bank rates

Barclays’ Savings Account Joins Leaders

It pays 1.00% APY with no minimum balance requirement.Barclays, the huge British financial services company, is offering an online savings account with a solid rate through its U.S. banking operation.

The account pays 1.75% APY, which is good enough for third place on our list of the best nationally available savings accounts.

The account has no minimum deposit requirement and pays 1.75% APY regardless of how large your balance becomes.

You can find out more information at the bank’s website, www.banking.barclaysus.com. The bank also has a couple of fairly competitive CD rates, the best of which is a 60-month CD that pays 3.00% APY.

Barclays is a nice addition to our rankings of nationally available savings accounts, but its offer falls just short of the top spot held by Synchrony Bank, which pays 1.85% APY on its savings account.

You don’t need a minimum deposit to open an account with Synchrony. And the rate applies to all balances.

The only other bank ahead of Barclays is Marcus, which offers a guaranteed 1.80% APY.

It takes no minimum deposit to open a savings account with Marcus. And the rate is good on all balances.

Outside of these savings accounts, there are a couple of nationally available money market accounts that pay at least 2.00% APY. See our most recent post on where to find the top MMA rates.

You can compare these rates to the best savings and money market account rates from our extensive database of banks.

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Comments (3)
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3 Existing Comments
  1. Geoff said:
    on April 19th at 12:27 pm

    A critical S is missing from the Barclays link. It should be:
    http://www.banking.barclaysus.com

  2. Mike Cetera said:
    on April 19th at 12:29 pm

    Geoff: Nice catch. We’ve fixed the address above.

  3. Kathy at Bankaholic said:
    on May 7th at 09:31 am

    These rates are still available.