Barclays current accounts interest

wideboy09

I hear about current accounts paying decent interest levels, do Barclays have these? I cannot find them or any other decent accounts for that matter

grumbler

For 'any other' see Best Bank Accounts

Barclays is good for Blue Rewards only:
Got a Barclays current account? Here's how to get £48 per year

Flobberchops

Nope; Barclays hasn't gone the route of offering an attractive current account interest rate.

Blue Rewards is the nearest thing and for those who qualify represents an easy £48 a year - by my shaky maths that actually beats a Santander 123 account if your average monthly account balance is under £3600. If you happen to have a Barclays mortgage you get an extra £5/mo, home insurance gets you £2/mo, and a personal loan is another £1/mo. So, that's potentially £12 a month cashback - though you'd have to be signed up to a lot of financial services.

Barclays also has an *okaaaay* cash ISA at 0.8% and a *pretty good* HTB ISA at 2.27%. The also do AFAIK the second-best children's regular saver on the market at 3.5% (losing out to Halifax's 6%). The other savings products aren't much to write home about.

If it's bang for your buck you're looking for, perhaps best to look elsewhere.

wideboy09

Thanks, I'm putting money into the HTB isa but it's only my second month so only £1400 in so far. I have got money in a cash is a too and get 1% on that for having over 30,000 in it but I feel that is not a very good return. The 2.27 rate on the HTB isa is much better but can only save such small amounts

grumbler

Have a look at Regular Savings accounts as well.

wideboy09

I like the look of those grumbler but they only let you put a small amount in, it would take multiple accounts and a long time to utilise 30k

colsten

Use other current accounts. https://forums.moneysavingexpert.com/discussion/5374614

Drip-feeding Regular Savers will boost the overall interest you can earn from your £30K.