What are Barclays CD Rates Today?
Barclays CD rates range from 4.00% APY for a 6-month CD to 4.75% APY for a 5-year CD as of Oct 7, 2026.Barclays CD rates apply to a single online CD with no minimum deposit. Its 12-month CD currently pays 4.50% APY, with terms from six months to five years.
Barclays CDs at a glance
- Top rate
- 4.75% APY on a 2-year Online CD
- Terms
- 6 months to 5 years
- Minimum deposit
- None
- CD types
- Standard
- Early withdrawal penalty
- 90 or 180 days of interest, by term
- Insurance
- FDIC, up to $250,000
Rates checked Oct 14, 2026 against Barclays' own rate page. We check weekly and accept no paid placements.
- Barclays pays 4.50% APY as of Oct 7, 2026 on a 12-month CD.
- There is no minimum opening deposit, which is uncommon among banks paying competitive rates.
- Rates vary widely across Barclays’ term list, so the term you choose matters more here than at most banks.
- For comparison, the FDIC national average on a 12-month CD is 1.73% APY.
Barclays CD rates today
| Term | APY | Min deposit | Rate last changed |
|---|---|---|---|
| 6-month | 4.00% APY | None | – |
| 9-month | 4.00% APY | None | Oct 7, 2026 |
| 12-month | 4.50% APY | None | Oct 7, 2026 |
| 18-month | 4.50% APY | None | Oct 7, 2026 |
| 2-year | 4.75% APY | None | Oct 7, 2026 |
| 3-year | 4.50% APY | None | Oct 7, 2026 |
| 4-year | 4.50% APY | None | Oct 7, 2026 |
| 5-year | 4.75% APY | None | Oct 7, 2026 |
A penalty may be imposed for early withdrawal.
Rate last changed is the as-of date of the first week we saw the current rate; a dash means it hasn't changed since we started tracking it. Deposits at FDIC-member banks are insured up to $250,000 per depositor, per ownership category.
How Barclays compares
The table below ranks the highest 12-month rates among the banks and credit unions we track each week. It is a limited set, so a smaller institution may pay more.
| Rank | Bank | APY | Min deposit | As of |
|---|---|---|---|---|
| 1 | Barclays | 4.50% APY | None | Oct 7, 2026 |
| 2 | Sallie Mae Bank | 4.40% APY | $2,500 | Oct 13, 2026 |
| 3 | Ally Bank | 4.15% APY | None | Oct 12, 2026 |
| 4 | Navy Federal Credit Union | 4.05% APY | $1,000 | Oct 14, 2026 |
| 5 | Capital One, N.A. | 4.00% APY | None | Oct 9, 2026 |
Standard CD rates for a $25,000 balance. These are the highest rates among the institutions AnnuityJournal checks each week, not every bank in the country. A penalty may be imposed for early withdrawal. Verify the current rate with the bank.
Across all terms, these are the best rates currently available from the institutions we follow.
| Term | Top APY | National avg. | Bank | Min deposit | As of |
|---|---|---|---|---|---|
| 3-month | 2.80% APY | 1.13% APY | Ally Bank | None | Oct 12, 2026 |
| 6-month | 4.00% APY | 1.41% APY | Barclays | None | Oct 7, 2026 |
| 9-month | 4.00% APY | – | Ally Bank | None | Oct 12, 2026 |
| 12-month | 4.50% APY | 1.73% APY | Barclays | None | Oct 7, 2026 |
| 18-month | 4.50% APY | – | Barclays | None | Oct 7, 2026 |
| 2-year | 4.75% APY | 1.61% APY | Barclays | None | Oct 7, 2026 |
| 3-year | 4.50% APY | 1.36% APY | Barclays | None | Oct 7, 2026 |
| 4-year | 4.50% APY | 1.28% APY | Barclays | None | Oct 7, 2026 |
| 5-year | 4.75% APY | 1.38% APY | Barclays | None | Oct 7, 2026 |
Standard CD rates for a $25,000 balance, from each institution's own published rates. These are the highest among the institutions AnnuityJournal checks each week, not every bank in the country. A penalty may be imposed for early withdrawal. Verify the current rate with the bank. National average: the FDIC national rate for September 2026, via the Federal Reserve Bank of St. Louis (FRED).
