High-Yield Savings Account Comparison

Discover Bank vs. PNC

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 16, 2026
Comparison of Discover Bank vs PNC savings accounts
Metric

Discover Bank

Online Savings Account

Jan 16, 2026

PNC

PNC High Yield Savings

Feb 21, 2026
APY3.30%3.30%
Est. Earnings
$5,000+$165
$10,000+$330
$25,000+$825
$5,000+$165
$10,000+$330
$25,000+$825
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
Discover Bank is part of Capital One and this account is not open to new customers.Eligibility restricted to select states.
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

Comparison Analysis

Comparing Discover Bank vs. PNC

Updated: Jan 16, 2026

Executive Summary

PNC offers a competitive High Yield Savings account with an APY of 3.30%, making it the standout product compared to Discover Bank, which has no listed products. The PNC High Yield Savings account requires no minimum deposit and has no maintenance fees, although eligibility is restricted to residents in select states including AK, AR, and CT among others. Additionally, PNC provides a Standard Savings account with a lower APY of 0.03% as an alternative. Overall, PNC's offerings present a clear advantage in terms of savings rates.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Discover Bank?

  • Available Nationwide

Why PNC?

  • Physical branch access (Multiple branches in AL, AZ, CA, CO, DE, DC, FL, GA, IL, IN, KS, KY, MD, MA, MI, MO, NJ, NM, NY, NC, OH, PA, SC, TN, TX, VA, WV, WI)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Fast transfers via Zelle® Available to New & Existing Customers
Verify At
Discover Bank

Non-sponsored link to official site

Verify At
PNC

Non-sponsored link to official site

Top Market Contenders

Barclays
3.85% APY
American Express
3.30% APY
CIT Bank
3.75% APY

Discover Bank vs. PNC Savings Calculator

Calculations based on current APY for Online Savings Account and PNC High Yield Savings
$
$

Both accounts earn exactly the same amount.

Discover Bank

Online Savings Account

3.30% APY

Savings Breakdown

  • Interest Earned
    +$330.00(3.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,330.00

Effective APY
3.30%

PNC

PNC High Yield Savings

3.30% APY

Savings Breakdown

  • Interest Earned
    +$330.00(3.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,330.00

Effective APY
3.30%

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

Still banking with Chase, Bank of America, or Wells Fargo?

On a $10,000 balance, you're missing out on at least $329 per year in interest.

Both Discover Bank and PNC dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 3.30%+ here
FeatureDiscover BankPNC
APY
3.30%
Verified: 1/16/2026
↘︎ 0.10%90d Change
3.30%
Verified: 2/21/2026
↘︎ 0.23%90d Change
Product NameOnline Savings AccountPNC High Yield Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Compound FrequencyDailyMonthly
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Physical BranchesNoneMultiple branches in AL, AZ, CA, CO, DE, DC, FL, GA, IL, IN, KS, KY, MD, MA, MI, MO, NJ, NM, NY, NC, OH, PA, SC, TN, TX, VA, WV, WI
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS4.9
Android4.6
FDIC Insured
Zelle® Support
Available
Limit: $600/dayStrict 90-day seasoning period for new accounts.
Available
Limit: $2,000/dayCentral to Virtual Wallet suite.
BBB RatingA+A+
Important NotesDiscover Bank is part of Capital One and this account is not open to new customers.Eligibility restricted to select states.
Next Steps
Visit Site

Non-sponsored link to official site

Visit Site

Non-sponsored link to official site

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricDiscover BankPNC
Online Savings AccountPNC High Yield SavingsStandard Savings
Current APY
3.30%3.30%0.03%
Trend
Stable Stable Stable
Velocity (bps/mo)
-3.4-6.80.1
Days Since Change
830260
10-Month High
3.70%3.95%0.03%
10-Month Low
3.30%3.30%0.01%
Adjustments / Mo
0.380.380.09
Volatility Score
0.0320.0730.264
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 318-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Discover Bank's APY of 3.30% with other banks
Bank PairCompetitor APYMin Deposit
Discover Bank vs Affirm3.20%$0
Discover Bank vs Ally Bank3.20%$0
Discover Bank vs American Express3.30%$0
Discover Bank vs Axos Bank4.21%$0
Discover Bank vs Bank of America0.01%$100
Discover Bank vs Barclays3.85%$0
Discover Bank vs Bask Bank0.25%$0
Discover Bank vs Betterment3.90%$10
Discover Bank vs BMO Alto3.15%$0
Discover Bank vs Bread Savings4.00%$100
Discover Bank vs BrioDirect3.75%$5,000
Discover Bank vs Capital One3.30%$0
Discover Bank vs Carver Bank4.00%$5,000
Discover Bank vs Charles Schwab Bank0.15%$0
Discover Bank vs Chase Bank0.01%$0
Discover Bank vs Chime3.00%$0
Discover Bank vs CIT Bank3.75%$100
Discover Bank vs Citibank3.20%$0
Discover Bank vs Citizens Access™3.15%$0.01
Discover Bank vs Climate First Bank4.21%$50
Discover Bank vs Colorado Federal Savings Bank4.05%$50,000
Discover Bank vs E*TRADE from Morgan Stanley3.35%$0
Discover Bank vs Elevault3.82%$0
Discover Bank vs EverBank3.90%$0
Discover Bank vs Fitness Bank4.50%$100
Discover Bank vs FNBO Direct3.00%$1
Discover Bank vs Forbright Bank3.85%$0
Discover Bank vs FVCbank4.00%$500
Discover Bank vs GO2bank4.50%$0
Discover Bank vs Ivy Bank3.85%$2,500
Discover Bank vs Jenius Bank4.05%$0
Discover Bank vs LendingClub4.00%$0
Discover Bank vs Marcus by Goldman Sachs3.65%$0
Discover Bank vs MutualOne Bank4.07%$20,000
Discover Bank vs My Banking Direct4.02%$500
Discover Bank vs Neighbors Bank4.20%$0
Discover Bank vs Newtek Bank4.20%$0.01
Discover Bank vs Openbank4.09%$500
Discover Bank vs Peak Bank4.02%$100
Discover Bank vs Pibank4.60%$0
Discover Bank vs Popular Direct3.90%$100
Discover Bank vs Presidential Bank3.75%$5,000
Discover Bank vs Quontic Bank3.50%$100
Discover Bank vs Salem Five Direct3.61%$10
Discover Bank vs Sallie Mae Bank3.85%$0
Discover Bank vs Santander Bank0.01%$25
Discover Bank vs SoFi Bank4.00%$0
Discover Bank vs Synchrony Bank3.50%$0
Discover Bank vs TD Bank2.36%$0
Discover Bank vs TIMBR4.15%$1,000
Discover Bank vs UFB Direct3.46%$5000
Discover Bank vs Upgrade3.05%$0
Discover Bank vs Valley Direct4.00%$1,000
Discover Bank vs Varo Bank5.00%$0
Discover Bank vs Vio Bank4.03%$100
Discover Bank vs Wealthfront3.95%$0
Discover Bank vs Wells Fargo0.05%$25
Discover Bank vs Zynlo Bank3.85%$10
Compare PNC's APY of 3.30% with other banks