Bankrate Reviews

Updated 12 Jun 2020

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3.4
63%
Recommend to a Friend
77%
Approve of CEO
Bankrate President & CEO Kenneth S. Esterow
Kenneth S. Esterow
26 Ratings
Pros
Cons
  • "and senior management especially carry themselves with an elitist attitude despite the fact that many are underqualified for their positions(in 7 reviews)

  • "There seems to be a high turnover, there are always new faces(in 4 reviews)

More Pros and Cons
  1. "decent place but disorganized"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Bankrate full-time for more than a year

    Pros

    nice people and great location

    Cons

    disorganized insurance group and tough decision making

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  2. "Very ambitious stressful environment"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in Palm Beach Gardens, FL

    I worked at Bankrate full-time for more than a year

    Pros

    Good company, smart people, good technology stack. Great office and food.

    Cons

    Very Long hours. Very fast pace. Stressful.

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  3. Helpful (1)

    "Bad company to work for with bad reputation"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Engineer in New York, NY
    Neutral Outlook
    No Opinion of CEO

    I worked at Bankrate

    Pros

    Standard benefits New office Snacks

    Cons

    Bankrate and new RV management do not care about you, employees. The only thing they care is how to make a profit, giving new tasks and assignments. If it didn’t make a profit then of course someone has to be out. They don’t care about individuals. Of course we all need to make an income/money and going to work for most of us is just simply make our living. And it is understandable. But if you have a different opportunity, then run away from this place.

  4. "Great team"

    5.0
    Former Employee - Controller 

    I worked at Bankrate full-time

    Pros

    Good benefits, 401k match, company outing

    Cons

    There aren’t that many cons except for long hours during busy season

  5. "Good company to work for"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations in North Palm Beach, FL
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Bankrate full-time for more than a year

    Pros

    good benefits competitive salary autonomy

    Cons

    company is not longer a public company

  6. "Solid Dev Work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Engineer in Palm Beach, FL
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Bankrate full-time for more than a year

    Pros

    - great office - lots of dev work - hands on all types of tech

    Cons

    - not silicon valley - no access to executives - company bought and sold multiple times

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  7. Helpful (5)

    "Awesome place to work till it went downhill"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - QA Manager in Palm Beach Gardens, FL
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Bankrate full-time for more than 5 years

    Pros

    Pay was decent People (Previous) Work Environment (Previous) Provided Snacks Soda machine Company sponsored events were ok.

    Cons

    Senior management is terrible Work environment went down hill fast New senior management, Especially VP level was full of idiots.

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  8. "Great company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bankrate full-time for more than 3 years

    Pros

    Unlimited PTO and amazing worklife balance.

    Cons

    i dont really have any company is great with great culture

  9. Helpful (10)

    "The Red Ventures merger decimated Bankrate"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Editor in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Bankrate full-time for more than a year

    Pros

    Before the acquisition of Bankrate by Red Ventures, the company was on a path toward stability and solid growth. While there was some remaining organizational churn from the management shakeups of the prior three years, Ken Esterow and Scott Kim were doing a good job at building a well-integrated organization, with clear goals and a positive working environment. The sale to Red Ventures put an end to all of that. The new managers brought on by Red Ventures had little to no experience in managing the editorial end of the business, and the tech teams were led by arrogant, inexperienced managers. Massive layoffs led to very bad morale, and further employee turnover after the merger has extended the sense of malaise that has taken over the entire firm.

    Cons

    Red Ventures is a harsh master. The executives and managers put in place by RV are harsh, excessively competitive and out-of-touch. I was strongly warn against anyone considering a job at Bankrate managed by RV: All may sound well during the interview process, but do not be fooled. The company has become a very poor place to work, thanks to a toxic managerial environment.

  10. Helpful (8)

    "Not recommended serious about being a Tech Leader"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY

    I worked at Bankrate full-time for more than a year

    Pros

    Some good people work there.

    Cons

    Horrible Senior Leadership and the company that acquired Bankrate has no idea on technology.

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