Featured Savings Rates
Featured Accounts
Overview / Commentary
125 South West Street
Wilmington, DE 19801

Barclays, a DepositAccounts.com advertiser, is a UK-based multinational bank that maintains operations in retail and investment banking, as well as lending, credit cards, and wealth management. The financial holding company, of which its personal banking component is a subsidiary, is one of the largest in the world, with trillions of dollars in assets.

On its personal banking side, Barclays has limited deposit account offerings available in the United States. The bank offers both a high-yield savings account and Certificates of Deposit (CDs) through its online banking platform. Both accounts feature attractive interest rates, with the savings account interest rate being one of the highest available in the country. DepositAccounts.com reported that the savings account interest rate remained over 1% for over a year until the summer of 2013. Barclays savings accounts have no hidden fees or minimum balances to join and come with an easy to use online banking system from which account holders can transfer funds, deposit checks via scanner or mobile deposit, and make online payments. Its savings accounts also come with a debit card that customers may use to withdraw funds at any Bank of America ATM for a discounted fee.

Barclays CDs are also managed on Barclays’ online banking system and offer a guaranteed rate of return with no minimum balance to open and no monthly service fees. Barclays began allowing monthly interest disbursements on its CDs in May of 2013. Both of these accounts may be easily opened and managed online.

Barclays online banking business is headquartered in Wilmington, Delaware, which is also home to its Barclaycard (credit card) division. The bank’s wealth management group is based in New York City, and all of its operations in the United States are subsidiaries of Barclays Bank PLC, a Financial Holding Company headquartered in London, England. The retail bank has no branches in the United States and provides its services through its online banking platform.

Barclays has a long history dating back to 1690, when two bankers started trading as goldsmith bankers. In 1965, the bank branched out to the United States for the first time when it started Barclays Bank of California in San Francisco. Today, the bank maintains operations through affiliates in over 20 countries.

Related Posts

Barclays Increases Rates on Six Online CDs - 3/5/2018

Barclays raised the rates of six of its CDs today just three weeks after the last rate increase. The 4-year CD rate had the largest increase, rising 15 basis points.

Small CD Rate Increases At Barclays Bank - 3/5/2018

12 Month CD 2.03% 2.05% (Was 2.00%) 18 Month CD 2.08% 2.10% 24 Month CD 2.18% 2.20% 36 Month CD 2.27% 2.30% 48 Month CD 2.37% 2.40% 60 Month CD 2.62% 2.65% (Was 2.55%) Spread is getting pretty narrow!

CD Bump Up - 3/5/2018

Small increase today: 12 Month CD 2.03% 2.05% 18 Month CD 2.08% 2.10% 24 Month CD 2.18% 2.20% 36 Month CD 2.27% 2.30% 48 Month CD 2.37% 2.40% 60 Month CD 2.62% 2.65%

View all posts from:

Reviews (198)

Great rates and customer service

Posted by: eddystone | Mar 18, 2018

I have been using Barclays for my savings account for the past three years. At first, I was a little hesitant to put my savings into a bank that I could not easily walk into a branch and talk with someone face to face. After trying it for a few months with small amounts of money, I saw that it was very reliable and secure. I then put most of my savings into Barclays and I have been very satisfied with it. Anytime I have had a question, I have been able to call and talk to someone within a few minutes. This gives me some piece of mind that my money is not just being run by a robot or machine, but there are actual people there to help if I need it. In fact, I have been so comfortable and happy with their products that I also decided to open up a certificate of deposit (CD) account with them within the last year or so. I have never had any issues depositing / transferring or withdrawing money, it is always available within a day or two. lastly, the rates are incredible. My CD is over 2% interest and my savings account is just around 1.5%. This is way higher than any of the major banks offer. I plan to stick with online savings accounts as long as I can.

Useful for an emergency savings account

I have family in Britain, they told me to use Barclays in case they become more popular in America. I wanted to make an emergency savings account for a long time. So I chose Barclay's. Barclays was the choice mostly because they are big in Great Britain and I travel there sometimes. Their interest is alright for a savings account. I just know they are a trusted bank so I know my money is safe at least. I dealt with customer service and they are alright. No complaints there. I have been waiting for Barclay's to offer more products to Americans but they haven't. I travel to Great Britain sometimes and would like a total bank in both countries, it should make the situation a lot easier overall. It might help build my relationship with the bank, maybe even credit. Or at least I'd be in their system. Overall if you want a decent savings account return in a trusted bank, this is an okay choice. You could probably find a higher interest rate but those kind of banks are usually internet only and somewhat sketchy.

