At a glance

4.3

Bankrate Score

CDs

Checking

Savings

MMA

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

Overview

First Internet Bank of Indiana is best for consumers who are comfortable completely banking online and those looking for a variety of different accounts. The bank offers two checking accounts, a money market account, a savings account and eight CD terms.

Highlights

ATM Fee Refunds
Free Checking

Overall

First Internet Bank of Indiana has been around since 1998. It is an online bank that serves all 50 states. Depending on the type of account, you can find competitive yields at this bank.

Pros

Monthly fees on most accounts are either nonexistent or easy to waive.
Some accounts will reimburse ATM fees up to a limit.
The bank’s money market account and CDs pay competitive APYs.

Cons

The money market account requires a $4,000 balance to avoid fees.
The free checking account doesn’t reimburse ATM fees.

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First Internet Bank of Indiana banking products

3.5

/5

See methodology Compare savings rates

SCORE BREAKDOWN

APY offering:

0.81%

2/5

APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest.

Minimum balance for APY:

$25.00

5/5

The lowest deposit amount an account must have before it can earn interest.

Monthly service fee:

$0.00

5/5

A monthly charge a financial institution deducts from an account if certain requirements are not met.

Minimum balance to avoid fee:

$0.00

5/5

The lowest balance an account must maintain in order to avoid a fee.

Access to funds:

Great

5/5

A procedure that allows an individual or organization to access and manage the funds of another account holder.

FEATURES

0.81% APY

APY last updated between 12/15 and 12/21.

$25 minimum balance for APY

$25 minimum deposit to open

First Internet Bank of Indiana savings overview

First Internet Bank of Indiana offers an account called Free Savings. This savings account requires only $25 to open and earn interest, and there’s no monthly maintenance fee. The APY is low; you can easily find much higher rates by shopping around.

Free Savings account holders also get reimbursed for up to $10 of ATM fees each statement cycle.

Pros

The savings account doesn’t charge fees.
The minimum required to open the account is very low.
Account holders get some ATM fees reimbursed.

Cons

Higher yields are available elsewhere.
There’s a six-per-month withdrawal limit.

Rate history for First Internet Bank of Indiana's Savings account

See how rates for this account have changed over time. Interact with the trend lines to view APY by date.

First Internet Bank of Indiana

APY

APY last updated between 12/15 and 12/21.

National average APY

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

See how rates for this account have changed over time. Interact with the trend lines to view APY by date.

First Internet Bank of Indiana

APY

APY last updated between 12/15 and 12/21.

National average APY

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

4.6

/5

See methodology Compare CD rates

SCORE BREAKDOWN

APY offering:

4.42%

5/5

APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less.

Minimum deposit:

$1,000.00

4/5

The minimum deposit amount a financial institution requires in order to open a CD.

Range of term lengths:

3 mos – 5 yrs

5/5

A designated amount of time that funds must be held within a CD.

Early withdrawal penalty:

Average

3/5

A penalty incurred when funds have been withdrawn from a CD before its maturity date.

Offer no-penalty or bump-up CDs:

No

0/5

A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date.

Offer IRA CDs:

No

0/5

An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.

FEATURES

3.62% – 4.42% APY

APY last updated between 12/15 and 12/21.

$1,000 minimum balance for APY

$1,000 minimum deposit to open

3 months – 5 years

First Internet Bank of Indiana CD overview

First Internet Bank offers eight terms of CDs, all paying very competitive APYs. The terms range from three months to five years. All CDs require a minimum of $1,000 to open one; that’s manageable compared to some banks but could limit some customers who have less money to deposit.

Pros

First Internet Bank pays competitive yields on its CDs.
There’s a wide range of term lengths available.

Cons

Lower minimum deposit requirements can be found elsewhere.

Rate history for First Internet Bank of Indiana's CD accounts

See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

First Internet Bank of Indiana

APY

APY last updated between 12/15 and 12/21.

