Pnc vs. Salem Five Direct

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 14, 2025

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Summary of PNC vs. Salem Five Direct

Key Metrics at a Glance

FeaturePNCSalem Five Direct
Top Savings APY

3.53%

PNC High Yield Savings

3.71%

eOne Savings

Minimum to Open$0$10
Minimum Balance for Top APY$0$0.01
NoteEligibility restricted.

PNC

Strengths

  • PNC offers a High Yield Savings account with a competitive APY of 3.53%.
  • PNC has a higher App Store rating of 4.9 compared to Salem Five Direct.
  • PNC has no maintenance fees on its High Yield Savings account.

Potential Drawbacks

  • PNC's High Yield Savings APY decreased from 3.85% in the last 30 days.
  • Eligibility for PNC's High Yield Savings account is restricted.

Salem Five Direct

Strengths

  • Salem Five Direct's eOne Savings account offers a higher APY of 3.71%.
  • Salem Five Direct has no minimum balance requirement for its eOne Savings account.

Potential Drawbacks

  • Salem Five Direct's eOne Savings APY decreased from 4.01% over the past month.
  • Salem Five Direct has no physical branches.
Summary: PNC offers a High Yield Savings account with a 3.53% APY, while Salem Five Direct provides a slightly higher APY of 3.71% for its eOne Savings account. However, PNC's account has no maintenance fees and a better App Store rating of 4.9. Both banks experienced a decrease in APY over the last month, with PNC's eligibility restrictions and Salem Five Direct's lack of branches being notable drawbacks.

→ As of November 14, 2025 PNC offers an APY of 3.53% for its PNC High Yield Savings account, with a minimum balance of $0, compared to Salem Five Direct's 3.71% APY for its eOne Savings account, with a minimum balance of $0.01.

Salem Five Direct yields $18 more than PNC on a $10,000 balance after one year. PNC pays $353, while Salem Five Direct pays $371 - an APY advantage for Salem Five Direct.

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

Calculate Savings Growth for PNC vs Salem Five Direct

All calculations are based on APY.

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

Salem Five Direct - eOne Savings

Top APY: 3.71%

Total savings breakdown:

  • Interest earned: $2,248.1 (11.10%)
  • Total contributions: $13,000 (64.20%)
  • Initial deposit: $5,000 (24.69%)

Your total balance

$20,248.10

Effective APY: 3.71% (based on your deposit and contributions)

Total balance: $20,248.1

Earnings: $2,248.1

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, PNC's total earnings would be $114.9 lower than Salem Five Direct's total earnings.

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

Compare PNC's vs Salem Five Direct's Savings Accounts

PNCSalem Five Direct
ProductStandard SavingsPNC High Yield SavingsvseOne Savings
APY
0.03% (as of 11/14/2025)3.53% (as of 11/14/2025)3.71% (as of 11/14/2025)
Bundled Account
NoNoNo
FDIC-insured
YesYesYes
Online OnlyNoNoYes
Compound Frequency
MonthlyMonthlyMonthly
Minimum Deposit$0$0$10
Minimum Balance for APY$1$0$0.01
Maintenance Fee$0 / $5 (see bank for details)$0$0
Direct Deposit Required
NoNoNo
EligibilityUnited StatesAK, AR, CT, HI, ID, IA, LA, ME, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, UT, VT, WA, WYUnited States
NoteAPY may improve with a linked PNC account. Terms and conditions apply.Eligibility restricted.
App Store Rating4.9/54.7/5
Google Play Rating4.6/54.2/5
BBB RatingA+A-

Comparative Historical APY Insights (Last 8 Months)

PNCSalem Five Direct
ProductPNC High Yield SavingsStandard SavingsvseOne Savings
Latest APY3.53 %0.03 %3.71 %
TrendSidewaysSidewaysSideways
Slope (bps/mo)-1.90.2-2.0
Rate Changes / Mo0.350.120.23
Days Since Last Change11979
High (-8 m)3.95 %0.03 %4.01 %
Low (-8 m)3.53 %0.01 %3.71 %
Draw-down from High-10.6 %0.0 %-7.5 %
Volatility (CV)0.0190.3310.022
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 PNC's APY of 3.53% with other banks
Compare Salem Five Direct's APY of 3.71% with other banks
Bank PairCompetitor APYMin Deposit
Salem Five Direct vs Ally Bank3.30%$0
Salem Five Direct vs American Express3.50%$0
Salem Five Direct vs Axos Bank4.51%$0
Salem Five Direct vs Bank of America0.01%$100
Salem Five Direct vs Barclays4.10%$0
Salem Five Direct vs Bask Bank3.90%$0
Salem Five Direct vs BMO Alto3.25%$0
Salem Five Direct vs BrioDirect4.00%$5,000
Salem Five Direct vs Capital One3.40%$0
Salem Five Direct vs Chase Bank0.01%$0
Salem Five Direct vs Chime3.50%$0
Salem Five Direct vs CIT Bank3.85%$100
Salem Five Direct vs Citibank3.35%$0
Salem Five Direct vs Citizens Access™3.35%$0.01
Salem Five Direct vs Discover Bank3.40%$0
Salem Five Direct vs Elevault4.08%$0
Salem Five Direct vs EverBank4.05%$0
Salem Five Direct vs Fitness Bank4.75%$100
Salem Five Direct vs FNBO Direct3.00%$1
Salem Five Direct vs Forbright Bank4.00%$0
Salem Five Direct vs FVCbank3.85%$500
Salem Five Direct vs GO2bank4.50%$0
Salem Five Direct vs Ivy Bank4.25%$2,500
Salem Five Direct vs LendingClub4.20%$0
Salem Five Direct vs Marcus by Goldman Sachs3.65%$0
Salem Five Direct vs Neighbors Bank4.50%$0
Salem Five Direct vs Newtek Bank4.35%$0.01
Salem Five Direct vs Openbank4.20%$500
Salem Five Direct vs Peak Bank4.20%$100
Salem Five Direct vs Pibank4.60%$0
Salem Five Direct vs Presidential Bank4.25%$5,000
Salem Five Direct vs Quontic Bank3.75%$100
Salem Five Direct vs Santander Bank0.01%$25
Salem Five Direct vs SoFi Bank4.30%$0
Salem Five Direct vs Synchrony Bank3.80%$0
Salem Five Direct vs TIMBR4.40%$1,000
Salem Five Direct vs UFB Direct3.71%$5000
Salem Five Direct vs Valley Direct4.10%$1,000
Salem Five Direct vs Varo Bank5.00%$0
Salem Five Direct vs Vio Bank4.21%$100
Salem Five Direct vs Wealthfront4.15%$0
Salem Five Direct vs Wells Fargo0.05%$25
Salem Five Direct vs Zynlo Bank4.20%$10