Raisin UK makes it easier to apply for deposit protected savings accounts. Our savings service connects you with a range of banks and includes exclusive savings accounts and rates; all curated to help you earn more from your savings:
£10 welcome bonus offer
Wide range of partner banks all offering FSCS protection
Barclays is a British multinational banking and financial services company headquartered in London.
Read on to find out all there is to know about Barclays, and whether it might be the right bank to suit your financial aims.
A bit more about Barclays
Barclays can lay claim to many landmark moments in modern UK banking. They introduced the first credit card in 1966, the first cash machine a year later, the first debit card in 1987, and most the first contactless card in 2007.
As one of the UK’s ‘big four’ banks, they offer services to cover all financial needs. Check out our tables and compare the accounts Barclays has to offer.
Instant access savings accounts
Table: sorted by interest rate, promoted deals first
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Barclays currently offer two different current accounts:
Barclays Bank Account. This account can be opened online. It offers flexibility and customisability, and is Barclays standard current account.
Premier Current Account. If you pay an annual gross income of £75,000+ into one of these account, you get an exclusive service (including individualised customer service, Premier Rewards and benefits).
What savings accounts does Barclays offer?
Barclays currently offer one savings account for adults:
Everyday Saver. This account can be opened from £1, offering instant access to cash via online, mobile and telephone banking.
What about cash ISAs?
Barclays currently offer three different cash ISAs:
Instant Cash ISA. Take advantage of tax-free savings of up to £20,000 – with full access to your money.
2 Year Flexible Cash ISA. This account offers a fixed rate of return (0.75% for 2 years), with some access.
Help to Buy ISA. Help with saving towards your first home.
Does Barclays offer any student or graduate accounts?
Barclays currently offer three different accounts for students and graduates:
Student Additions Account. Apply for an overdraft of up to £3,000 over the course of your studies.
Student Additions Account (International) This account is the same as the one above, but for students that have arrived in the UK to study.
Higher Education Account. This account bridges the gap between your studies and new life, with overdraft options as well as cashback and rewards.
Does Barclays offer any savings accounts for children?
Here are the two children’s savings accounts on offer with Barclays:
Children’s Saver. This account is open to any child under 18, offering 1.51% AER.
Children’s Regular SaverSavings Account. This account is open to any child under 16, offering 3.5% AER. Save between £5 and £100 per month by standing order over 12 months.
They also offer the following current accounts for young people:
BarclayPlus. An account for 11 to 15 year olds, ready to open with just £1.
Young Person’s Account. An account for 16 to 19 year olds, allowing you to save, spend, and enjoy your money the way you want.
Is it easy to switch to Barclays?
Barclays offer a ‘Switch Guarantee‘, which simply means it will make the switchover as painless as possible. If you visit a branch they will be able to help you with:
Transferring your payments from your old account (such as Direct Debits and Bill payments)
Transferring any balance from your old account
Closing your old account
They aim to have this all done within 7 working days.
How do I decide which account is for me?
You need to work out what it is you need from your bank account. Are you looking to put a bit of money away each month? Do you want to put some money away and restrict access to it? Are you after rewards or hoping to maximise interest?
You need to work out what you need before comparing the different offers available for certain types of bank account. Once you’ve done that, useful guidelines to compare include:
Interest rates
Fees (if there are any)
Access to cash (if you need quick access for instance)
Rewards and loyalty schemes (if you’re into the add-ons or switching bonuses)
Does Barclays offer online or mobile banking?
Yep, it offers both. Here are some of the basic features:
Online banking
Check balances. For any type of account.
Transfer money between accounts. In a matter of seconds.
Pay bills and people. All within the online portal.
Mobile banking
All of those features. On the go.
Barclays Pingit. Pay friends as simply as sending a text.
What are the benefits and drawbacks of banking with Barclays?
The benefits
Online and mobile Banking. The Barclays app makes it simple to keep an eye on your finances.
