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AARP by Barclays CD Review

Item: Select CDs from Barclays
Author: Bestmoney Staff

Written by

Bestmoney Staff

November 27, 2025

•

1 min

Select CDs from Barclays Summary

AARP by Barclays offers competitive CDs with terms from 6 to 60 months, no fees, and no minimum deposit. Ideal for AARP members looking for secure, fixed-term savings with high APYs and fully online account management.

Select CDs from Barclays Pros & Cons

Pros

Competitive APYs on several terms

No monthly maintenance fees

No minimum deposit required

Cons

Online-only customer support

No early withdrawal flexibility

Select CDs from Barclays at a glance

9.4

Editorial score

Rates

Very competitive APY offering, no minimum balances to open an account

10.0

Fees & Requirements

Publishes early withdrawal penalty fees, offers 8 different term lengths, does not offer specialty/no-penalty CDs

9.0

Security

FDIC insured (directly) through Barclays and not AARP, SSL/AES encryption and supports 2 factor authentication

10.0

Customer Service

Generous CS hours (12 hours per day, 7 days per week) dedicated fraud team, FAQ/help page

9.0

Customer Experience

Solid mobile app with 4.7/4.8 out of 5 on the App Store and Google Play; allows joint CDs; does not have branch locations to open CDs in the United States

9.0

Advantages Over Traditional Banks

AARP by Barclays CDs offer higher APYs than most brick-and-mortar banks and do not require a minimum deposit. Customers avoid in-person paperwork, enjoy digital convenience, and benefit from compounded daily interest credited monthly.

Cutting-Edge Banking Services

Although Barclays does not provide a mobile app for its AARP CD product, users can:

Open and manage CDs entirely online
Access daily interest updates
Schedule maturity instructions online
Fund accounts via electronic transfer

Traditional Banking Services

Barclays does not offer in-branch banking, ATM access, or bundled services like IRAs or checking accounts under the AARP CD banner. However, it maintains core banking security and stability through FDIC insurance and proven infrastructure.

Interest Rates and Fees

Barclays CD rates for AARP members (as of October 2025):

Term	APY¹
6 months	4.10%
9 months	3.80%
12 months	3.80%
18 months	3.00%
24 months	3.00%
36 months	3.00%
48 months	3.00%
60 months	3.25%

Fees:

Early withdrawal penalty: 90 to 180 days of interest depending on term
No monthly service fees

Customer Service and Online Experience

Barclays provides telephone support for AARP CD holders but does not currently offer chat or in-person service. Its online platform supports a streamlined application, interest calculators, and maturity scheduling. However, the lack of live assistance may limit support for urgent queries.

Mobile App

There is no dedicated mobile banking app for AARP CDs from Barclays. However, users can access the full desktop experience via mobile browsers, including opening new CDs, transferring funds, and setting maturity instructions.

Security

AARP by Barclays CD accounts are protected by:

FDIC insurance up to $250,000 per depositor
SSL encryption for all transactions
Account security through multi-factor authentication Barclays maintains a strong record of safeguarding customer data across its online banking platform.

Bottom Line

AARP by Barclays provides a secure, accessible CD product tailored to digital-savvy savers. With zero fees, no minimum deposits, and above-average APYs, it suits AARP members looking for reliable, hands-off investing. Despite lacking mobile and live chat support, the digital platform is easy to use and optimized for convenience.

Disclaimer

1. Barclays Online CD Annual Percentage Yield (APY) for the CD term(s) mentioned above is valid as of 10/29/2025. No minimum opening balance or deposit required to open. Fees could reduce earnings on the account. Rates may change at any time without prior notice before the account is opened. In order to maintain an account, funding must occur within 14 days of account opening. For interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. A penalty may be charged for early withdrawal.

AI was used in the creation of this content, along with human validation and proofreading.

Written byBestmoney Staff

The BestMoney editorial team is composed of writers and experts covering a full range of financial services. Our mission is to simplify the process of selecting the right provider for every need, leveraging our extensive industry knowledge to deliver clear, reliable advice.