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PNC High Yield Savings account review

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This account offers a competitive 0.8% APY — but only if you live in an eligible state.’s rating: 4.7 / 5.0


Pittsburgh-based PNC Bank has a variety of savings products to choose from, including savings accounts, money market accounts, CDs and IRAs.

Its high-yield savings account offers a competitive interest rate, free incoming wire transfers, and no monthly fees. But account availability, monthly transfers, and customer support are limited.






Minimum deposit to open


Minimum deposit to open$0
New account fee$0
Minimum balance to earn interest$1
Interest compoundingMonthly
Monthly transaction limit6
Fee per transaction over the limit$15
More Info

Expert review

Shannon Terrell

Review by

Shannon Terrell is a writer for Finder who studied communications and English literature at the University of Toronto. On any given day, you can find her researching everything from equine financing and business loans to student debt refinancing and how to start a trust. She loves hot coffee, the smell of fresh books and discovering new ways to save her pennies.

Expert review

The PNC High Yield Savings account is best for those looking for a high-interest rate account with minimal fees. You’ll earn a competitive 0.8% APY and enjoy no monthly fees and free incoming wire transfers.

However, the account is only available in states without a PNC Bank branch.

How do I open a PNC High Yield Savings account?

  1. Go to the provider’s site and follow the steps to apply.
  2. From PNC’s website, verify that this account is available in your state by entering your ZIP code. If it is, click Apply Online.
  3. Enter your full name, date of birth, email address, home address, employment information and Social Security number. Click Continue.
  4. Enter the bank account and routing number of the external account you’d like to use to fund your account. Alternatively, you can use a credit card or debit card to fund your account.
  5. You can also choose to skip this step if you’d prefer to fund your account with a mobile check deposit after enrolling in PNC online banking. Make sure to fund your account within 60 days to avoid account closure.


  • Be a US citizen
  • Be at least 18 years old
  • Have a US residential address in an eligible state
  • Have a Social Security number

Required information

  • Primary home address
  • Valid email address
  • Valid phone number
  • Social Security number
  • Driver’s license or valid state ID

What are the benefits of a savings account with PNC?

    In addition to free account statements and incoming wire transfers, you’ll also get the following perks:
  • Competitive APY. The PNC High Yield Savings account offers a 0.8% APY on all balances over $1.
  • No minimum deposit. Open a savings account with PNC without an initial deposit, but expect to fund it within 60 days or you’ll face account closure.
  • No monthly fees. The high-yield savings account doesn’t come with any monthly fees, so your savings are free to grow.

What should I look out for?

  • Limited availability. The PNC High Yield Savings account is only available in states without a PNC bank branch.
  • Limited transfers. Like many other online savings accounts, the PNC high-yield account is limited to six withdrawals and deposits monthly. Exceeding this limit may result in your savings account being replaced with a PNC checking account.
  • Limited support. Since this account is only available in states without a PNC bank branch, customer support for this account is limited to email and phone correspondence.

Limited availability

The PNC high-yield savings account is only offered in states without a PNC branch. Enter your ZIP code into PNC’s website to find out if your state is eligible.

States without a PNC branch include:

  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Hawaii
  • Kansas
  • Louisiana
  • Maine
  • Massachusetts
  • Minnesota
  • Idaho
  • Iowa
  • New Hampshire
  • New Mexico
  • North Dakota
  • Oklahoma
  • Oregon
  • Mississippi
  • Montana
  • Nebraska
  • Nevada
  • Wyoming
  • Rhode Island
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Washington

If you prefer a high-interest account that’s available in your region, you’ll want to keep looking. As always compare other options when choosing a savings account.

Compare with other savings accounts

Name Product Interest rates (APY) Fee Minimum deposit to open Interest earned
American Express® High Yield Savings
Enjoy no monthly fees and a competitive APY with this online-only savings account. Accounts offered by American Express National Bank, Member FDIC.
Axos Bank High Yield Savings
No monthly maintenance fees. No minimum balance requirements. Interest compounded daily.
Aspiration Spend & Save Account

1.00% on $0 to $10,000 but you’ll need to be enrolled in Aspiration Plus and make at least $1,000 in debit card purchases a month
$0 per month or $7 per month for Aspiration Plus ($5.75 per month if you pay annually)
Deposits are fossil fuel-free and insured by the FDIC. Enjoy a spend and save combo account with unlimited cash back rewards and a $100 bonus when you spend $1,000 in your first 60 days.
CIT Bank Money Market
A savings account with a higher-than-average rate and minimal fees.
Continental Bank High Yield Savings
Continental Bank High Yield Savings account, offered through SaveBetter, has a $1 opening deposit and earns 0.45% APY.
SoFi Money
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.

Compare up to 4 providers

How do I deposit or withdraw my money?

Access the funds within your PNC High Yield Savings account in two ways:

  • Online deposit. Transfer funds electronically between your PNC savings account and an externally linked account.
  • Mobile check deposit. Using the PNC mobile banking app for Android and iOS, deposit a check into your account using your mobile device.

How can I get in touch with customer service?

Customer support for the high-interest savings account is available in three ways:

  • Phone. Call 888-762-2265 on weekdays from 7 a.m. to 10 p.m. or Saturday and Sunday from 8 a.m. to 5 p.m. ET.
  • Email. From your online account on PNC’s website, fill out a secure online form for an email reply from customer service.
  • Social media. Reach out with a question on PNC’s Twitter account for a response from the customer support team.

Frequently asked questions

Savings account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top savings accounts and rate them one to five stars based on factors that are most important to you. These factors include: interest rates, monthly fees, minimum deposits, customer service and account features.

Read the full methodology of how we rate savings accounts.

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