Frequently asked questions

PickYourBank is a free, independent comparison platform that helps Americans find the best high-yield savings, checking, and business banking accounts. We rank offers using transparent editorial criteria — APY, fees, bonuses, deposit minimums, and customer experience.

Yes — 100% free for consumers. We never charge you, and you don't need an account to compare offers. We're supported by advertising partnerships with banks, but our rankings are editorially independent.

Our editorial team reviews 18M+ data points across 200+ FDIC- and NCUA-insured institutions. We weigh APY, fees, bonus value, minimum deposits, app quality, and customer service to surface the offers most likely to put real dollars in your pocket.

Every bank on PickYourBank is FDIC- or NCUA-insured up to $250,000 per depositor, per institution. That means your money is backed by the U.S. government even in the unlikely event of a bank failure.

When you click through and open an account, partner banks may pay us a referral fee. This never affects your APY, bonus, or fees — and it never influences our editorial ratings.

Rates are reviewed daily and refreshed whenever a partner bank changes their published APY or bonus offer. The 'updated' date in the page header reflects our most recent verification.