e-savings Reward - Savings - Barclays
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Picture of gearse-savings Reward

The e-savings Reward account is a great choice if you want an incentive to save regularly and see your money grow. It lets you access your money whenever you like but offers a higher rate of interest for months when no
withdrawals are made.

Apply - Barclays customers

You can apply for an e-savings Reward account online whether or not you’re an existing Barclays customer.

Existing Online Banking customers:

Log in to apply (opens in new window)

New to Online Banking?
If you already have a Barclays curent account, you can register for the service online in a few minutes and 3 easy steps. You will need your debit card.
 How to register

Apply - new to Barclays?

You can apply for an e-savings Reward account online if you're not a Barclays customer currently.

Apply online now

Useful information

 Interest rates
 Read the terms & conditions

Features:
tick Easy to open.
tick Great for long term saving. Earn a higher rate of interest for months when no withdrawals are made.
tick Ideal if you have extra money to put away each month.
tick You still earn interest if you need to make a withdrawal but at a lower rate for that month.
tick Open from £1.
tick A maximum of two accounts per customer. You must be 18 or over to apply.
e-savings Reward summary box

How to apply for e-savings Reward

You can apply for an e-savings Reward account online whether or not you’re an existing Barclays customer.
Existing Online Banking customer?           New to Barclays?
Log in to apply (opens in new window)           Apply online now
Details:
Open from £1
Interest paid (frequency) Monthly
Account management Online only. Optional ATM card to withdraw up to £300 per day from Barclays cash machines.
Maximum balance £2 million

Interest Rates:
Higher rate of 1.26% AER (1.25% gross p.a.)* for months when no withdrawals are made.
Lower rate of 0.85% AER (0.85% gross p.a.) paid for months in which a withdrawal is made.
Both of the above rates include an introductory bonus of 0.75% gross.  The bonus is payable for 12 months, after which time the rates will reduce accordingly.**
After the introductory bonus period we guarantee that the higher gross rate will not be less than 0.5% below Barclays Bank Base Rate until 1 January 2010.
Rates are variable. Interest paid monthly.

It could be right for you if:

  • You want an online savings account that's easy to open.
  • You’re happy to manage your savings account online.
  • You’re serious about long-term saving.
  • You want your interest paid monthly.

You may prefer a different
account if:

  • You want an account you can manage by phone or in a branch.
  • You want to save for a short-term goal.
  • You want to make regular withdrawals.

  View all savings accounts

   

Important information

How much can I withdraw?
Normal Online Banking maximum payment limits and payment times apply. For transfers between your own Barclays accounts, the limit is £250,000 per transaction although you can make as many transfers as you want, provided you have sufficient funds. For payments to third parties , including your own accounts at other banks, the overall daily limit is £10,000.

Cooling-off
If you are not happy with your account, you have a 14-day period in which to contact us to cancel your account or switch to another account. Any interest earned during the cooling-off period will be paid to you. This 14-day period begins on the date your account is opened or the date you receive your terms and conditions and other account information, whichever is the later.

* Gross is the rate of interest payable before the deduction of income tax. Interest is payable gross to non-taxpayers subject to their providing the required certification. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

** We may withdraw or change the bonus offer at any time without notice. Bonus is payable for 12 months from the date of the account opening after which time the rate will reduce accordingly.

Barclays Bank PLC is a member of the Financial Services Compensation Scheme (FSCS).
Read more about the  Financial Services Compensation Scheme.
 

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