Barclays Bank Interest Rates
Barclays Bank Interest Rates
Barclays Bank interest rates vary between accounts – Barclays current accounts offer competitive rates, but the savings accounts offer much higher levels of return. For the best Barclays Bank interest rates, you should opt for a savings account with restrictions, rather than an instant access account, because the AER will be higher.
The range of Barclays savings accounts include:
- e-savings: Has all the benefits of a savings account but with the flexibility of a current account in that you can aaccess your cash 24 hours a day, with no notice period required and no penalties or restrictions on payments, transfers or withdrawals.
- Mini Cash ISAs: Save up to £3,000 a year and pay no tax on any interest earned.
- Savings Bonds: Lock your money away and benefit from higher interest rates and a guaranteed return on maturity.
- Savings Builder: Savings for amounts of £10,000 or more with a higher interest rate if you leave the money untouched for the entire term.
To get the best Barclays Bank interest rates, you need to first decide what you want from your account – if you are going to want to access the cash instantly, or if you are prepared to leave it to mature – and then compare the relevant options to find the best deal.