Get up to $300 from PNC Bank with a New Checking Account

Get up to $300 from PNC Bank with a New Checking Account

PNC Bank has extended a nationwide offer that can get you either a $200 or $300 bonus. This bonus is usually limited to only a few states, so it’s a good opportunity for those who haven;t been eligible in the past. 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:

1. Establish total qualifying direct deposit(s) of $5,000 or more to your new account
2. 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:

1. Establish total qualifying direct deposit(s) of $2,000 or more to your new account
2. Make at least 10 purchases with the PNC Bank Visa Debit Card linked to your new account

Promotion Page

Key Terms

• Offer ends May 31, 2019
• 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 see 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. It could also help with spending requirement on a new card. Just make sure to set your cash advance limit lower than $2,000 to be safe. This is no longer an option.

HT: Doctor of Credit

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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