How We Review Financial Products

Our Evaluation Methodology • Last Updated: January 2026

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At TrustWire Global, we evaluate financial products using rigorous, data-driven methodology. Our goal is to provide consumers and investors with objective analysis to help them make informed financial decisions—whether choosing a bank, retirement account, investment product, or financial service.

Our Review Process

01

Data Collection

Gather rates, fees, features, and terms directly from financial institutions

02

Verification

Cross-reference with regulatory filings, FDIC data, and official sources

03

Customer Research

Analyze verified customer reviews from BBB, Trustpilot, app stores, and forums

04

Expert Analysis

Our analysts evaluate each product against category-specific criteria

Product Categories We Review

Each product category has specific evaluation criteria tailored to what matters most for that type of financial product:

BankingSavings & CDsRetirement AccountsAlternative InvestmentsInsurance

🏦 Banking Products

Checking accounts, savings accounts, money market accounts, and online banks.

Fees & Costs

30% Weight

Monthly maintenance fees, ATM fees, overdraft charges, and minimum balance requirements.

Factors Analyzed:
  • Monthly maintenance fee (or how to waive it)
  • ATM network size and out-of-network fees
  • Overdraft fees and policies
  • Wire transfer and foreign transaction fees

Interest Rates (APY)

25% Weight

Competitive rates on savings and checking products.

Factors Analyzed:
  • Savings APY vs. national average
  • Checking APY (if offered)
  • Tiered rate structures
  • Promotional rate duration

Digital Experience

25% Weight

Mobile app quality, online banking features, and digital tools.

Factors Analyzed:
  • Mobile app ratings (iOS/Android)
  • Bill pay and Zelle integration
  • Mobile check deposit
  • Budgeting and financial tools

Access & Convenience

20% Weight

Branch network, ATM availability, and customer service.

Factors Analyzed:
  • Branch locations (if applicable)
  • ATM network coverage
  • Customer service hours and channels
  • Account opening ease

💰 High-Yield Savings & CDs

High-yield savings accounts, certificates of deposit, and money market accounts.

APY / Interest Rate

40% Weight

The primary factor—how much your money earns.

Factors Analyzed:
  • Current APY vs. top competitors
  • Rate consistency and history
  • Compound frequency
  • Minimum balance to earn stated APY

Terms & Flexibility

25% Weight

CD terms, early withdrawal penalties, and account restrictions.

Factors Analyzed:
  • CD term options (3-month to 5-year)
  • Early withdrawal penalty severity
  • No-penalty CD options
  • Withdrawal limits (savings)

Minimums & Accessibility

20% Weight

Opening deposit requirements and ongoing minimums.

Factors Analyzed:
  • Minimum to open
  • Minimum to earn APY
  • Funding methods accepted
  • FDIC/NCUA insurance confirmation

Institution Strength

15% Weight

Bank or credit union stability and reputation.

Factors Analyzed:
  • FDIC/NCUA insured status
  • Institution size and history
  • Customer satisfaction ratings
  • Financial health indicators

📈 Retirement Accounts

Traditional IRAs, Roth IRAs, SEP IRAs, 401(k) rollovers, and self-directed retirement accounts.

Fees & Costs

30% Weight

Account fees, trading costs, and expense ratios.

Factors Analyzed:
  • Annual account maintenance fees
  • Trading commissions (if any)
  • Fund expense ratios
  • Transfer and rollover fees

Investment Options

25% Weight

Range of available investments and asset classes.

Factors Analyzed:
  • Mutual fund selection
  • ETF availability
  • Individual stocks and bonds
  • Alternative investments (if applicable)

Platform & Tools

25% Weight

Trading platform, research tools, and retirement planning resources.

Factors Analyzed:
  • Platform usability
  • Retirement calculators and planning tools
  • Research and educational content
  • Mobile app functionality

Customer Support

20% Weight

Access to help when you need it.

Factors Analyzed:
  • Phone support availability
  • Access to financial advisors
  • Educational resources
  • Account setup assistance

🪙 Alternative Investments

Precious metals (gold, silver), real estate investments, commodities, and self-directed IRA custodians.

Reputation & Trust

25% Weight

Track record, regulatory standing, and industry reputation are critical in alternative investments.

Factors Analyzed:
  • Better Business Bureau (BBB) rating
  • Years in business
  • Regulatory complaints and legal history
  • Industry accreditations
  • Verified customer reviews

Pricing & Fee Transparency

25% Weight

Clear, competitive pricing without hidden costs.

Factors Analyzed:
  • Account setup and annual fees
  • Product markup/spread (precious metals)
  • Storage and custodian fees
  • Liquidation/selling costs
  • Fee disclosure clarity

Product Selection

20% Weight

Range of investment options available.

Factors Analyzed:
  • Variety of products offered
  • Quality and authenticity verification
  • IRS compliance (for retirement accounts)
  • Access to different asset classes

Customer Service

15% Weight

Quality of guidance and support.

Factors Analyzed:
  • Dedicated representatives
  • Response time
  • Educational resources
  • Post-purchase support

Security & Storage

15% Weight

How assets are secured and stored.

Factors Analyzed:
  • Storage facility quality (precious metals)
  • Insurance coverage
  • Segregated vs. commingled storage
  • Audit procedures

🛡️ Insurance Products

Life insurance, annuities, and insurance-based retirement products.

Financial Strength

30% Weight

The insurer's ability to pay claims is paramount.

Factors Analyzed:
  • AM Best rating
  • S&P and Moody's ratings
  • Company size and history
  • Claims-paying track record

Product Value

25% Weight

Premiums, returns, and overall value proposition.

Factors Analyzed:
  • Premium competitiveness
  • Guaranteed rates (annuities)
  • Death benefit amounts (life)
  • Surrender charges and periods

Policy Features

25% Weight

Riders, options, and flexibility.

Factors Analyzed:
  • Available riders and add-ons
  • Policy customization options
  • Conversion privileges
  • Living benefits (life insurance)

Customer Experience

20% Weight

Ease of purchase and ongoing service.

Factors Analyzed:
  • Application process simplicity
  • Customer service ratings
  • Online account management
  • Claims process reputation

Our Data Sources

Our reviews are based on information from the following sources:

  • Direct company websites and disclosures
  • Better Business Bureau (BBB) profiles
  • Consumer Financial Protection Bureau (CFPB) complaint database
  • State attorney general consumer complaint records
  • Trustpilot, Google Reviews, and verified customer feedback
  • Industry publications and regulatory filings
  • Direct communication with company representatives

What We Don't Do

  • We do not accept payment for higher ratings
  • We do not allow companies to review content before publication
  • We do not guarantee any investment outcomes
  • We do not provide personalized investment advice

How Often We Update

Our reviews are updated on a rolling basis. We re-evaluate companies when:

  • Significant pricing or fee changes occur
  • BBB ratings or complaint patterns change materially
  • New regulatory actions are taken against a company
  • Major service or product offering changes
  • At minimum, every 6 months for comprehensive review

Questions About Our Methodology?

We welcome feedback and questions about our review process.

Contact: research@trustwireglobal.com