Pibank Savings

Editor reviewed

4.10% APY with zero minimums and no hoops, backed by a Miami FDIC charter

Rates verified September 28, 2026

High-Yield Savings

Open account

2.1(204 across the web)

Open account

Reviews onApp Store

204 reviews tracked

The Bottom Line

Updated Sep 7, 2026

Best for: Best for a saver who wants a top-tier, condition-free place to park cash, keeps the balance within the $250,000 FDIC limit, and does not need a debit card, ATM access, or branch or phone support.
APY: 4.1% (verified Sep 28, 2026). All rates and fees

Key facts

Min. deposit: None
Monthly fee: None
Insurance: FDIC insured

Pros

Highest no-minimum APY we verified against an issuer page in this catalog
Zero minimums and no monthly fee
No deposit habit or promo expiry on the live disclosure

Cons

Tiny brand and app-only support
Page title still indexes 4.40% while the body discloses 4.10%
Biometric verification can deny an application with no retry

At a glance

Rates verified September 28, 2026

APY: 4.1%
APY note: Official page body confirms 4.10% APY as of September 7, 2026 (disclosure dated July 2, 2026). HTML title still says 4.40%.
Minimum deposit: None
Monthly fee: None
FDIC: Via Intercredit Bank charter, $250k
Institution: Pibank (division of Intercredit Bank, N.A., Miami)
ATM access: No

How this rate compares

10.8x

the FDIC national savings average of 0.38% (August 17, 2026). On a $10,000 balance that is about $372 more in a year.

Moved up from 4.1% to 4.25%

We re-verify against the issuer's own page when we refresh this listing, and we stamp that date. We do not claim a daily check.

Date	Headline APY
August 9, 2026	4.1%
October 4, 2026	4.25%

APYs are variable and can change at any time. The FDIC national average is a floor for what an ordinary savings account pays, not a competitor. Named comparisons use each product's last issuer-page check.

Is it worth it?

$410 a year on a $10,000 balance

At 4.1% APY, $10,000 earns about $410 in the first year, versus roughly $38 at the 0.38% FDIC national average (August 17, 2026). That is about $372 more for moving the same money. APY is variable and shown as of the date above.

What Users Say About Pibank Savings

Pibank Savings posts 4.10% APY on its own page as of September 7, 2026, with a disclosure dated July 2, 2026: no minimum deposit, no balance caps, and no monthly fee, under FDIC coverage through Intercredit Bank, N.A. in Miami up to $250,000. The HTML title still says 4.40%; the disclosed rate in the body is 4.10%. The weakness is not the terms but the profile: a tiny brand with app-only support, no ATM, and no checking.

Highlights

4.10% APY confirmed on Pibank's own page body, no minimum deposit, no minimum balance to earn the rate
No monthly fee, with interest calculated daily and credited monthly on the 15th
FDIC insured up to $250,000 per depositor through the Intercredit Bank, N.A. charter in Miami
Highest no-minimum APY we verified against an issuer page in this catalog
Funds stay liquid, with no minimum balance to maintain the rate

Limitations

Tiny, largely unknown brand, so you are trusting a small operation
App-only support model with no ATM access and no checking account
HTML title still indexes 4.40% while the body discloses 4.10%
Variable APY the bank can change at its discretion; the 4.10% is not locked in
Biometric verification can deny an application with no retry

Editorial synthesis from industry coverage, product docs, and early user reports

Editorial policy

What is Pibank Savings?

Editorial review

Pibank is the no-hoops rate leader nobody has heard of: 4.10% APY with no minimums, no caps, and no activity requirements. The honest verdict: the official page now confirms the rate, but you are still trusting a small Miami charter and an app-only shop. Pibank's Savings page, fetched September 7, 2026, posts 4.10% APY with a disclosure dated July 2, 2026: no minimum balance, no fees, interest calculated daily and credited monthly on the 15th. FDIC insurance runs through the Intercredit Bank, N.A. charter in Miami to $250,000. The HTML title still says 4.40% APY, which looks like leftover SEO, not the disclosed rate. The catches: a tiny brand, app-only support, no ATM or checking, biometric ID verification that can deny an application without a retry, and a page title that still advertises a number the body does not.

LCLouis CorneloupUpdated Sep 7, 2026 · how we evaluateSourcepibank.com ↗

Ratings Across the Web

2.1(204 reviews)

App Store204 reviews

2.1/5

Ratings aggregated from independent review platforms. Learn more

Key details

4.10% APY confirmed on Pibank's own page (disclosure dated July 2, 2026)Zero minimums and no feesInterest calculated daily, credited monthly on the 15thFDIC via Intercredit Bank, N.A., MiamiApp-first experience

Reviews

2.1/5

Across 204 verified user reviews on App Store

Explore more

Best High-Yield Savings

Pibank Savings FAQ

What is the current APY on Pibank Savings?

4.10% APY, posted on Pibank's Savings page as of September 7, 2026, with a disclosure dated July 2, 2026. The page title still says 4.40%; the disclosed rate in the body is 4.10%.

Is Pibank Savings FDIC insured?

Yes, through the Intercredit Bank, N.A. charter in Miami, insured up to $250,000 per depositor.

What are the minimums and fees?

There is no minimum deposit, no minimum balance requirement, and no monthly fee.

Source: pibank.com

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