PNC Bank vs Bank of America
PNC Bank is an east Coast bank with advanced financial tools to help achieve goals. How does it compare to Bank of America? Read our comparison chart below.
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.
While Bank of America is one of the largest banks in the U.S. with over 5,000 locations and 16,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare PNC Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
PNC Bank | Bank of America | |
|---|---|---|
High Yield Savings Account - 0.50% APY - | Advantage Plus Banking Checking Account - $100 Bonus - | |
Benefits and Features | ||
| Savings | 0.01% APY (0.02% APY - 0.03% 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. | 0.01% APY (up to 0.05% if enrolled in Preferred Rewards). $8 monthly maintenance fee, unless you have 1) daily balance of $500, 2) are a Bank of America Preferred Rewards Client, or 3) link your Rewards Savings Account to your Interest Checking Account. Minimum deposit of $100. |
| CD | 0.01% - 0.04% APY. Minimum deposit $1,000 - $10,000 (depending on account type and term). Terms range from 7 days to 10 years. | Standard Term CD: 0.03% APY. Terms of 28 days to 10 years. Minimum deposit of $1,000. Featured CD: 0.05% APY. Terms of 7, 10, 13, 25, and 37 months. Minimum deposit of $10,000. |
| Money Market | 0.02% 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 | Mon-Fri 7:00 am - 10:00 pm, (ET) Sat & Sun 8:00 am - 5:00 pm (ET) | Mon-Fri: 8am - 9pm (ET) Sat: 8am - 8pm (ET) Sun: 8am - 5pm (ET) |
| ATMs | 15,000 ATMs across 37 states and the District of Columbia. | Over 16,000 ATMs around the country. |
| IRA CD | 0.01% - 0.04% APY. Minimum deposit $1,000 - $10,000 (depending on account type and term). Terms range from 6 months to 10 years. | Standard Term CD: 0.03% APY. Terms of 6 month to 10 years. Minimum deposit of $1,000. Featured CD: 0.05% APY. Terms of 7, 10, 13, 25, and 37 months. Minimum deposit of $2,000. |
| Locations | 2,400 PNC branches across 20 states. | 4600 retail financial centres around the country and brances in more than 40 other countries. |
CreditDonkey® Reviews | ||
| Savings |   | |
| CD | | |
| Checking | |  |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | East Coast bank with advanced financial tools to help achieve goals... | National bank with widespread accessibility and wide range of services... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. PNC Bank: Pricing information from published website as of 1/16/2021. based on 19899 zip code. Bank of America: Pricing information from published website as of 1/23/2021. based on 91107 zip code. | ||
Which is Better: PNC Bank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing PNC Bank or Chase.
In short: PNC Bank's checking is worth mentioning.
Articles on PNC Bank
PNC Bank
PNC Routing Number
Articles on Bank of America
Bank of America Review
Bank of America Routing Number
Which Do You Think is Best?
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