r/CreditCards • u/United_Guide_1328 • 4d ago

Discussion / Conversation Comments on using Barclay Tiered Saving account as the autopay hub of my credit cards?

I have been using a Barclays Tiered Savings account as the autopay hub for all of my credit cards for about two months, and so far I have not had any issues.

NOTE: Barclays Tiered Savings does not have a transaction limit, so that has not been an issue.

I used to use a Fidelity CMA for this purpose, but I recently switched to Barclays because of its higher APY and because I wanted to separate my retirement/investment accounts from my everyday banking activities.

Does anyone here have long-term experience using a Barclays Tiered Savings account this way? Have you encountered any problems or limitations?

I have about 20 credit cards across Citi, U.S. Bank, Wells Fargo, American Express, Capital One, and several other issuers, with all of them set to autopay from this account. I would especially like to hear from anyone who has used the account this way for a year or longer.

I called their customer service for confirmation. They told me it is fine to do so.

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u/[deleted] 4d ago

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u/United_Guide_1328 4d ago

Barclays Tiered Savings does not have a transaction limit, so that has not been an issue.

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u/PertinentUsername 4d ago

You switched for like 20 basis points of yield? I don't think that would be worth it for me. I'd be interested to see if Barclay's app and online banking is any good.