PNC Virtual Wallet® $100 Bonus

PNC logo

PNC Bank : Virtual Wallet®

$100

Offer Expired On

October 31, 2021

How To Earn The Bonus

  1. Open a Virtual Wallet account using the link below.
  2. Within 60 days, have a total of $500 in direct deposits.
  3. Bonus will be deposited into your account 60-90 days after requirements have been met.

Available in Your Area?

Yes

Monthly Fees?

Yes

Open Online?

Yes

Credit Pull?

Soft

PNC Bank logo

Available nationwide, PNC is offering a welcome bonus for opening a personal checking account and using direct deposit within the first 2 months. This is their smallest offer, and only requires $500 in direct deposits. But if you can, we recommend choosing one of their larger offers (with higher deposit requirements). Remember, even this $100 makes you ineligible for any other personal checking welcome offer for the next 2 years – so grab as much as you can.

You'll need to use the apply now buttons found on PNC's offer page to be sure the promo is attached to your account, or you can opt for a code by email if you prefer to open in-branch.

Assuming you don't have an account with PNC (and haven't within the last 90 days), we definitely recommend claiming this easy bonus.

How To Earn The Bonus

The PNC Virtual Wallet® promotion requires you to set up direct deposits in order to earn the $100 bonus.

Full requirements to receive this bonus are:

  1. Open a Virtual Wallet account using the link below.
  2. Within 60 days, have a total of $500 in direct deposits.
  3. Bonus will be deposited into your account 60-90 days after requirements have been met.

The fine print

  • To qualify, the direct deposit must be a recurring deposit of a paycheck, pension, Social Security or other regular monthly income electronically deposited by an employer or an outside agency into the account.
  • Not available to existing customers with a consumer checking account or to those who have closed a consumer checking account within 90 days.
  • You can only receive one new checking account opening related bonus once every two years.

How does this personal checking offer from PNC compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

U.S. Bank

U.S. Bank Smartly® Checking

Bonus
up to $1000
Account Type
Personal Checking
Expires In
29 days
Requires
  • Direct Deposit
  • Min Balance (optional)

Citi®

Citi Priority Relationship Tier

Bonus
up to $2000 w/activities
Account Type
Personal Checking
Expires In
99 days
Requires
  • Min Balance

Discover

Cashback Debit

Bonus
up to $360
Account Type
Personal Checking
Expires In
Limited Time
Requires
  • Card Spend

Why PNC Bank?

PNC Bank is the 7th largest in the U.S., with over 60,000 ATMs and approximately 2,400 physical branches across the country. This includes the former BBVA locations, which they acquired in 2021.

PNC offers "Spend, Reserve and Growth" virtual wallets. Spend is for day-to-day activity, Reserve is for short term planning, and Growth is a long term savings account. A single fee covers the trio of accounts and, like most linked accounts, it's easy to transfer money between the three (plus offers 2-layers of fee-free overdraft protection).

Ultimately, however, PNC isn't our top pick if you're shopping for a new bank. Typical of the big national brands, their interest rates are low in some markets. And while they offer online and mobile banking with all of the major features, their apps feel more dated than competitor products (and definitely more than the tech-based banks).

Virtual Wallet®

Virtual Wallet® is PNC's basic offering, which has its lowest (and easiest to waive) maintenance fee, but offers no interest on your balance.

All Virtual Wallet accounts come with 2-layers of overdraft protection, access to PNC's online and mobile banking tools, and in-person service in one of their branches.

Fees

Virtual Wallet® does charge a monthly fee of $7, but there are ways to get this waived:

  • At least $500 in direct deposits to the account each month
  • OR, maintain a $500 monthly balance in Spend + Reserve
  • OR, account holder is older than 62

PNC Bank Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Get a better idea of how well PNC Bank can serve you by checking out their branches closest to your area:

112 E Pecan St
San Antonio, TX 78205

Directions

101 South Main Street
Ann Arbor, MI 48104

Directions

115 E Van Buren Ave
Harlingen, TX 78550

Directions

2001 Kirby Drive
Houston, TX 77019

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8951 Main Street
Frisco, TX 75034

Directions

202 East Washington Street
Lebanon, IN 46052

Directions

235 West 5th Street
San Juan, TX 78589

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200 East Broad Street
Groveland, FL 34736

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115 North Dooly Street
Montezuma, GA 31063

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200 South Lawrence Boulevard
Keystone Heights, FL 32656

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6518 West Highway 146
Crestwood, KY 40014

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5817 North 2nd Street
Loves Park, IL 61111

Directions

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.