Pros
14-day maturity grace period: After the CD term ends you get 14 calendar days to add or withdraw funds penalty-free
Zero-dollar opening deposit: You can start a Barclays CD with any amount—even $1
Daily compounding: Interest is calculated every single day, so earnings grow a bit faster than CDs that credit monthly
Cons
Must fund within 14 days of account opening: If the CD isn’t fully funded within two weeks, Barclays may close it
Online-only service: Barclays has no branch network