Data Sources
Every rate, fee, and ranking on BankCheap comes from a source we can point to. Here's where our data comes from and how often it's refreshed.
Overview
We combine provider-published product data with authoritative U.S. public datasets. We do not invent rates. When a number on BankCheap looks different from the provider's site, the provider's site is the source of truth — please report it so we can correct it.
Bank & lender data
| Source | What we use | Cadence |
|---|---|---|
| Bank & lender websites | Headline rates, fees, eligibility, and product terms | Weekly |
| Public rate sheets & filings | Published deposit and lending rates | Weekly |
| Partner / affiliate feeds | Real-time product availability for select partners | Daily |
Public datasets
| Source | What we use | Cadence |
|---|---|---|
| FDIC | Bank charter, insurance, and institutional health data | Quarterly |
| NCUA | Credit union charter and insurance data | Quarterly |
| SBA | Small Business Administration loan program parameters | Monthly |
| Federal Reserve (H.15) | Benchmark interest rates used in calculator defaults | Daily |
| U.S. Treasury | Treasury yields used for risk-free comparisons | Daily |
Affiliate partners
Some outbound links on BankCheap are affiliate links — if you open an account through them, we may earn a commission at no cost to you. Affiliate status does not influence rankings, scores, or how products appear in calculator results. See the Methodology page for how rankings are produced.
User-submitted data
When users report errors or submit information about a product (e.g. a fee change), we verify against the provider's published terms before updating the catalog. Unverified submissions are not published.
Corrections
Spotted something wrong? Email corrections@bankcheap.app with the product, the field, and a link to the provider's page. We review correction requests within five business days.
Last reviewed
June 2026