Everyday Saver

The more you save, the more you’ll earn

If you bank with us, you could open an account online in minutes.

Save whenever you want, for as long as you want, with instant access to your money.

  • 0.05% AER/gross per year1 variable for balances of £1 to £10 million
  • Instant access to your money – through online, mobile and telephone banking, in branch or with an optional ATM card2
  • Open with £1

Summary box

Account name
Everyday Saver

What is the interest rate?
Effective from 1 December 2016.

Balance

Gross per year %

AER % 

£1+

0.05

0.05

Interest is calculated daily using your statement balance and is paid on the first working day of each month. 

Can Barclays change the interest rate?

Yes, rates are variable. We can increase or decrease the interest rates for the reasons set out in our ‘Barclays and you’ booklet, which is available in branch, or you can read our Terms and conditions for Personal customers . Both also explain when we may change the interest rates, and the notice we’ll give you.

What would the estimated balance be after 12 months based on a £1,000 deposit?

Deposit amount

Estimated value after a year

£1,000

£1,000.50

The estimated value is based on no change to the interest rate during 12 months and no withdrawals made.

How do I open and manage my account?

You can open an account online, in branch or over the phone. Please see the ‘How to apply’ section below for more details. 

You can manage your account in branch, or using Online Banking, Barclays Mobile Banking or Telephone Banking – provided you’re registered. 

You can open this account with £1 – the maximum balance is £10 million. 

Eligibility

To apply for this account, you must: 

  • Be aged 16 or above
  • Be resident in the UK for tax purposes

Can I withdraw money?

Yes, you’ll have instant access to your money so you can make withdrawals. 

Additional information 

  • You can offset your savings account against your mortgage – but if you do, you won’t earn any interest on your savings 
  • You can have more than one Everyday Saver account at any given time in sole or joint names
  • There’s an optional ATM card to withdraw up to £300 per day from our cash machines in the UK

 

Terms and conditions

For additional information, download our Everyday Saver terms and conditions.

How to apply

There are different ways to apply, depending on whether or not you bank with us.

Register for Online Banking

Get quick and convenient access to your accounts.

More ways to save

If the Everyday Saver isn't what you’re looking for, we have other options for you to consider.

ISAs

Tax-free savings up to £20,000

An ISA is an Individual Savings Account – it allows you to save money in a tax-efficient way. Compare our ISAs to find one that’s right for you.

Savings Bonds

Put your money away for a fixed rate of return

If you’re serious about saving, you can lock your money in one of our bonds, and know exactly what interest it’ll earn.

 

Children’s Instant Saver

Start saving for their future today

Set aside savings for your children – as much as you want, whenever you want.