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 Sep 11, 2026 | PNCPNC High Yield Savings Sep 11, 2026 |
|---|---|---|
| APY | 3.80% | 3.15% |
Earns in a year | $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 a competitive APY of 3.80%, which is significantly higher than PNC's best offering, the High Yield Savings account at 3.15%. Openbank's account requires a minimum deposit of $50,000 but has no direct deposit requirement and is available online only. In contrast, PNC's High Yield Savings account has eligibility restrictions to select states and requires a minimum deposit of $100. While PNC also has a Standard Savings account with an APY of up to 0.03%, it does not compete with Openbank's higher yield. Overall, Openbank's account stands out for its simplicity and better 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).
Better 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 at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $310 a year in interest.
Both Openbank and PNC advertise far more than that typical branch-bank rate.
| Feature | Openbank | PNC |
|---|---|---|
| APY | 3.80% Observed: 9/11/2026 Stable over 90 days | 3.15% Observed: 9/11/2026 0.10%90-day 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 | 2,420 (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 |
Speed of change | -0.02 | -0.12 | 0.00 |
Days Since Change | 100 | 87 | 361 |
12-Month High | 4.20% | 3.95% | 0.03% |
12-Month Low | 3.80% | 3.15% | 0.03% |
Changes per month | 0.25 | 0.49 | 0.00 |
Steadiness | 0.013 | 0.066 | 0.000 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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 | 4.00% | $0 |
| PNC vs Synchrony Bank | 3.30% | $0 |
| PNC vs Varo Bank | 3.75% | $0 |
| PNC vs Wealthfront | 3.95% | $0 |