Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.
PNC savings rates
PNC Bank has two savings accounts: the PNC High Yield Savings Account and PNC Bank Standard Savings Account. You’re only able to open one, and your eligibility for each depends on where you live.
PNC High Yield Savings℠ Account
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
PNC High Yield Savings℠ Account
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
Details
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
Pros & Cons
Highlights
Additional Reading
The PNC High Yield Savings Account is an online account, and for the most part, it’s only available if you live in an area without PNC branches. However, you can also open an account in person if you visit a PNC Solutions Center in Kansas, Massachusetts, Minnesota, Missouri, or Tennessee.
The account pays 4.00%, which is impressive when compared to other high-yield savings accounts. If your goal is to earn a high interest rate, it’s a strong choice.
PNC Bank Standard Savings Account
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
PNC Bank Standard Savings Account
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
Details
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
Pros & Cons
Highlights
Additional Reading
To open PNC Bank Standard Savings, you must live in an area with PNC branches. The account pays a low interest rate. You’ll earn a slightly higher rate if you link the account to a PNC checking account and meet some other requirements — but even this relationship rate is low.
The PNC High Yield Savings Account is an online account, and for the most part, it’s only available if you live in an area without PNC branches. However, you can also open an account in person if you visit a PNC Solutions Center in Kansas, Massachusetts, Minnesota, Missouri, or Tennessee.
The account pays 4.00%, which is fairly competitive when compared to other high-yield savings accounts.
How PNC savings rates compare
We’ve compared the PNC High Yield Savings℠ Account to high-yield savings accounts at two other banks: Ally and Capital One 360.
Compare PNC Bank with our top picks
Editor’s Rating
Editor’s Rating
Editor’s Rating
Other PNC savings options
You may choose to open a PNC Fixed Rate CD or PNC Premiere Money Market Account. Rates vary depending on terms, balances, and where you live — but overall, interest rates are low.
The PNC Bank Virtual Wallet® is a digital hybrid account, which means it works as both a checking and savings account. In the savings bucket, called “Growth,” you’ll earn the same interest rate you’d be eligible for on a PNC savings account. For example, if you live in an area that qualifies you to open the high-yield savings account, your Growth APY would be 4.00%.
PNC also has the PNC S is for Savings® Account, which is for children and available in areas with PNC branches. It pays 0.01%.
PNC savings rates FAQ
Yes, it has the online-only PNC High Yield Savings℠ Account, which pays 4.00%. You can open this account online if you live in an area without PNC branches, or in person at a Kansas, Massachusetts, Minnesota, Missouri, or Tennessee PNC Solutions Center.
The main disadvantage is that offerings vary depending on where you live, which can be confusing and inconvenient. If you live in an area without branches, you qualify for savings accounts with high interest rates — but if you live near a branch, you’ll earn low rates.
Top Offers From Our Partners
Related Post
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.
PNC savings rates
PNC Bank has two savings accounts: the PNC High Yield Savings Account and PNC Bank Standard Savings Account. You’re only able to open one, and your eligibility for each depends on where you live.
PNC High Yield Savings℠ Account
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
PNC High Yield Savings℠ Account
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
Details
Annual Percentage Yield (APY)
4.00%
Minimum Deposit Amount
None
Pros & Cons
Highlights
Additional Reading
The PNC High Yield Savings Account is an online account, and for the most part, it’s only available if you live in an area without PNC branches. However, you can also open an account in person if you visit a PNC Solutions Center in Kansas, Massachusetts, Minnesota, Missouri, or Tennessee.
The account pays 4.00%, which is impressive when compared to other high-yield savings accounts. If your goal is to earn a high interest rate, it’s a strong choice.
PNC Bank Standard Savings Account
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
PNC Bank Standard Savings Account
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
Details
Annual Percentage Yield (APY)
0.01% to 0.03%
Minimum Deposit Amount
$25
Pros & Cons
Highlights
Additional Reading
To open PNC Bank Standard Savings, you must live in an area with PNC branches. The account pays a low interest rate. You’ll earn a slightly higher rate if you link the account to a PNC checking account and meet some other requirements — but even this relationship rate is low.
The PNC High Yield Savings Account is an online account, and for the most part, it’s only available if you live in an area without PNC branches. However, you can also open an account in person if you visit a PNC Solutions Center in Kansas, Massachusetts, Minnesota, Missouri, or Tennessee.
The account pays 4.00%, which is fairly competitive when compared to other high-yield savings accounts.
How PNC savings rates compare
We’ve compared the PNC High Yield Savings℠ Account to high-yield savings accounts at two other banks: Ally and Capital One 360.
Compare PNC Bank with our top picks
Editor’s Rating
Editor’s Rating
Editor’s Rating
Other PNC savings options
You may choose to open a PNC Fixed Rate CD or PNC Premiere Money Market Account. Rates vary depending on terms, balances, and where you live — but overall, interest rates are low.
The PNC Bank Virtual Wallet® is a digital hybrid account, which means it works as both a checking and savings account. In the savings bucket, called “Growth,” you’ll earn the same interest rate you’d be eligible for on a PNC savings account. For example, if you live in an area that qualifies you to open the high-yield savings account, your Growth APY would be 4.00%.
PNC also has the PNC S is for Savings® Account, which is for children and available in areas with PNC branches. It pays 0.01%.
PNC savings rates FAQ
Yes, it has the online-only PNC High Yield Savings℠ Account, which pays 4.00%. You can open this account online if you live in an area without PNC branches, or in person at a Kansas, Massachusetts, Minnesota, Missouri, or Tennessee PNC Solutions Center.
The main disadvantage is that offerings vary depending on where you live, which can be confusing and inconvenient. If you live in an area without branches, you qualify for savings accounts with high interest rates — but if you live near a branch, you’ll earn low rates.
Top Offers From Our Partners
