PNC Bank has been expanding rapidly across the United States. With more than 2,200 branch locations and over $557 billion in assets, they are the sixth-largest bank in the U.S. One way they’ve been attracting new customers is through a PNC checking account bonus available on their Virtual Wallet account.

When you sign up for a new PNC Bank Virtual Wallet account by March 31, 2025, you’ll have the opportunity to earn up to a $400 bonus after completing the following requirements.

1. Sign up for a new PNC Bank Virtual Wallet Account online by clicking the button below.
2. Within 60 days of account opening, set up direct deposits corresponding to the Virtual Wallet account signed up for.

• Virtual Wallet®: Set up direct deposits totaling $500 or more to earn a $100 cash bonus.
• Virtual Wallet® With Performance Spend: Set up direct deposits totaling $2,000 or more to earn a $200 cash bonus.
• Virtual Wallet® with Performance Select: Set up direct deposits totaling $5,000 or more to earn a $400 cash bonus.

Once the requirements have been completed, your PNC checking account bonus will be deposited within 60 to 90 days.

PNC Bank Virtual Wallet® Account Features

When you sign up for a new PNC Bank Virtual Wallet® account, you can take advantage of its many account features.

• Earn up to 3.65% Annual Percentage Yield (APY): When you sign up for a Virtual Wallet with Performance Spend account, you can earn up to a 3.65% APY.
• Low Cash Mode®: When your account balance goes negative, you will have an extra 24 hours to get your balance back to zero before being charged overdraft fees.
• Free Domestic Wires: There is no charge for using a domestic wire with your PNC Bank account.
• Digital Tools: You’ll have access to several digital tools to help you manage your spending and save for future plans.

PNC Bank Virtual Wallet® Fees

When you sign up for a PNC Bank Virtual Wallet account, there are monthly service fees based on your chosen account. However, each account will give you the chance to have the fee waived when specific requirements are met.

PNC Bank Virual Wallet®

There is a $7 monthly service fee with a PNC Bank Virtual Wallet® account. However, this fee can be waived with the following:

• $500 combined average monthly balance in your Spend and/or Reserve accounts
• $500 in qualifying monthly direct deposits to your Spend account during the statement period
• Account holder is age 62 or over
• Account holder is a PNC Employee

PNC Bank Virtual Wallet® With Performance Spend

There is a $15 monthly service fee with a PNC Bank Virtual Wallet® With Performance Spend account. However, this fee can be waived with the following:

• $2,000 combined average monthly balance in your Spend and/or Reserve accounts
• $10,000 combined average monthly balance only across PNC Bank consumer deposit accounts you have chosen to link.
• $2,000 in qualifying monthly direct deposits to your Spend account during the statement period ($1,000 for WorkPlace or Military Banking customers)
• Account holder is a PNC Employee

PNC Bank Virtual Wallet® With Performance Select

There is a $25 monthly service fee with a PNC Bank Virtual Wallet® With Performance Select account. However, this fee can be waived with the following:

• $5,000 combined average monthly balance in your Spend and up to seven PNC Bank consumer checking accounts you have chosen to link (including Reserve)
• $25,000 combined average monthly balance across PNC Bank consumer deposit and/or PNCI investment accounts you have chosen to link
• $5,000 in qualifying monthly direct deposits to your Spend account during the statement period
• Account holder is a PNC Employee

PNC Bank Locations

While PNC Bank isn’t a nationwide bank, they do have a wide footprint. There are branch location in Alabama, Arizona, California,  Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas Virginia, West Virginia, Wisconsin, and Washington D.C.

How Does This PNC Checking Account Bonus Stack Up?

Want to compare this PNC Bank bonus to what else is available? Here are some other bank bonuses to consider. Make sure you also check out the other PNC Bank promotions.