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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 scoreRates
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 June 2026):
| Term | APY¹ |
| 6 months | 3.60% |
| 9 months | 3.50% |
| 12 months | 3.35% |
| 18 months | 3.00% |
| 24 months | 3.90% |
| 36 months | 2.50% |
| 48 months | 2.50% |
| 60 months | 4.00% |
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. Select CDs from Barclays Annual Percentage Yield (APY) for the CD term(s) mentioned above is valid as of 06/24/2026. 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.