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  PNC Bank Virtual Wallet

PNC Bank Virtual Wallet

in Checking Accounts from PNC Bank · Member fdic

Unaffiliated

PNC Bank Virtual Wallet

Unaffiliated

in Checking Accounts from PNC Bank · Member FDIC

SuperMoney Net Recommendation Score +9

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +9, equating to 3.2 on a 5 point rating scale.

+9

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

5 users recommend
2 users are unsure
4 users don't recommend
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Highlights
Community Rating Mostly recommended
Monthly Fee $0 - $7
ATM Fee: Out-of-Network $3
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.01% - 0.5%
Number of Reviews 11

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 50 states (and Washington, DC).

Key Takeaways
  • $50 Bonus offer. Open a new account and you can get up to $50 if you deposit a minimum of $500 (see terms and conditions for more details).
  • Low APY. The maximum annual percentage yield for this account is only 0.5%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $7, but there are ways to waive the fee.
  • No minimum initial deposit. There is no minimum balance required to open an account.
  • ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
  • Free bill pay. Pay your bills to practically anyone in the United States through PNC Bank.
  • Hard credit pull. PNC Bank may require a hard pull on your credit report to open a checking account.
PNC Bank Virtual Wallet Pros & Cons
Pros Cons
  • Offers a $50 bonus offer.
  • Available in all 50 states.
  • Interest-yielding account.
  • Free debit card
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • 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 Virtual Wallet FAQ

Are checking accounts from PNC Bank federally insured?

Yes, your PNC Bank checking accounts 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 Virtual Wallet offer?

PNC Bank Virtual Wallet offers an APY starting at 0.01% and ranging up to 0.5% (APY stands for annual percentage yield, rates may change).

PNC Bank Virtual Wallet Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0.01% - 0.5%

What are the account minimums for PNC Bank Virtual Wallet?

PNC Bank Virtual Wallet does not require a minimum initial deposit.

PNC Bank Virtual Wallet Account Minimums
Description Amount
Minimum Opening Deposit $0
Minimum Direct Deposit to Avoid Monthly Service Fee $500

What fees does PNC Bank Virtual Wallet charge?

This account charges a monthly service fee of up to $7.

PNC Bank Virtual Wallet Fees
Description
ATM Fee: In-Network $0
Check Image Service $3
Debit Card Replacement Fee $7.50
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0 - $7
NSF Fee $36
Online Bill Pay Fee $0
Overdraft Item Fee $36
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Stop Payment Fee $33
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $3

Does PNC Bank Virtual Wallet charge overdraft fees?

Yes, PNC Bank Virtual Wallet charges a $36 fee for every overdraft fee.

What features and perks does PNC Bank Virtual Wallet offer?

This account includes the following features:

  • Signup bonus - Open an account and you may receive a signup bonus of up to $50 if you deposit a minimum of $500.
  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • 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.
  • Fraud monitoring - PNC Bank Virtual Wallet monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - PNC Bank Virtual Wallet allows you to manage your money online or with a mobile app.

How do people rate the customer service and user experience of PNC Bank Virtual Wallet?

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

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.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Direct Deposit to Avoid Monthly Fee $500
Minimum Opening Deposit Starting at $0
ATM Fee: In-Network $0
Online Bill Pay Fee $0
Overdraft Protection Fee (per transfer) $0
Check Image Service $3
Debit Card Replacement Fee $7.50
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0 - $7
NSF Fee $36
Overdraft Item Fee $36
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Stop Payment Fee $33
Wire Transfer Fee - Domestic (Incoming) $15
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $15
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $3
Bank Account Features
  • Free Bill Pay
  • Interest Bearing Account
  • ATM Reimbursement
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • FDIC Member
Signup Bonus $50
Signup Deposit Requirement $500
APY (Annual Percentage Yield) 0.01% - 0.5%

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 +9, equating to 3.2 on a 5 point rating scale.

+9

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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