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Pibank (Intercredit Bank, N.A.)

Pibank (Intercredit Bank, N.A.) Pibank Savings

The current national rate leader, from a Miami bank going all-in on digital

8.5
Our Rating
APY
4.40% (as of June 2026, trimmed from 4.60% in April 2026)
Monthly Fee
$0
Minimum to Open
None
ATM Access
No ATM access; ACH transfers to your single linked external account

Insurance: FDIC insured up to $250,000 through Intercredit Bank, N.A.

Features

  • 4.40% flat APY — the top nationally available savings rate as of mid-2026
  • Held 4.60% for over a year (Feb 2025 to Apr 2026) before a modest 20bp cut
  • No minimums, no fees, no activity hurdles, no caps
  • Intercredit Bank is converting fully to the branchless Pibank model by late summer 2026
  • Deliberately simple app: one savings account, one linked external account
  • Backed by the international Pichincha banking group via Intercredit

Pros

  • +Highest headline rate in the country with zero gimmicks
  • +Rate-stability record is unusually good for a rate leader
  • +Real FDIC-chartered bank, not a fintech middleware layer

Cons

  • Bare-bones platform: one linked account, minimal support, few account options
  • Small bank mid-transformation to digital-only adds operational uncertainty
  • ACH-only liquidity with reported multi-day transfer times

Our Take

Pibank is what rate leadership looks like when a small bank decides deposits are its whole growth strategy: 4.40% flat, no asterisks. The platform is genuinely minimal — treat it as a vault, not a bank. Keep your operating cash elsewhere, stay under the FDIC cap, and enjoy the best clean rate in America while the digital transition plays out.

Best for: Pure rate maximizers comfortable with a minimalist single-purpose vault

Open at Pibank (Intercredit Bank, N.A.)

Last verified 2026-06-11

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