Everyday Saver
Ideal for balances that you plan to spend shortly
If you already bank with us, one of the quickest ways to open this account is in the Barclays app1 or Online Banking. Simply log in or register for Online Banking.
If you don't already bank with us, call us on 0345 744 54452 to book an appointment to open an account in a branch. Due to popularity, the next available appointment may be a few weeks away.
Already have an Everyday Saver? Pay into your account.
Manage your budget by separating your savings from your day-to-day current account spending.
- 1.66% AER/1.65% gross p.a.3 on balances up to £10,000
- 1.16% AER/1.15% gross p.a.3 on balances over £10,000
- Instant access to your money
- Open from £1
- Open and manage your account using our app, Online Banking1, by phone or in a branch
- Create a savings goal in the app and track your progress.
Summary box
Account name
Everyday Saver
What is the interest rate?
Effective from 1 September 2023
|
Balance |
Gross rate per year % |
AER % |
|---|---|---|
|
£1+ |
1.65 |
1.66 |
|
£10,000+ |
1.15 |
1.16 |
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 on the first £10,000 of your balance and the lower rate on the additional balance over £10,000.
For example, if you had a balance of £10,100 interest would be calculated at the higher rate on the first £10,000 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 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 and a deposit for each band of interest?
|
Deposit amount |
Estimated value after a year |
|---|---|
|
£1,000 |
£1,016.62 |
|
£10,000 |
£10,165.87 |
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 the Barclays app, 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, the Barclays app 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
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 in a Barclays offset 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 [PDF, 140KB].
How to apply
There are different ways to apply, depending on whether or not you bank with us.
New to Barclays?
Call us on 0345 744 54452 to book an appointment to open an account in a branch. You’ll need proof of ID and address.
Register for Online Banking
Get quick and convenient access to open and manage 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.
Rainy Day Saver
For Barclays Blue Rewards members only
Build an emergency fund with our best instant access rate on balances up to £5,000.
Blue Rewards Saver
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.
Fixed-rate savings bonds
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.