Nonexistent customer support

I signed up for this a few years ago, but my main issue is that customer support was nonexistent. It was impossible to get hold of anyone, and I was always on hold. When I did reach someone, they were unhelpful and did not have solutions to my problems. I had difficulty with the online site, and the technical support option could not help me navigate it. I ended up not accessing the online site and instead navigating my account through paper. I would never do that again. Because of this lack of support, and difficulty accessing my account, I would not recommend Barclays.

Beware Of Barclays Bank

Posted by: Beware | Nov 14, 2017

have been banking with Barclays us for several years and have several CDS with them, as well as two savings accounts, and I had intended on just leaving the interest until the CDS matured..

My problems began when I wanted to check their last financial statement for the third quarter of 2017, I was shocked they told me they are not required to do that, and gave different numbers that were all disconnected of course. Then all my monthly statements disappeared as if these accounts were no existent. I worked with them for a week no resolution.

This prompted me to close all Savings accounts, and transfer all the accumulated interest from the CDS., and discontinue any more Deposits with this Bank. It also prompted me to do more research, to find out this Bank does not make loans to Consumers, so I asked them what are they doing with all this money they are inducing people to Deposit, no answer of course.

I have now had to file a complaint with the Consumer Financial protection Bureau. I was even more horrified when I googled about Barclays and found people saying their money had just disappeared from their accounts as if it never existed in Barclays Uk. Barclays has on their web site , they state Barclays is their parent Company, this is no longer seems to be the Case either in information I saw.

I am posting my experiences so people can be aware of the problems. In reading a lot of other reviews, Barclays US seems to be okay while they are getting money from you , but a lot of Consumers State they have a problem when they want their money. Furthermore this is the third time I have posted this review and they delete it.



Health Grade Components

FDIC Certificate #57203
Year Established2001
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD1.68%
Annual Interest Income$3.10B
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$34.25B$32.51B
LoansQ4 2017vs Q4 2016$26.63B$25.37B
DepositsQ4 2017vs Q4 2016$24.60B$22.78B
Equity CapitalQ4 2017vs Q4 2016$4.59B$4.02B
Loan Loss AllowanceQ4 2017vs Q4 2016$1.14B$763.8MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$359.4MM$341.4MM
Real Estate OwnedQ4 2017vs Q4 2016$0$0
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Small CD Rate Increases At Barclays Bank

buckeye61   |  
12 Month CD 2.03% 2.05% (Was 2.00%)
18 Month CD 2.08% 2.10%
24 Month CD 2.18% 2.20%
36 Month CD 2.27% 2.30%
48 Month CD 2.37% 2.40%
60 Month CD 2.62% 2.65% (Was 2.55%)

Spread is getting pretty narrow!

CD Bump Up

Bowman   |  
Small increase today:

12 Month CD 2.03% 2.05%
18 Month CD 2.08% 2.10%
24 Month CD 2.18% 2.20%
36 Month CD 2.27% 2.30%
48 Month CD 2.37% 2.40%
60 Month CD 2.62% 2.65%

CD Rates Increased

Bowman   |  
I noticed that Barclays increased their CD rates this morning. 1yr is up to 2.00%

Barclays Increases Online Savings Account To 1.50%

buckeye61   |  
Rate increase today to 1.50%(Was 1.40%)

Barclays Raises Online Savings Account To 1.40% APY

buckeye61   |  
Not a leader, but still competitive.

Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Barclays; we are a rate comparison website and cannot provide official rates or promotions.

Barclays Savings Account Rates

1.50%--Online Savings Account

Barclays CD Rates

2.65%--60 Month Online CD
2.40%--48 Month Online CD
2.30%--36 Month Online CD
2.20%--24 Month Online CD
2.10%--18 Month Online CD
2.05%--12 Month Online CD
0.70%--9 Month Online CD
0.65%--6 Month Online CD
0.35%--3 Month Online CD

Barclays is an Internet only bank and does not have branch locations. Its headquarters is located at 125 South West Street - Wilmington, DE 19801