Openbank vs. PNC
Openbank's High-Yield Savings Account pays 3.80% APY while PNC's PNC High Yield Savings pays 3.15% 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 $65 more than PNC annually ($380 vs $315).
Choose Openbank if getting the best rate matters most. Choose PNC if you value in-person banking, or you want Zelle for quick transfers.
| Metric | OpenbankHigh-Yield Savings Account Aug 19, 2026 | PNCPNC High Yield Savings Aug 22, 2026 |
|---|---|---|
| APY | 3.80% | 3.15% |
Est. Earnings | $5,000+$190 $10,000+$380 $25,000+$950 | $5,000+$158 $10,000+$315 $25,000+$788 |
Min Deposit | $500 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Eligibility restricted to select states. |
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppStable Rate | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedRate Changes Often |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Executive Summary
Openbank offers a High-Yield Savings Account with an attractive APY of 3.80%, making it the superior choice compared to PNC's High Yield Savings, which offers 3.15%. Openbank's account has no direct deposit requirement, no maintenance fees, and is available online only, making it a straightforward option for savers. In contrast, PNC's account eligibility is restricted to select states and requires a minimum balance of $100. For those seeking lower-yield options, PNC also has a Standard Savings account with an APY of 0.03%, but Openbank remains the clear winner for higher returns.
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 (3.80% vs 3.15%) 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)
- ✓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. $380 vs $315/yr).
Better Returns at $25,000
OpenbankOpenbank's High-Yield Savings Account pulls ahead with larger amounts (approx. $950 vs $788/yr).
Best for Simplicity
OpenbankOpenbank's High-Yield Savings Account offers 3.80% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Openbank's High-Yield Savings Account pays $65 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 $65 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+$380.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,380.00
PNC
PNC High Yield Savings
Savings Breakdown
- Interest Earned+$315.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,315.00
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 $314 per year in interest.
Both Openbank and PNC dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Openbank | PNC |
|---|---|---|
| APY | 3.80% Verified: 8/19/2026 ↘︎ 0.20%90d Change | 3.15% Verified: 8/22/2026 ↘︎ 0.10%90d Change |
| Product Name | High-Yield Savings Account | PNC High Yield Savings |
| Minimum Deposit | $500 | $0 |
| Min. Balance for APY | $0 | $1 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Monthly |
| In-Branch Access | No | Yes |
| Account Type | Online Only | Online & Branches |
| Physical Branches | Not reported | 2,418 (AL, AZ, CA, CO, DC, DE, FL, GA (+20 more)) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA 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 | 3.80% | 3.15% | 0.03% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -1.8 | -12.8 | 0.0 |
Days Since Change | 80 | 67 | 360 |
12-Month High | 4.20% | 3.95% | 0.03% |
12-Month Low | 3.80% | 3.15% | 0.03% |
Adjustments / Mo | 0.25 | 0.50 | 0.00 |
Volatility Score | 0.012 | 0.069 | 0.000 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Openbank vs...
Comparing against Standard Savings
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare Openbank's APY of 3.80% with other banks
Compare PNC's APY of 3.15% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| PNC vs Ally Bank | 3.00% | $0 |
| PNC vs American Express | 3.00% | $0 |
| PNC vs Axos Bank | 4.21% | $0 |
| PNC vs Barclays | 3.65% | $0 |
| PNC vs Capital One | 3.50% | $0 |
| PNC vs Chime | 3.75% | $0 |
| PNC vs CIT Bank | 3.75% | $100 |
| PNC vs EverBank | 3.90% | $0 |
| PNC vs Marcus by Goldman Sachs | 3.40% | $0 |
| PNC vs Newtek Bank | 4.20% | $100 |
| PNC vs Pibank | 4.10% | $0 |
| PNC vs SoFi Bank | 3.80% | $0 |
| PNC vs Synchrony Bank | 3.30% | $0 |
| PNC vs Varo Bank | 3.75% | $0 |
| PNC vs Wealthfront | 3.95% | $0 |