Build an emergency fund with instant access if you need it, when you need it
To open a Rainy Day Saver account, you must be a Barclays Blue Rewards member or with Premier Banking.
You can open this account in the Barclays app1 or Online Banking. Just log in or register for Online Banking.
If you’d like help, you can also book a video appointment.
You need to be 18 or over to access this product or service using the app. T&Cs apply.
Already have a Rainy Day Saver? Pay into your account
Build an emergency fund with instant access if you need it, when you need it.
Rainy Day Saver
Effective from 1 September 2023
|
Balance |
Gross per year % |
AER % |
|---|---|---|
|
£1+ |
5.00% gross on balances up to £5,000 |
5.12% AER on balances up to £5,000 |
|
£5,000+ |
1.15% gross on balances over £5,000 |
1.16% AER on balances over £5,000 |
Interest is calculated daily using the statement balance and is paid monthly on the first working day of the month. Interest rates are banded. This means that you’ll earn the higher rate of interest on the first £5,000 of your balance, and the lower rate of interest on your additional balance over £5,000
For example, if you had a balance of £5,100 interest would be calculated at the higher rate on the first £5,000 of your balance and the lower rate on the additional £100.
Can Barclays change the interest rate?
Yes, rates are variable. We can increase or decrease the interest rates for any of the reasons set out in your Customer Agreement (which includes the 'Barclays and you: Terms and conditions for Personal customers' and your Additional Terms).
For more details on when we might change the interest rates and the notice we’ll give you, please see your Customer Agreement including the Additional Terms (as applicable), which you can get from your usual contact or read online at barclays.co.uk/rca.
What would the estimated balance be after 12 months based on a £1,000 deposit and a deposit for each band of interest?
|
Deposit amount |
Estimated value after a year |
|---|---|
|
£1,000 |
£1,051.16 |
|
£5,000 |
£5,251.34 |
The estimated value is based on no change to the interest rate for 12 months and no withdrawals made.
Account opening – to open a Rainy Day Saver, you must be a Barclays Blue Rewards member or Premier Banking customer. You can open an account in our app, in Online Banking, in a branch or over the phone.
Manage account – using our app, Online Banking, in a branch, or by phone.
Eligibility criteria – you must be a Barclays Blue Rewards member or Premier Banking customer, aged 18 or over, and a UK resident
Minimum balance – £1
Maximum balance – £10 million
Yes, you’ll have instant access to your money so you can make withdrawals.
For additional information, download our Rainy Day Saver terms and conditions [PDF, 131KB].
You need to be a Barclays Blue Rewards member in order to open an account. If you are, there are different ways to apply, depending on whether or not you bank with us.
You need to be a Blue Rewards member or with Premier Banking to open a Rainy Day Saver account.
You can open your account in the Barclays app1 or Online Banking. If you’d like help applying in the app, you can book a video appointment.
You need to be 18 or over to access this product or service using the app. T&Cs apply.
If you don’t bank with us, you can book an appointment at one of our branches. You’ll need proof of your ID and address.
Get quick and convenient access to open and manage your accounts.
If the Rainy Day Saver isn’t what you’re looking for, we have other options for you to consider.
The Everyday Saver is ideal for balances that you plan to spend shortly. You can manage your budget by separating your savings from your day-to-day current account spending.
For Barclays Blue Rewards members only
Save for whatever you want, with instant access to your money and a higher interest rate reward in the months where you don’t dip into your savings.
If you’re serious about saving, grow your money with a fixed rate for a fixed term and know exactly how much interest you’ll earn.
Barclays Bank UK PLC and Barclays Bank PLC are each authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Barclays Insurance Services Company Limited and Barclays Investment Solutions Limited are each authorised and regulated by the Financial Conduct Authority.
Registered office for all: 1 Churchill Place, London E14 5HP
