PNC Bank offers range of certificate of deposit options with varying rates

PNC Bank offers a range of certificate of deposit (CD) options, with rates varying by location. Current fixed-term CD rates are low, ranging from 0.01% to 0.03% APY, while promotional CDs can offer higher rates, up to 4.15% APY. Promotional CDs provide better rates than standard fixed-term CDs, but availability depends on the region. PNC also offers IRA CDs, which have similar rates but different term lengths compared to standard CDs. Customers can open CDs online or at branches, with a minimum deposit of $1,000. Early withdrawal penalties apply, and rates may change based on market conditions and Federal Reserve actions.