online CD Rates | |
| Term | APY |
| 3 Month CD | 0.35% |
| 6 Month CD | 0.65% |
| 9 Month CD | 0.70% |
| 12 Month CD | 2.05% |
| 18 Month CD | 2.10% |
| 24 Month CD | 2.20% |
| 36 Month CD | 2.30% |
| 48 Month CD | 2.40% |
| 60 Month CD | 2.65% |
| *Our team updates these rates daily, but always check for updates directly with the bank. | |
30 days before your account matures, you’ll receive an email notification from Barclays. Once your CD matures, you can automatically renew your account at the current interest rate and APY in effect at the point of maturity or make a withdraw of your funds without penalties (14 day grace period).
Each month, clients are able to either keep the newly gained interest in their CD accounts or move those funds into an external account or Barclays Online Savings Account.
Top CD Accounts For Comparison:
Synchrony Bank, EverBank and Popular Direct consistently offer good rates.
- Synchrony Bank Online Savings, CD, Money Market Promotions
- EverBank Review: Checking, Money Market, CD Promotions And Bonuses
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- Live Oak Bank Online Savings And CD Offers, Promotions
- CIT Bank Promotions: Online Money Market Account Earns 1.75% APY
- Salem Five Bank Checking, Savings, CD Promotions
- Barclays Bank Review: Savings And CD Account Offers, Promotions
- Crestmark Bank Online CD Account Promotions Available Nationwide
- Ally Bank Online Checking, Savings, CD, Investing Promotions
MoneysMyLife Top Offer Picks  Earn a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Also earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. Apply for both offers and get a $350 total bonus. Full Review Get $300 when you open a new Chase Premier Plus CheckingSM account and set up direct deposit. This account has more features than the Chase Total Checking® and the monthly service fee can be waived with a few different requirement options. A $300 Checking bonus is one of the best offers from Chase Bank. Full Review Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. This is the most popular Business Checking offer.Full Review |
Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. 
Earn up to 25,000 bonus miles worth $250 in travel every year with the Barclays Arrival® Premier World Elite Mastercard®. Without an initial sign-up bonus, this credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases regardless of category. 
CIT Bank is offering a 1.75% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest has a promotion where you can earn either 90 days of commission-free trades or a $200 cash bonus. The $200 bonus will require a deposit of at least $25,000 within 15 days of account opening and the execution of 3 trades within 90 days. The free trades offer will require a $10,000 minimum deposit. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Barclays Online Savings Account 1.50% APY
One advantage of opening an online savings account with Barclays is the ability to link the account to three checking or savings accounts at other institutions. That means having the ability to withdraw or transfer funds between one bank to another from your computer or smartphone. It takes 2 to 3 business days to transfer the funds.
During one statement cycle, clients can withdraw funds up to 6 times without having to pay fees.
The online savings account has an APY rate of 1.50%. As soon as you deposit funds into the account, they start earning interest. You also have the option of direct deposit. Other pros of opening this account include:
- Barclays allows clients to have up to 25 accounts
- No requirement of minimum balance to open
- No limits on monthly deposits
- No monthly maintenance fees
Other Fees
While clients don’t have to worry about keeping a high balance, there are a few ways that one can incur fees.
- If you opt to receive your statements in the mail, you’ll pay $0.50 per statement.
- If you need the bank to send printed information, Barclays will apply an express mail fee of $15 to cover rush delivery.
- After making 6 transactions, each one afterward costs $5 to process via an excessive transaction fee.
- If you have non-sufficient funds, it also incurs a $5 fee per item. This rate is considerably low in comparison to places like Wells Fargo where clients are charged $35 per item.
And like most savings accounts, the Barclays online savings account rate is subject to change.
Compare To These Savings Accounts:
*See our Savings/Money Market Accounts page for the best rates
Top Savings rates can usually be had with CIT Bank, Salem Five Direct and DollarSavingsBank. Also take a look at some popular Savings account bonuses here.
- Salem Five Bank Checking, Savings, CD Promotions
- Chase Coupon Promo Codes: $200, $300, $350, $500 (April 2018)
- Synchrony Bank Online Savings, CD, Money Market Promotions
- Popular Direct Online Savings And CD Account Promotions
- Live Oak Bank Online Savings And CD Offers, Promotions
- Incredible Bank Online Savings And CD Accounts Promotions, Offers
- CIT Bank Promotions: Online Money Market Account Earns 1.75% APY
- Colorado Federal Savings Bank Savings And CD Account Promotions
- DollarSavingsDirect Online Savings & CD Account Promotions, Offers
- Marcus By Goldman Sachs Online Savings & CD Offers, Promotions
- Barclays Bank Review: Savings And CD Account Offers, Promotions
- UFB Direct Online Savings/Money Market Offers: 1.60% APY
- SFGI Direct Online Savings Account Promotion: 1.51% APY
- ableBanking Money Market Savings & CD Promotions
- Ally Bank Online Checking, Savings, CD, Investing Promotions
*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.