Rate updated · 64 banks tracked

Barclays savings account rate: 3.20% APY

Barclays pays 3.20% on its savings account — ranking in the lower half of the 64 banks SwitchWize tracks, where the best available rate is 4.10%. (Updated September 16, 2026.)

Is Barclays a good savings rate? Not really. At 3.20% it trails the 4.10% best available rate, leaving about $226 a year on the table on a $25,000 balance.

The gap, in your dollars

At 3.20%, $25,000 earns $800/yr here versus $1,026/yr at the field leader — a $226/yr difference.

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Higher-paying alternatives we track

Rates subject to change. Verify before switching.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify Barclays and alternatives →

Frequently asked questions

What is Barclays's savings account interest rate?

Barclays pays 3.20% APY on its savings account as of September 16, 2026, based on rates SwitchWize tracks across 64 banks.

Is Barclays's savings rate good?

Barclays's 3.20% ranks in the lower half of tracked banks. The best available rate is 4.10% and the FDIC national average is 0.38%.

Which banks pay more than Barclays?

Higher-paying tracked options include betterment, synchrony, valley direct. Compare rates at /banks to find the best current option.

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.