PNC Bank Savings Rates: 2025
Updated
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PNC Bank is one of the largest banks in the United States, and it gets good marks for its customer service. PNC Bank savings rates are a mixed bag depending on which of its accounts you open, but it has an excellent high-yield option for those in eligible service areas.
PNC Bank's standout savings product is PNC High Yield Savings®, which has a fantastic APY. The downside is that it's only available online in eligible markets and at select PNC locations, so not everyone can open this account. PNC Bank also has its PNC Standard Savings account and a PNC S is for Savings account for kids, neither of which earn much.
The PNC Standard Savings account has a tiered APY depending on your balance and whether you qualify for relationship rates by having a linked PNC checking account.
| Account | APY | Minimum Deposit |
|---|---|---|
| PNC High Yield Savings® | 3.95% | $0 |
| PNC Standard Savings | up to 0.03% | $0 |
| PNC S is for Savings | 0.01% | $0 |
Make sure you're getting the best account for you by comparing savings rates and promotions. Here are some of our favorite high-yield savings accounts to consider.
| Account | APY | Promotion | Next Steps |
|---|---|---|---|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
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= Best
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up to 3.80%
Rate info
SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.
Min. to earn: $0
|
New customers can earn up to a $300 bonus with qualifying direct deposits!
|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
3.60%
Rate info
See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening.
Min. to earn: $0
|
N/A
|
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website. |
Open Account for Barclays Tiered Savings
On Barclays' Secure Website.
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
4.00%
Rate info
Balances less than $250,000 earn 4.00%, and balances greater than $250,000 earn 4.20%.
Min. to earn: $0
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N/A
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Open Account for Barclays Tiered Savings
On Barclays' Secure Website. |
Now that we've looked at PNC Bank savings account interest rates, here are all the details on fees, deposit and balance requirements, withdrawal limits, and the compounding schedule.
PNC High Yield Savings® has no monthly service charge, which has become a common perk with the best bank accounts. Its PNC Standard Savings and PNC S is for Savings accounts each have a $5 monthly service fee, but that drops to $0 if you meet any of the following requirements for a fee waiver:
A monthly fee for a savings account is always a drawback, considering there are so many no-fee options available. But it's at least easy enough to avoid the $5 monthly fee.
None of the PNC savings accounts have a minimum deposit requirement. This is another good perk that has become fairly common, especially among top high-yield savings accounts.
PNC's savings accounts don't have minimum balance requirements. Note that you do need a balance of at least $1 to earn interest with any of these accounts. If you're looking for a savings account that doesn't require a large amount of money, PNC is a good choice.
You may make up to six fee-free withdrawals from a PNC savings account in a monthly service period. After that, a fee of $3 will apply to each additional withdrawal. While six withdrawals is more than enough for most people, some banks have gotten rid of withdrawal limits entirely.
Interest on PNC Bank savings accounts (as well as on PNC Bank CDs) is compounded monthly. This is a standard compounding schedule that many banks follow.
PNC High Yield Savings® is a great savings account with all the important features, including a competitive APY, no monthly fees, and no minimum deposit. It's worth checking out if you're looking for a new savings account and you live in an eligible service area for it. PNC Bank savings account rates are well below the national average on its other accounts, so there's little reason to use them.
Many people are missing out on guaranteed returns as their money languishes in a big bank savings account earning next to no interest. Motley Fool Money's top savings account picks can earn you more than 10x the national average savings account rate.
At Motley Fool Money, we rate savings accounts on a five-star scale (1 = poor, 5 = best). We evaluate all savings accounts across four main criteria: annual percentage yield (APY), brand and reputation, fees and minimum requirements, and perks that really make a difference -- think ATM access, linked checking accounts, or even branch access.
Our scores are weighted as:
Learn more about how Motley Fool Money rates bank accounts.
PNC High Yield Savings® has an excellent APY that's competitive with other high-yield savings accounts. Its PNC Standard Savings and PNC S is for Savings accounts, on the other hand, earn very little.
Yes, PNC Bank offers a high-yield savings account: PNC High Yield Savings®. This account is only available online in eligible markets and at select PNC locations.
Here's how to open a savings account with PNC Bank:
If you live near a PNC branch, you can also visit one to open your account in person.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page. APYs are subject to change at any time without notice.
