|
|
| Home » PNC Bank » CD Rates |
|
|
PNC Bank CD Rates |
PNC Bank CD Rates are considered as quite profitable by most of the customers. Being one of the largest banking institutes, PNC Bank offers a wide variety of financial services and products. Certificate of Deposit is one of best savings products offered by the bank under its personal banking services. Financial experts strongly believes that a good savings or investment strategy should include a portion of the savings in FDIC insured accounts like money market accounts, savings, IRAs and CDs. Such bank accounts are completely easy to access and they offer safe and predictable growth.
PNC Bank offers attractive CDs at best possible interest rates that guarantee fast growth. For many years, CDs or Certificate of Deposits have been very popular with those individuals who are looking to save their funds. It is also the easiest way to save money if you don't require instant access to your funds. Compared to traditional savings and money market accounts, CDs usually have higher interest rates. Moreover, PNC Bank offers a range of CD terms to choose from. You can easily get the term that will suit your needs and affordability.
Depending on what you need, you can choose from a variety of CD terms that include 7 days to 10 years, 3 months or 12 months, 36 months or 60 months, 18 months, etc. All the terms come with a number of beneficial features such as FDIC security, guaranteed interest rates, and automatic renewal.
|
|
|
Moreover, some of the terms will have unique features which the customers are required to understand before obtaining them. PNC Bank also offers calculator tools to help you make an estimate of how much your CD will be worth at the time of maturity.
PNC Bank also offers fixed as well as variable rate CDs. The minimum opening amount for variable rate CD is $1,000. Minimum opening amount for 7 - 89 days term is $5,000 and that of 90 days - 10 years term is $1,000. On the other hand, Callable CDs are made available in 30 months and 60 months terms and they have above-market rates. Required minimum amount to open such terms is $10,000. Early withdrawal penalties are applied for withdrawal of balance before the maturity period. Step rate CD is another term offered by the bank that can be opened with just $2,500. The benefits offered by this term include increased rate after every 6 months and fund withdrawal in every 6 months.
For any assistance related to PNC Bank CDs, you can call at 800-762-5684 to speak with a bank representative.
Website: https://www.pnc.com/webapp/unsec/ProductsAndService.do?siteArea=/pnccorp/PNC/Home/Personal/Savings/Certificates+of+Deposit
|
Advertisement
|
|
|