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  PNC Bank Virtual Wallet
PNC Bank Virtual Wallet
in Checking Accounts from PNC Bank · Member FDIC
Claimed

PNC Bank Virtual Wallet

Claimed
in Checking Accounts from PNC Bank · Member FDIC
SuperMoney Net Recommendation Score +7  

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +7, equating to 3.1 on a 5 point rating scale.

+7

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly recommended

6 users recommend
3 users are unsure
5 users don't recommend
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Highlights
Community Rating Mostly recommended
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.01%
(Verified 11/29/2022)
Monthly Fee $7 - $25
(Verified 11/29/2022)
Minimum Balance to Avoid Monthly Fee $500 - $5,000
Number of Reviews 14

PNC Bank Virtual Wallet Review

PNC Bank Virtual Wallet is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Bank Virtual Wallet is available in 20 states (and Washington, DC).

Key Takeaways

  • Earn $400 when you establish total qualifying direct deposit(s) of $5,000 or more to the Spend account.
  • Low APY. The maximum annual percentage yield for this account is only 0.01%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $25, but the fee is waived if you keep a minimum balance of $5,000, have a monthly direct deposit of $5,000, or $25,000 combined balance accross eligible accounts.
  • No minimum initial deposit. There is no minimum balance required to open an account online.

PNC Bank checking account Pros & Cons

Pros Cons
  • Includes Low Cash Mode, an innovative, game-changing tool that helps you avoid overdraft fees.
  • Earn $400 when you establish total qualifying direct deposit(s) of $5,000 or more to the Spend account.
  • Interest-yielding account.
  • Free debit card
  • No charge on incoming domestic wire transfers.
  • Does not provide access to a nationwide ATM network.
  • Only available in 20 states.
  • Higher than average wire transfer fees.
  • Monthly service charge (if minimums are not met).
  • Charges a higher than average fee on out-of-network ATM transactions.

PNC Bank checking account FAQ

Are checking accounts from PNC Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does PNC Bank checking account offer?

PNC Bank Virtual Wallet Rates & Terms
Description
APY (Annual Percentage Yield) 0.01%

PNC Bank checking account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What are the account minimums for PNC Bank checking account?

PNC Bank checking account does not require a minimum initial deposit.

PNC Bank Virtual Wallet Minimums
Description
Minimum Opening Deposit $0 - $25
Minimum Balance to Avoid Monthly Fee $500 - $5,000
Minimum Combined Balance to Avoid Monthly Fee $25,000
Minimum Direct Deposit to Avoid Monthly Fee Starting at $5,000

What fees does PNC Bank checking account charge?

This account charges a monthly service fee of up to $25.

PNC Bank Virtual Wallet Fees
Description
Monthly Fee $7 - $25
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $3
ATM Reimbursement Monthly Limit $10
Foreign Transaction Fee (Debit Card) 3%
Overdraft Item Fee $36
Overdraft Protection Fee (per transfer) $0
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Stop Payment Fee $33
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Paper Statement Fee $0
Online Bill Pay Fee $36
Check Image Service $3
Debit Card Replacement Fee $7.50
Early Account Closure $25

Does PNC Bank checking account charge overdraft fees?

Yes, PNC Bank checking account charges a $36 fee for every overdraft.

What features and perks does PNC Bank checking account offer?

This account includes the following features:

  • Earn $400 when you establish total qualifying direct deposit(s) of $5,000 or more to the Spend account.
  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Mobile Banking Services - PNC Bank checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

What is the customer support email for PNC Bank checking account?

The customer support email for PNC Bank checking account is info@pnc.com.

How do people rate the customer service and user experience of PNC Bank checking account?

Overall, PNC Bank checking account is mostly recommended based on community reviews that rate customer service and user experience.

