Barclays Promotions: Best Offers and Bonuses
Written by
Rudri Patel
Edited by
Melanie Grafil
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Barclays Bank has a history that spans more than three centuries, making it a well-established name in global finance. While some banks attract new customers with bonuses or promotional offers, Barclays bonus deals can vary.
Barclays is currently running a promotion that gives new customers a $200 bonus when they open a Select Savings account and fund it with at least $25,000 within 30 days. To earn the bonus, the balance must remain in the account for 120 straight days, though you’ll need to be an AARP member to qualify.
Barclays Current Promotion
At present, Barclays is offering a $200 bonus to new customers who open a Select Savings account and deposit at least $25,000 within the first 30 days. To qualify, you must keep that balance in the account for 120 consecutive days. An AARP membership is required to be eligible for the bonus.
- Bonus value: $200
- Minimum deposit: $25,000
- Expiration date: Sept. 30, 2025
- How to claim: Open a new checking account and set up direct deposit.
- When you’ll get it: Within 60 days after meeting the $25,000 minimum balance for 120 consecutive days.
- Terms and conditions: You must be a new Barclays customer and open the account before the expiration date. You must deposit at least $25,000 into the account in the first 30 days and maintain that balance.
- Fees: $0 monthly maintenance fees
If you don’t have an AARP membership or can’t meet the minimum deposit, you can still earn interest through its tiered savings accounts, which reward higher balances with potentially higher rates.
Barclays Savings Account Bonus: Up to
Though no promotional bonus is available, maintaining a large balance in your Barclays account may still result in elevated returns compared to standard savings options.
Barclays Tiered Savings Account Overview
- Account name: Barclays Tiered Savings
- APY: Up to
- Minimum deposit: $0 to open
- Monthly fees: $0
- Balance tiers: Higher balances qualify for increased APYs
If you’re exploring a new personal savings option, Barclays’ Tiered Savings account could be appealing, especially if you plan to keep a substantial balance. Even without a formal “bonus,” you can benefit from tiered interest rates that scale with your account balance.
Key Details
- No minimum deposit: You can open the account without any upfront deposit.
- Tiered APY: Earn between to , depending on your balance
- No monthly fee: Keep more of your earnings without worrying about maintenance charges.
Find out more about the Barclays Tiered Savings account.
How To Open a New Barclays Account
Here are the steps:
1. Gather Your Information
Have these details ready:
- Social Security number
- Government-issued ID, e.g., driver’s license
- Date of birth
- Physical address
- Phone number
- Email address
2. Complete the Online Application
Visit the Barclays Tiered Savings page and select “Open an Account.” You’ll be prompted to provide personal details and choose your preferred account options.
3. Fund Your Account
- External bank transfer: Move funds electronically from an existing bank.
- Direct deposit: Set up paycheck or benefits deposits directly into your new account.
- Mobile check deposit: Use the Barclays app to deposit checks with your smartphone camera.
4. Final Review and Submission
Confirm your personal information, agree to the terms and submit your application. Barclays will notify you when your account is approved and ready for use.
How Does Barclays Compare To Other Competitors?
Even without a direct Barclays bonus promotion, its tiered savings account could offer competitive returns. When evaluating banks:
- Check APYs: Ensure you’re comparing the highest tier rates.
- Examine fees: Some banks charge maintenance or transfer fees.
- Review accessibility: Think about the way you prefer to connecting with your bank, whether through apps, branch access and customer support.
Barclays stands out for its no minimum deposit policy and zero maintenance fees, but you should shop around to find the best fit for your savings goals.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
$5 monthly, waivable
None
APY
APY
APY
Up to
Min Opening
Min Opening
Min Opening
$0
$0
$0
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
Early withdrawal penalty may apply
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$0
$1,000
$500
Tips for Maximizing Your Barclays Bank Offer
Although Barclays Bank isn’t offering a bonus currently, that doesn’t mean there won’t be offers in the future. Here are some general guidelines on how to capitalize on Barclays bonuses and promotions.
- Track account requirements: If Barclays introduces future bonus offers, watch for specific deposit or direct deposit thresholds.
- Check the website frequently: Banks often roll out promotions at different times of the year.
- Avoid unnecessary fees: Familiarize yourself with account guidelines to keep your earnings intact.
Final Take
Although there’s no current Barclays bonus promotion, the bank’s tiered savings account can still provide a competitive yield — particularly for higher balances. If you’re in the market for a new savings option, consider exploring Barclays’ rates, terms and user-friendly platform.
Ready to learn more? Visit the Barclays official website for the latest savings rates, or check out these additional resources.
Staying informed helps you make the most of your money — whether Barclays eventually offers a bonus or not.
FAQs About Barclays Promotions
Here are the answers to some of the most frequently asked questions about Barclays bonuses and promotions.- What types of promotions does Barclays typically offer?
- Barclays regularly provides credit card signup bonuses, cashback offers, rewards points, balance transfer deals and special savings account promotions to attract new customers.
- How do I qualify for Barclays promotional offers?
- To qualify for Barclays promotions, you'll usually need to meet specific requirements, like minimum spending thresholds within a set timeframe, opening new accounts or completing qualifying transactions.
- Are Barclays promotional bonuses available to existing customers?
- While many Barclays promotions focus on attracting new customers, existing customers often have access to exclusive offers like cashback deals, referral bonuses or increased rewards rates.
- When do Barclays promotional bonuses get credited to my account?
- Barclays typically credits promotional bonuses to your account within four to eight weeks after you meet the eligibility criteria or spending requirements.
- Where can I find the latest Barclays promotions and bonus offers?
- You can find current Barclays promotions directly on their official website, by logging into your Barclays online banking account or through trusted financial resources that highlight ongoing banking offers.
More About Barclays
Cynthia Bowman contributed to the reporting for this article.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Sept. 11, 2025.
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