Compound Interest Calculator
Savings Account from Barclays Bank Delaware with 4.20% APY and $0 minimum deposit



Use or Change These Amounts and Rates

The product Savings Account from Barclays Bank Delaware with 4.20% APY and $0 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $30,179. The interest earned would be $10,179 and the tax amount on the interest earned would be approximately $3,054.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Barclays Bank Delaware

Savings Boost of
$6,806 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
Barclays Bank Delaware Interest Earned $7,125

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,091 45 32
4 20,136 46 32
5 20,181 46 32
6 20,227 46 32
7 20,273 46 32
8 20,319 46 32
9 20,364 46 32
10 20,410 46 32
TOTAL: $457 $320

Barclays Bank Delaware Scenario

Rate:
4.20%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 840 588
2 20,840 875 613
3 21,715 912 638
4 22,627 950 665
5 23,578 990 693
6 24,568 1,032 722
7 25,600 1,075 753
8 26,675 1,120 784
9 27,795 1,167 817
10 28,963 1,216 852
TOTAL: $10,179 $7,125

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.


Recent Rate Changes



Date APY
August 27, 2024 4.20%
August 20, 2023 4.35%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.

Last change: ↑0.20% on October 28.
Early Withdrawal Penalty is 3 months interest.



Customer Reviews for Barclays Bank Delaware (35)


  • May 2, 2022 |

    Online Savings Rates

    Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anything else from the list.

  • November 8, 2021

    As of 11/03/2021 online savings rate increased to 0.50%

  • December 11, 2020 |

    Online Savings Rates

    All the good reviews on this site are planted by the bank. This is the worst. It used to be good and the transfer speed is good. Still they lower their rates below anyone else and do it without the notice that everyone else gives. Terribly upsetting to check my account monthly and see the rates falling. The constant credit card cross selling is annoying. Love Jet Blue but dealing with Barclays in really bad.

  • August 6, 2020 |

    Online Savings Rates

    This bank does not provide email notice of changes in savings account rates the way that other online banks do. Otherwise, it is the best one of these places to work with.

  • February 28, 2020 |

    Online Savings Rates

    This bank used to be the best one but everything has gone to pot here and I mean everything. In 1 year. Avoid this one. There are plenty of better banks on the list.


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