Pibank Savings - FAQ's

The Pibank Savings is designed for saving: Its super-competitive rates and lack of fees makes it the ideal place for your money to grow. And, of course, it’s FDIC-insured.

.

Was this answer useful?

At Pibank, you only need the following:
  • You must be 18 years or older.
  • Have a valid Social Security Number.
  • Reside in the USA.
  • Have a valid driver’s license, state-issued ID or US issued passport (for US citizen).

Was this answer useful?

Opening your Pibank Savings is as easy as pie, you just need to follow these steps:
  1. Go to the "Become a Client" on the website ( you can do it in your mobile device or computer).
  2. You will be required to have a valid driver’s license, state-issued ID, or US issued passport on-hand and ensure you have good lighting conditions in order to scan the required documents.
  3. Download the Pibank App on your phone.
It’s that simple to start your Pibank Savings.

Was this answer useful?

The interests on your Pibank Savings are accrued on a daily basis. You’ll see the earnings reflected in your Pibank Savings on the first day after the closure of the statement cycle.

Was this answer useful?

We would hate to see you go, but if you decide to do so, you can close it through the Pibank App. Just keep in mind that your Pibank Savings should have zero balance ($0) before requesting closure. Once your request is approved, our team will close your Pibank Savings.

Was this answer useful?

Currently, you can only have one Pibank Savings, either single or joint.

Was this answer useful?

For the latest rate, visit our Savings page. Rates may change at any time without notice.

Was this answer useful?

You will enjoy:
  • No fees
  • No minimum balance
  • Personalized customer service
  • FDIC insurance of $250K per signer (e.g. $500K for two signers)

Was this answer useful?

Yes, for your security there is a daily transfer limit. If you wish to transfer more than the set limit, you will be able to request it through the Pibank App.

Was this answer useful?

Yes, Pibank is a 100% online, where you will be able to manage your financial needs through our Pibank App.

Was this answer useful?

Pibank Savings is exclusively for saving. With your Pibank Savings account, you can transfer money via wire transfers. Pibank does not charge fees for wire transfers, but your bank may charge fees for outgoing and incoming transfers. Please note that Pibank Savings does not support payments through Bill Pay or Zelle®.

Was this answer useful?