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New Barclays Dream Account (Savings)

Saturday, November 30, 2013 - 5:08 AMBarclays Bank Delaware - Details
Barclays has a new online savings acount with a higher interest rate than their standard savings account, called the Dream Acccount.

It currently pays 0.95% APY compared to 0.90% APY for their standard savings account (as of 11/25/2013).

Has potential for two bonus interest payments (each twice annually), one for making consecutive deposits for six months and one for making no withdrawals for six consecutive months.

Bonus payments are an extra 2.5% of the interest earned during the six month period. So if you earned $10.00 in interest over the six months, it looks like you would get a bonus of $0.25 extra for each bonus you qualified for.

One significant limitation is you can only deposit $1000.00 or less each month (to qualify for the bonuses, but the monthly deposit limit also appears to apply to the account as well, irregardless of bonuses).
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vjrampellovjrampello2 posts since
Aug 17, 2011
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