What we like about PNC’s High Yield Savings

PNC Bank is an FDIC-insured bank, so the PNC High Yield Savings account has typical deposit insurance.

High APY and no monthly fees

PNC’s High Yield Savings account shines with its 3.95% APY, no minimum deposit and no monthly fees, making it easy to maintain. The account can easily be opened online and is also strictly accessed online.

It also features a Low Cash Mode in the PNC app, which alerts you to low funds. This feature helps prevent unwanted overdrafts by offering up to 24 hours to bring the account’s balance back up. The account has standard FDIC insurance.

Where it falls short

Amongst the biggest drawbacks of the PNC High Yield savings account is the restricted availability. To be eligible, you must live in select states, namely states that do not have a physical PNC branch.

If your state has a physical branch, you may only be eligible for the regular savings account, which does not offer a high rate. There are over 2,200 PNC branches in the US, so you can see how this limits availability to this specific product.

Another drawback is that PNC has an intricate fee schedule compared to other banks, including ATM fees, stop payment fees and relatively high overdraft fees.

Which states are eligible for the account?

Currently, only residents of the following states are eligible for the PNC High Yield Savings:

PNC Bank fees

While the PNC High Yield Savings account doesn’t have any monthly fees, if you make PNC your primary bank, consider these additional fees.

Compare PNC’s High Yield Savings to other top savings accounts

Narrow down top savings accounts by APYs, fees and features. Select Compare on up to four accounts for a side-by-side comparison.

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Product	Finder Score	Account type	Annual Percentage Yield (APY)	FDIC or NCUA insured amount	Minimum balance to earn interest	Minimum deposit to open	Bonus offer
Promoted Finder score 8.8 Great Uphold USD Interest Account	Finder score 8.8 Great	Savings app	Up to 4.50%	Up to $2.5 million	$1	$0	Go to site More info Compare product selection Compare	loading
Promoted Finder score 9.4 Excellent NexBank HYSA through Raisin	Finder score 9.4 Excellent	Traditional savings	4.31%	Up to $250,000	$0	$1	Top Offer Up to $500 bonus for new customers with qualifying deposits using promo code BOOST.	Go to site More info Compare product selection Compare	loading
Promoted Finder score 9.8 Excellent American Express® High Yield Savings Account	Finder score 9.8 Excellent	Traditional savings	3.60%	Up to $250,000	$0	$0	Go to site More info Compare product selection Compare	loading
Finder score 9.2 Excellent SoFi Checking and Savings	Finder score 9.2 Excellent	Traditional savings,Checking	Up to 3.80%	Up to $250,000	$0	$0	Top Offer Get up to $300 cash bonus with qualifying direct deposit. Terms apply. This offer is available until January 31, 2026.	Go to site More info Compare product selection Compare	loading
Finder score 9.4 Excellent Varo	Finder score 9.4 Excellent	Traditional savings	Up to 5.00%	Up to $250,000	$0	$0	Go to site More info Compare product selection Compare	loading
Finder score 9.2 Excellent Greenlight	Finder score 9.2 Excellent	Kids banking	Up to 6.00%	Up to $250,000	$0	$0	Go to site More info Compare product selection Compare	loading

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How we picked these

What is the Finder Score?

The Finder Score crunches over 250 savings accounts from hundreds of financial institutions. It takes into account the product's interest rate, fees, opening deposit and features - this gives you a simple score out of 10.

To provide a Score, Finder’s banking experts analyze hundreds of savings accounts against FDIC-reported national averages as a baseline. Accounts with rates well over the national average are scored the highest, while accounts with rates well below are scored low.

Read the full Finder Score breakdown

How to open a PNC high-yield savings account

To open the account, go to PNC’s high-yield savings page and first check your eligibility by inputting your zip code. If you are eligible, you will then be prompted to open the account by selecting Apply Now, and then follow the prompts to apply.

Customer reviews and ratings

PNC, like many other banks and financial institutions, doesn’t have a good customer rating on either Trustpilot or the Better Business Bureau (BBB). PNC is not BBB accredited, but does have an A+ rating, likely attributed to the bank’s response time and willingness to address customer complaints in a timely manner.

However, the bank receives a dull 1.09 out of 5 stars on the BBB. Customer complaints vary from the bank’s deposit services, lending and mortgage services, and the bank’s customer service. Many users also complain about fees.

On Trustpilot, the findings are similar, with many users complaining about online banking issues and customer service problems. Some users report issues with customer service or wait times in one of PNC’s branches.