What is the Investment Saver?
INVESTMENTS
We created the Investment Saver so that Investment Account holders can earn interest on their uninvested cash. Here’s how it works.
What you'll learn:
- Why we have created an Investment Saver
- How you manage your Investment Account alongside your Investment Saver.
Smart Investor is provided by Barclays Investment Solutions Limited (Barclays Investment Solutions).
As Barclays Investment Solutions isn’t a bank, it can’t hold your uninvested cash as a deposit in the way Barclays Bank was able to and therefore cash balances won’t receive interest in line with current interest rates.
To give you the opportunity to earn interest, we created the Investment Saver for your uninvested cash. Here, we explain how it works.
Do all Smart Investor customers have an Investment Saver?
No, only customers with Investment Accounts have an Investment Saver for their uninvested cash. Smart Investor Investment ISAs and SIPPs do not have an Investment Saver.
You can decide if you’re happy for us to automatically transfer any uninvested cash from your Investment Account to your Investment Saver each day by selecting this option within the Investment Settings section of the website. This won’t have any impact on your ability to trade as we will automatically move any cash needed to your Investment Account to fund investments, corporate actions and fees as required.
Any uninvested cash held in your Investment Saver will earn interest, details of our current interest rates can be found here.
No interest will be earned on cash in your Investment Account.
What happens to uninvested cash held in my Investment Account rather than in the Investment Saver?
This is held by Barclays Investment Solutions as Client Money. As Barclays Investment Solutions is not a bank, it can’t hold Smart Investor customers’ uninvested cash as a deposit.
Client Money is placed by Barclays Investment Solutions with a panel of regulated and authorised banks it selects. Where the bank is authorised in the UK and eligible, deposits may be protected under the Deposit Protection Scheme, up to the applicable limit should one of those banks become insolvent (currently this is £85,000 for all cash held per depositor, per bank). The panel of banks is available here.
What about uninvested cash in my Investment ISA or Barclays SIPP?
Any uninvested cash you hold in your Investment ISA or Barclays SIPP is held by Barclays Investment Solutions as Client Money, you can now earn interest on cash you hold. Find out more about our interest rates.
Can I make transfers from my Investment Saver to my Investment Account?
Yes, you can transfer uninvested cash from your Investment Saver into your Investment Account. However, if there is not enough cash to cover an investment, a corporate action or fees, we will automatically move sufficient cash into your Investment Account.
If you’ve given us permission, we can also automatically move any uninvested cash from your Investment Account to your Investment Saver on a daily basis to give you the opportunity to earn interest.
How can I access my Investment Saver?
You can access your Investment Saver in the same way as you access your Investment Account, whether it’s online by logging in to My Hub, or over the phone.
Summary box
Account name
Investment Saver
What is the interest rate?
Rates effective from 6th May 2025
Interest is paid on the first day of each month, based on the cash held in your account the previous month. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
Barclays Investment Solutions Ltd holds all uninvested cash as “Client Money” with a selection of approved banks or other third parties. View details of the current panel
We may receive bank interest on Client Money held in Client Money Bank Accounts. This will be retained by us and not paid to you. However, we may pay you a contractual rate of interest on your Client Money at rates determined by us and set out on our website. The rate of contractual interest is subject to change (upwards and downwards) and in certain circumstances we may cease to be able to pay it. Click here to view current interest rates.
Can Barclays change the interest rate on my Investment Saver?
Yes, rates are variable.
We can increase or decrease the interest rates for any of the reasons set out in your Customer Agreement (which includes the ‘Smart Investor terms’ and your additional terms).
For more details on when we might change the interest rates and the notice we’ll give you, please read your Customer Agreement, including the additional terms. You can get this from your usual contact or read it online at barclays.co.uk/rca
What would the estimated balance be after 12 months based on a £1,000 deposit?
Rates effective from 6 May 2025
The estimated value is based on no change to the interest rate over 12 months and no deposits or withdrawals being made.
Please note the intention of the Investment Saver is to offer you the ability to earn interest on uninvested cash.
How do I open and manage my account?
Open and manage your account – in the Barclays app or in Online Banking
Eligibility criteria – you must open a Smart Investor General Investment Account, be 18 years old or over and a UK resident
Minimum balance – £0
Maximum balance – There is no maximum balance on this account.
Can I withdraw money?
Yes, you'll have instant access to your money so you can make withdrawals.
You can also transfer uninvested cash from your Investment Saver into your Smart Investor General Investment Account. If you’ve given us permission, we will also automatically move any uninvested cash from your Investment Account to your Investment Saver on a daily basis to give you the opportunity to earn interest.
In instances where there is not enough cash to cover an investment, a corporate action or fees, we will automatically move sufficient cash into your Investment Account from your Investment Saver.
Additional information
- Smart Investor is provided by Barclays Investment Solutions Limited (Barclays Investment Solutions). As Barclays Investment Solutions isn’t a bank, it can’t hold your uninvested cash as a deposit in the way Barclays Bank is able to and therefore cash balances won’t receive interest in line with current interest rates.
- You can access your Investment Saver in the same way as you access your Investment Account, whether it’s in the Barclays app or in Online Banking
- You can only have one Investment Saver at any given time.
- If you close your Smart Investor General Investment Account, your Investment Saver will also close as part of that process.
- Any uninvested cash held in your Investment Saver will earn interest, details of our current interest rates can be found here.
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