PNC Bank Promotional Certificates of Deposit

PNC Bank promotional certificates of deposit are offered from time to time with a variety of CD terms and rates, allowing customers to choose the option that best suits their financial needs and goals. PNC Bank is a well-known financial institution that offers a wide range of investment options, including some of the best CD rates available on their promotional CD accounts. The CD accounts offer customers a fixed rate of return on their investment and a guaranteed return on their money, making them a popular choice for those looking for a low-risk investment option.

The current promotional CD rates offered by PNC Bank include:

PNC Bank Promotional Certificates of Deposit

• 9-month CD rate 0.04% APY 0.04
• 12-month CD rate 0.20% APY 0.20%
• 13-month CD rate 3.54% APY 3.60%
• 19-month CD rate 1.25%% APY 1.25%
• 25-month CD rate 1.49% APY 1.50%
• 37-month CD rate 1.74% APY 1.75%
• 61-month CD rate 1.98% APY 2.00%

PNC Bank Standard Rate Certificates of Deposit

• 1-month CD rate 0.03% APY 0.03%
• 3-month CD rate 0.03% APY 0.03%
• 6-month CD rate 0.03% APY 0.03%
• 12-month CD rate 0.20% APY 0.20%
• 18-month CD rate 0.03% APY 0.03%
• 24-month CD rate 0.03% APY 0.03%
• 36-month CD rate 0.03% APY 0.03%
• 48-month CD rate 0.03% APY 0.03%
• 60-month CD rate 0.03% APY 0.03%
• 84-month CD rate 0.03% APY 0.03%
• 120-month CD rate 0.03% APY 0.03%

As you can see from the rates listed above, the promotional CD rates are the best CD rates PNC Bank is offering right now. Of those promotional CD rates, the highest CD rate if the 13-month CD rate at 3.54% with an APY of 3.60%.

The main benefits of investing in a CD with PNC Bank is the guaranteed return on investment. Unlike other investment options such as stocks or mutual funds, CDs offer a fixed rate of return that is guaranteed by the bank. This can provide peace of mind for customers who are looking for a safe, low-risk investment option. Additionally, PNC Bank offers a variety of terms, from 3 months to 60 months, which enables customers to choose a term that best suits their investment goals and needs.

Another advantage of investing in a CD with PNC Bank is the ability to earn a higher rate of return than a traditional savings account. This is because CDs require customers to invest their money for a set period of time, usually several months or years. In exchange for this commitment, the bank offers a higher rate of return than it would on a savings account.

When it comes to the term of a CD, customers have a range of options to choose from. Short-term CDs, such as the 1-month or 3-month options offered by PNC Bank, are ideal for customers who need access to their money in the near future. On the other hand, longer-term CDs, such as the 120-month option, can provide a higher rate of return but require customers to lock up their money for a longer period of time.

PNC Bank also offers a variety of other investment options, such as savings accounts, money market accounts, and individual retirement accounts (IRAs), which can be a good choice for customers who want more flexibility with their money. Additionally, the bank's website, www.pnc.com, offers a variety of tools and resources to help customers understand the investment options and make informed decisions.

It's worth noting that PNC Bank also offers a variety of promotions and special offers on their CDs, so it's advisable to check the bank's website or speak with a representative for more information on these offers.

In summary, PNC Bank offers a wide range of investment options, including certificate of deposit (CD) accounts. These accounts offer customers a fixed rate of return on their investment and a guaranteed return on their money, making them a popular choice for those looking for a low-risk investment option. PNC Bank offers a variety of CD terms and rates, allowing customers to choose the option that best suits their financial needs and goals.