If at a maturity date you don’t want to renew, you can always take action to withdraw or transfer the funds or change the terms of the CD. This will automatically renew your CD at maturity at the same rates and terms. You can open this account as a Multiple Maturity Fixed-Rate CD.

This allows you to work towards both your short-term and long-term savings goals. You have a wide variety of term lengths to choose from, ranging from seven days to 10 years. This Fixed-Rate CD offers just that: a fixed rate for the duration of your CD term. Typically, the longer the term length, the higher the interest rate. Luckily, CDs tend to earn at higher interest rates than regular savings accounts. You choose your account term length, make your deposit and then wait for the term to end to access your funds again. Account balances of $25,000 and above: 0.03% APYĪ certificate of deposit (CD) account offers a more structured way of saving.Account balances of $25,000 and above: 0.03% APY.PNC Bank Fixed Rate CD (Certificates of Deposit) Key FeaturesįDIC insurance up to the maximum amount allowed by lawĬurrent Rates (based on SmartAsset's NYC location) You can also set specific savings goals with your child that they can tangibly achieve. You, your child and Sesame Street® can work through activities to build basic money concepts like sharing and saving. However, PNC Bank offers these tips and resources with characters from Sesame Street®, hopefully making it more enjoyable and useful for your child. Like most children’s savings accounts, this account can help you teach your children about finances and money management. This is PNC Bank’s savings account for kids. Rates based on SmartAsset's NYC location: 0.01% APY Establish an automatic transfer (Automatic Savings) of at least $25 each month.Maintaining a minimum monthly balance of $300.PNC Bank Savings Account: PNC ‘S’ is for Savings Key FeaturesįDIC-insured deposits up to the legal limit, In addition to unlimited and free access to the bank and your money by phone, web and mobile, you’ll also receive a free PNC Banking card. That way, you can avoid heavy overdraft penalties by covering yourself with your savings account. This account relationship also allows for overdraft protection for your checking account. You can set up automatic transfers from your checking account so your savings becomes mindless. Be sure to check your agreements to know exactly what you need to do to snag the rate boost. You will also have to set up a qualifying monthly direct deposit to the linked checking account or make at least five qualifying purchases each month with your debit card or PNC Visa® credit card. You do have the opportunity to boost your rate slightly by linking a PNC checking account to your savings account. It’s important to double check your exact interest rate, too, since the bank’s rates can change by location. This account doesn’t earn at the most competitive interest rate. Plus, you’ll have access to financial education tools and resources to help you better understand and manage your money. It is advertised as the account that can help you reach your savings goal, whether that’s an emergency fund or for a special gift. This account from PNC Bank lives up to its name by providing a standard and simple approach toward savings. Account balances of $2,500 and over: 0.03% APY.Rates based on SmartAsset's NYC location. Set up an auto savings transfer of at least $25 each month from a PNC checking account.

Average monthly balance of at least $300.$5 monthly fee, waivable with one of the following Available as a CD or Premiere Money Market accountĬompare PNC Bank to Other Competitive Offers PNC Bank Savings Account: PNC Standard Savings Key FeaturesįDIC-insured deposits up to the legal limit.Perks and benefits available through account ownership.Three account options, with two interest-earning accounts.Rate boost available with account linking and higher balances.Certain accounts offer more flexibility and liquidity.Two account options, including one for kids.

Read on below to explore PNC Bank's many offerings. It includes various tools and resources to help you pay bills, save for both short-term and long-term goals, manage your paychecks and more. What stands out about PNC Bank is its Virtual Wallet® product. However, you are given a few opportunities to boost your rates through higher account balances or account relationships. At the base level, the bank doesn’t offer very high interest rates. PNC Bank offers a wide range of banking products from a simple checking account to a high-earning long-term CD.

Pnc virtual wallet interest rates