PNC: Savings Accounts & Rates

Savings rates updated: 8/15/2025

Mission statement: Banksparency aims to make PNC's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

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Savings Overview

PNC High Yield Savings: 3.95% APY(Rank 54 out of 81 tracked HYSAs)

Minimum Deposit: $0 | Eligible States: Limited (see below)

Standard Savings: 0.03% APY(Rank 90 out of 94 savings accounts)

Minimum Deposit: $0

National Savings Interest Rate: 0.38% (as of 7/21/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Wilmington, Delaware

Founded: 1804

Deposit Insurance: FDIC Cert # 6384

BBB Rating: A+

App Store Rating: 4.9/5

Google Play Rating: 4.5/5

Website: Visit PNC

Our Take on PNC

Highlights

High Yield Savings offers 3.95% APY with no maintenance fees.
Standard Savings has no minimum deposit and no maintenance fees.
Bank has an A+ BBB rating, indicating strong trustworthiness.
App Store rating of 4.9 and Google Play rating of 4.5 reflect customer satisfaction.

Considerations

High Yield Savings eligibility is restricted, limiting access.
Standard Savings APY is only 0.03%, significantly lower than high yield.
No branches available, which may deter some customers.
Direct deposit not required, but may limit some benefits.

Summary: PNC offers two savings accounts, with the High Yield Savings account providing a competitive 3.95% APY. However, eligibility restrictions may limit access for some savers. The Standard Savings account offers a lower APY of 0.03% but has no minimum deposit or maintenance fees. PNC's strong A+ BBB rating, combined with high app ratings, reflects solid customer trust, though the lack of branches may be a drawback for some users.

Savings Accounts: In-Depth View

Savings Accounts Offered by PNC

Feature	Standard Savings	PNC High Yield Savings
APY	0.03% (as of 8/15/2025)	3.95% (as of 8/15/2025)
APY Trend	Stable for the last quarter	Stable for the last quarter
Minimum Deposit	$0	$0
Minimum Balance for APY	$1	$0
FDIC-insured	Yes	Yes
Online Only	No	No
Bundled Account	No	No
Direct Deposit Required	No	No
Compound Frequency	Monthly	Monthly
Maintenance Fee	$0 / $5 (see bank for details)	$0
Eligibility	United States	AK, AR, CT, HI, ID, IA, LA, ME, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, UT, VT, WA, WY
Note	APY may improve with a linked PNC account. Terms and conditions apply.	Eligibility restricted.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for PNC

All calculations are based on APY.

Choose savings account:

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,547.5 (9.95%)
Total contributions: $13,000 (83.61%)
Initial deposit: $1,000 (6.43%)

Your total balance

$15,547.50

Effective APY: 3.95% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

PNC Savings Rates Over Time

Historical APY Insights

Metric	PNC High Yield Savings	Standard Savings
Latest APY	3.95 %	0.03 %
Trend	Sideways	Sideways
Slope (bps/mo)	0.0	0.5
Rate Changes / Mo	0.00	0.18
Days Since Last Change	165	108
High (-5 m)	3.95 %	0.03 %
Low (-5 m)	3.95 %	0.01 %
Draw-down from High	0.0 %	0.0 %
Volatility (CV)	0.000	0.423

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 5 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-5 m): Highest APY in the last 166 days.
Low (-5 m): Lowest APY in the last 166 days.
Draw-down from High: How far today sits below the 5-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare PNC's Savings Accounts

Affirm - 3.85% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.50% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.20% APY
Betterment - 4.00% APY
BMO Alto - 3.50% APY
Bread Savings - 4.25% APY
BrioDirect - 4.30% APY
Capital One - 3.50% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% APY
E*TRADE from Morgan Stanley - 4.00% APY
EverBank - 4.30% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.25% APY
Fitness Bank - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	PNC	Select a bank...
Product		N/A
APY	3.95% (as of 8/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	No	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A
Eligibility	AK, AR, CT, HI, ID, IA, LA, ME, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, UT, VT, WA, WY	United States
Note	Eligibility restricted.	N/A