What Is BanksYouPick and Who Is Behind It?
What does BanksYouPick do?
BanksYouPick is an independent comparison platform that helps Americans find the best high-yield savings accounts, checking accounts, and certificates of deposit (CDs). BanksYouPick tracks published APYs, monthly fees, minimum deposit requirements, compound interest frequency, FDIC insurance status, and FDIC certificate numbers across 50+ U.S. banks and credit unions. All data is verified directly from each issuing bank's product page. BanksYouPick updates rates weekly and publishes original research including the quarterly BanksYouPick Savings Rate Trends Report.
Who reviews the data on BanksYouPick?
BanksYouPick is compiled and maintained by BanksYouPick Editorial. BanksYouPick is compiled and maintained by an independent editor. Every rate published here carries a link to the source it was taken from and the date it was checked. We hold no financial licence and publish general information only, not advice.
Every rate on this site names the published source it was taken from and the date it was checked, both shown next to the figure. FDIC certificate numbers are verified automatically against the FDIC’s own BankFind register, and each bank’s public rate page is re-checked daily; when a page disagrees with what is published here, the figure is reviewed by hand before it changes. Rates that have not yet been confirmed against the bank’s own page are marked as such in the table rather than presented as verified.
How does BanksYouPick make money?
BanksYouPick is completely free for consumers. BanksYouPick earns referral fees from some partner banks when a user opens an account through a link. This compensation model allows BanksYouPick to operate without charging users, selling personal data, or requiring subscriptions. Referral partnerships never influence editorial rankings — accounts are ranked solely on APY, fees, minimums, FDIC status, and account terms. Non-partner banks with superior rates are listed and ranked fairly. See the full BanksYouPick editorial policy and advertiser disclosure.
When was BanksYouPick founded?
BanksYouPick was founded in 2024 with a mission to give American savers a transparent, data-driven tool for comparing bank accounts. As of August 24, 2026, BanksYouPick tracks 9 FDIC-insured institutions. That is a deliberately small panel and a smaller one than the large rate surveys run, so nothing here is described as the best rate available anywhere — only the best within what is tracked.