PNC High Yield Savings

PNC's High Yield Savings account features a strong APY with no required balance. Sounds too good to be true, right? Read on to know all the details.

PNC Bank's High Yield Savings account has an impressive APY for savers to enjoy.

You can also manage and grow your money through their seamless online banking platforms, making them a convenient choice.

However, not everyone is eligible to sign up for their high-yield savings account. Read on to find out more.

What Is PNC High Yield Savings

PNC Bank's High Yield Savings account boasts a high 3.25% APY with no minimum balance. Among their various savings products, this one has the highest APY rate.

They have no minimum opening deposit or monthly maintenance fees, meaning you won't have to worry about any surprise charges.

Your money is also secure with them because they are FDIC-insured up to the maximum amount allowed by law.

If you're interested in making your money work harder, PNC's High Yield Savings account is a good option.

Fees To Look Out For

Though PNC has no monthly charges, they do have fees for the following services and transactions:^[1]

• $25-$30 for outgoing domestic wire transfers
  
• $40-$50 for outgoing international wire transfers
  
• $15 for incoming international wire transfers
  
• $3 for every excess transaction past the 6-transfer limit

Digital Banking Features

Since PNC's high yield savings account is mostly online, they offer various digital banking services for your convenience.

You can do a lot of things through the PNC website and mobile app, such as accessing your account, checking your balance, transferring money, and the like.

If you want to save money more efficiently, you can also set up PNC's auto-savings plan, which will automatically transfer funds from your PNC checking account to your savings account.^[2]

Pros and Cons

Pros

• Competitive APY on entire balance
  
• No monthly fees or service charges
  
• No minimum opening deposit
  
• Comes with ATM card and access

Cons

• Not available in all states
  
• Limited to 6 transfers per billing statement

Who Is Eligible to Open a PNC High Yield Savings Account?

Only those who live in the following states are eligible to open a PNC High Yield Savings account: AK, AR, CT, HI, ID, IA, LA, ME, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, UT, VT, WA, and WY.

Who Should Open a PNC High Yield Savings Account?

PNC Bank's High Yield Savings account is best for those who want a good APY rate with no minimum balance. This is because you can save money at your own pace and still earn interest.

It is also a good option for consumers who want a great digital banking experience along with access to ATMs across the US.

Is PNC Safe?

Yes, PNC is a safe bank for your money. They are a member of the FDIC (Certificate #6384), which means deposits are insured up to $250,000 per depositor, per ownership category.

How PNC High Yield Savings Compares to Other Banks

PNC's High Yield Savings account offers a high APY, especially compared to traditional banks. But how does it stack up against other online options? Check out the table below:

	Get Deal	Get Deal	Get Deal
	PNC Bank: High Yield Savings Account - 3.25% APY	CIT Bank Platinum Savings - 3.75% APY	Ally Bank: Online Savings Account - 3.00% APY
	SPECIAL OFFER High Yield Savings Account - 3.25% APY - Learn More	SPECIAL OFFER CIT Bank Platinum Savings - Learn More	SPECIAL OFFER Online Savings Account - 3.00% APY - Learn More
	Summary
	$0 opening deposit No fees to open or maintain account $1 minimum balance to earn interest Only available online in eligible markets or at select PNC locations	3.75% APY with a balance of $5,000 or more 0.25% APY with a balance of less than $5,000 $100 minimum opening deposit No monthly maintenance fee Member FDIC	$0 minimum opening deposit. No minimum balance requirement. No fees to open or maintain account.
APY	3.25%	3.75% APY with a balance of $5,000 or more	3.00%
Minimum Deposit to Open	$0	$100	$0
How to Get Highest APY		Maintain a balance of $5,000 or more
Monthly Fee	$0	$0	$0
	Get Deal	Get Deal	Get Deal
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Use this calculator to compare your potential earnings with PNC and other high-yield accounts.

Compare High-Yield Savings

Member FDIC

CIT Bank Platinum Savings - 4.10% APY Boost

With 6 month boost, you earn:

Tier	Boost APY
Balance over $5,000	4.10%*
Balance less than $5,000	0.60%*

After boost is completed, you will continue to earn our best standard rates:

Tier	APY
Balance over $5,000	3.75%1
Balance less than $5,000	0.25%1

• Needs to use promo code to qualify: CITBoost
• Boost lasts 6 months over standard APY
• Tiered account
• $100 minimum account opening
• Member FDIC
• No Monthly Service fees
• No account opening fees

Get APY Boost Promotion

Read Review

Expires 6/30/2026

Disclosures

Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance.

*APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.

For complete list of account details and fees, see our Personal Account disclosures.

High-Yield Savings Premier - 3.80% APY

• No account fees
• Option to open individual or joint account
• FDIC insured up to $250,000 per depositor
• Only $500 minimum opening deposit

The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC

Learn More

Read Review

High Yield Savings Account - 3.86% APY

• $1 minimum deposit
• No fees
• 24/7 online access to funds
• FDIC insured

Get Deal

Read Review

Other PNC Savings Products

Aside from High Yield Savings, PNC Bank offers other savings products: Virtual Wallet Growth, which is part of the Virtual Wallet bundle, Standard Savings, S is for Savings, and Premiere Money Market account, which is available in select markets.

PNC's Virtual Wallet is a combination of online checking and savings accounts in one that allows you to earn interest. It's best for those who want a one-stop shop for all their financial management needs.

PNC's Standard Savings is their most basic savings account. Though the rates are low, it serves as a good option for those in the early stages of their budgeting journey.

PNC's S is for Savings account is an online banking experience for children. It aims to teach kids how to manage their finances in a simple, fun, and interactive way.

PNC's Premiere Money Market account is a relationship-based savings account and is accessible only in eligible markets. You can earn higher rates when you link to a select PNC checking account and meet transactional requirements.

Bottom Line

PNC's High Yield Savings account features a competitive APY rate with no minimum balance required. It is a great option for those with limited funds but still want to earn interest.

They also have a good digital banking system that allows you to manage your finances wherever you are. The downside is this product is limited to certain states only.

So, if you are eligible to get a PNC High Yield Savings account, make sure to check it out!

References