FinWise Bank Review 2023
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At a glance

CDs
Checking
Savings
MMA
About Bankrate Score
Overview
FinWise Bank is best for those who want to bank at a smaller institution that offers a top-notch checking account, and affordable savings accounts and certificates of deposit with reasonable rates.
Highlights
- Low Min Deposit

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 0/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
FinWise Bank is a Utah-based bank that offers affordable checking and savings accounts and CDs.
Pros
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FinWise offers competitive rates for a small regional bank.
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Offers access to more than 55,000 ATMs with no fee through the MoneyPass network.
Cons
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Customers cannot easily open an account with FinWise online.
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To report a lost or stolen bank card, customers must call the bank directly during banking hours.
FinWise Bank bank products
FinWise Bank savings overview
Pros
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There are no monthly service fees.
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No minimum balance is needed to open the account.
Cons
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Higher rates can be found elsewhere.

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank experience
Customers interested in opening an account with FinWise need to call or visit a branch in person. FinWise Bank has limited phone support, offering help only on weekdays.
After opening an account, however, customers enjoy a more user-friendly experience, according to customer reviews on Apple’s App Store and Google Play.
About FinWise Bank
FinWise Bank is a subsidiary of All West Bancorp. The Sandy, Utah-based bank offers checking, money market and savings accounts, as well as CDs.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.