Protection
FSCS£120,000
Min balance
£1
Max balance
£10,000,000
Access
Instant
Interest paid
Monthly
Barclays is also paying £300 to switch your current account.
Rate Tiers
No withdrawals in month
1.85%AER
Higher rate in months with no withdrawals
1+ withdrawals in month
0.60%AER
Lower rate in months with one or more withdrawals
How It Stacks Up
Ranks 109th of 152
Easy access accounts we track
This account 1.85%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.25% less
- Average easy access
- 2.83%
- Pays 0.98% less
- Best easy access
- 5.00%
- Pays 3.15% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 2.70% more than this Barclays account
- Instant access, open with £10
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
Open and manage via the Barclays app, Online Banking, branch or phone. Must be aged 18+ and a UK resident. Can hold multiple accounts in sole or joint names.
Please verify all details with the provider – see our Disclaimer
See all Barclays accounts
