PNC Bank is offering residents of AL, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI, WV a $300 bonus when you open a Virtual Wallet with Performance Spend by May 31, 2019 and meet the requirements listed below.
To be eligible for this bonus, simply open a new PNC Virtual Wallet with Performance Select Checking Account, establish a qualifying direct deposit(s) of $5,000, and make 10+ purchases with your PNC Bank Visa Debit Card.
To see the current promotions, we have a full list of offers ranging from $50 to $300 bonuses on our PNC Bank Promotions page! Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Editor’s Note: It has been reported that this bonus is available nationwide. Please let us know in the comments below if you can apply for these promotions outside their service area!
Thanks to Kristin for letting us know about the new working link for PNC through our Rewards Program. Let us know if you find a new bank bonus or a working link and get paid!
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PNC Bank $300 Bonus Information
- Direct Link to Offer
- PNC Bank $300 Bonus PDF Printout
- Account Type: Virtual Wallet with Performance Select
- Availability: AL, DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI, WV (Bank Locator)
- Expiration Date: 05/31/2019
- Credit Inquiry: Soft pull
- ChexSystems: Yes
- Opening Deposit: Unknown
- Credit Card Funding: No, now coded as Cash Advance
- Direct Deposit Requirement: Yes, must be at least $5,000.
- Monthly Fee: $25 monthly fee, see below on how to waive the fees.
- Additional Requirements: Make at least 10 purchases with your PNC Bank Visa Debit Card.
- Household Limit: None listed.
- Closing Account Fee: There is a $25 fee for closing the account within 6 months of opening.
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How to Earn PNC Bank Bonus
- To qualify for the reward, a new Virtual Wallet with performance Select Checking account must be opened online via the “Apply Now” links on PNC Bank‘s web page OR at a branch using the appropriate coupon by May 31, 2019.
- The following conditions must be met within the first 60 days:
- Establish a qualifying Direct Deposit(s) of at least $5,000
- Make at least 10 PNC Bank Visa Debit card purchases
- Upon completion of the requirements, you should receive a $300 bonus within 60-90 days after all conditions have been met.
How To Avoid Monthly Fees
- Virtual Wallet with Performance Select Checking Account: $25 monthly fee; waived if:
- $5,000 or more in total, qualifying direct deposits[1] to the Spend, per statement period
- OR, $5,000 average monthly balance in Spend + Reserve including linked checking accounts
- OR, $25,000 combined average monthly balance[6] in PNC consumer deposits and/or investments
Bottom Line
Make sure you check out PNC Bank to learn more about the $300 bonus promotion. Don’t forget, the $300 bonus will be reported on IRS Form 1099-INT. Take advantage of this promotion before it ends!
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.