PNC High Yield Savings Account – Rate Decreased To 1.9% APY

Update 12/4/19: Rate has now decreased to 1.9%, for the best high yield savings accounts click here

Update 11/11/2018: Rate increased to 2.35% APY from 2.2% APY. Hat tip to reader Gerry. This is now the top high yield savings account.

Offer at a glance

• Interest Rate: 1.9% APY
• Minimum Balance: None
• Maximum Balance: N/A
• Availability: Looks like this excludes any state with a physical PNC branch. List of those states here.
• Hard/soft pull: Soft 
• ChexSystems: Mixed datapoints
• Credit card funding: Up to $2,000 with Visa, Discover or Mastercard
• Monthly fees: None
• U.S. Citizen: Yes, required to be a citizen to open online
• Insured: FDIC

The Offer

Direct link to offer

• PNC now offers a high yield savings account offering 1.9% APY with no requirements or monthly fees

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Our Verdict

The top high yield savings accounts are currently offering 2.25%, slightly higher than this account. There is two reasons why you might choose this account over those:

• You can fund this with a credit card, earning you rewards points or helping to meet minimum spend requirements
• Balances in this account can be used to help keep the PNC checking accounts fee free, they offer bonuses of up to $300

Hat tip to readers 9ballAJ and the other readers who previously sent this in that I have unfortunately forgotten about.