Get up to $300 from PNC Bank with a New Checking Account
PNC Bank has a new nationwide offer that can get you either a $200 or $300 bonus. This bonus is usually limited to only a few states. Let’s check the details.
The Offers
Earn $300 with a new Virtual Wallet with Performance Select if you complete the following requirements within 60 days:
- Establish total qualifying direct deposit(s) of $5,000 or more to your new account
- Make at least 10 purchases with the PNC Bank Visa Debit Card linked to your new account
Earn $200 with a new Virtual Wallet with Performance Spend if you complete the following requirements within 60 days:
- Establish total qualifying direct deposit(s) of $2,000 or more to your new account
- Make at least 10 purchases with the PNC Bank Visa Debit Card linked to your new account
Key Terms
- Offer ends June 30th, 2018
- You will only be considered for one reward amount, which is based on the product type you open.
- New account will not be eligible for offer if any signer has signing authority on an existing PNC Bank consumer checking account or has closed an account within the past 90 days, or has been paid a promotional premium in the past 12 months.
- Soft pull
- Credit card funding up to $2,000 with a Visa or MasterCard credit card
Account Fees
Virtual Wallet with Performance Select ($300 Bonus) has a $25 monthly fee that can be waived with any of the following options:
- Average monthly balance of $5,000 or more
- Qualifying direct deposits of $5,000 or more
- $25,000 in linked eligible accounts
Virtual Wallet with Performance Spend ($200 Bonus) has a $15 monthly fee that can be waived with any of the following options:
- Average monthly balance of $2,000 or more
- Qualifying direct deposit of $2,000 or more
- $15,000 in linked eligible accounts
There’s also a $25 fee for both accounts if you close them within 180 days.
Conclusion
We have seen this offer a couple of times a year, but it is usually limited to some states only. This time around it looks like there’s no restrictions. This is a great bonus if you can manage the $5,000 direct deposit. A simple ACH transfer has worked for me in the past. On top of that you can fund with a credit card for up to $2,000 so that should be a bonus of at least $40 on its own. Just make sure to set your cash advance limit lower than $2,000 to be safe.
HT: Doctor of Credit
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PNC is the worst. I had to waste a ton on time making phone calls to get the promised bonus for my checking account and the PNC credit card sign up bonus still hasn’t posted to my account since December 2017! I have called a dozen times and the CSR are useless.
Do you or anyone else know if a transfer from Chase will satisfy the direct deposit requirement?