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  PNC Bank Premiere Money Market Account

PNC Bank Premiere Money Market Account

in Money Market Accounts from PNC Bank · fdic

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PNC Bank Premiere Money Market Account

Unaffiliated

in Money Market Accounts from PNC Bank · Member FDIC

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Highlights
APY (Annual Percentage Yield) 0.03% - 1.2%
APY Minimum Balance $1
Minimum Opening Deposit Starting at $100

PNC Bank Premiere Money Market Account Review

PNC Bank Premiere Money Market Account is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Bank Premiere Money Market Account is available in 50 states (and Washington, DC).

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 1.2%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $1.
  • Charges a monthly fee. This account charges a monthly service fee of up to $12, but the fee is waived if you keep a minimum balance of $5,000.
  • Small minimum initial deposit. You only need $100 to open an account.
Pros & Cons of PNC Bank Premiere Money Market Account
Pros Cons
  • Available in all 50 states.
  • High-interest yield.
  • Does not offer mobile check deposits.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not provide a debit card.
  • Monthly service charge.
PNC Bank Premiere Money Market Account FAQ

Are money market accounts from PNC Bank federally insured?

Yes, your PNC Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for PNC money market account rates?

PNC money market account offers an APY starting at 0.03% and ranging up to 1.2% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.

PNC money market account Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.03% - 1.2%

What are the fees for PNC Bank Premiere Money Market Account?

This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $5,000.

PNC Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.

PNC Bank Premiere Money Market Account Fees
Fees Amount
Monthly Fee up to $12
Paper Statement Fee N/A
Excess Transaction Fee $15

What is the minimum balance for PNC money market account?

Minimum deposit of $100. You must make an initial deposit of at least $100 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $5,000.

Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.

What features and perks does PNC money market account offer?

This account includes the following features:

  • Fraud monitoring - PNC Bank monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - PNC money market account allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this business card is (888) 762-2265.

What is the support contact email?

The support contact email for this business credit card is info@pnc.com.

How to open an account with PNC Bank

  • Visit the PNC Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Message From PNC Bank

For more than 160 years, we have been committed to providing our clients with great service and powerful financial expertise to help them meet their financial goals. We are proud of our longstanding history of supporting not only our customers but also our communities, employees and shareholders.PNC offers a wide range of services for all our customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated your needs, we're sure to have the products, knowledge and resources necessary for financial success.

Premiere Money Market is a savings solution that provides easy money management and FDIC protection to help you achieve your goals. Plus, earn relationship rewards with higher interest rates to help you maximize your savings potential.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

APY Minimum Balance $1
Minimum Balance to Avoid Monthly Fee $5,000
Minimum Opening Deposit Starting at $100
Monthly Fee $0 - $12
Account Features
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Member FDIC
APY (Annual Percentage Yield) 0.03% - 1.2%
Dividend Compounding Frequency Monthly
Dividend Payout Frequency Monthly

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