Barclays CD vs. a fixed annuity
A CD and a multi-year guaranteed annuity (MYGA) both lock in a rate for a fixed number of years. The differences are who guarantees the money, how the interest is taxed and what it costs to get out early.
| Product | Rate/APY | What $25,000 earns over 5 years | Guaranteed by |
|---|---|---|---|
| National average 5-year CD FDIC national rate, September 2026 | 1.38% APY | $1,773 | FDIC or NCUA insurance, up to $250,000 |
| Barclays 5-year CD Standard rate, as of Oct 7, 2026 | 4.75% APY | $6,529 | FDIC insurance, up to $250,000 |
| 5-year MYGA: Knighthead Life Staysail 5 (Simple Interest) Top rate from carriers rated A- or better (AM Best A-) | 6.65% guaranteed | $8,313 | The issuing insurer and state guaranty associations |
| 5-year Treasury Par yield as of Oct 13, 2026 | 5.00% yield | $6,907 | The U.S. government |
MYGAs are not FDIC-insured; they are backed by the issuing insurer and state guaranty associations, up to state limits, and carry surrender charges for early withdrawals. Earnings are estimates before taxes: the rate compounded once a year over the term with interest left in the account (simple interest where noted). The national average and Treasury figures are treated the same way. A penalty may be imposed for early CD withdrawal. This comparison is educational, not a recommendation; verify every rate with the provider.
Taxes are often the deciding factor. CD interest is taxed each year as it accrues, while annuity interest grows tax-deferred until it is withdrawn. For a closer look, see how MYGAs compare with Treasury bonds and today’s best MYGA rates.
Before you open a Barclays CD
- No minimum. A Barclays CD can be opened with any amount, so its rates are available to small and large savers alike.
- Early withdrawal penalties. Withdrawals before maturity carry a penalty that grows with the term, set out in the table below.
- Insurance. Deposits are FDIC-insured up to $250,000 per depositor, per ownership category.
- Rate lock. Your rate is fixed for the full term, even if market rates fall. Savers who want a longer lock often weigh a CD against a fixed annuity.
| CD term | Penalty |
|---|---|
| 24 months or less | 90 days of interest |
| More than 24 months | 180 days of interest |
If the penalty exceeds the interest earned, the difference comes out of principal.
Who Barclays CDs suit
Barclays suits savers who want a competitive rate without a minimum deposit, who need a specific term for a CD ladder, or who are comfortable banking entirely online.
It is a weaker fit if you may need the money before maturity, since Barclays does not offer a no-penalty CD, or if you are saving for five years or longer and would benefit from the tax deferral a MYGA offers.
Frequently asked questions
What is Barclays' best CD rate right now?
Barclays' highest CD rate we track is 4.75% APY on its 2-year Online CD, as of Oct 7, 2026. That's for a $25,000 balance. Rates change often, so confirm the current rate with Barclays before opening an account.
When were these rates last checked?
AnnuityJournal last checked Barclays' rates on Oct 14, 2026, directly from Barclays' own rate page. We check once a week, and we stop showing any rate that hasn't been checked in 10 days.
Is a Barclays CD better than a fixed annuity (MYGA)?
Over 5 years, Barclays pays 4.75% APY on its CD, and the top 5-year MYGA we track pays 6.65% guaranteed (Knighthead Life). It depends on what you need. A CD is FDIC-insured up to $250,000 and you can reach the money early by paying a penalty. A MYGA is not FDIC-insured; it is backed by the issuing insurance company and state guaranty associations, carries surrender charges, and its interest grows tax-deferred until you withdraw it.
Are Barclays CDs insured?
Yes. Deposits are FDIC-insured up to $250,000 per depositor, per ownership category. That coverage is backed by the U.S. government.
Does Barclays offer a no-penalty CD?
No. Barclays offers one online CD, and every term carries an early withdrawal penalty. If you may need access before maturity, consider a no-penalty CD elsewhere or a high-yield savings account.
Rates change without notice, so confirm current Barclays CD rates with the bank before opening an account.
