PNC Bank vs Bank of America: Which Is Better? Archives

PNC Bank has branches from coast to coast. There is of a variety of checking and savings account options with differing perks, but they are known for the budgeting tools such as the Virtual Wallet! However, PNC Bank does have lower APY on their accounts with limited branches. If the fees are a bit much, no worries as there is a free checking account option.

While Bank of America is one of the most well known banks in the U.S. with more than 5,000 locations and 16,000 ATMs nationwide. They offer many different accounts: checking, savings, CDs, IRA and investment accounts through Merrill Edge.

Continue reading below to see a side-by-side comparison between the two banks, so you can see which one offers the services you need the most


	PNC Bank	Bank of America
Locations	Nationwide (Locator)	Over 5,000 locations (Locator)
ATMs	Nearly 18,000 PNC and Partner ATMs Coast to Coast	Over 1,800 ATMs
Savings	3/5	3/5
CD	2/5	2/5
Checking	4/5	2.5/5
Money Market	3.5/5	N/A
Customer Service	4/5	4/5
Mobile App	4.5/5	4.5/5
Pros	-Virtual Wallet tools -Relatively easy to waive fees -Free student account	-National availability -Extended customer service hours -Full service bank
Cons	-Limited Branches -Low APY	-No free checking option – Low interest rate -Many miscellaneous banking fees
Bottom Line	PNC Bank offers many options for checking and savings accounts with a variety of budgeting tools.	Bank of America operates nationwide offering many account options like checking, savings, and more!

PNC Bank Promotions

Bottom Line

Which Bank is Better: PNC Bank or Bank of America?

In summary:

PNC Bank offers a variety of deposit account options and budgeting tools. In addition, PNC Bank’s mobile app is worth mentioning.
Bank of America has many account options and their user friendly interface and mobile app is noteworthy. They offer lower interest rates!

For more variety of options, see our list of the best bank account bonuses & savings account offers.