National average APY

Term length

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

First Internet Bank of Indiana

APY

APY last updated between 12/15 and 12/21.

National average APY

Term length

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

Compare Offer

First Internet Bank of Indiana money market overview

First Internet Bank of Indiana offers its Money Market Savings account, which pays a very competitive APY, but you need a daily balance of at least $1 million to get the highest yield. Customers can open the account with just $100. There is a $5 monthly fee, though it’s waived with an average daily balance of $4,000.

Account holders get up to $10 of monthly ATM surcharges refunded as well. Check writing is not available with this account, however.

Pros

Only $100 is needed to open the account.
It pays a very competitive APY.
Account holders get some ATM fees reimbursed.

Cons

Account holders must maintain a $4,000 balance to avoid the fee.
Checks can’t be written from the account.
You need a very high balance to get the highest yield.
There’s a six-per-month withdrawal limit.

4.8

Bankrate Score

Compare top checking rates

First Internet Bank of Indiana checking overview

First Internet Bank of Indiana offers two checking accounts: free checking and interest checking.

Free checking, the account scored for this review, requires $25 to open. It earns no interest and doesn’t qualify for ATM fee reimbursements, but there’s no monthly maintenance fee.

The interest checking requires $100 to open. It pays a decent APY, especially for a checking account. There’s a $10 monthly fee, but it’s waived when account holders maintain a $500 daily balance. This account does qualify for ATM fee reimbursements, up to $10 per statement cycle.

Both accounts offer a free first order of checks, free incoming wire transfers and access to Zelle.

Pros

Both accounts require small opening deposits.
The interest checking account pays a decent APY.
There’s no fee on free checking.

Cons

The free checking account doesn’t reimburse ATM fees.
You need at least a daily average of $500 in your Interest Checking account to waive the $10 monthly service fee.

Compare more: Bankrate's best CD rates

Bank fees

Fee	Charged?
Overdraft fee	None
Non-sufficient funds fee	None
Monthly maintenance fee	$0 - $10
Out-of-network ATM fee	None
Excessive withdrawal fee	None

Find out: Tips to avoid common bank fees

Customer experience

Customer service. First Internet Bank of Indiana doesn’t have any branches, but it does have customer service available on the phone from 7 a.m. to 9 p.m. Eastern time during the week and 9 a.m. to 3 p.m. on Saturday. The bank’s website also allows you to chat with relationship bankers.

Mobile app. First Internet Bank’s app receives high ratings on the Apple App and Google Play stores. Customers can send and receive funds with Zelle and pay bills through the app.

Bankrate staff insights

A Bankrate staff member opened a money market account online with First Internet Bank of Indiana and stated, "The sign-up flow was very straightforward and seamless. While the features are not the most flashy – most feeling sort of outdated versus some popular budgeting or credit monitoring platforms – they are user-friendly and accomplish the necessities." The account holder added, "I would recommend this bank and experience for any user that appreciates the simplicity and is mainly looking for the core essentials of a money market or savings account."

Disclosure: To enhance our product reviews, Bankrate employees often open accounts and provide feedback. They may have been compensated for their time and account maintenance, but this does not affect the integrity of their review.

About First Internet Bank of Indiana

First Internet Bank of Indiana is an online bank that has been around for more than 20 years. First Internet Bank was the first FDIC-insured bank to operate entirely online, according to the bank. It offers checking accounts, a savings account, a money market account and CDs.

How does First Internet Bank of Indiana compare to other banks?

Compare different account types offered by First Internet Bank of Indiana. Annual percentage yields (APYs) shown were updated between Dec. 15, 2024 and Dec. 21, 2024.

