Logo by PNC; Illustration by Hunter Newton/Bankrate
PNC Bank offers CDs with 11 standard terms and eight promotional terms, giving customers a lot of flexibility to meet their short- and long-term savings goals. Though PNC Bank offers tiered rates for higher balances, its yields can be beat by almost any online bank.
PNC Bank earned 3.7 stars out of 5 for its CDs and an overall rating of 4.1 stars out of 5 in Bankrate’s analysis.
PNC Bank earned 3.7 stars out of 5 for its CDs and an overall rating of 4.0 stars out of 5 in Bankrate’s analysis.
PNC CD rates
Here’s a closer look at the fixed-rate CDs that PNC offers. Rates vary by location. The rates listed below are for New York City. The $1-$999.99 tier is only for renewal.
1-month CD
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 1 month | 0.01% | $1-$999.99 |
| Fixed rate CD | 1 month | 0.02% | $1,000-$24,999.99 |
| Fixed rate CD | 1 month | 0.03% | $25,000 and more |
3-month CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 3 months | 0.01% | $1-$999.99 |
| Fixed Rate CD | 3 months | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 3 months | 0.03% | $25,000 and more |
6-month CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 6 months | 0.01% | $1.00-$999.99 |
| Fixed Rate CD | 6 months | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 6 months | 0.03% | $25,000 and more |
1-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 1 year | 0.01% | $1-$999.99 |
| Fixed Rate CD | 1 year | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 1 year | 0.03% | $25,000 and more |
18-month CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 18 months | 0.01% | $1-$999.99 |
| Fixed Rate CD | 18 months | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 18 months | 0.03% | $25,000 and more |
2-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 2 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 2 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 2 years | 0.03% | $25,000 and more |
3-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 3 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 3 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 3 years | 0.03% | $25,000 and more |
4-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 4 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 4 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 4 years | 0.03% | $25,000 and more |
5-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 5 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 5 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 5 years | 0.03% | $25,000 and more |
7-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 7 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 7 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 7 years | 0.03% | $25,000 and more |
10-year CDs
| Account | Term | APY | Balance required to earn interest |
|---|---|---|---|
| Fixed Rate CD | 10 years | 0.01% | $1-$999.99 |
| Fixed Rate CD | 10 years | 0.02% | $1,000-$24,999.99 |
| Fixed Rate CD | 10 years | 0.03% | $25,000 and more |
Note: Annual percentage yields (APYs) shown are as of July 2, and may vary by region for some products.
PNC also offers several promotional-rate CDs. The highest promotional rate offered is 5.15 percent APY on a four-month CD with a balance of at least $1,000.
How PNC’s CD rates compare with top-yielding banks
PNC offers a large selection of CD terms, but they pay low yields. You can find higher rates on one-year CDs at many online banks, including:
Be sure to compare CD rates at several banks before deciding where to put your money to help you lock in the highest returns and meet your financial goals faster. Minimum deposit requirements vary from bank to bank, so review the account agreement to avoid any unwanted penalties or fees.
Other savings options at PNC
PNC offers a Standard Savings account, a Virtual Wallet combined checking and savings account with standard and relationship rates, and a Premiere Money Market accounts.
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