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Pibank Savings

Editor reviewed

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

Rates verified July 23, 2026
High-Yield Savings
Open account
Tracked since2026
0 reviews tracked
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The Bottom Line

APY

4.1%

Biggest pro

Leader-tier rate with no hoops at all

Biggest con

Tiny brand

At a glance

Rates verified July 23, 2026
APY
4.1%
APY note
pibank.com page title indexes at 4.40% APY but the site was unreachable during verification; 4.10% is the tracker consensus
Minimum deposit
None
Monthly fee
None
FDIC
Via Intercredit Bank charter, $250k
Institution
Pibank (division of Intercredit Bank, N.A., Miami)
ATM access
No

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. That is about $372 more for moving the same money. APY is variable and shown as of the date above.

What is Pibank Savings?

Editorial review
Pibank is the no-hoops rate leader nobody has heard of: leader-tier APY with no minimums, no caps, and no activity requirements at all. The honest verdict: the rate and structure are excellent, but the tiny brand and app-only support model mean you are trusting a small operation. The account pays 4.10% APY per trackers as of July 3, 2026 (Motley Fool, Firstcard, DepositAccounts), with no minimum deposit, no minimum balance for the rate, and no monthly fee. Interest is paid monthly. FDIC insurance runs through the Intercredit Bank, N.A. charter in Miami to $250,000. Pibank has held a top-3 rate consistently since its October 2024 US launch. Note: pibank.com's indexed page title shows 4.40% APY, but the site was unreachable during verification, so 4.10% is the conservative consensus figure. The catches: a tiny brand, app-only support, no ATM or checking, and an unresolved 4.10 vs 4.40 rate discrepancy.
how we evaluateSourcepibank.com ↗

Pros & Cons

Pros

  • Leader-tier rate with no hoops at all
  • Zero minimums and no monthly fee
  • Consistently top-3 rate since its October 2024 US launch

Cons

  • Tiny brand
  • App-only support model
  • Unresolved 4.10 vs 4.40 rate discrepancy

Key details

4.10% APY with no hoopsZero minimumsInterest paid monthlyConsistently top-3 since October 2024 US launchApp-first experience

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Pibank Savings FAQ

What is the current APY on Pibank Savings?

4.10% APY per trackers as of July 3, 2026 (Motley Fool, Firstcard, DepositAccounts). Pibank's own indexed page title shows 4.40%, but the site was unreachable during verification, so 4.10% is the conservative figure until confirmed.

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