Selected bank First Internet Bank of Indiana savings account Member FDIC Bankrate score Rating: 3.5 stars out of 5 3.5 Bankrate Savings rating = 3.5/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable Charles Schwab Bank savings account Member FDIC Bankrate score Rating: 3 stars out of 5 3.0 Bankrate Savings rating = 3.0/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Dec. 15, 2024 and Dec. 21, 2024.
0.81%	0.15%
Minimum balance for APY
$25.00	$0.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$405	$75

First Internet Bank’s Free Savings requires a $25 minimum deposit to open, but doesn’t charge a monthly fee. Customers won’t grow their savings too much with this account, since the APY is very low. But customers do get up to $10 in rebates for ATM surcharge fees each month.	Charles Schwab Bank’s Investor Savings account requires no minimum balance, charges no monthly service fees and provides unlimited ATM fee rebates worldwide. Ways to add funds to the account include setting up direct deposit, making transfers from other bank accounts or making a mobile check deposit — although there’s no way to deposit cash into the account. The account pays an APY that’s below average, as many other online banks offer much higher savings yields.

First Internet Bank of Indiana offers ATM rebates on its Free Savings account. There is no monthly fee.	There are no monthly fees or minimums Customers get unlimited ATM rebates worldwide	N/A
Customers need $25 to open an account; many online banks don’t require a minimum deposit. The Free Savings account earns a very low interest rate.	Significantly higher APYs can be found elsewhere New customers need to complete a paper application Cash deposits are not an option	N/A

APY offering: 0.81% 2/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $25.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Great 5/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY offering: 0.15% 1/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. Minimum balance for APY: $0.00 5/5 The lowest deposit amount an account must have before it can earn interest. Monthly service fee: $0.00 5/5 A monthly charge a financial institution deducts from an account if certain requirements are not met. Minimum balance to avoid fee: $0.00 5/5 The lowest balance an account must maintain in order to avoid a fee. Access to funds: Great 5/5 A procedure that allows an individual or organization to access and manage the funds of another account holder.	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. The lowest deposit amount an account must have before it can earn interest. A monthly charge a financial institution deducts from an account if certain requirements are not met. The lowest balance an account must maintain in order to avoid a fee. A procedure that allows an individual or organization to access and manage the funds of another account holder. Bankrate does not currently track additional product details for this bank.

Selected bank First Internet Bank of Indiana CD Member FDIC Bankrate score Rating: 4.6 stars out of 5 4.6 Bankrate CD rating = 4.6/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score.	Most comparable EverBank CD Member FDIC Bankrate score Rating: 4.1 stars out of 5 4.1 Bankrate CD rating = 4.1/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate CD rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs) and minimum deposits are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Dec. 15, 2024 and Dec. 21, 2024.
4.42%	4.00%
Minimum deposit
$1,000.00	$1,000.00
Term
1 yr	9 mos

First Internet Bank of Indiana is an online bank that serves all 50 states. It offers eight CD terms that range from three months to five years, all of which pay highly competitive rates. CDs require a minimum opening deposit of $1,000, which is lower than what some other banks require but could still be too high for some customers.	Everbank has CD terms ranging from three months to five years. Its CDs require a $1,000 minimum opening deposit.

First Internet Bank of Indiana CDs pay top-notch rates. A wide range of CD terms are offered.	EverBank Performance℠ CDs offers competitive yields, similar to other online banks.	N/A
Lower minimum opening deposits can be found elsewhere. No specialty CD options are offered.	Some banks have lower minimum opening deposit requirements. No IRA CDs are offered.	N/A

