PNC Bank CD Rates and Terms: What You Need To Know Before You Open One

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PNC Bank offers three different tiers of CD rates. Though these rates are fixed throughout the term length of the CD, the more you put into the CD, the higher the APY will be.

Here is a breakdown of the rates for PNC’s standard fixed-rate CDs:

• Balance of $1 to $999.99: APY
• Balance of $1,000 to $24,999.99: APY
• Balance of $25,000 or more: APY

PNC CD Rates: Standard CDs

PNC CD terms range from seven days to 10 years and have a tiered annual percentage yield system. Each of these in this wide range is a fixed-rate CD. When opening a CD at PNC, you get higher rates the more money you deposit into the account. PNC also offers Fixed Rate IRA CDs, which can help with tax-advantaged retirement planning.

The table below shows standard fixed-rate CD terms that are available and the APY range depending on how much money you have deposited into your CD account. 

PNC CD Rates: Promotional CDs

Aside from the array of standard fixed-rate CDs PNC offers, it also has several promotional terms from which to choose. PNC Bank offers a variety of fixed-rate and different types of CDs with promotional terms currently ranging between four months and 61 months. 

This means that at the end of your promotional term period, your CD account will automatically convert to the standard CD term that is closest to but not greater than the original CD term. Your CD rate will change to the rate applicable as found in the standard CD terms. Keep in mind that these promotional CD terms are subject to change, and interest rates may vary by location.

Types of CDs Offered by PNC Bank

PNC offers different types of CDs that accommodate different balances, term rates and flexibility.

Standard CDs

PNC Bank’s Standard CDs offer flexible terms ranging from a few months to several years, making them an excellent choice for savers with varying financial goals. These CDs typically come with competitive interest rates, which increase with longer terms, allowing you to grow your savings at a steady pace.

Jumbo CDs

Designed for those with larger deposits, PNC Bank’s Jumbo CDs require a higher minimum investment, usually $100,000 or more. In return, these CDs often provide enhanced interest rates, making them an attractive option for individuals or businesses looking to maximize their returns on significant savings.

Ready Access CDs

If liquidity is a priority, PNC Bank’s Ready Access CDs allow you to withdraw funds without penalties before the term ends, offering more flexibility than traditional CDs. This feature makes them ideal for savers who want a mix of higher returns and the freedom to access their money if needed.

Fixed-Rate CDs

PNC Bank’s Fixed-Rate CDs lock in an interest rate for the entire term. These CDs are especially appealing to long-term planners who prefer a secure and consistent way to grow their savings, regardless of market fluctuations.

Pros and Cons of PNC Bank CDs

Pros:

• Promotional CDs have high APYs
• Wide range of CD term lengths available
• Online and in-branch access available

Cons:

• $1,000 minimum deposit may be steep for some
• Automatic rollovers may not be ideal if the rate is lower than your current
• You must visit a branch to open a CD, which may be a downside for those who prefer to do all their banking online.

PNC Bank CD Rates vs. Alternatives

Before you sign up for a CD, make sure you consider other ways to grow your savings.

High-Yield Savings Accounts

If you value flexibility over fixed rates, a high-yield savings account might be a better fit, offering easy access to your funds while earning competitive interest.

Treasury Bills and Bonds

For those seeking the security of government-backed investments, Treasury bills and bonds can provide peace of mind with reliable returns.

Money Market Accounts

Looking for a mix of liquidity and higher interest? Money market accounts might offer a better balance compared to traditional CDs.

CD Laddering Strategy

Want consistent returns? A CD laddering strategy can help you maximize earnings while maintaining access to your money at regular intervals.

How To Open a PNC Bank CD

Opening a CD at PNC Bank is fairly straightforward, whether you are already a customer or want to become a new one. In general, you can follow these few simple steps to get started: 

1. Choose the type of CD that best fits your needs based on term length or desirable APY.
2. Make an appointment to apply for your preferred CD account at a PNC branch.
3. Fund the account with an initial deposit.

PNC CD Rates vs. Other Banks

Take a look at how PNC compares to other similar banks.

CD Rate Comparison

SELECTED BANK

3.1

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

PNC CD Accounts

Start Banking

MOST COMPARABLE

5.0

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Synchrony Bank CD Account

Read Review

MOST COMPARABLE

5.0

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Marcus by Goldman Sachs CD Account

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Fees

Fees

Fees

No monthly service fee

Early withdrawal penalty may apply

Early withdrawal penalty may apply

APY

APY

APY

Up to

Up to

Up to

Min Opening

Min Opening

Min Opening

$250 to $1,000

$0

$500

Is a PNC Bank CD Right for You?

Ideal for:

• Existing PNC customers — opening a new CD may be more convenient
• Those who like short-term CD term options with high yields
• Fixed rate CDs mean predictable, stable earnings

Not great for:

• Those who prefer to bank online exclusively.
• Those who might find the $1,000 minimum deposit too much of a barrier.
• Those who want the highest APY available may need to look elsewhere.

Tips for Getting the Best CD Rate at PNC Bank

If you want to find the best rate at PNC Bank, always keep an eye out on the promotional CD rates, terms and APYs, as these tend to be higher than the standard. The higher your balance is, the more you can stand to earn.

PNC Bank does have automatic rollovers on its CDs, so it’s best to keep an eye on that before the maturity date. You don’t want to rolll over your CD if the APY isn’t as lucrative as your current one or if you want to access your funds before it gets locked away into a new turn.

Knowing these can help you make the right choice when it comes to your PNC CD and making the money work hard for you.

Sarah Sharkey contributed to the reporting for this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Aug. 11, 2025.

Rates may vary by region. To verify rates in your area, check the bank’s website for details.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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