Act Fast: Get a $200 Bonus When You Open This 3.90% APY Savings Account

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. APY = Annual Percentage Yield.

The Barclays Tiered Savings account just rolled out a limited-time $200 bonus for new customers -- but there's a catch.

To get the bonus, you need to:

  • Deposit at least $30,000 within 30 days
  • Keep at least $30,000 in the account for 120 straight days

This offer ends on Dec. 31.

The Barclays Tiered Savings account also pays a high interest rate: 3.90% APY on balances under $250,000 and 4.10% APY on balances of $250,000 or more.

Barclays Tiered Savings
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Member FDIC.

Rates as of Oct 03, 2025

Barclays Tiered Savings

Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Member FDIC.
4.80/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.80/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Special Offer
Earn $200 Bonus with qualifying activities. Terms Apply. Circle with letter I in it. To earn a $200 bonus, new customers can open a savings account; deposit $30,000 or more within 30 days; and maintain at least that balance for 120 consecutive days. The bonus will be credited to your account within 60 days of meeting these requirements. Offer ends Dec. 31, 2025. Terms apply.
APY
3.90% Rate info Circle with letter I in it. Balances less than $250,000 earn 3.90%, and balances greater than $250,000 earn 4.10%.
Min. To Earn APY
$0
  • Competitive APY
  • No monthly account fee
  • Unlimited number of external transfers (up to daily transaction limits)
  • FDIC insured
  • No minimum deposit to open an account
  • Balance requirement for maximum APY
  • No ATM access
  • No wire transfers (inbound or outbound)
  • No branch access; online only

Barclays Tiered Savings rewards savers with a tiered APY structure, offering higher rates as your balance grows. No monthly fees and no minimum balance to open mean it's accessible to everyone, while unlimited transfers and withdrawals let you manage your savings your way. And now, you can take advantage of a special offer $200 bonus on top of your savings growth when you open a new account and deposit $30,000 or more. Offer ends Dec. 31, 2025. Terms apply.

Should you open an account? To help you decide, let's compare it with three other high-yield savings accounts that offer new-member bonuses, high APYs, and more.

1. CIT Platinum Savings

Bonus

  • $225 when you deposit $25,000-$49,999
  • $300 when you deposit $50,000 or more

These deposits must be made within 30 days of account opening to qualify for a bonus. You do not need to leave the funds in the account for a certain amount of time.

APY

  • 3.85% APY with a balance of $5,000 or more

Access to cash

  • Transfers between CIT checking and savings accounts are instant
  • CIT eChecking account offers up to $30 per month in ATM fee reimbursement

Best for: people who plan to deposit $25,000+ and maintain a balance of $5,000+.

To earn a cash bonus and up to 3.85% APY, read our full CIT Platinum Savings review and open an account.

Barclays Tiered Savings
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Member FDIC.

Rates as of Oct 03, 2025

CIT Platinum Savings

Member FDIC.
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Limited-Time Offer
Earn a bonus of up to $300 after a one-time deposit of $25,000+ Circle with letter I in it. This limited-time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025, and can end at any time without notice. Customers will receive a $225 or a $300 bonus provided that the program requirements are met. Click here to see promotion details and terms: https://www.cit.com/cit-bank/platinum-savings/PS2025
APY
3.85% Rate info Circle with letter I in it. 3.85% APY for balances of $5,000 or more; otherwise, 0.25% APY
Min. To Earn APY
$5,000
  • Competitive APY
  • No account opening or maintenance fees
  • Unlimited number of external transfers (up to daily transaction limits)
  • FDIC insured
  • Interest compounds daily so your money can grow a bit faster
  • Balance requirement for maximum APY
  • No branch access; online only

CIT Platinum Savings is a no-frills high-interest savings account that offers one of the highest APYs we've found available today -- as long as you can maintain a $5,000 minimum balance. Plus, customers can make an unlimited number of transfers and withdrawals each month (many savings accounts have monthly limits). And right now, you can also score a cash bonus of up to $300 when you open a new account with promo code PS2025 and fund it within 30 days. Terms apply.

