PNC vs. Salem Five Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | PNCPNC High Yield Savings Jan 7, 2026 | Salem Five DirecteOne Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.30% | 3.61% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$181 $10,000+$361 $25,000+$903 |
Min Deposit | $0 | $10 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing PNC vs. Salem Five Direct
As of PNC offers an APY of 3.30% for its PNC High Yield Savings account, with a minimum balance of $0, compared to Salem Five Direct's 3.61% APY for its eOne Savings account, with a minimum balance of $0.01.
Salem Five Direct pays $31 more than PNC on a $10,000 balance after one year. PNC pays $330, while Salem Five Direct pays $361 - an APY advantage for Salem Five Direct.
In addition, PNC also offers 0.03% APY for the Standard Savings account, with a minimum balance of $1.
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 Android app (4.6 vs 4.2)
Why Salem Five Direct?
- ✓Higher potential APY (3.61% vs 3.30%) on all balances
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
Salem Five DirectSalem Five Direct's eOne Savings earns more on smaller deposits (approx. $361 vs $330/yr).
Better Returns at $25,000
Salem Five DirectSalem Five Direct's eOne Savings pulls ahead with larger amounts (approx. $903 vs $825/yr).
Best for Simplicity
Salem Five DirectSalem Five Direct's eOne Savings offers 3.61% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
PNCPNC offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.6 (vs. 4.2)
Shared Benefits
Over a 1-year period, Salem Five Direct's eOne Savings pays $31 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
Salem Five Direct offers a competitive eOne Savings account with a higher APY of 3.61%, making it the top choice for savers looking for simplicity and better returns on their deposits. In contrast, PNC's High Yield Savings account provides a lower APY of 3.30%, with eligibility restricted to select states. While PNC offers a Standard Savings account with a 0.03% APY, it is significantly less attractive than Salem Five's offering. Both banks have no maintenance fees and do not require direct deposits, but Salem Five Direct operates online-only, whereas PNC has a broader service model.
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
Top Market Contenders
PNC vs. Salem Five Direct Savings Calculator
You earn $31 more with Salem Five Direct 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.
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
Salem Five Direct
eOne Savings
Savings Breakdown
- Interest Earned+$361.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,361.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | PNC | Salem Five Direct |
|---|---|---|
| APY | 3.30% Verified: 1/7/2026 ↘︎ 0.55%90d Change | 3.61% Verified: 1/7/2026 ↘︎ 0.40%90d Change |
| Product Name | PNC High Yield Savings | eOne Savings |
| Minimum Deposit | $0 | $10 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.6 | iOS4.7 Android4.2 |
| Zelle® Support | Available Limit: $2,000/dayCentral to Virtual Wallet suite. | Available Uses shared Salem Five mobile platform. |
| BBB Rating | A+ | A- |
| Important Notes | Eligibility restricted to select states. | - |
| Next Steps | Visit SiteVerify at PNC Non-sponsored link to official site | Visit SiteVerify at Salem Five Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | PNC | Salem Five Direct | |
|---|---|---|---|
| PNC High Yield Savings | Standard Savings | eOne Savings | |
Current APY | 3.30% | 0.03% | 3.61% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -5.6 | 0.2 | -4.0 |
Days Since Change | 21 | 251 | 21 |
10-Month High | 3.95% | 0.03% | 4.01% |
10-Month Low | 3.30% | 0.01% | 3.61% |
Adjustments / Mo | 0.39 | 0.10 | 0.29 |
Volatility Score | 0.057 | 0.289 | 0.039 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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