Flexibility. Barclays does offer a wide range of accounts for any sort of financial need.
The drawbacks
Better rates elsewhere? Rates are pretty poor right now across the board, but you might be able to squeeze a slightly better rate from other providers. (Depending on your needs!)
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Read more on this topic
Current interest rates in the UKWe have researched the average interest rates to show how much interest you are making by keeping your cash in a savings account.
Finder's alcohol savings calculatorHow much are we saving by not hitting the old watering hole after work hours? Use Finder's calculator to see how much you're saving.
Leap year 202029 February (2020’s leap year day) may fly under the radar for a lot of people, but research from Finder has found that Brits on a full-time salary are losing an average of £151.40 because of it.
Compound interest for savings accountsWe look at the definition of compound interest, what it concretely means and how you can use it to grow your savings more quickly.
Offshore savings accountsLearn how offshore savings accounts work, which taxes you need to pay and how to score the best deal.
Hi I’m just looking for a Barclays saving account where I can set up to pay a weekly amount into and not be allowed to access it for 6 months.just to help me save.is there an account for that??
Yes Barclay provides flexible and customizable options when opening a savings account. Though you may need to speak to a bank representative directly to provide the requirements you wish to have with the account. You may want to check the Barclays Bank Account. This account can be opened online. It offers flexibility and customisability, and is Barclays standard current account. Hope this helps!
Upon checking, Barclays have an everyday account which lets you earn 0.25% (£1 to £49,999) 0.30% (£50,000 to £10 million) (Rate % AER/gross per year).
Below is the list of the savings account you can open with Barclays:
Instant Cash ISA – Issue 1
2-Year Flexible Cash ISA – Issue 18
Help to Buy: ISA
Everyday Saver
1-Year Fixed-Rate Bond – Issue 92
2-Year Flexible Bond – Issue 38
2-Year Premier Flexible Bond – Issue 17
3-Year Flexible Monthly Income Bond – Issue 1
2-Year Premier Flexible Cash ISA – Issue 5
Children’s Instant Saver – Issue 1
Children’s Regular Saver – Issue 1
Euro Savings account
US Dollar Savings account
Helpful Start
I suggest that you visit Barclays’ website to know more about their accounts with high-interest rates.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Thanks for getting in touch with finder. I hope all is well with you. :)
Yes, you may still apply for a saving account. What you need to do is get in touch with Barclays. You can submit your application online through their official website or visit their local branch near you.
Alternatively, you may also check other bank accounts available on our page.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Yes. Savings accounts are also assigned a sort code just like checking accounts as it identifies both the bank and the branch where the account is held.
You can find your Barclays sort code in one of the following places:
– On your Barclays debit card, usually on the front under your name
– On your Barclays Mobile Banking accounts homepage, just below your account name.
– On your Online Banking accounts homepage, just below your account name.
– On your bank statements
– Printed on your cheques or paying-in book
I am an international student from Ghana currently on De Montfort University, Leicester to pursue my postgraduate studies. I would like to open a student account with you. Can I walk in anytime to do that or need to book an appointment with you first? Thank you.
To apply for an international student bank account with Barclays, you need to apply online. Once you’ve completed the online application, you’ll need to visit a branch with proof of your student status, address and identity.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Thanks for getting in touch with finder. I hope all is well with you. :)
The best account for you will depend on your current and future needs and preference. You may want to give Barclays savings account a try. This account comes with online banking and an app. The main drawback is its interest rate, which isn’t not that competitive.
If you want to explore other options, you may visit this page. On that page, you will see a table that allows you to conveniently search and compare savings accounts. Once you find the right one for you, click on the “Go to site” green button to learn more or initiate your application.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
I’m afraid this is not possible. Setting up direct debits or standing orders is a breach of savings account Terms and therefore all regular payments need to be on a current account to enable continued payment.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
Hi I’m just looking for a Barclays saving account where I can set up to pay a weekly amount into and not be allowed to access it for 6 months.just to help me save.is there an account for that??
