Barclays Bank offers competitive savings and CD rates with no monthly fees

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Barclays Bank offers competitive rates on savings accounts and certificates of deposit (CDs) with no monthly fees. The bank's tiered savings account can earn up to 4.80% APY, while its CDs range from 3.00% to 4.25% APY, depending on the term. Unlike many banks, Barclays does not require a minimum deposit to open a CD. However, it lacks a checking account option, making cash access more complicated as customers must transfer funds to an external bank. Barclays has received an A+ rating from the Better Business Bureau. It offers customer service via phone and live chat, but its mobile app has received mixed reviews, indicating room for improvement in user experience.


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Barclays Bank offers competitive savings and CD rates with no monthly fees | News Minimalist