PNC High Yield Savings

An online savings account designed to work
harder to help you achieve your financial goals.

-.--% APY[1]

Annual Percentage Yield (APY)


Available in eligible markets.

Features & Benefits

No Minimum Balance

Apply online. If approved, fund your account and start growing your savings.

Member FDIC

Deposits are insured up to the maximum amounts allowed by law.[2]

No Monthly Service Charges

And no charges for deposits or transfers into your High Yield Savings account.

Why Choose PNC for your High Yield Savings Account?

Trusted for 160 Years

PNC offers solutions that can help you confidently navigate your finances during any phase of life.

Let us help you gain the confidence you need to make important financial decisions for you and your family.

Learn More About Us »

Setting up, funding and accessing your funds is simple and safe:

Fund your account
with transfers from...
Minimum to open[4]  $0
Minimum balance[1]  $0
Monthly service charge  $0
Cost of online or paper statements[5]  $0

Available in eligible markets. For more information, see our detailed Consumer Schedule of Service Charges and Fees »

How to Apply and Start Saving

Step 1:
Tell us about yourself

  • You'll need a social security number and a government issued photo ID
  • You must be at least 18 years old
  • You must be a U.S. Citizen
  • We'll ask you to answer a few easy questions

Step 2:
If approved, fund your account

  • Make your first deposit:
    • You'll need online banking credentials if you want to fund from an existing PNC or external bank account
    • Or deposit checks via our mobile app after you've enrolled in PNC Online Banking[3]

Step 3:
Set up your account and save

  • Access your account from your computer, tablet or mobile device
  • Download the PNC Mobile App
  • Deposit or transfer funds into your High Yield Savings account

Manage your High Yield Savings account with our digital banking tools.

Account transfers.

Keep your savings growing with transfers into your High Yield Savings account from any external or PNC checking account.

Automatic savings plans.

Set up automatic transfers to your High Yield Savings account to add funds automatically.

Mobile check deposit.

Make deposits when and where you want using our mobile app.

Learn More

Images for illustrative purposes only.  Screen enhanced for visual purposes.

Frequently Asked Questions

Make your money work harder for you.

Apply online for a PNC High Yield Savings account. 



Looking for Something More? Checking and Savings. Together.

Try Virtual Wallet®

Earn up to 1.00% APY with relationship rates on your Growth Account in Virtual Wallet when you meet certain requirements in eligible markets.[9]


Learn More

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Important Legal Disclosures & Information

  1. Annual Percentage Yield (APY) accurate as of 7/1/20. The minimum balance to earn interest on your High Yield Savings account is $1.00.  We may refuse or return any deposit amount causing the combined balance of all of your PNC High Yield Savings accounts to exceed $5,000,000 (including any jointly owned, or in the case of an account owned by a living trust, jointly managed accounts).

    Rates and APYs may vary and may change after account opening. Fees may reduce earnings. Available in eligible markets.  Business accounts not eligible. 

  2. The amount of deposit insurance available on deposits at an insured institution depends on a number of factors, including but not limited to, ownership types and other accounts a depositor has at an institution.  For more information, visit

  3. PNC does not charge a fee for Mobile Banking. However, third party message and data rates may apply. These include fees your wireless carrier may charge you for data usage and text messaging services. Check with your wireless carrier for details regarding your specific wireless plan and any data usage or text messaging charges that may apply. Also, a supported mobile device is needed to use the Mobile Banking App. Mobile Deposit is a feature of PNC Mobile Banking. Use of the Mobile Deposit feature requires a supported camera-equipped device and you must download a PNC mobile banking app. Eligible PNC Bank account and PNC Bank Online Banking required. Certain other restrictions apply. See the mobile banking terms and conditions in the PNC Online Banking Service Agreement.

  4. Accounts remaining unfunded for a period of 60 days may be closed.  Initial deposit is limited to $250,000.  A $25 fee will be charged to accounts closed within 180 days of opening.

  5. A fee may be charged for a staff assisted statement request.

  6. When you open a new High Yield Savings account through PNC Online Banking, we will place an initial hold on the account for a period that will not exceed 5 business days, beginning with the business day on which your online application is completed (or next business day if application completed on a non-business day). Deposits made during this period will not be available during this period for any purpose. When the initial hold is removed from your account, funds from your deposits, including deposits made during the initial hold period, will be available according to the other provisions of the Consumer Funds Availability Policy within the Account Agreement for Personal Checking, Savings and Money Market Accounts.

  7. Online Banking is free to customers with an eligible account; however there may be a fee for certain optional services. We reserve the right to decline or revoke access to Online Banking or any of its services. All online banking services are subject to and conditional upon adherence to the terms and conditions of the PNC Online Banking Service Agreement.

  8. Please be advised all funds transfers are subject to your financial institution’s rules and regulations governing your accounts such as savings, custodial, IRA, loan or margin accounts.  PNC Bank is not liable or responsible for any costs or losses incurred as a result of the funds transfer requests from and to such submitted by you.

    You may not make more than a total of six (6) transfers each statement cycle from a savings or money market account to other accounts (including transfers to another account for overdraft protection) or to third parties by check, through point-of sale purchase transactions or similar debit card transactions, by pre-authorized or automatic agreements, telephone, online or similar order payable to a third person. See your account agreement for more information. Other limits may apply to your account. Excessive transactions may result in your Savings or Money Market account being changed to a Standard Checking account, which will be subject to the features and fees as described in the Consumer Schedule of Service Charges and Fees in effect at that time.  We reserve the right to suspend enforcement of these transaction limitations, at our discretion.

  9. If you make at least 5 qualifying purchases in a month with your Virtual Wallet Debit Card and/or PNC credit card included in your Virtual Wallet or set up a qualifying monthly direct deposit of at least $500 for Virtual Wallet or Virtual Wallet Student, or $2,000 ($1,000 for PNC WorkPlace Banking® or Military Banking customers) for Virtual Wallet with Performance Spend, or $5,000 for Virtual Wallet with Performance Select, you’ll earn the higher relationship rate on your Growth account for the following month. Transactions are considered to be made when the transaction posts to the Spend or credit card account, which may be later than the date you initiated the transaction.

    We will only link accounts at your direction. If you have not directed PNC to link another account to your Virtual Wallet, the accounts will not be linked and you will not receive a relationship rate, applicable waivers of monthly service charges or other relationship benefits on your unlinked PNC accounts. The requirement that you direct us to link accounts in order for you to receive benefits applies to all of your PNC accounts.

    A qualifying direct deposit is a recurring electronic deposit made by an employer or an outside agency. Transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device or the mail are not eligible to meet this requirement. A qualifying debit card purchase is defined as any debit card purchase made at point of sale using your signature or PIN, or a purchase made electronically or online using your debit card number, including recurring payments.


PNC High Yield Savings is a service mark of The PNC Financial Services Group, Inc.

Bank deposit products and services provided by PNC Bank. Member FDIC

Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.