4.40%
Pibank APY today
▲ 0.15 vs last check
Checked October 21, 2026
Key stats
| APY | 4.40% (variable) |
| Minimum to open | $0 |
| Minimum to earn APY | $0.01 |
| Monthly fee | $0 — no fees |
| FDIC insured | Yes |
| Compounding | Calculated daily, paid monthly |
What your money earns
$10,000 for one year at 4.40% APY would earn about $440. This is an estimate — rates are variable and can change at any time.
Pros
- No monthly fees — every fee on the bank’s schedule is $0.00
- $0 minimum to open the account
- FDIC insured (Member FDIC)
Cons
- Variable rate — the APY can change at any time without notice
- Initial deposit can only be made by PLAID transfer or wire
- Close the account before interest is credited and you forfeit the accrued interest
How to open an account
- Click “Become a client” on pibank.com and complete the short application.
- Fund the account with a PLAID transfer or a wire.
- Start earning — interest is calculated daily and paid monthly.
Frequently asked questions
Is Pibank FDIC insured?
Yes. Pibank, N.A. is a Member FDIC, so deposits are FDIC insured.
Is the APY fixed or variable?
Variable. Pibank’s APY is subject to change at any time without notice, so confirm the current rate on pibank.com before opening an account.