PNC Bank Premiere Money Market Account

PNC Bank Premiere Money Market Account Review

PNC Bank Premiere Money Market Account is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC money market account are available in 50 states (and Washington, DC).

Key Takeaways

• Own a qualifying PNC checking account and meet ONE of the following requirements to get a relationship rate: Set up a monthly qualifying direct deposit of $2,000 ($1,000 for WorkPlace or Military Banking customers) to a Performance Checking account. $5,000 to a Performance Select Checking account. OR, Make at least 5 qualifying purchases in a month with your PNC Debit Card or a linked PNC Visa® Credit Card.
• Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.05.
• Monthly maintenance fee waiver. $5,000 average monthly balance in this account. Or when you link this account as a benefit account to your Performance checking, Performance Select checking or Virtual Walletwith Performance Select.
• Small minimum initial deposit. You only need $100 to open an account.

Pros & Cons of PNC Bank Premiere Money Market Account

Pros	Cons
Available in all 50 states. Does not offer mobile check deposits.	Does not provide a debit card. Monthly service charge.

PNC Bank Premiere Money Market Account FAQ

Are money market 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 are the interest rates for PNC money market account rates?

PNC money market account offers an APY starting at 0.02% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.

PNC money market account Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0.02% - 0.05%

What are the fees for PNC Bank Premiere Money Market Account?

This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $5,000.

PNC Bank will charge you a $3 fee if you exceed your maximum number of monthly transactions.

PNC Bank Premiere Money Market Account Fees

Fees	Amount
Monthly Fee	up to $12
Paper Statement Fee	$0
Excess Transaction Fee	$3

What is the minimum balance for PNC money market account?

Minimum deposit of $100. You must make an initial deposit of at least $100 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $5,000.

Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.

What features and perks does PNC money market account offer?

This account includes the following features:

• Fraud monitoring - PNC Bank monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - PNC money market account allows you to manage your money through online banking and a dedicated mobile app.

What is the customer service phone number?

The customer service number for this account is (888) 762-2265.

What is the support contact email?

The support contact email for this business credit card is info@pnc.com.

How to open an account with PNC Bank

• Visit the PNC Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.