Savings just got easier!
Updated as of January 2019 as the rate and APY are different when we posted back in July 2017 plus we have more savings options for you!
We’re proud that the Ring Community serves as a financial health resource. By posting only the most relevant and trusted information we can find, we aim to help members make the best financial decisions possible.
We’d like to let you know how the Barclays Online Savings and Online CDs can help you manage and grow your finances. Whether you’re looking for an everyday savings account or a high-yield CD, we have an option that fits your needs. Accounts are FDIC insured up to the maximum amount allowed by law.
Barclays Online Savings
With Barclays Online Savings, there is no minimum deposit required to open an account, no monthly maintenance fees, and 24/7 online access to your funds.
Barclays currently offers a rate 24x the national average with a 2.20% APY*.
You can also take advantage of Barclays Online Savings Assistant – a handy financial planning tool that can help keep you focused and in control of your money and your financial goals. The Savings Assistant also shows you exactly how long it might take to reach specific financial targets.
Our Online CDs are another way to see your money grow. We have a wide array of 3-60-month Online CDs that offer the stability of fixed-rate annual percentage yield (APY).
Plus, you’ll also get interest that compounds daily, no hidden monthly fees or minimum balances to open and easy fund transfers! See which option is best for you in our handy Online Savings vs. Online CD comparison resource. You can also easily see how the savings can add up with our CD Calculator and CD Ladder tools.
Mobile Banking App
Our award-winning Mobile Banking App makes managing your online savings simple! The easy-to-use interface is supported on iOS and Android platforms and provides a streamlined view of your account balances, latest transactions, APY and much more. You also have the capability with a few clicks to make deposits, transfers, set up alert notifications and much more.
*National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of 01/09/2019; average rate used is for deposits under $100,000. Barclays Online Savings Annual Percentage Yield (APY) is valid as of 12/27/2018. No minimum opening balance or deposit required to open. Fees could reduce the earnings on the account. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01.