I grew up in on Long Island in New York and went to school in Pittsburgh for several years and would end up settling in Maryland. I’ve only ever lived in the Mid-Atlantic region, if Long Island counts, and for my adult life, PNC Bank has always had a location nearby.
When I went off to school in Pittsburgh, I opened a student checking account at a local PNC Bank.
One of my first bank accounts was at PNC Bank, opened at the branch on the corner of South Craig and 5th Avenue. I did it because they had ATMs in the University Center and I didn’t have a car. Back then, you had to do a lot in a branch. Nowadays, you can do most of it on a mobile app.
When I opened up my account, I think I got a t-shirt.
If you open up an account today, they’ll give you hundreds of dollars. 🙂
💰 Get $300, $700, or $1,500 from a Citi Priority Account Today!
Citi Priority is offering $300, $700, or $1,500 when you open a Citi Priority Account by 7/17/2022.
Then, within 20 days of opening your account, deposit New-to-Citi funds and keep it there for 60 days after the 21st day. The bonus is based on the amount you transfer.
This is a limited time offer so don’t wait!
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This content is not provided by the bank advertiser. Opinions expressed here are the author’s alone, not those of the bank advertiser.
How to get up to $400 from PNC Bank
PNC Bank is offering big bonuses if you open a checking account that includes their Virtual Wallet® Product. The offer you get will depend on whether you are inside or outside PNC Bank’s geographic footprint.
PNC Bank gives up to $400 cash bonus reward if you open up a new account.
There are three accounts that qualify:
- Open a Virtual Wallet account and establish total qualifying direct deposits of $500+ and get $50.
- Open a Virtual Wallet with Performance Spend account and establish total qualifying direct deposits of $2,000+ and get $200.
- Open a Virtual Wallet with Performance Select account and establish total qualifying direct deposits of $5,000+ and get $400.
What’s nice is you can open this completely online, no need to visit a branch. If you do need to visit a branch, use this branch locator to find them.
This offer is available to residents of CA, TX, AZ, NM, CO, PA, FL, OH, WV, DE, NJ, SC, NC, GA, KY, IN, MI, IL, MD, DC, WV, and WI.
Learn more about the PNC offer
PNC Virtual Wallet Checking Pro – $200
If you don’t qualify for the above offer, and you live in AR, CT, ID, IA, KS, LA, ME, MA, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, TN, UT, VT, WA, or WY, then you should consider PNC Virtual Wallet® Checking Pro and it’s welcome bonus of $200.
To earn this bonus, just open an account and then receive total qualifying direct deposit(s) of $2,000 or more to the new Virtual Wallet Checking Pro.
The account has no minimum deposit to open and no monthly fees. If you open for the Virtual Wallet Checking Pro with Spend, Reserve & Growth then you also get a savings account that earns interest. The Virtual Wallet Checking Pro with Spend product is just a checking account.
Learn more about the PNC offer
PNC Business Checking Account – $200 to $500
PNC Bank has a $200 offer for a business checking account when you open a qualifying Business Checking or Business Checking Plus account. You can do this in person or online.
Then:
1. Maintain a minimum average ledger balance of $5,000 for the first three statement cycles,
2. Make at least 20 total qualifying PNC Bank Visa Debit card transactions within the first three statement cycles,
3. Get $200 deposited!
To get $500, you will need to open a new qualifying Treasury Enterprise Plan or Analysis Business Checking account and maintain a minimum average ledger balance of $30,000 for each of the first three statement cycles to get the bonus deposited into your account. No debit card transaction requirement for the higher bonus amount but keep an eye out on the fees for all these accounts.
(Offer expires 6/30/2022)
How to Avoid Account Fees
There are account fees associated with each of the three accounts but they are easy to avoid. In fact, if you meet the bonus requirements and maintain that direct deposit, you avoid the monthly fee.
Otherwise, there are other ways to avoid them if you remove the deposit.
For the Virtual Wallet (no bonus), you can avoid the $7 monthly fee if you do one of the following:
- $500+ in qualifying direct deposits each statement period,
- $500 average monthly balance in Spend and Reserve accounts,
- Be age 62 or older.
For the Virtual Wallet with Performance Spend, you can avoid the $15 monthly fee if you do one of the following:
- $2,000+ in qualifying direct deposits each statement period,
- $2,000 average monthly balance in Spend and Reserve accounts,
- $10,000 combined average monthly balance in PNC consumer deposits.
For the Virtual Wallet with Performance Select, you can avoid the $25 monthly fee if you do one of the following:
- $5,000+ in qualifying direct deposits each statement period,
- $5,000 average monthly balance in Spend and Reserve accounts,
- $25,000 combined average monthly balance in PNC consumer deposits.
Oh, to set up the direct deposit, you may need to lookup your PNC Bank routing number.
Is This A Good Bank Offer?
There are offers with high dollar amounts but they often have deposit minimums or higher direct deposit requirements. This offer, of $200 to just open an account and receive a qualifying direct deposit (and make 10 purchases), is very easy to achieve.
⭐Citi Priority Account – $300, $700, or $1,500
Citi Priority is offering $300, $700, or $1,500 bonus when you open an account by 7/17/2022. Then, within 20 days of opening your account, deposit at least $15,000 in New-to-Citi funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $15,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH622 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
SoFi Money – up to $300
SoFi Money will give you up to $300 if you open an account and make direct deposits of at least $1,000. The bonus will be based on the total amount of those direct deposits in a 30-day evaluation period.
HSBC Premier Checking – $450
HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months.
Huntington Bank – up to $300
If you are a resident of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin then you could get up to $300 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region.
TD Bank – $300 or $150
TD bank has two bank offers for checking accounts and both are fairly easy to attain. For example, get $300 when you open a TD Beyond Checking account and receive direct deposits of $2,500 or more within 60 days of opening your account.
So the PNC Bank promotion is a slightly lower bonus but has much easier bonus requirements to get the money.
Cassandra Cooper says
I was not able to find the Performance Select option. I called PNC, and they were aware of a $300 offer for Virtual Wallet with Performance Select, but the website only gives me two options: Virtual Wallet Checking Pro with Spend, Reserve & Growth, or Virtual Wallet Checking Pro with Spend. The website prompted me to enter my zip code, so I wonder if that is what is limiting my options.
Hmmm that’s interesting, the page doesn’t seem to imply there’s a geographic limit but it’s possible they’re doing it.