PNC Bank Checking Account Bonus

POSTED ON BY

PNC Bank has another checking account promotion. The bonus appear to vary from $75 to $150. The bonus that's listed online is only $75. However, if you contact PNC, you may find your area has a larger bonus. I used the online chat service, and the CSR said that a Florida zip code qualified for a $100 bonus. This SD member reported a $150 bonus for Michigan. This also appears to be available outside of PNC's market area. For a Texas zip code, the CSR mentioned a $75 reward and a $100 coupon good towards select Verizon wireless products. According to the CSR, the promo began on May 10, 2010 and runs for a full 2 weeks in all markets.

To receive the bonus that's larger than what's listed online, you will need to visit a branch or apply by phone or by the secure online chat. Below are the promo details that the CSR listed. It appears to be the same as what is listed online:

New-to-PNC checking customers must open a new Virtual Wallet, Free, Performance, or Performance Select Checking account during the offer period. A qualifying Direct Deposit of $400 or more must be received within 60 days of account opening. 10 check card POS purchases (PIN or signature) must be posted to the eligible account within 60 days of account opening Note: A qualifying Direct Deposit is a recurring Direct Deposit of a paycheck, pension, Social Security or other regular monthly income electronically deposited into a Free, Performance, or Performance Select Checking account or Spend account of Virtual Wallet each statement cycle. The minimum amount of any single Direct Deposit must be at least $400. The Direct Deposits must be made by an employer or an outside agency. Transfers from one account to another or deposits made at a branch or ATM do not qualify.

Regarding a hard credit inquiry, the CSR said they do not do a hard pull when you apply for a checking account.

Update: A reader emailed me the following potential gotchas with this promo and PNC checking accounts:

--The direct deposit must be $400.
--If your account is closed in fewer than 6 months, a $25 fee is debited.
--There is a $3.50 monthly debit card fee unless $2,000 average monthly balance is maintained.
--There is, I think, a $10 (yearly) card fee because the card is "linked" the checking account (I'm not sure what this means).

National City Conversions

I reviewed the status of National City conversions in March. It appears the last conversions should be completed by June 14, 2010.

PNC Bank has been a FDIC member since 1934 (FDIC Certificate # 6384).

Other Bank Bonuses

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

Comments
Jeanne
Jeanne (anonymous)   |     |   Comment #1
Too many ifs, ands, or buts, to be worth it for me. But if I move to Michigan by the 24th, I'll consider it. :)

Please excuse my cynicism, but if the CSR of any bank claims that there would not be a hard credit pull, when in fact there is, I wonder what's to keep them from saying later, "Sorry, the new CSR was confused when you asked that question."
Anonymous
Anonymous   |     |   Comment #2
Does PNC still allow account funding by credit card?  Is the limit still $2k?
Adam S
Adam S (anonymous)   |     |   Comment #4
--There is a $3.50 monthly debit card fee unless $2,000 average monthly balance is maintained.

I looked at the scheduled fees and the only one that resembles anything like this is $3.50 charge if you use your card at a non-PNC ATM, unless $2,000 average monthly balance is maintained.


--There is, I think, a $10 (yearly) card fee because the card is "linked" the checking account (I'm not sure what this means).

$10 annual fee. Affinity cards included are: PNC Park, Pittsburgh Steelers, WBS Penguins, Washington Nationals, Detroit Pistons, Cleveland Browns, Philadelphia Flower Show ($5 of the $10 is donated to the PA Horticultural Society annually), USA Flag ($5 of the $10 is donated to the American Red Cross annually)

https://www.pnc.com/webapp/unsec/vwServiceCharges/init.app?product=VW asks for your zip code maybe different for different areas
John S
John S (anonymous)   |     |   Comment #5
Yes they also still allow a credit card for funding up to 2k... I called and a few representatives said it went through as a cash advanced; however, I called back and asked for a supervisor who confirmed it went through as a charge and not a cash advance. And it did go through as a charge/purchase.
$150 Checking Account Bonus w/DD at PNC Bank in Summit, New Jersey - Local Only

PNC Bank is offering a $150 bonus for opening a personal checking account with qualifying direct deposit at its new branch in Summit, New Jersey. The offer is scheduled to end on 1/31/2010. This was advertised last week at NJ.com. The ad is available online here. As you can see in the ad, PNC is publicizing its new Green branch at Summit, NJ. The address is at 517 Springfield Avenue. Phone number is 908-522-3440.

Some important details mentioned in the small print of the promo include:

  • First direct deposit must be...


Continue Reading
$100 Bonus for Opening PNC's Virtual Wallet with Direct Deposit

PNC Bank is offering a $100 bonus for opening its Virtual Wallet online with qualifying direct deposit. Here's the link to the promotion page. Some of the important small print includes:

  • Direct deposit must occur within 60 days of account opening
  • Minimum amount of any single Direct Deposit must be at least $400
  • Direct Deposits must be made by an employer or an outside agency. Transfers from one account to another or deposits made at a branch or ATM do not qualify as Direct Deposits
  • A qualifying Direct Deposit is defined as a Direct...
Continue Reading
$75 Bonus for Opening a Checking Account with Direct Deposit at PNC Bank
PNC Bank is offering another $75 checking account bonus. Here's the PNC promotional page. Like the one I posted on in April, a qualifying Direct Deposit is required. The important features of the promotion include:
  • Open a new checking account by 6/13/2009
  • 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...

Continue Reading
10.00% 12-Month CD at a New Jersey Bank - $1K Max (Yardville National).
Yardville National Bank's new branch in Cranbury, NJ is having a special 10% APY 12-month certificate of deposit. The minimum and maximum deposit is $1,000. The offer is available through September 20, 2007.

This special isn't listed at the bank's website. A reader mentioned this in the comment, and I called the branch for additional information. I was told that no checking account is required. The offer is a local deal and is only available to individuals residing in the following zip codes: 08512, 08520, 08536, 08810, 08852.

The $1K cap is...



Continue Reading
$101 Checking Account Bonus at a Maryland Bank (Mercantile)
Mercantile Bank is offering a $101 bonus for opening either its Custom Checking or Classic Direct Checking Account. This promotion doesn't seem to be listed at the bank's website. A reader mentioned this promo in the comments, and I called the bank today for the details.

The minimum opening deposit required is $50. However, to avoid monthly fees, the Custom Checking requires a combined balance of $2,500 and the Classic Direct Checking requires a monthly direct deposit (recurring ACH deposit should also be eligible). More info on these checking accounts is...

Continue Reading

More Past Offers