Barclays Cd Rates
Interest rates
For savings and bank accounts available for new and existing applicants
For clients of Barclays Bank Plc Isle of Man and Jersey [PDF, 164KB]
Barclays Cd Rates Calculator
Historic interest rates
International Savings - Personal Only [PDF, 181KB]
Barclays Online Banking offers high yield savings accounts and CDs with no minimum balance to open. Updated Barclays CD Rates: 12 month CD rates at Barclays at 2.52% with an APY of 2.55%. 24 month CD rates from Barclays at 2.57% with an APY of 2.60%. 60 Month CD rates from Barclays at 3.05 percent with an APY of 3.10 percent. Minimum balance to open an account is $0. The rate of 2.45% is 1.25% higher than the average 1.2%. Also it is 0.15% lower than the highest rate 2.60 Updated Aug, 2019.
Interest rate leaflets following March 2020 USD and GBP base rate changes
GBP leaflet for clients of Barclays Bank PLC [PDF, 348KB]
USD leaflet for clients of Barclays Bank PLC [PDF, 381KB]
Barclays Bank base rate for overdrafts and loans
Barclays Bank base rate [PDF, 245KB]
Mortgage interest rates
Standard variable rate for mortgages [PDF, 153KB]
External rates
External reference rates for currencies used by International Banking Services.
International tariffs
London, Jersey and the Isle of Man
For accounts held with Barclays Bank Plc in London, Guernsey, Jersey and the Isle of Man [PDF, 257KB]
Fee Information Document for the International Bank Account [PDF, 269KB]
Fee Information Document for the Euro International Bank Account [PDF, 272KB]
Fee Information Document for the Dollar International Bank Account [PDF, 272KB]
Fee Information Document for the Barclays Current Account [PDF, 269KB]
Fee Information Document for the Premier Global Current Account [PDF, 274KB]
Fee Information Document for the Overseas Currency Account [PDF, 266KB]
Liqudity fee explained [PDF, 565KB]
Overseas Delivery Charges
Barclays Overseas Delivery Charges [PDF, 1.3MB]
Payment cut-off times
Cut-off times for Barclays Bank Plc (Jersey and Isle of Man) [PDF, 52KB]
Offshore transfers IBAN regulation
What you need to know to send money abroad.
Debit Card Foreign Exchange Charges
Debit Card transactions in a currency other than GBP incur a 2.75% non-Sterling transaction fee (excluding EUR/USD Travel Wallet transactions).
For more details on our FX debit card charges, including a table showing our exchange rates for certain currencies compared to the rate published by the European Central Bank (ECB), please visit barclays.co.uk/travel/using-debit-card-abroad/. Please note this link brings you to our Barclays UK website (and away from this current site) which offers different products which you may not be eligible for and links which may not be applicable. Please also note for all regulatory information and protections please only refer to the Important Information page on this current website.
- Competitive interest rates
- Nine term options available
- No physical branches in the U.S.
- Customers who want the highest CD rates in the industry
- Customers comfortable with banking online
Overall, Barclays bank accounts would be unremarkable if not for its high-earning interest rates. In fact, the bank’s CD interest rates outperform many of its competitors. The accounts don’t come with special perks or allowances, though.
Barclays offers competitive interest rates on certificates of deposit (CDs). All of its accounts, with the exception of the three-month, six-month and nine-month accounts, offer interest rates at 0.25%. This means no matter the term length you choose, you can earn more than you would with many of its competitors. Furthermore, the bank compounds interest daily and credits it monthly.
| Online CDs | Minimum Deposit | APY |
| 3 Month | $0 | 0.10% |
| 6 Month | $0 | 0.10% |
| 9 Month | $0 | 0.10% |
| 12 Month | $0 | 0.25% |
| 18 Month | $0 | 0.25% |
| 24 Month | $0 | 0.25% |
| 36 Month | $0 | 0.25% |
| 48 Month | $0 | 0.25% |
| 60 Month | $0 | 0.25% |
Overview of Barclays CDs
You never have to pay any monthly fees or meet any minimum deposits with a Barclays CD. Of course, to earn interest you’ll need to have at least 1 cent in the account - although that won’t get you much return - within 14 days of account opening. You should carefully consider how much you want to deposit since you won’t be able to make any additional deposits during the account’s term.
You also can’t withdraw any of the principal balance from your Barclays CD before the account’s maturity date. If you do, you’ll have to pay a penalty of 90 days’ worth of simple interest on accounts of 24 months and 180 days’ simple interest on accounts longer than 24 months. These penalties tend to vary between financial institutions. Barclays does make exceptions in certain cases like death or incompetence of an account owner. You can, however, set up monthly disbursements of the interest earned to another bank account. This allows you to benefit from the account before its maturity date.
How Much You Earn With Barclays Certificate of Deposits Over Time
Barclays’ high certificate of deposit rates allow you to grow your money toward your savings goals, whether that’s a new car or a vacation. You stand to earn more by opening a CD with a term longer than three months since that account has the lowest rate.
You can also easily build a CD ladder with the bank’s CDs. A CD ladder involves opening a number of CDs at a time, each with a different maturity date. That allows you to have a somewhat steady stream of funds. So for example, you could have CD payouts after three, six, nine and 12 months. You would have to remember to withdraw or transfer your funds at each maturity date, before it automatically renews for the same term length.
The table below demonstrates what your final account balance could look like depending on various initial deposits and term lengths.
| Initial Deposit | 6-Month CD | 12-Month CD | 60-Month CD |
| $1,000 | $1,000.50 | $1,002.50 | $1,012.56 |
| $2,500 | $2,501.25 | $2,506.25 | $2,531.41 |
| $5,000 | $5,002.50 | $5,012.50 | $5,062.81 |
| $10,000 | $10,005 | $10,025 | $10,125.63 |
How Barclays CDs Rates Compare to Other Banks
Barclays High Yield Savings Account
Barclays offers its customers solid interest rates on CDs. As you can see below, it's generally on par with rates from Capital One, Ally Bank and Marcus by Goldman Sachs. However, Capital One is clearly weaker than its competitors when it comes to one- and three-year terms, whereas Barclays currently has the worst rate for the five-year category.
| CD Account | Barclays | Capital One | Ally Bank | Marcus by Goldman Sachs |
| 3-Month | 0.10% | n/a | 0.20% | n/a |
| 1-Year | 0.25% | 0.20% | 0.60% | 0.55% |
| 3-Year | 0.25% | 0.30% | 0.65% | 0.55% |
| 5-Year | 0.25% | 0.40% | 0.85% | 0.60% |
Should You Get a Barclays CD Account?
Barclays Cd Rates 2020
With nine term options ranging from three months to five years, Barclays CDs allow you to save toward various savings goals. They also make it easy to create a CD ladder, where you open multiple CDs with spaced out maturity dates. That way you can benefit from CD payouts over the course of a year or more.
Barclays Cd Rates Calculator
The bank doesn’t charge any maintenance fees or require minimum deposits and balances. This allows you to save on your own terms and keep your savings. You can also take monthly interest disbursements, without touching your principal amount. As always with CDs, be careful about making withdrawals so you don’t run into early withdrawal penalties. If you think you’re more likely to need constant access to your account, you may want to consider the Barclays Online Savings Account instead.