Pearl Jam have scored their fifth number one album in the U.S. by dethroning Miley Cyrus and topping the Billboard charts themselves.
Lightning Bolt debuts at number one with 166,000 first-week sales, more than doubling second-placed Miley's Bangerz.
McCartney's acclaimed new release New enters the countdown at three with 67,000 copies sold.
Pearl Jam previously topped the Billboard 200 with Backspacer, No Code, Vitalogy and Vs.
Lightning Bolt is the group's 11th top 10 album.
Rounding out the new top five, Drake's Nothing Was the Same slips a spot to four, and The Avett Brothers debut Magpie and the Dandelion at five.
Also new to this week's top 10 Scott McCreery's See You Tonight at six and Willie Nelson's To All the Girls, which debuts at nine, giving the grizzled country legend only his second top 10 album - the 80 year old last hit the top echelon of the countdown in 1982 with Always on My Mind, according to Billboard.com.
Meanwhile, on the singles chart, Lorde lands a fourth week at number one with Royals and Katy Perry and Miley Cyrus swap places at two and three with Roar and Wrecking Ball, respectively.