Pibank Savings
Editor reviewed4.10% APY with zero minimums and no hoops, backed by a Miami FDIC charter
Rates verified September 12, 2026Open accountThe Bottom Line
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%
Biggest pro
Highest no-minimum APY we verified against an issuer page in this catalog
Biggest con
Tiny brand and app-only support
At a glance
Rates verified September 12, 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
the FDIC national savings average of 0.38% (August 17, 2026). On a $10,000 balance that is about $372 more in a year.
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.
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 policyWhat is Pibank Savings?
Pros and cons
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
Ratings Across the Web
Ratings aggregated from independent review platforms. Learn more
Key details
Reviews
Across 204 verified user reviews on App Store
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Pibank Savings FAQ
What is the current APY on Pibank Savings?
Is Pibank Savings FDIC insured?
What are the minimums and fees?
Source: pibank.com