Barclays CD Rates and Financial Information
Barclays Bank Delaware Main Address and Contact Information
125 South West Street
Wilmington, Delaware 19801
Barclays Bank Delaware FDIC Certification Number
Rating: (5 out of 5)100
Notes: No Minimum Balance. No Monthly Maintenance Fees. FDIC Insured.
Barclays CD Rates
Rates Updated: 01/18/2019
Articles Related to Barclays
This Week's CD Rates Increased Across the Board
This week's CD rate changes were numerous because banks and credit unions increased interest rates across the board. The high number of CD rate changes this past week is a result of the Federal Reserve increasing the fed funds rate. The recent fed funds rate increase of 25 basis points put the fed funds rate in a range of 1.50 percent to 1.75 percent. Read more...
Top Savings Rates Update - January 11, 2017
Listed below are the top savings account rates available on our database for January 11, 2017. The sole leader with the best savings account rate this week is Popular Direct with a rate of 1.14 percent and a yield of 1.15 percent.
Top Savings Rates
Interest rates change constantly, you can always get a list of the most current rates by searching our rate database at Savings Rates.
Highest Deposit Rates November 27, 2016
Variable deposit rates continue to inch slowly higher this week. The best savings rate available is at 1.25 percent with a yield of 1.26 percent. The best money market account rate available is slightly lower at 1.24 percent with a yield of 1.25 percent.
Listed below are the best savings rates and money market rates available in our database for November 27, 2016.
Best Savings Rates
Best Money Market Account Rates
Best Variable Deposit Rates October 12, 2016
Variable deposit rates have been slowly creeping up for the past several months. The interest rate increases have been small; in increments of less than 10 basis points for the most part. Even with the small increases, the best variable deposit rates are almost comparable to best the 1 year CD rates.
The best savings rate on our rate database is at 1.25 percent with an APY of 1.26 percent from Popular Direct. This savings rate is only 4 basis points lower than the top 1 year CD rate in our database at 1.29 percent with a yield of 1.30 percent. The highest money market yield on our list is 5 basis point lower at 1.24 percent with a yield of 1.25 percent.
Listed below are today's current highest savings rates and money market rates
Highest Savings Rates
Highest Money Market Rates
To view a current list of savings account rates and money market account rates search our database at SavingsAccount.MonitorBankRates.com.Read more...
Deposit Rate Report August 11, 2016
Listed below are the best savings rates and money market account rates for August 11, 2016.
Best Savings Rates August 11, 2016
Best Money Market Rates August 11, 2016
Average Variable Deposit Rates for August 11, 2016
Savings Rate and Money Market Rate Report August 2, 2016
Savings rates and money market rates remain stable in our Deposit Rate Report for August 2, 2016. There have been some rate changes since our last deposit rate report but no new highs to report. As expected, the FOMC didn't increase the fed funds rate during their meeting last week.
The next FOMC meeting is scheduled for September 20-21 but it's unlikely the FOMC will increase the rate during that meeting. Listed below are the current best savings rates and money market rates available in our database of rates.
Best Savings Account Rates August 2, 2016
Best Money Market Account Rates August 2, 2016
Average Deposit Rates for August 2, 2016
Variable Deposit Rate Report for July 11, 2016
Listed below are current savings rates and money market rates in our Variable Deposit Rate Report for July 11, 2016. Also listed below are average savings/MMA rates for 7/11/16. You can see how these rates compare with all deposit rates by searching our rate database: Variable Deposit Rates.
Top Savings Account Rates July 11, 2016
Top Money Market Rates July 11, 2016
Average Savings/MMA Rates July 11, 2016
Sorry Savers, Brexit Kills Any More Rate Hikes in 2016
Hopes were high for savers late last year when the Fed increased the fed funds rate for the first time in nearly a decade. The rate hike of 25 basis points in December 2015 was expected to be the first of many hikes to come. In the Fed's economic predictions for 2016, a majority of Fed participants expected four rate hikes in 2016.
Savers finally had reason to be hopeful that deposit rates would move higher in 2016, then came reality. The second rate hike looked like it would happen during the Fed's March meeting. During the Fed's March meeting, slowing economies worldwide spooked the markets and the Fed declined to raise the fed funds rate.
The Fed also decided not to hike rates during April meeting due to economic uncertainty. June's meeting started to look like another rate hike would come but a disappointing jobs report nixed that increase. A mere 38,000 jobs were created in May, much lower than the forecast of 175,000.
The latest disappointing news that will prevent the Fed from hiking the rate is UK voters voting to leave the European Union. Ben Bernanke, the former Fed Chairman, wrote on his Brookings blog "clearly the Fed and other U.S. policymakers will remain cautious until the effects of the British vote are better sorted out."
There's no telling how long it will take for the ramifications of Brexit to be fully realized but fed fund rate hikes in 2016 are not going to happen. The latest nail in the coffin for rate hikes will leave savers with the same low deposit rates they have been coping with since the financial crisis of 2007/2008.
On a positive note, savings rates and money market rates haven't moved lower since the Brexit vote last Thursday. The same can't be said for U.S. Bond yields. Last Wednesday, 10 year bond yields were at 1.73 percent, yesterday 10 year yields fell to 1.46 percent. Listed below are yesterday's closing bond yields, the best savings rates and money market rates available in our database of rates.
U.S. Bond Yields as of June 28, 2016
Best Savings Rates as of June 28, 2016
Best Money Market Rates as of June 28, 2016
You can search for a list of the highest savings account rates and money market account rates at any time by searching our rate database at Highest Deposit Rates.Read more...
Barclays Lowers CD Rates
Barclays Bank just lowered CD rates on four certificates of deposit. The largest CD rate decrease was 20 basis points on Barclay's 4 year and 5 year CDs. Barclays 2 year and 3 year CD rates were lowered by 10 basis points. You can see how Barclay's new lower rates compare with other rates by searching our rate database at CD Rates.
New Lower CD rates at Barclays
Listed below is a complete list of current online CD rates at Barclays:
There is no minimum deposit to open a certificate of deposit at Barclays. Online CD accounts automatically renew at prevailing rates. Beginning on the date of maturity, there is a 14-day grace period in which you can withdraw funds from your CD without penalties. Barclays will send you an email alert approximately 30 days before your CD matures.
To withdraw funds from a CD account, you’ll have to contact Barclays in writing or by phone before the grace period ends. The Barclays Customer Care team can give you more detailed instructions, you can call them at 888-710-8756, seven days a week from 8am to 8pm ET.
You can receive interest disbursements every month. You can either keep interest earned in your CD account or transfer it to your Barclays online savings account or an external account.
Basically all CD accounts have early withdrawal penalties. Barclays CD account early withdrawal penalties are listed below.
Barclays may waive the early withdrawal penalty in certain circumstances, such as the death or incompetence of the CD account owner.Read more...
3/1/16 - Best Variable Deposit Rates
Listed below are the best variable deposit rates for March 1, 2016. For a list of today's deposit rates search our database of rates at Deposit Rates.
Best Money Market Account Rates
Best Savings Account Rates
Compare Barclays's CD Rates With Other Bank Rates Below
Barclays Bank Delaware Financials