Newtek Bank vs. PNC
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Newtek BankPersonal High Yield Savings Jan 7, 2026 | PNCPNC High Yield Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.35% | 3.30% |
Est. Earnings | $5,000+$217 $10,000+$435 $25,000+$1,088 | $5,000+$165 $10,000+$330 $25,000+$825 |
Min Deposit | $0.01 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Eligibility restricted to select states. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Comparison Analysis
Comparing Newtek Bank vs. PNC
As of Newtek Bank offers an APY of 4.35% for its Personal High Yield Savings account, with a minimum balance of $0.01, compared to PNC's 3.30% APY for its PNC High Yield Savings account, with a minimum balance of $0.
Newtek Bank pays $105 more than PNC on a $10,000 balance after one year. Newtek Bank pays $435, while PNC pays $330 - an APY advantage for Newtek Bank.
In addition, PNC also offers 0.03% APY for the Standard Savings account, with a minimum balance of $1.
Why Newtek Bank?
- ✓Higher potential APY (4.35% vs 3.30%) on all balances
- ✓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)
- ✓Higher rated iOS app (4.9 vs 4.5)
- ✓Higher rated Android app (4.6 vs 4.1)
- ✓Fast transfers via Zelle® (up to $2,000 a day)
— Key Feature Differences —
Better Returns at $10,000
Newtek BankNewtek Bank's Personal High Yield Savings earns more on smaller deposits (approx. $435 vs $330/yr).
Better Returns at $25,000
Newtek BankNewtek Bank's Personal High Yield Savings pulls ahead with larger amounts (approx. $1088 vs $825/yr).
Best for Simplicity
Newtek BankNewtek Bank's Personal High Yield Savings offers 4.35% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
PNCPNC offers an iOS app rated 4.9 (vs. 4.5) and Android app rated 4.6 (vs. 4.1)
Shared Benefits
Over a 1-year period, Newtek Bank's Personal High Yield Savings pays $105 more interest on a $10,000 balance than PNC's PNC High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Newtek Bank offers a standout Personal High Yield Savings account with a competitive APY of 4.35%, providing better returns on both smaller and larger deposits without any direct deposit requirements or maintenance fees. This account is online-only and requires a minimum deposit of just $0.01. In contrast, PNC's highest yielding option, the High Yield Savings account, offers a significantly lower APY of 3.30%, with eligibility restricted to select states. PNC also has a Standard Savings account yielding 0.03%, but both options fall short compared to Newtek Bank's offering. While PNC excels in mobile app experience, Newtek Bank clearly leads in 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.
Non-sponsored link to official site
Non-sponsored link to official site
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Newtek Bank vs. PNC Savings Calculator
You earn $105 more with Newtek Bank than PNC on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Newtek Bank
Personal High Yield Savings
Savings Breakdown
- Interest Earned+$435.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,435.00
PNC
PNC High Yield Savings
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Newtek Bank | PNC |
|---|---|---|
| APY | 4.35% Verified: 1/7/2026 Stable (90d) | 3.30% Verified: 1/7/2026 ↘︎ 0.55%90d Change |
| Product Name | Personal High Yield Savings | PNC High Yield Savings |
| Minimum Deposit | $0.01 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.5 Android4.1 | iOS4.9 Android4.6 |
| Zelle® Support | Not Supported | Available Limit: $2,000/dayCentral to Virtual Wallet suite. |
| BBB Rating | A+ | A+ |
| Important Notes | - | Eligibility restricted to select states. |
| Next Steps | Visit SiteVerify at Newtek Bank Non-sponsored link to official site | Visit SiteVerify at PNC Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Newtek Bank | PNC | |
|---|---|---|---|
| Personal High Yield Savings | PNC High Yield Savings | Standard Savings | |
Current APY | 4.35% | 3.30% | 0.03% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -0.6 | -5.6 | 0.2 |
Days Since Change | 271 | 21 | 251 |
10-Month High | 4.45% | 3.95% | 0.03% |
10-Month Low | 4.35% | 3.30% | 0.01% |
Adjustments / Mo | 0.10 | 0.39 | 0.10 |
Volatility Score | 0.007 | 0.057 | 0.289 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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