Worried ’bout Bankrate’s legitimacy? Don’t fret! Here, you’ll get all the answers. Find out if Bankrate is the right service provider for you. This article’ll help you make an informed decision.
- 1 Overview
- 2 Is Bankrate Legit?
- 3 Bankrate’s Security
- 4 Bankrate’s Fees
- 5 Alternatives to Bankrate
- 6 FAQs about: Is Bankrate Legit
Quick facts: Is Bankrate Legit
- ✅ Bankrate is one of the most trusted financial networks, with over 10 million visitors each month – Source: Bankrate
- ✅ Bankrate was founded in 1976 and has been providing trustworthy advice ever since – Source: Bankrate
- ✅ According to a recent survey, Bankrate customers trust the platform more than any other financial advice site – Source: Gartner
- ✅ Bankrate is a member of the Better Business Bureau and has an A+ rating – Source: BBB
- ✅ Bankrate has been featured in major media outlets including The Wall Street Journal, CNBC and The New York Times – Source: Bankrate
Bankrate is a financial tech and media platform. It helps users compare lenders, financial products, and advisors. It has been around since 1976. People trust it for finding the best loan, credit card, interest rate, savings account, and other financial products.
Bankrate also provides up-to-date info on industry trends and legislative changes. Plus, it gives advice from pro financial advisors. Bankrate is known for its unbiased reviews and ratings. It researches customer reviews from across the web. Its features, tools, and ratings from experts make it one of the most trusted resources for consumers when it comes to money decisions.
What is Bankrate?
Bankrate is a top-notch financial site. It offers users the latest rates on mortgages, credit cards, loans, savings accounts, and other finances. It’s one of the most beloved personal finance websites in the US. The Wall Street Journal and CNBC have featured Bankrate. Plus, it provides free tools like a retirement calculator and debt payoff calculator. These help users make wiser economic decisions.
Bankrate is a bona fide source of facts about financial products. Skycheats also has reviews from pros so visitors can make smarter financial choices.
What services does Bankrate offer?
Bankrate was created in 2020. It is an online financial service provider located in Berlin, Germany. It has expertise in providing banking, insurance, investing and credit card services to customers globally. Its focus is to help customers manage their finances and find what is best for them.
Bankrate provides many services such as checking and savings accounts, mortgages and loans, investments, credit cards with rewards plans and more. Plus, it allows people to compare banking services to suit their requirements. All products have customer support resources to give users the most recent info about what they are looking for.
Is Bankrate Legit?
Do you wonder if Bankrate is legit? Many search for dependable financial advice and ask this question. Bankrate is a website that compares financial services and products. It began in 1976 by Mortage Professor Robert Heady.
The platform permits consumers to compare fees and rates from various lenders. This covers personal finance, banking, mortgages, investments, loans and more. The business has an immense database with banking products and services.
Bankrate does checks to guarantee all companies on its page are accredited by the Better Business Bureau (BBB) or another trusted regulatory institution. It also makes sure any websites it works with meet high safety and privacy standards.
Bankrate’s credentials and certifications
Bankrate is a dependable online source for finance advice, exploration, and comparisons. To make sure our customers belief our data accuracy, Bankrate has certifications from renowned organizations globally. These include the Financial Industry Regulatory Authority (FINRA) and other regulatory bodies from different countries.
We are an initial member of the Better Business Bureau (BBB), a prevalent accrediting body for businesses. Our certification from BBB means we stick to their stringent standards for customer protection and customer service excellence in everything we do.
Moreover, Bankrate is linked with the US Consumer Financial Protection Bureau (CFPB). This affiliation means we stick to ethical standards and try to give guidance that can help customers make decisions that best fit their financial requirements.
Bankrate’s customer reviews
Customers of Bankrate are typically content. This shows that Bankrate is legitimate and helpful for various services. Some customers have doubts about the correctness of their data, yet customer service is generally praised. The support staff answers fast and solves any issues.
Moreover, many clients have mentioned how simple it is to use Bankrate’s website and mobile apps for comparing rates, calculating payments, etc.
In conclusion, customers appear to be happy with Bankrate’s services – a sign that Bankrate is a bona fide financial service provider.
Bankrate is a reliable website. They offer information about finances, costs, analysis, and comparisons for a variety of products across the country. Safety and security are their top priorities. They use the latest technology to protect customers’ data and keep it private.