PNC Bank Virtual Wallet Disclosure: "Annual Percentage Yields (APYs) are accurate as of 11/07/2022. Rates and APYs may vary and may change after account opening. Fees could reduce earnings. To determine if these rates have changed, call 1 888 PNC BANK. Rates on variable rate accounts may change after account opening. Interest rates, APYs and other terms may vary in other PNC Bank markets. Refer to the PNC Virtual Wallet Fine Print ""What You Need To Know"" and/or the Features and Fees document that corresponds to the Virtual Wallet product you are selecting for other important terms and conditions. $1.00--$999,999.99: 0.01% APY $1,000,000.00 and above: 0.01% APY PNC reserves the right to refuse or return any deposit amount to you that cause the combined balance of all of your Virtual Wallet Growth accounts with us to exceed $5,000,000 (including any jointly owned, or in the case of an account owned by a living trust, jointly managed accounts). The minimum deposit required to open the account is $25 at a branch." "See the Features and Fees for Full Details Virtual Wallet

No Monthly Service Charge if you meet any one of the following: • $500 combined average monthly balance in your Spend and/or Reserve accounts • $500 in qualifying monthly direct deposits to your Spend account during the statement period • Account holder is age 62 or over • Account holder is a PNC Employee • Monthly Service Charge if requirements are NOT met --$7 Virtual Wallet with Performance Spend

No Monthly Service Charge if you meet any one of the following: • $2,000 combined average monthly balance in your Spend and/or Reserve accounts • $10,000 combined average monthly balance only across PNC Bank consumer deposit accounts you have chosen to link. • $2,000 in qualifying monthly direct deposits to your Spend account during the statement period ($1,000 for WorkPlace or Military Banking customers) • Account holder is a PNC Employee •Monthly Service Charge if requirements are NOT met --$15 Virtual Wallet with Performance Select No Monthly Service Charge if you meet any one of the following: • $5,000 + monthly direct deposit to the Spend • $5,000 + monthly balance in Spend and Reserve. • $25,000 combined average monthly balance across PNC Bank consumer deposit and/or PNCI investment accounts you have chosen to link • Account holder is a PNC Employee • Monthly Service Charge if requirements are NOT met --$25"
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From PNC Bank checking account

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 6:00pm
  • Tuesday 9:00am - 6:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 6:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 10:00am - 2:00pm

Other Services by PNC Bank

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View all checking accounts offered by PNC Bank

Availability

  Available in 20 states and Washington, D.C.
  • Arizona
  • California
  • Colorado
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Maryland
  • Michigan
  • North Carolina
  • New Jersey
  • New Mexico
  • Ohio
  • Pennsylvania
  • South Carolina
  • Texas
  • Wisconsin
  • West Virginia

Feature Breakdown

Minimum Opening Deposit $0 - $25
Minimum Balance to Avoid Monthly Fee $500 - $5,000
Minimum Combined Balance to Avoid Monthly Fee $25,000
Minimum Direct Deposit to Avoid Monthly Fee Starting at $5,000
Monthly Fee $7 - $25
(Verified 11/29/2022)
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $3
ATM Reimbursement Monthly Limit $10
Foreign Transaction Fee (Debit Card) 3%
Overdraft Item Fee $36
Overdraft Protection Fee (per transfer) $0
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Stop Payment Fee $33
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $40
Paper Statement Fee $0
Online Bill Pay Fee $36
Check Image Service $3
Debit Card Replacement Fee $7.50
Early Account Closure $25
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Proof of Residence
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Mobile Check Deposit
  • Check Images with Statement
  • Mobile Banking
  • Debit Card
  • Member FDIC
Bonus Offer Earn $400 when you establish total qualifying direct deposit(s) of $5,000 or more to the Spend account.
Signup Bonus Up to $400
Signup Deposit Requirement $5,000
APY (Annual Percentage Yield) 0.01%
(Verified 11/29/2022)

PNC Bank Virtual Wallet Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +7, equating to 3.1 on a 5 point rating scale.

+7

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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