Rating Methodology

⭐ HOW WE RATE

Our Transparent, Easy‑to‑Understand Scoring System

At MoneyCY.net / MyBestBank.net, our goal is simple: to help you make confident financial decisions through clear, factual, and consistent reviews.

To achieve this, we use a transparent scoring system based on four core components, each rated from 1 to 10:

Cost
Versatility
Regulatory
Customer Experience

Each component carries equal weight (25%), and together they form the Total Score, shown on a scale from 1 to 10.

This structure ensures every product is evaluated fairly, consistently, and with the user’s best interest in mind.

⭐ 1. Cost (1–10)

How affordable is the product compared to alternatives?

We look at:

monthly fees
FX rates
ATM charges
transfer fees
hidden or conditional fees

A high score means the product is competitively priced and transparent.

⭐ 2. Versatility (1–10)

How useful and flexible is the product for different types of users?

We evaluate:

feature set
supported currencies
tools and integrations
suitability for different use cases
overall functionality

A high score means the product works well for many users and offers strong features.

⭐ 3. Regulatory (1–10)

How safe is the product?

We assess:

licensing
regulatory oversight
deposit protection
investor compensation schemes
transparency and compliance

A high score means the product is supervised by reputable regulators and offers strong consumer protection.

⭐ 4. Customer Experience (1–10)

How good is the day‑to‑day experience?

We consider:

app ratings
onboarding speed
customer support
reliability
user feedback

A high score means the product is easy to use and well‑supported.

⭐ 5. Total Score (1–10)

Your final score is the average of the four components:

This gives a clear, balanced view of how the product performs overall.

⭐ 6. The Regulatory Safety Cap (Important for Users)

Why some products cannot score above 5.0 / 10

Your safety comes first.

If a product has weak regulatory protection, we apply a Regulatory Safety Cap, which means:

If the Regulatory score is below 5, the Total Score cannot exceed 5.0 / 10.

⭐Why we do this

Because no matter how good a product’s features or pricing may be, weak regulation means higher risk for users.

This cap ensures:

unsafe or lightly regulated products cannot appear “highly rated”
strong features never overshadow weak consumer protection
users are protected from misleadingly high scores
our ratings remain responsible, transparent, and user‑focused

This rule is part of our commitment to clarity, fairness, and consumer protection.

⭐Why You Can Trust Our Ratings

Transparent: Our scoring rules are public and easy to understand.
Consistent: Every product is evaluated using the same method.
Independent: No bank or broker influences our scores.
User‑Focused: We write for real people, not experts.
Safety‑First: Regulatory protection always matters.

Our goal is to help you choose financial products with confidence — using clear, factual, and unbiased information.