Bank Of America vs. Pnc

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 14, 2025

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Summary of Bank of America vs. PNC

Key Metrics at a Glance

FeatureBank of AmericaPNC
Top Savings APY

0.01%

Advantage Savings

3.53%

PNC High Yield Savings

Minimum to Open$100$0
Minimum Balance for Top APY$0
NoteAPY may vary by market. The monthly fee may be waived under some circumstances, such as if you maintain a minimum balance of $500, or are below the age of 25, etc.Eligibility restricted.

Bank of America

Strengths

  • Bank of America has a strong BBB rating of A+ and is BBB Accredited.
  • The Advantage Savings account has a low minimum deposit of $100.

Potential Drawbacks

  • The current APY for Advantage Savings is only 0.01%, unchanged from 30 days ago.
  • Bank of America charges an $8 monthly maintenance fee unless conditions are met.

PNC

Strengths

  • PNC's High Yield Savings offers a competitive APY of 3.53%, though down from 3.85% last month.
  • The PNC High Yield Savings account has no minimum deposit or balance requirements.

Potential Drawbacks

  • PNC is not BBB Accredited, despite having an A+ rating.
  • Eligibility for the High Yield Savings account is restricted.
Summary: Bank of America offers a low APY of 0.01% with an $8 maintenance fee, while PNC provides a higher APY of 3.53% but has eligibility restrictions. Both banks have strong BBB ratings, but only Bank of America is accredited. PNC's accounts require no minimum deposits, making it more accessible for users.

→ As of November 14, 2025 Bank of America offers an APY of 0.01% for its Advantage Savings account, with a minimum balance of , compared to PNC's 3.53% APY for its PNC High Yield Savings account, with a minimum balance of $0.

PNC yields $352 more than Bank of America on a $10,000 balance after one year. Bank of America pays $1, while PNC pays $353 - an APY advantage for PNC.

→ In addition, PNC also offers 0.03% APY for the Standard Savings account.

Calculate Savings Growth for Bank of America vs PNC

All calculations are based on APY.

Bank of America - Advantage Savings

Top APY: 0.01%

Total savings breakdown:

  • Interest earned: $5.7 (0.03%)
  • Total contributions: $13,000 (72.20%)
  • Initial deposit: $5,000 (27.77%)

Your total balance

$18,005.70

Effective APY: 0.01% (based on your deposit and contributions)

Total balance: $18,005.7

Earnings: $5.7

Bank Overview

PNC - PNC High Yield Savings

Top APY: 3.53%

Total savings breakdown:

  • Interest earned: $2,133.2 (10.60%)
  • Total contributions: $13,000 (64.57%)
  • Initial deposit: $5,000 (24.83%)

Your total balance

$20,133.20

Effective APY: 3.53% (based on your deposit and contributions)

Total balance: $20,133.2

Earnings: $2,133.2

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bank of America's total earnings would be $2,127.5 lower than PNC's total earnings.

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

Compare Bank of America's vs PNC's Savings Accounts

Bank of AmericaPNC
ProductAdvantage SavingsvsStandard SavingsPNC High Yield Savings
APY
0.01% (as of 11/14/2025)0.03% (as of 11/14/2025)3.53% (as of 11/14/2025)
Bundled Account
NoNoNo
FDIC-insured
YesYesYes
Online OnlyNoNoNo
Compound Frequency
MonthlyMonthlyMonthly
Minimum Deposit$100$0$0
Minimum Balance for APYN/A$1$0
Maintenance Fee$8$0 / $5 (see bank for details)$0
Direct Deposit Required
NoNoNo
EligibilityUnited StatesUnited StatesAK, AR, CT, HI, ID, IA, LA, ME, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, UT, VT, WA, WY
NoteAPY may vary by market. The monthly fee may be waived under some circumstances, such as if you maintain a minimum balance of $500, or are below the age of 25, etc.APY may improve with a linked PNC account. Terms and conditions apply.Eligibility restricted.
App Store Rating4.8/54.9/5
Google Play Rating4.6/54.6/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 8 Months)

Bank of AmericaPNC
ProductAdvantage SavingsvsPNC High Yield SavingsStandard Savings
Latest APY0.01 %3.53 %0.03 %
TrendSidewaysSidewaysSideways
Slope (bps/mo)0.0-1.90.2
Rate Changes / Mo0.000.350.12
Days Since Last Change2551197
High (-8 m)0.01 %3.95 %0.03 %
Low (-8 m)0.01 %3.53 %0.01 %
Draw-down from High0.0 %-10.6 %0.0 %
Volatility (CV)0.0000.0190.331
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 8 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 (-8 m)
Highest APY in the last 256 days.
Low (-8 m)
Lowest APY in the last 256 days.
Draw-down from High
How far today sits below the 8-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.

More Comparisons

Compare Bank of America's APY of 0.01% with other banks
Bank PairCompetitor APYMin Deposit
Bank of America vs Ally Bank3.30%$0
Bank of America vs American Express3.50%$0
Bank of America vs Axos Bank4.51%$0
Bank of America vs Barclays4.10%$0
Bank of America vs Bask Bank3.90%$0
Bank of America vs BMO Alto3.25%$0
Bank of America vs BrioDirect4.00%$5,000
Bank of America vs Capital One3.40%$0
Bank of America vs Chase Bank0.01%$0
Bank of America vs Chime3.50%$0
Bank of America vs CIT Bank3.85%$100
Bank of America vs Citibank3.35%$0
Bank of America vs Citizens Access™3.35%$0.01
Bank of America vs Discover Bank3.40%$0
Bank of America vs Elevault4.08%$0
Bank of America vs EverBank4.05%$0
Bank of America vs Fitness Bank4.75%$100
Bank of America vs FNBO Direct3.00%$1
Bank of America vs Forbright Bank4.00%$0
Bank of America vs FVCbank3.85%$500
Bank of America vs GO2bank4.50%$0
Bank of America vs Ivy Bank4.25%$2,500
Bank of America vs LendingClub4.20%$0
Bank of America vs Marcus by Goldman Sachs3.65%$0
Bank of America vs Neighbors Bank4.50%$0
Bank of America vs Newtek Bank4.35%$0.01
Bank of America vs Openbank4.20%$500
Bank of America vs Peak Bank4.20%$100
Bank of America vs Pibank4.60%$0
Bank of America vs Presidential Bank4.25%$5,000
Bank of America vs Quontic Bank3.75%$100
Bank of America vs Salem Five Direct3.71%$10
Bank of America vs Santander Bank0.01%$25
Bank of America vs SoFi Bank4.30%$0
Bank of America vs Synchrony Bank3.80%$0
Bank of America vs TIMBR4.40%$1,000
Bank of America vs UFB Direct3.71%$5000
Bank of America vs Valley Direct4.10%$1,000
Bank of America vs Varo Bank5.00%$0
Bank of America vs Vio Bank4.21%$100
Bank of America vs Wealthfront4.15%$0
Bank of America vs Wells Fargo0.05%$25
Bank of America vs Zynlo Bank4.20%$10
Compare PNC's APY of 3.53% with other banks