Dedicated to Deposits: Deals, Data, and Discussion

$75 Checking Account Bonus at PNC & National City - Update


Both PNC Bank and National City continue to offer a checking account promotion in which you can earn $75. Since National City is now part of PNC, both promotions exclude existing National City or PNC checking customers.

Here's the PNC promotional page. Unlike the one I posted on in March, this new one requires a qualifying direct deposit. The important features of the promotion include:
  • Open a new checking account by 5/09/2009
  • Free checking qualifies
  • A qualifying Direct Deposit is defined as a Direct Deposit of a paycheck, pension, Social Security or other regular monthly income electronically deposited into checking account. Minimum amount of any single Direct Deposit must be at least $500. The Direct Deposits must be made by an employer or an outside agency.
  • Must not have an existing PNC Bank or National City checking account
Free Checking qualifies for this promo. This requires a minimum $25 initial deposit. It has no monthly fees or minimum balance requirements. Bill Pay is free. A commenter in a previous post mentioned that there's a closure fee if closed within 6 months. PNC's new Virtual Wallet checking/savings account also qualifies for this bonus (see review).

It appears that this promotion is available to people in any state. I've received conflicting info on this in the past, so you may want to call and confirm. I've been told that you can also apply for this promotion over the phone. PNC Branches are located in Delaware, the District of Columbia, Florida, Virginia, Kentucky, New Jersey, Ohio, Maryland, and Pennsylvania.

Here's the National City promotional page. The important features of the promotion include:
  • Earn a $75 Visa Gift Card
  • Open checking account by 4/30/09
  • Set up direct deposit of your entire paycheck (of at least $250) into your account within first 60 days
  • Make at least 10 check card purchases within first 60 days
  • Online applications for a checking account are limited to residents of FL, IL, IN, KY, MI, MO, OH, PA and WI.
  • Must not have an existing PNC Bank or National City checking account
National City is also advertising the same promo in St. Louis, but it's scheduled to last through May 16, 2009. The ad is available online here.

According to this Pittsburg Tribune article, PNC Bank expects to convert all National City Bank branches it acquired to PNC branches by mid-2010. But not all National City branches are being converted. In early April, PNC reached a deal to sell Western Pennsylvania National City branches to First Niagara Financial (see news article). PNC acquired National City on October 24, 2008. PNC Bank is FDIC insured (FDIC Certificate # 6384).

Other Bank and Credit Union Bonuses

To find other bonus deals, please refer to my bank bonus page which has all of my recent bank bonus posts.

Related Pages: PNC Bank, checking account

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