Barclays Online Savings review

Best for: Savers who want a slightly higher no-hoop rate from an established bank.

Barclays pays 3.20% on its Online Savings account with just $0.01 needed to earn interest and no monthly fees — a touch above the 3.00% cluster, from a bank with years in US online banking.

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APY

3.20%

Minimum to open

Minimum to earn APY

$0.01

Monthly fee

FDIC insured

Yes

Barclays also markets Tiered Savings (3.50% under $250k as of 9/12/2026 per Fool reviews) — confirm which product you're opening before applying.

Standout features

3.20% beats the 3.00% cluster with no hoops or deposit requirements.
Only $0.01 minimum balance to earn the APY.
No monthly fees.

Honest drawbacks

Barclays is also marketing Tiered Savings (3.50% under $250k per September reviews) — Online Savings may be the legacy product; confirm which you're opening.
No checking account or ATM access.
Limited US branch presence.

Open an account at Barclays →

Link goes directly to Barclays's own site. Rates verified September 2026. Banks change APYs without notice — confirm the current rate on the provider's site before opening an account.

Sources

Motley Fool: Barclays online savings review (Sep 2026) (checked Sep 2026)
Barclays US savings (official) (checked Sep 2026)

Back to full comparison →

Barclays Online Savings review

Standout features

Honest drawbacks

Sources

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