PNC Savings Account Rates

PNC Bank has been in operation since the 18th century and today, it is one of the leading commercial banking institutions in the country. It offers many products to its customers that include lending as well as savings options. The savings options include Statement Savings Account, Premium Money Market Account, Savings Max, Virtual Wallet and Health Savings Account. These accounts have numerous features that are well-suited for different kinds of customers with different needs. In the case of Statement Savings account, the minimum amount required to open an account is just $25. It also comes with unlimited deposits and three free withdrawal each month. As for Savings Max account, the minimum amount required to open an account is $100 and all balances over $10,000 earn a certain amount of interest. It also allows unlimited number of deposits to the account and it comes with ATM access, and online and telephone banking. All these accounts are a part of PNC high yield savings account which means the savings account rates are really good. Despite this good return, there are some fees and charges associated with it. For example, the bank charges a certain fee if the balance falls below $10,000 in savings max account. So, it is suggested that the investor goes through the terms and conditions before deciding to open a savings account.

The current PNC savings account rates for statement savings account is 0.05% APY for all balances. The PNC Bank savings account rates for savings max account is 0.35% for a balance of $10,000. It is 0.45% for a balance of $25,000 and 0.50% for all balances over $50,000. These PNC high interest savings accounts are popular because of their numerous features and competitive interest rates.

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