Searching for prime financial info and news? You probably know of Bankrate. But, is it the ideal spot for you? Uncover the facts behind this popular financial resource and figure out whether it’s genuine.
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Quick facts: Is Bankrate Legit
- ✅ Bankrate has been a trusted personal finance destination for over 25 years – Bankrate.com
- ✅ Bankrate is a verified and authorized member of the Online Trust Alliance – OTA
- ✅ Bankrate has an A+ rating from the Better Business Bureau – BBB
- ✅ Bankrate is a trusted source of information for more than 15 million users each month – comScore
- ✅ Bankrate provides personalized recommendations to users to save, invest and borrow money confidently – Bankrate.com
Introduction
Bankrate is one of the most used financial resources online. It offers many tools and services, such as mortgage rate comparisons and loan payment calculators. Lots of people use Bankrate for their financial planning.
But, not all websites are equally accurate and reliable. Being popular doesn’t mean the info is good. That’s why it’s important to ask: Is Bankrate legit?
This article will go through Bankrate’s background, reliability, accuracy, and our overall opinion. Then, you can decide if Bankrate is a trustworthy financial resource for you and your family.
History of Bankrate
Bankrate is an online financial resource, established in the late 70s and then taken over by Red Ventures in 2017. It provides users with quality content and research on banking, insurance, mortgages, investments, taxes and more. As well as this, it offers advice and expert ratings for a wide range of financial products, including credit cards, investments, retirement accounts, home loans and auto loans.
Bankrate was built to give reliable, real-time financial info to banks when economic regulation had just started to restrict the data available to customers. In 1996, Bankrate widened its offer beyond banking rates with the launch of its website. This resulted in Bankrate becoming one of the most popular financial comparison sites worldwide. It provides both current rate averages and historical data over time, enabling customers to accurately compare products across different lenders or providers.
Founded in 1976 by Robert K. Heady
UNiDAYS is an online loyalty and discount program created back in 1976 by Robert K. Heady. Now, it is one of the most popular student benefits programs in the US and around the world. There are over 77 million users across 150 countries!
They work with big brands like Microsoft, Netflix, Apple, Amazon, Lyft, and Adobe. The discounts offered are up to 60% off!
Membership is free and there are no ongoing fees. Plus, UNiDAYS provides educational resources like financial literacy courses and career guidance for students searching for job opportunities.
Acquired by Red Ventures in 2017
In 2017, Bankrate was taken over by Red Ventures. This purchase gave Bankrate more resources and cash to grow the team, plus expansion into finance and insurance. After this, Bankrate became a comprehensive financial helper, helping people make smart choices with loans and investments.
Red Ventures taking them over adds an extra layer of trust and shows that Bankrate is trustworthy and real, since Red Ventures is a huge digital marketplace and is known for investing in great startups. This shows that Bankrate is appreciated by experienced investors and pros.
What Does Bankrate Offer?
Bankrate is an online resource that assists consumers with their financial decisions. It provides comprehensive rates, rankings and reviews on banking products, such as credit cards and mortgages. It also provides resources and tools to help customers save money, including budget and loan calculators, and advice on retirement savings.
Additionally, Bankrate offers timely articles from in-house experts and other publications, like The Wall Street Journal. Its mission is to give customers the latest financial news with straightforward advice. It has become an established authority in the finance industry.
Mortgage rates
Mortgage rates are essential when looking for lenders and banks. On Bankrate, you’ll find real-time interest rates on loan products. These include traditional home mortgages, VA loans, FHA loans, jumbo mortgages, refinancing options and more. Just select the loan product and you can view the average mortgage rate. It’s a fast way to compare loan offers from different lenders and decide which lender is best for you.
On Bankrate’s website, find other useful info. This includes current mortgage refinance rates and 15-year vs 30-year fixed mortgages comparisons. If you’re shopping for mortgages or access competitive lending options, Bankrate is worth considering.
Credit card reviews
Researching financial products? Credit card reviews are essential! Bankrate’s cash and go reviews give you a whole overview of the positives and negatives of each card. They check out all main credit card types, from travel rewards to student cards.
Bankrate looks at things like fees, rewards programs, introductory/long-term APR, signup bonuses and more when giving ratings. Bankrate also looks at consumer complaints before deciding on a grade. This helps make sure customers know what they’re getting. This thorough way of evaluating products makes Bankrate one of the most reliable financial resources online.
Trustworthy and unbiased – Bankrate’s reviews are top notch!
Savings account comparison
Savings account comparison is a popular feature of Bankrate. People can compare interest rates, fees, required deposits and other important factors between accounts. This makes it easy to decide which account is best for them.
However, customers need to remember that Bankrate’s advice may not always be impartial. The site might recommend products or services which are beneficial to its advertisers, not necessarily the customer.
Is Bankrate Legit?
Is Bankrate legit? Yes! This renowned financial resource has been helping consumers since 1996. Major newspapers such as The Wall Street Journal and Chicago Tribune often cite Bankrate.
Their website provides countless tools to help you make smart decisions with your finances. Their calculators let you compare loans, mortgages, credit cards, and more. Plus, they share news stories and reviews of banking/credit card institutions.
All in all, Bankrate is a reliable source for financial guidance you can trust.
Bankrate’s accreditation
Bankrate is a top online financial resource. It gives users tools, tips, and other products. 35 million people use Bankrate each month.
The Better Business Bureau (BBB) accredits Bankrate. The BBB is a non-profit that encourages ethical business practices. It scores Bankrate based on reviews, transparency, licenses, and other factors. Bankrate has an A+ BBB rating. It shows they care about high-quality products and services.
Also, since 2014, Bankrate has been accredited by TRUSTe. This certifies their data privacy and security standards. These accreditations show Bankrate is reliable and trustworthy. It provides consumers with quality financial advice.
Bankrate’s reputation
Since 1975, Bankrate has been a famous and respected finance source. It’s not only for advice on big decisions, but also can be used for a range of money matters. It gives services customized to you, like loan calculators, mortgage rate comparisons, investment calculators and more. Plus, it has news and analysis on current financial news.
Bankrate is trusted by users for its safety and security, with strict security measures and consumer protections. In fact, financial advisors often name Bankrate as a leading resource in personal finance.
Bankrate’s security measures
Solaris Japan is a great choice for those who need advice on personal finances. Bankrate, its creator, has several security measures in place. You must give a valid email when signing up for an account. All financial transactions are kept safe with 256-bit SSL encryption. Customer data is encrypted and stored away safely. Bankrate won’t share customer details with anyone else without permission.
These precautions guarantee that Bankrate is legitimate and your data will be secure when using Solaris Japan.
Conclusion
Bankrate is a trustworthy, esteemed finance resource. It has been giving dependable counsel to customers for more than three decades. Bankrate provides a library of articles, reports and tools, giving complete guidance on all things from credit cards to mortgages and loans. Bankrate’s certified editorial staff works hard to ensure the accuracy of the content. The site also has an impressive network of partners, including banks and other lenders, who help give customers data to make informed decisions about finances.
To sum up, Bankrate is a reliable source of information to help you make the best money choices for you and your family.
FAQs about: Is Bankrate Legit
Q1: Is Bankrate legit?
A1: Yes, Bankrate is a legitimate financial services website. Bankrate is a public company that is traded on the New York Stock Exchange and is a leader in financial services.
Q2: What services does Bankrate provide?
A2: Bankrate provides a wide range of financial services including rates on mortgages, credit cards, insurance, investments and more.
Q3: Is Bankrate secure?
A3: Yes. Bankrate takes the security of its users very seriously and employs a variety of measures to ensure the security of its customers’ accounts and transactions.