Best → BarclaysUS Online Bank
BarclaysUS Online Bank

BarclaysUS Online Bank

BarclaysUS Online Banking Services For Entrepreneurs, Businesses

BarclaysUS Online Bank Features

  • Best for consumer and small business
  • Savings assistant and CD ladder calculator
  • No minimum balance and no monthly maintenance fees

Barclays - Online Banking Services For Savings Account

Are you tired of the long trips to the bank to check every small detail of your account? You don't have to worry about that now with the best online banks for savings accounts. Barclays US is one of those banks. It offers to create savings or CD (Certificate of Deposit) accounts even for the users with no minimum balance, which is a great advantage for first-time users like students and minors in general. The users do not have to pay any monthly fee for these accounts too.

This online bank provides the users with CD accounts of various standards of different time durations, which include three month CDs, one-year ones, two-year ones, and five-year CDs, each with 0.04% Annual Percentage Yield (APY). This is an excellent choice for people who do not have much of a budget to invest. The online transfers from this bank charge only a $5 non-sufficient fund fee, unlike other banks that charge over $30 or more for this. 

For any queries about their accounts and their benefits, the users can always contact the bank at any time on any day, including the weekends. Barclays US online bank provides a mobile app that is pretty basic in its interface and functions, which allows the elderly to understand it quickly but lacks technology-wise. Also, try other banks like Chase and American Express, which offer more perks for saving accounts than Barclays US.

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