Openbank vs. PNC
Comparing Openbank and PNC for high-yield savings: Openbank's High-Yield Savings Account pays 4.00% APY while PNC's PNC High Yield Savings pays 3.25% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Openbank pays $75 more than PNC annually ($400 vs $325).
Choose Openbank if getting the best rate matters most. Choose PNC if you value in-person banking, mobile app quality matters, or you want Zelle for quick transfers.
| Metric | OpenbankHigh-Yield Savings Account Apr 7, 2026 | PNCPNC High Yield Savings Apr 7, 2026 |
|---|---|---|
| APY | 4.00% | 3.25% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$163 $10,000+$325 $25,000+$813 |
Min Deposit | $500 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Eligibility restricted to select states. |
| Features | FDIC InsuredLow MinimumsRate 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.
Executive Summary
Openbank offers a High-Yield Savings Account with a competitive APY of 4.00%, making it the clear winner when compared to PNC's highest yielding option, the PNC High Yield Savings, which has an APY of 3.25%. Openbank's account requires a minimum deposit of $500 but has no maintenance fees and does not require direct deposit. In contrast, PNC's offerings include a Standard Savings account with a minimal APY of 0.03% and a High Yield Savings account with a slightly higher APY, but eligibility is restricted to select states. Overall, Openbank provides better returns and simpler terms.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Openbank?
- ✓Higher potential APY (4.00% vs 3.25%) 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 3.1)
- ✓Higher rated Android app (4.6 vs 2.5)
- ✓Fast transfers via Zelle® (up to $2,000 a day)
— Key Feature Differences —
Better Returns at $10,000
OpenbankOpenbank's High-Yield Savings Account earns more on smaller deposits (approx. $400 vs $325/yr).
Better Returns at $25,000
OpenbankOpenbank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1000 vs $813/yr).
Best for Simplicity
OpenbankOpenbank's High-Yield Savings Account offers 4.00% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
PNCPNC offers an iOS app rated 4.9 (vs. 3.1) and Android app rated 4.6 (vs. 2.5)
Shared Benefits
Over a 1-year period, Openbank's High-Yield Savings Account pays $75 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Openbank vs. PNC Savings Calculator
You earn $75 more with Openbank 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.
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
PNC
PNC High Yield Savings
Savings Breakdown
- Interest Earned+$325.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,325.00
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 $324 per year in interest.
Both Openbank and PNC dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Openbank | PNC |
|---|---|---|
| APY | 4.00% Verified: 4/7/2026 ↘︎ 0.20%90d Change | 3.25% Verified: 4/7/2026 ↘︎ 0.05%90d Change |
| Product Name | High-Yield Savings Account | PNC High Yield Savings |
| Minimum Deposit | $500 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Monthly |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Physical Branches | None | 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 |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Limit: $2,000/dayCentral to Virtual Wallet suite. |
| BBB Rating | Not Rated | A+ |
| Important Notes | - | Eligibility restricted to select states. |
| Next Steps | Visit SiteVerify at Openbank Non-sponsored link to official site | Visit SiteVerify at PNC Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Openbank | PNC | |
|---|---|---|---|
| High-Yield Savings Account | PNC High Yield Savings | Standard Savings | |
Current APY | 4.00% | 3.25% | 0.03% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.5 | -7.8 | 0.1 |
Days Since Change | 7 | 32 | 341 |
12-Month High | 4.40% | 3.95% | 0.03% |
12-Month Low | 4.00% | 3.25% | 0.01% |
Adjustments / Mo | 0.33 | 0.41 | 0.08 |
Volatility Score | 0.023 | 0.082 | 0.164 |
How to read these metrics(Click to expand)
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare Openbank's APY of 4.00% with other banks
Compare PNC's APY of 3.25% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| PNC vs Ally Bank | 3.20% | $0 |
| PNC vs American Express | 3.20% | $0 |
| PNC vs Axos Bank | 4.21% | $0 |
| PNC vs Barclays | 3.85% | $0 |
| PNC vs Capital One | 3.20% | $0 |
| PNC vs Chime | 3.00% | $0 |
| PNC vs CIT Bank | 3.75% | $100 |
| PNC vs Discover Bank | 3.30% | $0 |
| PNC vs EverBank | 3.90% | $0 |
| PNC vs Marcus by Goldman Sachs | 3.65% | $0 |
| PNC vs Newtek Bank | 4.20% | $0.01 |
| PNC vs Pibank | 4.60% | $0 |
| PNC vs SoFi Bank | 4.00% | $0 |
| PNC vs Synchrony Bank | 3.50% | $0 |
| PNC vs Varo Bank | 5.00% | $0 |
| PNC vs Wealthfront | 4.20% | $0 |