Available in many states, PNC Bank High Yield Savings Account is offering a staggering 3.95% APY Rate.
Update 12/23/24: The rate has decreased to 3.95% APY from 4.15%.
About PNC Bank High Yield Savings
PNC Bank is headquartered in Wilmington and is the largest bank in the state of Delaware. It is also the 6th largest bank in the nation.
It was established in 1804 and has grown to 51,820 employees at 2,463 locations.
I’ll review PNC Bank below.
| Balance Requirement | APY Rate |
| $1 to $5,000,000 | 3.95% APY |
PNC Bank High Yield Savings Rate
You earn PNC Bank’s competitive rate on any balance up to $5,000,000. There isn’t even a minimum opening deposit so enjoy earning the high rate on all balances.
- Learn More at PNC Bank
- Account Type: High Yield Savings Account
- Interest Rate: 3.95% APY
- Minimum Balance: $1
- Maximum Balance: $5,000,000
- Availability: Nationwide, excludes states with branches (Bank Locator)
- Credit Inquiry: Soft pull
- Opening Deposit: None
- Credit Card Funding: Up to $2,000
- Monthly Fee: None
- Additional Requirements: See below
- Early Termination Fee: $25 fee if closed with in 180 days of account opening
(at PNC Bank)
| AlumniFi Credit Union Savings (4.75% APY) | SoFi Checking & Savings ($325 Bonus + 3.80% APY) |
| Upgrade Premier Savings (4.15% APY) | Discover® Bank Savings (Up to $200 Bonus + 3.70% APY) |
| CIT Bank Platinum Savings (4.00% APY) | Harborstone Credit Union Money Market (4.30% APY) |
| FVCbank Advantage Direct Savings (4.55% APY) | Live Oak Bank Savings (4.10% APY) |
PNC Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | $75K | $75K | $75,000 WITHDRAWAL MAX per month |
| Pull | ? | $250K | $250K | Unlimited number of linked accounts |
- You can transfer $250,000 into your PNC High Yield Savings account and $75,000 out of your PNC High Yield Savings account per month.
How to Earn PNC Bank Rate
- Open a High Yield Savings from PNC Bank
- Make your opening deposit of at least $1.00 into your account by:
- Funding from an existing PNC or external bank account OR
- Use your credit card or debit card to fund your account OR
- Deposit checks via their mobile app
Why You Should Sign Up For This Account
- Open and earn with just $1
- Earn 3.95% APY rate on balances up to $5,000,000
- Provides a wide range of services
- FDIC Insures up to $250,000
Bottom Line
Check out PNC Bank and open a High Yield Savings account with this amazing rate!
The fact that you can earn a high rate with no minimum balance makes this Savings Account worthwhile.
For more bank offers, see the complete list of Best Bank Rates! For more, see our list of the latest banking offers from PNC Bank.
If you are interested in a new bank promotion, take a look at our favorite banks including U.S. Bank, Bank of America, Chase Bank, Huntington Bank, Discover Bank, TD Bank, Fifth Third Bank, or CIT Bank.
Check back often to see the latest info on PNC Bank High Yield Savings Account.
Let us know about your experience with this bank and comment below.
Its APY is 1.25% today.
PNC sux. Worst customer service i’ve ever encountered in any product.
yep. Just learned about this hidden restriction after getting transferred from one incompetent “consultant” to the next. And good like trying to get a Wire Transfer completed. I’ve been on hold for 30+minutes
PNC is a horrible bank with horrible customer service. I will never bank here again.
Except the state where there is a PNC bank??????
WARNING TO HIGH BALANCE DEPOSITORS: You are only allowed to withdraw $75,000. per month from this PNC account. So, for example, if you have a $300,000 balance and want to withdraw it would take you 4 months to withdraw! NOTE: Initial deposit limited to $50,000. – subsequent deposits up to $250,000.
“We are unable to accept online applications from non-U.S. citizens at this time. Thank you for choosing PNC Bank.”
Sorry, but your links are not working correctly.
It seems to me the $50k is for initial funding only.
Initial Funding
Transfer funds, up to $50,000 from any account. You will need the routing and account numbers. You will enter this information during the application process.[7]
Ive entered my CO zip with no issues.
DENVER, 80205 works.
I’m inquiring about the $5M max.
It states deposits are limited to “up to $50k”, does that mean you can only deposit $50k at a time? Or $50k total? Im confused as to the process of depositing more than $50k?
Yeah, it finally worked for me when I entered 90210 (Beverly Hills, CA, as everyone of a certain age knows). None of the other ZIPs I entered, all of them in the states listed above (and in PNC territory) worked. PNC is nowhere near California, and yet 90210 works?
FWIW, northern CA doesn’t seem to work, either (my wife’s from there, so that could’ve worked). I think this is targeted to people well OUTSIDE PNC’s network. I’m an existing customer in Maryland, and would LOVE these rates from a bank where I already have a relationship, but I guess I’ll just continue looking elsewhere.
I added a zip code from Southern California. Says I’m eligible for the rate.
Nope, this isn’t available anywhere. It asks your zip code, and I’ve entered several different ones from the states listed above. No dice.