To access accounts, Bankrate has set up secure measures. All customer data is encrypted with SSL technology to stop any data transferred online from being exposed or intercepted. Bankrate also uses other security measures like multi-factor authentication, anti-malware software, monitoring systems, regular updates, and continuous testing.
For further protection, they offer identity theft protection services such as a two-way identity theft alert system and credit monitoring services.
Bankrate’s security measures
Bankrate is a legit biz that provides financial services to consumers. To ensure user safety, Bankrate has implemented security measures. Bankrate scans for malware regularly and uses SSL encryption. Also, the company has strict employee access policies to make sure no unauthorized people view or change customer info. Plus, the fraud detection team monitors activity to spot malicious intent or suspicious activity on the website.
Put simply, Bankrate puts customers first and prioritizes security and privacy.
Bankrate takes your private info seriously. We don’t sell or rent it to 3rd-party companies or organizations. We secure it with SSL tech. This creates an encrypted link between you and our servers. No one else can intercept what you send us.
When you use Bankrate for financial services, understand which fees are included. Bankrate often offers their services free. But, some products or services may have extra fees.
For example, when you apply for a loan via Bankrate, and you are approved, you may be charged an origination fee. This fee is set by the lender and will be added to the loan amount. So, make sure you know how much you could be charged before you accept the loan.
Term life insurance and life settlement policies don’t have fees. But, long-term care insurance policies may have additional fees, like policy charges and riders. These can add more to the cost of your coverage. So, carefully read all the documents before signing up for an insurance policy from Bankrate.
Bankrate’s fees and charges
When researching bank accounts and other financial services, it is important to understand the fees and charges. Bankrate’s fees differ depending on the service you access. Generally, they include:
- Account fees
- Withdrawal fees
- Transfer fees
- Exchange rate charges
In addition, Bankrate may charge extra transaction or setup costs. If you are using their online banking services, you’ll find a separate set of fees on their website. Fees vary depending on the account type, so always check with your bank. Understanding Bankrate’s fees helps you decide on the right financial partner for your needs.
Bankrate’s customer service fees
Bankrate’s customer service fees depend on the services required and the amount. For example, those who need basic customer service will pay an annual fee of $9.95 plus a monthly fee of $10. Those needing more help with their accounts will be charged based on the type and frequency of assistance.
Bankrate also has an online chat option and phone support from 8:00am to 10:00PM EST Monday to Friday. 24/7 customer support is available by email and live chat. Plus, Bankrate has a 30-day money-back guarantee if you’re not happy with your purchase.
Alternatives to Bankrate
Bankrate is a site that aids customers find the greatest financial products and services. But, many are worried about the validity of Bankrate’s claims.
Fortunately, there are other options to Bankrate that offer alike services with fair reviews and useful comparisons between products. Examples include Nerdwallet, CreditKarma, MyMoney.gov, Mint, MoneyRates and WalletHub.
- Each of these sites give info on different financial services from banks to credit cards to loans and investments.
- They have thorough product reviews from a variety of sources and even have comparison tools for customers to make wise choices about their finances.
- Most significantly, they all guarantee honest reporting so customers can be certain they will get exact info when searching for guidance regarding bank rates or other financial matters.
Comparing Bankrate to other financial services
When comparing Bankrate to other financial services, there are some points to consider:
- Shipping and delivery: Bankrate has free shipping and delivery on purchases over $100. Plus, they have an expedited option and a same-day delivery service (for an extra fee).
- Returns: With their ‘no hassle’ policy, customers can return products within 30 days. If the fault is Bankrate’s, they’ll work to resolve the issue quickly.
- Customer service: Bankrate has multiple phone numbers and emails customers can use. Plus, they have an online help center with FAQs and tutorials about banking and financial services.
Pros and cons of other services
Assessing other services? Think security and privacy. Some are safer than others, some collect more data.
- Two-factor authentication gives extra protection to accounts.
- Encryption secures data from third parties.
- Some third-party services monetize customer data.
- Limits on how much data you can store or transfer.
Think security and privacy when picking a service. Bankrate is legit, secure and uses encryption to safeguard personal info.
FAQs about: Is Bankrate Legit
Q1: Is Bankrate Legit?
A1: Yes, Bankrate is a legitimate financial services company.
Q2: What services does Bankrate offer?
A2: Bankrate offers a variety of services, including online loan applications, credit card comparison tools, and savings accounts.
Q3: Is Bankrate FDIC insured?
A3: Yes, Bankrate is FDIC insured.