APY offering: 4.42% - 1 yr 5/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. Minimum deposit: $1,000.00 4/5 The minimum deposit amount a financial institution requires in order to open a CD. Range of term lengths: 3 mos - 5 yrs 5/5 A designated amount of time that funds must be held within a CD. Early withdrawal penalty: Average 3/5 A penalty incurred when funds have been withdrawn from a CD before its maturity date. Offer no-penalty or bump-up CDs: No 0/5 A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. Offer IRA CDs: No 0/5 An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.	APY offering: 4.00% - 9 mos 4/5 APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. Minimum deposit: $1,000.00 4/5 The minimum deposit amount a financial institution requires in order to open a CD. Range of term lengths: 3 mos - 5 yrs 5/5 A designated amount of time that funds must be held within a CD. Early withdrawal penalty: Average 3/5 A penalty incurred when funds have been withdrawn from a CD before its maturity date. Offer no-penalty or bump-up CDs: No 0/5 A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. Offer IRA CDs: No 0/5 An IRA account which consists of CDs that typically earns fixed interest over a specified period of time.	APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs are selected based on Bankrate reviews of the highest rates a bank offers between the term ranges of 7 and 17 months. This excludes jumbo CDs and applies when the minimum deposit is $25k or less. The minimum deposit amount a financial institution requires in order to open a CD. A designated amount of time that funds must be held within a CD. A penalty incurred when funds have been withdrawn from a CD before its maturity date. A CD that doesn’t incur a penalty if funds are withdrawn before its maturity date. An IRA account which consists of CDs that typically earns fixed interest over a specified period of time. Bankrate does not currently track additional product details for this bank.

Selected bank First Internet Bank of Indiana money market account Member FDIC Bankrate score Rating: 3.8 stars out of 5 3.8 Bankrate Money Market rating = 3.8/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score.	Most comparable Ally Bank money market account Member FDIC Bankrate score Rating: 4.5 stars out of 5 4.5 Bankrate Money Market rating = 4.5/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review	Search for or select a bank: Bankrate score Bankrate Money Market rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. Read review
APY APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Dec. 15, 2024 and Dec. 21, 2024.
3.77%	3.85%
Minimum balance for APY
$100.00	$0.00
Estimated earnings Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
$1,885	$1,925

First Internet Bank’s Free Savings requires a $25 minimum deposit to open, but doesn’t charge a monthly fee. Customers won’t grow their savings too much with this account, since the APY is very low. But customers do get up to $10 in rebates for ATM surcharge fees each month.	Ally Bank consistently offers a competitive yield on its Online Savings Account. The online bank doesn’t have the absolute highest yield, but it offers a competitive one and doesn’t have a minimum balance requirement or a monthly service fee. The bank offers mobile deposit, but you’ll need to transfer money to the Ally checking account or money market account if you want to access money in your savings from an ATM.

First Internet Bank of Indiana offers ATM rebates on its Free Savings account. There is no monthly fee.	Ally Bank offers a competitive yield on its Online Savings Account. Ally Bank has savings tools, such as Surprise Savings where Ally Bank looks at your linked checking account for savings opportunities.	N/A
Customers need $25 to open an account; many online banks don’t require a minimum deposit. The Free Savings account earns a very low interest rate.	Ally Bank doesn’t offer ATM access directly from its savings account. Some other online banks offer a higher yield than Ally Bank.	N/A

Learn more: Best online banks

First Internet Bank of Indiana FAQs

First Internet Bank is best for consumers comfortable banking completely online. Those looking to bring all of their banking under one roof may find First Internet Bank to be a good choice, but it should be noted that not all of the bank’s accounts offer competitive yields.
Yes. First Internet Bank was first established in 1998 and has been FDIC-insured since. Customers have coverage up to the amount allowed by law: $250,000 per customer, per account.
First Internet Bank is owned by First Internet Bancorp.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

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.

First Internet Bank of Indiana customer reviews

First Internet Bank of Indiana has 21 reviews

Dive into community reviews below and see what others think about First Internet Bank of Indiana .

4.2

21 ratings

Star ranking and total number reflects the lifetime customer reviews received while this bank has been monitored by Bankrate. To help serve you with relevant information, the customer reviews shown below are limited to only those that this bank has received during the past 12 months.

