Is Bankrate Legit? Uncovering the Truth Behind the Popular Financial Resource

Think of using Bankrate for money matters? Read ahead for the facts about this common financial tool. Is its info dependable or should you search somewhere else? Find out now!

Quick facts: Is Bankrate Legit

  • ✅ Bankrate has been in business for 30+ years, having been founded in 1976 – Bankrate
  • ✅ Bankrate received an ‘A+’ rating from the Better Business Bureau in 2020 – Better Business Bureau
  • ✅ Bankrate has served over 40 million users in 2020 – Bankrate
  • ✅ Bankrate is consistently ranked as one of the best and most popular personal finance websites – Forbes
  • ✅ Bankrate has an A+ Better Business Bureau rating, and has had over 1,000 consumer complaints in the past three years – Consumer Affairs


Is Bankrate Legit? That’s the question. Bankrate is a financial resource, with tools, guides and news to help people make informed decisions. But, is it reliable? Let’s find out!

We’ll explore its history, mission statement, services, customer reviews and more. Bankrate is popular in the world of digital banking and personal finance. So, is it legit? Let’s uncover the truth!

What is Bankrate?

Bankrate is a financial services firm based in NYC. It was founded in 1976 and provides customers with info on personal finance, investing and insurance. You can access their website via browser search engines or directly through the URL.

Compare interest rates on mortgages, auto loans, investment accounts, credit cards, banking accounts, and more. Get advice and opportunity scenarios to help you make smart financial decisions. Bankrate has a team of experts who constantly check the accuracy and currency of data. They also offer financial calculators for goal setting and money planning.

In 1995, their consumer division published books on personal finance topics.

Overview of Bankrate

Bankrate is a popular financial platform, providing products and services such as credit cards, insurance, investments, mortgages and more. It allows users to compare different offers from multiple lenders in order to get the best rate.

The website also offers helpful advice related to finances and money management. It curates content from trusted contributors who are experts in banking, personal finance, credit cards, investing and more.

It also has an intuitive search engine which helps users quickly find relevant information. The user-friendly interface allows for easy access to its resources. Moreover, all content is regularly updated, so readers have up-to-date information about their finances. Finally, Bankrate offers free consultation services for personalized advice.

Services Offered

Bankrate is an online financial resource. It offers the latest info and free financial intelligence. Users can get advice on banking, credit cards, mortgages, investments, insurance and retirement.

There are articles, calculators and tools on its site and blog. Also, services like mortgage refinancing, car loan refinancing, mortgages and more. Plus, tools to make better financial decisions.

Bankrate is well known for its customer service team. They help customers with any questions or issues. All these features make Bankrate a great source for reliable financial information. Helping anyone manage their finances.

Is Bankrate Legit?

Is Bankrate Legit? A fair question. Bankrate is an online financial resource claiming to provide info on credit cards, banking, insurance and mortgages. They also offer tools to compare financial products. To assess the legitimacy of this resource, we must examine how it operates.

Bankrate has been around since 1976 and has withstood economic recessions. Additionally, they have won awards for their reliable services. Consumer protection guidelines are in place to guarantee accuracy and up-to-date data/advice. The Better Business Bureau (BBB) has accredited Bankrate, which verifies their commitment to customer satisfaction. Plus, Bankrate is partnered with many financial institutions providing access to accurate info about loan products. This has enabled Bankrate to remain a trusted source of financial information for over four decades.

Reputation & Reviews

Bankrate has a great rep! Most customers think the online tools and resources are top-notch. The Better Business Bureau has given it an A+ rating – that means customers are happy with the service.

Payments are made easy and safe with credit card, PayPal, and ACH bank transfers. Plus, all personal info is kept private. Lastly, Bankrate offers a Money Back Guarantee – if customers aren’t satisfied, they can get a refund!

Security & Privacy

Security and privacy are top priority for Bankrate. It’s a very popular financial resource on the web, so it needs to keep your data safe. Bankrate follows all federal privacy rules and never sells user data. Your data is encrypted, backed up, and securely stored by Amazon. Bankrate also has multiple layers of encryption to protect your financial info. Only authorized personnel can access it, and only for verifying accounts or legal reasons. Consumers can opt out of receiving direct mail or email offers from partners without their permission.

Pros and Cons of Bankrate

Security and Payment-Is Bankrate Legit? Uncovering the Truth Behind the Popular Financial Resource

Bankrate is a popular financial resource. It gives people tools to compare and analyze loan features. There are pros and cons to using it.

Pros include: a lot of products, competitive pricing, detailed research, and impartial advice. Consumers can get up-to-date info about loans, cards, savings accounts, mortgages etc. Bankrate explains fees so customers can make informed decisions.

Cons include: few customer service options, doesn’t track rates on all products. Some users must call their lender for more details or discounts not found on the website. It’s unclear how much of the fees goes to advertising or marketing versus product costs.

Bankrate is helpful for researching financial products, but users must be aware of its limits when making decisions.


Bankrate is a very famous and reliable money source. It has been around since 1976 and gives great financial advice. It has helpful tools such as loan, investment and savings calculators. Plus, it has a huge library of articles on banking, investing, debt consolidation and more.

Bankrate has a customer service department and it’s free. The only cost is from third-party providers or banks you use. It’s also accredited by the Better Business Bureau (BBB). This shows Bankrate is a trusted provider of financial help.


Naked Wines has a major downside: no face-to-face contact with the winemaker. Other options, like working with a winemaker or joining a wine club, let you ask questions and talk about winemaking. Plus, Naked Wines doesn’t have customer service. You have to email and may not get a response for days.

The selection is also more limited than other options. Plus, there’s no guarantee for the products you buy. You can only see reviews from other customers. And, if you have any issues or need to change delivery details, it can be hard to track your order.


Bankrate is a trusted source if you want unbiased info on finances. If you’re thinking of getting a loan, investing, or sorting out debt, Bankrate has the details. Plus, their team of expert editors have checked out loads of financial products – so you can trust their advice.

Do your research when looking at loans, savings, or credit cards – Bankrate can help you make smart money decisions.

FAQs about: Is Bankrate Legit

Q. Is Bankrate Legit?

A. Yes, Bankrate is a legitimate financial services company that offers financial advice and products for consumers. Bankrate is a trusted source for financial advice, offering unbiased, independent advice on a variety of personal finance topics.

Q. What services does Bankrate offer?

A. Bankrate offers a number of services, including credit cards, mortgages, auto loans, personal loans, banking, insurance, investments and retirement planning. Bankrate also provides tools and resources to help consumers make informed financial decisions.

Q. Is Bankrate secure?

A. Yes, Bankrate is a secure website. Bankrate uses the latest encryption technology to keep user information safe and secure. All personal information is protected with the highest level of security.