US Bank has about 3,000 locations across 26 states. They kind of have a high minimum balance requirement to waive their monthly charges for checking accounts. Plus, their bonus CD special has high interest rates with a $1k minimum opening deposit.
Meanwhile, the PNC Bank has 2,600 branches in about 19 states, mostly in the East. Their checking account provide a special Virtual Wallet feature as well. In other words, it comes with the financial utensils and advice to help you reach your objective.
Continue reading to learn more about US Bank and PNC Bank.
BONUS LINK | OFFER | REVIEW |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $200 Cash | Review |
US Bank | PNC Bank | |
Locations | Nearly 3,000 branches
(Locator) |
Nearly 2,600 branches
(Locator) |
ATMs | Over 4,842 ATMs | About 15,000 ATMs |
Savings | 3/5 | 3/5 |
CD | 4/5 | 2/5 |
Checking | 3/5 | 4/5 |
Money Market | 3/5 | 3.2/5 |
Customer Service | 4.2/5 | 4/5 |
Mobile App | 4.2/5 | 4.2/5 |
Pros | -Promo CD with high APY -Free student account -24/7 customer service |
-Virtual Wallet tools -Relatively easy to waive fees -Free student account |
Cons | -High minimums to waive fees
-Low savings APY |
-Limited branches
-Low APY |
Bottom Line | US Bank has many financial products to provide. | PNC Bank has excellent financial tools and services. |
Comparing Both Banks
Both banks have a variety of products to choose from with pros and cons. US Bank has a special CD account with high interest rates. While PNC Bank has other accounts with lower fees.
PNC Bank has a Virtual Wallet feature with their Performance Select Checking account with a $300 bonus as well. US Bank is the country’s fifth largest bank with accounts suited for students and elders.
Different Bank Accounts
US Bank has many products to offer, however, their CD Accounts are more appealing. They have four different CD accounts to choose from: Promotional CD, CD, Step Up CD, and Trade Up CD. They all come with great interest rates and you’ll be able to start saving money with these accounts. Their accounts range from 1-60 months with maturity dates included.
With PNC Bank, they also have many checking and savings accounts to choose from. There are 3 different checking accounts you can sign up for: Performance Select, Performance Checking, and Standard Checking. Additionally, these accounts will come with a Virtual Wallet. As mentioned above, this feature will enable you to do so much with your account.
Conclusion
Now, you’ve seen the comparison of both US Bank and PNC Bank. Picking which one to invest into can be a tough decision. However, once you’ve done your research, you’ll be able to make up your mind. Keep in mind that there are high minimum balances when it comes down to US Bank’s checking accounts. Plus, PNC Bank’s CD Accounts don’t offer the same rates as US Bank.