Score breakdown

5 stars

48%

4 stars

38%

3 stars

10%

2 stars

0%

1 star

5%

Score by category

Overall Rating 4.2 / 5

Competitiveness of APY 4 / 5

Amount of fees 4 / 5

Customer support 4.3 / 5

Website / Mobile app 4.1 / 5

Bankrate methodology disclosure

In July 2024, Bankrate collaborated with a third-party vendor to survey 1,200 bank account holders nationwide. Bankrate and our vendor collected and summarized account holder responses to five rating questions on a 5-point scale as well as open-ended reviews of the banking experience. Responses are based on individual account holder product details, and therefore cannot be verified for accuracy. Reviewers received an incentive for their feedback. Their ratings are unedited and have not been reviewed or approved by the associated bank or credit union, nor do these responses reflect Bankrate's own expert review of these banking products.

Community Reviews

See what users like you are saying about First Internet Bank of Indiana .

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Anonymous account holder

September 13, 2024

Should consider the customer service. also the monthly fees. I did my research and thought that this bank was beneficial for me. It has low interests rates.

Score by category

Amount of fees 3 / 5

Competitiveness of APY 3 / 5

Customer support 4 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

Make sure the interest rates are right. My experience at first internet Bank has been great.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 5 / 5

Website / Mobile app 5 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

Very good service.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 4 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

It has a good policy for helping people with money. The money , the percentage, and the customer service.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 4 / 5

Website / Mobile app 3 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

They are a great bank. they do everything they can to meet your needs. Overdraft protection low maintenance fees and notifications and my account.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 5 / 5

Website / Mobile app 3 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

Very nice. Easy app experience and employees treat us very well.

Score by category

Amount of fees 3 / 5

Competitiveness of APY 3 / 5

Customer support 3 / 5

Website / Mobile app 2 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account No

Anonymous account holder

September 13, 2024

Flexibility. Large ATM network. No ATM fee and low overdraft fees.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 5 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) Yes

Money Market Account (MMA) Yes

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

The bank helps you track your savings details very well, and they send weekly and monthly statements. I think they have one of the best customer service. I was in the bank to report an issue and the bank did everything fast.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 5 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account Yes

Checking Account Yes

Anonymous account holder

September 13, 2024

It is a very good bank to do business with they take care of their customers very well. They help me with my every need on the digital scale I give him 1% conversely excellent customer service.

Score by category

Amount of fees 5 / 5

Competitiveness of APY 5 / 5

Customer support 4 / 5

Website / Mobile app 4 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) No

Savings Account No

Checking Account Yes

Anonymous account holder

September 13, 2024

The first is the low interested. Low payments and good service.

Score by category

Amount of fees 4 / 5

Competitiveness of APY 4 / 5

Customer support 5 / 5

Website / Mobile app 3 / 5

Accounts held by this user

Certificate of Deposit (CD) No

Money Market Account (MMA) Yes

Savings Account No

Checking Account No

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	First Internet Bank of Indiana APY APY last updated between 12/15 and 12/21. APY last updated between 12/15 and 12/21	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
10/01/2024	0.81%	0.57%
09/03/2024	0.81%	0.61%
05/07/2024	0.81%	0.59%
04/02/2024	0.81%	0.58%
03/05/2024	0.81%	0.57%
01/02/2024	0.80%	0.58%
12/26/2023	0.80%	0.56%

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	First Internet Bank of Indiana APY APY last updated between 12/15 and 12/21. APY last updated between 12/15 and 12/21	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
12/03/2024	3.67%	1.41%
10/01/2024	3.67%	1.42%
09/24/2024	3.67%	1.43%
09/17/2024	4.09%	1.43%
09/03/2024	4.19%	1.43%
08/27/2024	4.24%	1.44%
08/13/2024	4.35%	1.44%
08/06/2024	4.50%	1.44%
07/02/2024	4.50%	1.42%
06/04/2024	4.50%	1.43%
05/14/2024	4.50%	1.42%
04/02/2024	4.55%	1.42%
03/19/2024	4.55%	1.43%
03/12/2024	4.61%	1.43%
02/27/2024	4.61%	1.42%
02/06/2024	4.59%	1.42%
01/02/2024	4.59%	1.43%
12/26/2023	4.59%	1.41%

First Internet Bank of Indiana Review 2024

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