Update 5/8/26: New AARP offer. $400 bonus, $40,000 deposit required for 120 days. Account earns 4% APY. The non-AARP offer is for $200 and requires a balance of $25,000 for 120 days.
Update 12/29/25: Extends through 03/31/2026.
Update 10/13/25: The AARP offer is available here.
Update 10/9/25: Offer back through 12/31/25. AARP is not required this time. The deposit has been increased to $30,000 from $25,000. Hat tip to the reader LL
Offer at a glance
- Maximum bonus amount:200 dollars
- Availability:On a national scale
- Deposit required: 30 thousand dollars
- Deposit length: 120 days from the date of deposit
- APY: 4%
- Hard/soft pull:Unknown
- ChexSystems: No.
- Credit card financing: ANY
- Monthly fees:ANY
- Early account closure fee:Unknown
- Family boundary:ANY
- Expiration date:5/3/2024
Offers
Direct link to offers: Barclays | Barclays AARP
- Barclays is offering a $400 bonus when you open a new savings account and meet the following requirements:
- Fund your account with at least $40,000 within the first 30 days of account opening
- Maintain a balance of at least $40,000 for 120 consecutive days
- Barclays AARP offers a $200 bonus when you open a new savings account and meet the following requirements:
- Fund your account with at least $25,000 within the first 30 days of account opening
- Maintain a balance of at least $25,000 for 120 consecutive days
Fine Press
- $200 Bonus Offer: To qualify for this bonus offer, you must be a new Barclays Savings customer (current and former Barclays customers with a savings account or CD are not eligible), open an account between 3/4/2024 and 5/3/2024, fund your new savings account with at least $25,000, maintain an intraday balance of at least $25,000 first opening. $25,000 for 120 consecutive days.
- After maintaining the balance of $25,000 for 120 consecutive days, the $200 bonus will be added to your account in approximately 60 days.
- Offer expires 5/3/2024.
- You may make multiple deposits into your account from another financial institution(s) to meet the offer requirements, provided these deposits occur no later than 30 days after opening the new savings account.
- Funds deposited into your Barclays Savings account will earn the current annual percentage rate listed at barclaysus.com/deposits for the Barclays Savings account.
- Withdrawals may affect your eligibility to earn the bonus if the withdrawal causes the account balance to fall below $25,000.
- The 120 consecutive days will not begin until $25,000 is deposited within 30 days of account opening.
- The bonus will be applied and treated as interest for tax purposes and may require Barclays to send you a Form 1099-INT (Interest Income) and submit it to the IRS for the year in which you earn the bonus.
- While there is no minimum required to open a Barclays savings account as described above, a minimum balance is required to claim the bonus offer.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fee
Early account termination fee
Not sure if there is any EATF.
Our verdict
The bonus works out to be 2% APY if you hold for exactly 120 days, the base rate on the account is 3.90%, so the total rate is 5.9%. Better than others basic savings rates but also some work. We will add this to our list best savings account bonuses.
Hat tip to the reader Fred
Useful posts about bank bonuses:
- A Beginner’s Guide to Bank Account Bonuses
- Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
- PSA: Don’t call the bank
- Login to ChexSystems
- Banks and credit unions that are sensitive to ChexSystems requirements
- What Banks and Credit Unions Do/Don’t Attract ChexSystems?
- How to use our direct deposit site for banking bonuses site
- Common Bonus Bank Misconceptions + Why You Should Give Them a Go
- How many bank accounts can I safely open in a year for the purposes of the bank bonus?
- Affiliate links and bank bonuses – We will not use them
- Complete list of ways to close bank accounts in each bank
- Banks that allow/disallow overseas check applications
- Bank bonus posting times
