Pibank Savings

Rated on published terms

4.40% APY with no minimum balance and no fees (as of 10/21/2026), from Pibank, a brand of Intercredit Bank, N.A.

Rates verified October 27, 2026

High-Yield Savings

Open account

The Bottom Line

Figures read Oct 27, 2026

Best for: A saver who wants a savings account with no minimum balance and no fees, keeps the balance within the $250,000 FDIC limit, and does not need a debit card, ATM access or checking.
APY: 4.40% (verified Oct 27, 2026). All rates and fees

Key facts

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

Pros

4.40% APY with no minimum balance to open or maintain it (Pibank offer valid as of 10/21/2026)
No fees related to the account
Interest is calculated daily and credited monthly on the 15th

Cons

No ATM access and no checking account
Variable rate that can change at any time without notice
Identity verification includes a biometric match, and Pibank's FAQ says a denied application is not reactivated

At a glance

Rates verified October 27, 2026

The provider's own page dates these rates October 21, 2026; we read the page on the date above.

APY: 4.40%
APY note: Pibank's page, read on October 27, 2026, states 4.40% APY with the offer valid as of 10/21/2026. Variable, can change at any time without notice. No minimum balance to open or maintain the APY, and no fees related to the account.
Minimum deposit: None
Monthly fee: None
FDIC: Via Intercredit Bank charter, $250k
Institution: Pibank (division of Intercredit Bank, N.A., Miami)
ATM access: No

Source: pibank.com/pibank-savings, read October 27, 2026

Pibank Savings fees

Fee document read October 27, 2026

Monthly maintenance fee: No feebank document
Paper statements: Not disclosed in the fee documentbank document
Inactivity or dormancy: No feebank document
Outgoing domestic wire: No feeno fee (Pibank charges no wire fee; receiving or sending bank may charge its own)bank document
Outgoing international wire: No feeno fee (Pibank charges no wire fee; receiving or sending bank may charge its own)bank document
Excessive withdrawals (savings): No feebank document
Closing the account early: Not disclosed in the fee documentbank document
Stop payment: No feebank document
Out-of-network ATM (the bank's own fee): Not disclosed in the fee documentbank document

Read in the bank's own fee documents. “Not disclosed” means the document does not mention the fee, which is not the same as free. See how this account compares in the bank fee dataset.

How this rate compares

11.6x

the FDIC national savings average of 0.38% (October 19, 2026). On a $10,000 balance that is about $402 more in a year.

Moved up from 4.10% to 4.40%

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.

Aug 2026: 4.10%Now 4.40%

APY is up: 0.30 points higher than in August 2026.

Pibank Savings: headline APY, one point per month (the last reading that month on the bank's own page), since August 2026. No point is estimated between readings.

Pibank Savings: headline APY on each date it was confirmed to have changed
Date	Headline APY
August 9, 2026	4.10%
October 4, 2026	4.25%
October 22, 2026	4.40%

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?

$440 a year on a $10,000 balance

At 4.40% APY, $10,000 earns about $440 in the first year, versus roughly $38 at the 0.38% FDIC national average (October 19, 2026). That is about $402 more for moving the same money. APY is variable and shown as of the date above.

Pibank Savings: summary of published terms

Pibank Savings states 4.40% APY on its own page, with the offer valid as of 10/21/2026 (read October 27, 2026): no minimum balance and no fees, under FDIC coverage through Intercredit Bank, N.A. in Miami up to $250,000. The weaknesses are the profile of the account: no ATM, no checking, a variable rate, and a biometric ID check that can deny an application.

Highlights

4.40% APY stated on Pibank's own page, no minimum balance to open or maintain the APY
No fees related to the account, with interest calculated daily and credited monthly on the 15th
FDIC insured up to $250,000 per ownership category through the Intercredit Bank, N.A. charter in Miami

Limitations

No ATM access and no checking account
Variable APY that Pibank can change at any time without notice
Biometric verification can deny an application, and Pibank does not reactivate a denied application

Automated summary of the provider's published terms. Not a collection of user reviews.

Editorial policy

What is Pibank Savings?

Sources read on the date shown

Pibank Savings is the online savings account from Pibank, a brand of Intercredit Bank, N.A. in Miami: 4.40% APY with no minimum balance to open or maintain the APY and no fees related to the account. The honest verdict: the terms are simple, but there is no ATM access or checking, and the identity check can end in a denial. Pibank's Savings page, read on October 27, 2026, states 4.40% APY, with the offer valid as of 10/21/2026: no minimum balance, no fees, interest calculated daily and credited monthly on the 15th. The rate is variable and can change at any time without notice. FDIC insurance runs through the Intercredit Bank, N.A. charter in Miami to $250,000 per ownership category. The catches: no ATM or checking, a variable rate, and biometric ID verification that can deny an application, with Pibank's FAQ saying it does not reactivate the application after a denial.

LCLouis CorneloupFigures read Oct 27, 2026 · how we evaluate

Sourcepibank.com ↗

Key details

4.40% APY on Pibank's own page, offer valid as of 10/21/2026No minimum balance and no feesInterest calculated daily, credited monthly on the 15thFDIC via Intercredit Bank, N.A., MiamiAccount opening includes identity verification with a biometric match

Recent changes to these figures

What changed when we last re-read the Pibank Savings page, with the date.

Oct 27, 2026Fee schedule stored from the bank's own fee documents read 2026-10-27 (10 of 10 fees read, 2 documents)
Oct 27, 2026Page text aligned with the refreshed APY (4.40%, offer valid as of 10/21/2026, page read October 27, 2026)
Oct 27, 2026APY 4.25% to 4.40% (Pibank's page, offer valid as of 10/21/2026)
Oct 14, 2026APY 4.10% to 4.25%, offer valid as of 09/29/2026 on the provider's page, read October 14, 2026.

Reviews

2.1/5

Across 204 verified user reviews on App Store

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Best High-Yield Savings

Pibank Savings FAQ

What is the current APY on Pibank Savings?

4.40% APY, stated on Pibank's Savings page with the offer valid as of 10/21/2026; we read the page on October 27, 2026. The rate is variable and can change at any time without notice.

Is Pibank Savings FDIC insured?

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

What are the minimums and fees?

There is no minimum balance to open or maintain the 4.40% APY, and no fees related to the account.

Source: pibank.com

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