Barclays CD Rates: What You Need To Know Before You Open One

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Barclays is a London-based bank that operates as an online bank in the United States. As such, it offers high-yield savings accounts and CDs with competitive interest rates.

Current Barclays CD Rates: September 2025

Here’s a breakdown of Barclays CD rates available in September 2025:

Pros and Cons of Barclays CDs 

Here are the pros and cons of a Barclays CD: 

Pros

• No minimum deposit: You aren’t required to have a minimum deposit to open a Barclay CD. 
• FDIC-insured: CDs are insured up to $250,000. 
• No monthly maintenance fees: You aren’t required to pay a monthly maintenance fee on your CD. 

Cons

• No special CD options: Barclays doesn’t offer a no-penalty CD or a bump-up CD. 
• Online-only banking: Barclays Bank has no physical locations. 
• Early withdrawal penalties: You will pay an early withdrawal penalty if you choose to withdraw from your CD prematurely.

How Much Can You Earn With a Barclays CD?

Use this table to estimate how much interest you could earn with a Barclays CD, based on different deposit amounts and term lengths.

You can use GOBankingRates’ Savings Calculator to find out how much you can earn over time.

How To Open a Barclays Bank CD: Step-by-Step Guide

To open an account at Barclays, you must meet a few requirements:

• You must be at least 18 years old.
• You must be a U.S. citizen or a resident alien with a valid Social Security number or Taxpayer Identification Number and a residential U.S. address.

You can open a Barclays CD account on the Barclays Bank website. Barclays requires the following information to verify your identity and may require additional information:

• Name
• Physical address
• Date of birth
• Social Security or Taxpayer Identification Number

Once your application is approved, you have up to 14 days to fund your account.

Barclays CD Rates vs. Other Banks

Here is how Barclays CDs compare to other banks: 

Is a Barclays CD Right for You?

How do you know if a Barclays CD is the right CD for you? You can take a look at why the CD is ideal for some and not for others.

Barclays CDs Are Ideal For:

• Customers who prefer online transactions. Barclays is exclusively online, so if you have no need for a physical bank location, the bank is a good fit. 
• Short-term savers. Barclays offers competitive rates for short-term CDs. 
• Interest earners. Barclays compounds its interest on CDs daily. 

Barclays CDs Not Great For:

• Customers needing liquidity. CDs are not liquid, so you may want to consider an alternative investment. 
• Customers who want higher yields. Other banks may offer savings products that provide higher yields. 
• Customers who want in-person service. Barclays is an online-only bank. 

4 Tips for Getting the Best CD Rates

Here are some tips you can use to get the best CD rate: 

1. Use Relationship Banking Perks

Some banks will offer better rates on CDs if you have an established relationship or multiple accounts. 

2. Compare Multiple Term Lengths and APYs

Shop around for CD rates at multiple banks to find the best rate that works for you. 

3. Look for Promotional or Limited-Time Offers

Banks often offer promotional rates or special offers on their CDs. Check online for those offers. 

4. Build a CD Ladder

Use CD laddering as a strategy so that you can have cash on hand when you need it. 

Allison Hache and Andrea Norris 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.

*Capital One interest rates accurate as of Sept. 15, 2025. See website for all current rates.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Sept. 15, 2025. 

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