Hi Stuart,
Thank you for reaching out to Finder.
Yes Barclay provides flexible and customizable options when opening a savings account. Though you may need to speak to a bank representative directly to provide the requirements you wish to have with the account. You may want to check the Barclays Bank Account. This account can be opened online. It offers flexibility and customisability, and is Barclays standard current account. Hope this helps!
Cheers,
Reggie
What is the best interest saving account at Barclays? I have a current account and an ISA account.
Hello Richard,
Thank you for your comment.
Upon checking, Barclays have an everyday account which lets you earn 0.25% (£1 to £49,999) 0.30% (£50,000 to £10 million) (Rate % AER/gross per year).
Below is the list of the savings account you can open with Barclays:
Instant Cash ISA – Issue 1
2-Year Flexible Cash ISA – Issue 18
Help to Buy: ISA
Everyday Saver
1-Year Fixed-Rate Bond – Issue 92
2-Year Flexible Bond – Issue 38
2-Year Premier Flexible Bond – Issue 17
3-Year Flexible Monthly Income Bond – Issue 1
2-Year Premier Flexible Cash ISA – Issue 5
Children’s Instant Saver – Issue 1
Children’s Regular Saver – Issue 1
Euro Savings account
US Dollar Savings account
Helpful Start
I suggest that you visit Barclays’ website to know more about their accounts with high-interest rates.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
I already have a savings and current account with Barclays. Can I open another savings account?
Hello Jo,
Thank you for your comment.
Yes, it’s possible to open multiple savings and current accounts with Barclays.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
Hello I’ve got bank account with Barclay’s I got it as a joint account with my husband and we would like to open a saving acount
Hi Agnieszka,
Thanks for getting in touch with finder. I hope all is well with you. :)
Yes, you may still apply for a saving account. What you need to do is get in touch with Barclays. You can submit your application online through their official website or visit their local branch near you.
Alternatively, you may also check other bank accounts available on our page.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
If I open a savings account, does it have a sort code or do only checking accounts have sort codes?
Hi Barbara,
Thanks for reaching out to finder.
Yes. Savings accounts are also assigned a sort code just like checking accounts as it identifies both the bank and the branch where the account is held.
You can find your Barclays sort code in one of the following places:
– On your Barclays debit card, usually on the front under your name
– On your Barclays Mobile Banking accounts homepage, just below your account name.
– On your Online Banking accounts homepage, just below your account name.
– On your bank statements
– Printed on your cheques or paying-in book
I hope this information helps.
Cheers,
Charisse
How long does it take for Barclays to close an account?
Hello Paula,
Thank you for your comment.
According to the Barclays Account closure instructions and form, closing an account can take up to 5 working days.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
I am an international student from Ghana currently on De Montfort University, Leicester to pursue my postgraduate studies. I would like to open a student account with you. Can I walk in anytime to do that or need to book an appointment with you first? Thank you.
Hello,
Thank you for your comment.
To apply for an international student bank account with Barclays, you need to apply online. Once you’ve completed the online application, you’ll need to visit a branch with proof of your student status, address and identity.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
what is the best account for an investment of £30,000 with instant access?
Hi Peter,
Thanks for getting in touch with finder. I hope all is well with you. :)
The best account for you will depend on your current and future needs and preference. You may want to give Barclays savings account a try. This account comes with online banking and an app. The main drawback is its interest rate, which isn’t not that competitive.
If you want to explore other options, you may visit this page. On that page, you will see a table that allows you to conveniently search and compare savings accounts. Once you find the right one for you, click on the “Go to site” green button to learn more or initiate your application.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
Can you set up a direct debit from a savings account
Hi Kath,
Thanks for your inquiry
I’m afraid this is not possible. Setting up direct debits or standing orders is a breach of savings account Terms and therefore all regular payments need to be on a current account to enable continued payment.
Hope this information helps
Cheers,
Arnold