How To Close Barclays US Savings Account
This article explains How To Close Barclays US Savings Account.
Barclays Bank is an online bank that is less well recognized. It is the banking equivalent to Barclaycard’s popular credit card division.
It offers savings accounts and CDs (CDs). The online savings account offers a significant interest rate.
You may use all of Barclays’ online banking capabilities with the Online Savings Account.
In this Barclays Savings Account review, we evaluate rates, fees, and services.
How To Close Barclays US Savings Account
Online is one of the quickest and easiest ways to terminate a Barclays current or savings account.
To close your account, simply log into Online Banking and send a secure message. With an Everyday Saver account, you can close it and transfer the remaining money in only a few clicks.
Close a Barclays account using the mobile banking app. Sign into the app, then use video banking or live chat to close your account. The best part is that this approach is available 24/71.
Other ways to terminate a Barclays account
If you don’t have access to internet or mobile banking, there are other options. Telephone, in-branch, and postal banking.
If you already use Barclays telephone banking, you can end your account by calling 0345 734 53451.
Outside the UK, dial +44 (0)247 684 20991.
You can also close a Barclays account by visiting a branch in person. Bring the account’s debit card and cheque book. A photo ID, such as a passport or driver’s license1, may be required.
Finally, you can close your Barclays account by mail. To close your account, you must print and complete a form.
Post it to: Barclays Leicester United Kingdom LE87 2BB
Discard the account’s debit card and check book.
How long to terminate a Barclays account?
Closing your Barclays account can take up to 5 working days2 depending on the procedure. It could be quicker if done online or using mobile banking.
A Barclays Business Account Closure
Closing a business account with Barclays3 is simple:
* Call 0345 605 2345 if you’re registered for Telephone Banking and want to transfer funds to another Barclays account.
If you prefer to close your company current account by post, you can do so by writing to Barclays, Leicester, LE87 2BB
* In branch – bring your debit card, chequebook, and two IDs to your nearest Barclays branch.
Review of Savings Account Rates
Barclays has one of the best savings rates in the country. The APY applies if your account balance is at least $0.01.
The account’s competitive interest rate magnifies the effects of compound interest.
BARCLAYS ONLINE SAVINGS ACCEPTS D Enter your account information and print a direct deposit form for your employer.
Your tax refund can also be put into your Barclays savings account. Direct deposit is free and does not prevent monthly fees.
Other Top Savings Accounts
Barclays Bank is part of a large collection of online banks that provide high savings APYs. Consider your options before selecting a savings account.
The Ally Online Savings account is very popular. It doesn’t save as much, but it is still quite competitive.
Ally Bank has excellent free interest checking accounts and CDs. Online savings accounts would go well with these additional items.
Here are some more amazing APY savings accounts.
Great for Simple Savings
Barclays has a simple savings account with a high APY. This account is ideal for people who want a simple account that focuses on saving money.
Aside from a wonderful interest rate, the account has no other notable characteristics.
Get a savings account from your local brick-and-mortar bank to link your savings, checking, and credit cards for rewards.
The Barclays Online Savings Account is appealing to low-balance customers. Open a Barclays online savings account for for $1.
West coast customers should be informed that all Barclay time constraints are based on Eastern Standard Time, and deposits must be made by noon to be credited the same day. Times are also EST.
Barclays lacks a mobile app, so customers wanting innovative features and a wide choice of goods are better off with Bank of America, Chase, or Wells Fargo.
Overall, the Barclays online savings account is a low-key way to save money.
Barclays US: Conclusion
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