PNC Bank Standard Savings Account

PNC Bank Standard Savings Account Review

PNC Bank Standard Savings Account is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Bank Standard Savings Account are available in 19 states (and Washington, DC).

Key Takeaways

• Own a qualifying PNC checking account and meet ONE of the following requirements to earn a higher relationship rate: Set up a qualifying monthly direct deposit of$500 to a Standard Checking account. $2,000 ($1,000 for WorkPlace or Military Banking customers) to a Performance Checking account. $5,000 to a Performance Select Checking account. Or, make at least 5 qualifying purchases in a month with your PNC Debit Card or a linked PNC Visa® Credit Card.
• Low interest rate. The maximum annual percentage yield for this account is only 0.03%.
• Charges a monthly fee. This account charges a monthly service fee of up to $5, but the fee is waived if you keep a minimum balance of $300.

PNC savings account Pros & Cons

PNC savings account FAQ

Are savings accounts from PNC Bank federally insured?

Yes, your deposits 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.

Does PNC Bank offer a signup bonus?

Yes, PNC savings account offers a signup bonus.

Own a qualifying PNC checking account and meet ONE of the following requirements to earn a higher relationship rate: Set up a qualifying monthly direct deposit of$500 to a Standard Checking account. $2,000 ($1,000 for WorkPlace or Military Banking customers) to a Performance Checking account. $5,000 to a Performance Select Checking account. Or, make at least 5 qualifying purchases in a month with your PNC Debit Card or a linked PNC Visa® Credit Card.

What is the minimum initial deposit for PNC savings account?

What APY does PNC Bank Standard Savings Account offer?

PNC savings account offers a variable APY starting at 0.01% and ranging up to 0.03% (APY stands for annual percentage yield, rates may change).

What fees does PNC savings account charge?

PNC savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $300.

• Outgoing domestic bank transfers come with a $30 fee.
• Incoming domestic bank transfers come with a $15 fee.
• Outgoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $15 fee.
• PNC savings account charges a $25 fee for an early account closure. Contact PNC savings account for more details on what is considered an early closure.
• An overdraft on your account will trigger a $36 fee per item.

Does PNC savings account charge overdraft fees?

What features and perks does PNC savings account offer?

This savings account includes the following features:

• Fraud monitoring - PNC savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
• Mobile Banking Services - PNC savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to PNC savings account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for PNC savings account?

The customer support email for PNC savings account is info@pnc.com.

How do people rate the customer service and user experience of PNC savings account?

Overall, PNC savings account is strongly recommended based on community reviews that rate customer service and user experience.