Discover Bank vs PNC Bank

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to PNC Bank? Read our comparison chart below.

Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms and have a minimum deposit of $2,500. In addition, Discover offers checkback checking. There are no service fees.

While PNC Bank has 2,600 branches in 19 states mostly on the East. Checking accounts offer a unique Virtual Wallet feature with financial tools to help achieve goals. Account fees are easily waived by meeting account balance or direct deposit requirements.

Compare Discover Bank with PNC Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Discover Bank	PNC Bank


	SPECIAL OFFER Online Savings Account - Earn 1.85% APY - Learn More Read Discover Bank Review	SPECIAL OFFER Virtual Wallet with Performance Select Checking - $300 Cash Bonus - Learn More Read PNC Bank Review
	Benefits and Features
Savings	1.85% APY. No fees and no minimum deposit.	0.01% APY (0.05% APY - 0.10% APY Relationship rates) minimum deposit of $25. $5 monthly service charge unless you have 1) $300 monthly average monthly balance, or 2) if you are under 18 years old, or 3) set up an Auto Savings transfer of $25 or more each month from your PNC Checking account to your Savings account; 2.00% APY High Yield Savings. No minimum balance. No minimum deposit. $0 Monthly charge. Minimum balance to earn interest is $1.00.
CD	0.35% to 2.40% APY. Terms of 3 months to 10 years. 12-month CD APY of 2.20%. Minimum deposit of $2,500 to open.	0.04% - 1.00% APY. Minimum deposit $1,000 - $10,000 (depending on account type and term). Terms range from 7 days to 10 years.
Checking	Earn 1% cashback on up to $3,000 in debit card purchases each month. No fees and no minimum deposit.
Money Market	1.70% APY under $100,000; 1.76% APY $100,000 or more. No fees. $2,500 minimum deposit.	0.02% - 0.16% APY. Minimum deposit is $100. Maximum deposit is $10,000. Monthly service charge of $12 unless you have $5,000 average monthly balance.
Customer Service	24/7	Mon-Fri 7:00 am - 10:00 pm, (ET) Sat & Sun 8:00 am - 5:00 pm (ET)
ATMs	Over 60,000 no-fee ATMs	15,000 ATMs across 37 states and the District of Columbia.
IRA CD	12-month CD APY of 2.20%. 24-month CD APY of 2.25%. 5-year CD APY of 2.30%.	0.04% - 1.00% APY. Minimum deposit $1,000 - $10,000 (depending on account type and term). Terms range from 7 days to 10 years.
Locations	Online Only	2,400 PNC branches across 20 states.
	CreditDonkey® Reviews

Savings
Checking
Money Market
Customer Service
Mobile App
CD
Pros & Cons	Pros: High yield Cashback checking 24/7 customer service Cons: No interest checking $2,500 minimum deposit for CDs	Pros: Virtual Wallet tools Relatively easy to waive fees Free student account Cons: Limited branches Low APY
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review	East Coast bank with advanced financial tools to help achieve goals... Read full review

	Online Savings Account - Earn 1.85% APY Discover Online Savings - $150 Cash Bonus Discover Online Savings - $200 Cash Bonus	Virtual Wallet with Performance Select Checking - $300 Cash Bonus Performance Select Checking - $300 Cash Bonus Virtual Wallet with Performance Spend Checking - $200 Cash Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information from published website as of 10/17/2019 PNC Bank: Pricing information from published website as of 10/19/2019 based on 19899 zip code.

Which is Better: Discover Bank or PNC Bank?

Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing Discover Bank or Chase.

In short: Discover Bank's savings, money market, and customer service are worth mentioning. In particular, the money market and customer service are outstanding.

Articles on Discover Bank

Discover Bank

Discover offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account.

Discover CD Rates

Discover Bank's CD account offers high rates and no hidden fees. But is the term length worth it? Read this in-depth review before you open an CD

Discover Checking Review

With Discover Bank's Cashback Debit account, you'll pay no fees and earn money for purchases. Learn more about these benefits—and some downsides—in our guide.

Discover Bank vs Marcus

Discover Savings Review

Discover Bank online savings account offers a high interest rates and no monthly fees. But is it the right place for your money? Read on to find out, plus the best way to open an account.

Articles on PNC Bank

PNC Bank

PNC Bank has relatively low requirements to waive fees and offers many financial tools to help you meet savings goals. Read on to see if this East Coast bank is right for you.