Available nationwide, Barclays is offering a $200 bonus and up to 4.80% APY when you open an Tiered Savings account.
Update 11/8/24: You can currently earn a $200 bonus when opening a new account through 1/6/25.
Barclays Tiered Savings $200 Bonus
New Barclays Tiered Savings Customers can earn up to 4.80% APY and a $200 bonus after depositing $25,000.
How to earn it:
- To qualify for this bonus offer, you must be a new Barclays Tiered Savings customer (current and previous Barclays customers with a Savings or CD are not eligible)
- Open an account 11/7/2024 through 1/6/2025
- Fund your new Tiered Savings account with at least $25,000 within the first 30 days of opening the account
- Maintain the balance of at least $25,000 for 120 consecutive days.
- After you maintain the $25,000 balance for 120 consecutive days, the $200 bonus will be added to your account in approximately 60 days.
Terms: $200 Bonus Offer: To qualify for this bonus offer, you must be a new Barclays Tiered Savings customer (current and previous Barclays customers with a Savings or CD are not eligible), open an account 11/7/2024 through 1/6/2025, fund your new Tiered Savings account with at least $25,000 within the first 30 days of opening the account, and maintain the balance of at least $25,000 for 120 consecutive days. After you maintain the $25,000 balance for 120 consecutive days, the $200 bonus will be added to your account in approximately 60 days. Offer expires 1/6/2025. You may make multiple deposits to your account from another financial institution(s) to meet the offer requirements, provided these deposits all occur no later than 30 days after opening the new Tiered Savings account. The funds deposited into your Barclays Tiered Savings account will earn the then current annual percentage yield listed on banking.barclaysus.com/tiered-savings for the Barclays Tiered Savings account. Withdrawals could affect your eligibility to earn the bonus if the withdrawal causes the account balance to drop below $25,000. The 120 consecutive days will not start until the $25,000 is deposited within 30 days from opening the account. The bonus will be applied and treated as interest for tax purposes and could require Barclays to send you a Form 1099-INT (Interest Income) and file it with the IRS for the year in which you earn the bonus. While there is no minimum required to open a Barclays Tiered Savings account, as described above there is a minimum balance required to earn the bonus offer.
(FDIC-Insured)
About Barclays Savings
Established since 1690 by John Freame and Thomas Gould(James Barclay joining the business in 1736) in London, England, Barclays has been at the forefront of new ideas and a major global financial services company. Barclays offers retail banking, credit cards, corporate and investment banking, and wealth management.
Barclays Online Banking gives customers an easy-to-use and safe way to do their banking. The Barclays Tiered Savings account earns a competitive rate with no minimum deposit and there are no monthly fees. There is also online access 24 hours a day, 7 days a week.
| Balance Requirement | APY Rate |
| $250,000 or greater | 4.80% APY |
| $100,000 to <$250,000 | 4.50% APY |
| $50,000 to <$100,000 | 4.50% APY |
| $25,000 to <$50,000 | 4.50% APY |
| $10,000 to <$25,000 | 4.50% APY |
| Less than $10,000 | 4.50% APY |
Barclays Tiered Savings Rate
- Learn More at Barclays
- Account Type: Barclays Tiered Savings Account
- Minimum Balance: $0.01
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: None
- Monthly Fee: None
- Early Termination Fee: None
Barclays ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | $250,000 | ? | up to 3 external linked accounts |
| Pull | ? | $250,000 | ? | up to 3 external linked accounts |
Federal law says that customers can only make up to six free transfers or withdrawals per statement cycle. For any transactions over this amount, Barclays charges a $5 fee.
ACH transfers are limited to $250,000 per transaction. If you want to transfer a larger amount, they can process the transfer if you call. Help us with the table above in the comment section if you have experience with ACH capabilities.
How To Earn Barclays Rate
- Open a Barclays Tiered Savings Account online.
- Input your info by providing your name, address, phone, email and also social security number or Tax ID.
- Fund the account by transferring funds electronically from an internal account here or an external account at another bank.
- Earn your rate after your account is approved.
Why You Should Sign Up For This Account
- Security that works. Enjoy secure, 24/7 online access to your funds.
- Freedom from fees. No monthly maintenance fees and no minimum balance required to open.
- Savings done right. Easy direct deposits and online transfers.
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Bottom Line
For those of you looking for a savings account with a high APY rate, look no further as Barclays’ Savings Account offers a competitive rate. You’ll start accruing interest at a high rate as soon as they post to your account.
Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
*Check back often to see the latest Barclays Tiered Savings Rate!
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