Open a CIT Platinum Savings Account

Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs — Annual Percentage Yields are accurate as of September 23, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.85% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.

Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of September 15, 2025.

For complete list of account details and fees, see our Personal Account disclosures.

2. SoFi Checking and Savings (Member FDIC)

Bonus

  • $50 when you direct deposit $1,000-$4,999.99
  • $300 when you direct deposit $5,000 or more
  • Earn up to $300 and +0.70% Boost on Savings APY with direct deposit. Terms apply.

To earn a cash bonus, you must direct deposit the required amount within 25 days of making your first direct deposit. Translation: Most people will need to hit the threshold with a couple of paychecks.

APY

  • up to 4.50%

The stated APY includes the 0.70% APY boost.

Access to cash

  • Transfers between SoFi® checking and savings accounts are instant
  • Checking account offers no-fee withdrawals from over 55,000 Allpoint ATMs

Best for: people who plan to make direct deposits -- but not huge deposits.

To earn a cash bonus and up to 4.50% APY for six months, read our full SoFi Checking and Savings (Member FDIC) review and open an account.

Barclays Tiered Savings
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Member FDIC.

Rates as of Oct 03, 2025

3. LendingClub LevelUp Savings

Bonus

  • None

APY

  • 4.20% APY with $250+ in monthly deposits

Access to cash

  • Transfers between LendingClub checking and savings accounts are instant when made before 8 p.m. ET on business days; otherwise, next business day
  • LendingClub LevelUp Checking account offers unlimited ATM fee rebates

Best for: people who want to leave their savings in one account forever. In the long run, the higher APY could earn you far more than a welcome bonus.

Barclays Tiered Savings
Open Account for Barclays Tiered Savings

On Barclays' Secure Website.

Member FDIC.

Rates as of Oct 03, 2025
Award Icon 2025 Award Winner

LendingClub LevelUp Savings

Open Account for LendingClub LevelUp Savings

On LendingClub's Secure Website.

Member FDIC.
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.60/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Open Account for LendingClub LevelUp Savings

On LendingClub's Secure Website.

APY
4.20% APY with $250+ in monthly deposits Rate info Circle with letter I in it. LevelUp Rate of 4.20% APY applied to full balance with $250+ in deposits in Evaluation Period. Otherwise, accounts earn Standard Rate of 3.20% APY. LevelUp Rate applies for first two statement cycles. Rates variable & subject to change at any time. See terms: https://www.lendingclub.com/legal/deposits/levelup-savings-t-and-cs
Min. To Earn APY
$0 to open, $250 cumulative monthly deposits for max APY
  • Competitive APY
  • No fees
  • Easy ATM access
  • Unlimited number of external transfers (up to daily transaction limits)
  • Requires you to make monthly deposits to earn the best APY
  • ACH outbound transfers limited to $10,000 per day for some accounts
  • No branch access; online only

The LendingClub LevelUp Savings account has a lot to offer. At the top of the list is its high APY, though you must deposit monthly to earn the best rate. Next is zero account fees, a strong and straightforward perk. Finally, you get a free ATM card, which you can use to withdraw from thousands of ATMs nationwide. Interested? You can open an account with $0.

Open a LendingClub LevelUp Savings Account

Is the Barclays Tiered Savings account worth it?

The Barclays Tiered Savings account is not the best choice for most, because:

  • Its welcome bonus isn't the biggest
  • Its APY isn't the absolute highest
  • Barclays does not offer checking accounts in the U.S., so instant transfers and quick withdrawals are not possible.

However, it still makes a lot of sense for one type of saver: Those who want to deposit $250,000 and then leave the account alone.

These savers can earn a $200 bonus and a higher APY -- without jumping through any more hoops, like making regular deposits.

Just keep in mind that FDIC insurance only protects up to $250,000 per person, per bank. So I would still transfer my interest earnings to an outside account at least a couple of times per year.

In the end, all of the high-yield savings accounts above are excellent, because all of them…

  • Have very high APYs
  • Have no monthly fees
  • Are FDIC insured

And that's what matters most. So don't let analysis paralysis stop you from opening a high-yield savings account and earning more interest now.

Our Research Expert