Unlock $200: Deposit $25,000 within 30 days at Barclays.
In the realm of banking, Barclays Bank has recently rolled out a lucrative $200 bonus incentive for fresh customers who decide to dive into a Tiered Savings account. The stipulation for grabbing this bonus is a humble request: deposit $25,000 within the first 30 days of opening the account and maintain that balance for 120 days. Yes, that’s all it takes to reap the $200 reward! Furthermore, Barclays offers an impressive high-yield savings rate of up to 4.65% APY, making it a highly competitive option in the market.
Some key highlights to consider about Barclays and their Tiered Savings account are mentioned below:
- No Maintenance Fees: Barclays’ savings accounts are a blessing for those wary of monthly maintenance fees. Say goodbye to those pesky, unnecessary charges eating into your earnings.
- Historic Background: Barclays is no amateur in the banking world, tracing its origins back to 1690. With such a rich history, customers can trust their expertise in financial matters.
- Online-Only Institution: While Barclays may lack physical branches in the U.S., it compensates for it by providing top-notch online banking services. There’s no need to worry about accessibility with Barclays at your fingertips.
- FDIC-Insured: Rest easy knowing that your deposits with Barclays are FDIC-insured up to $250,000, ensuring the safety of your funds.
The Tiered Savings account offers a structure that suits a plethora of savers, from the ones starting small to those with substantial sums of money. Here’s a breakdown of the tiers:
- Earn a $200 Bonus: New customers must deposit $25,000 within 30 days of opening the account and maintain that balance for 120 days.
- High-Yield Savings Rates: Barclays offers competitive interest rates of up to 4.65% APY.
- No Maintenance Fees: Barclays’ savings accounts come with zero monthly maintenance fees.
Barclays is undoubtedly making a strong case for itself in the world of online banking, and with offers like the $200 bonus and high-yield savings rates, customers stand to benefit greatly. So, act soon and open a Barclays Tiered Savings account to avail yourself of their impressive offerings.
