PNC Bank has 2,600 branches in 19 states mostly on the East. Checking accounts offer a unique Virtual Wallet feature with financial tools to help achieve goals. Account fees are easily waived by meeting account balance or direct deposit requirements.

Checking Account Bonuses

Rates
  • Certificate of Deposit (CD) Accounts. Fixed Rate CDs are available in a variety of terms ranging from 7-Days to 10-Years, providing the greatest flexibility for meeting your short- and long-term needs. Bank deposit products and services provided by PNC Bank.
  • The current rate indicated below is for 3 month CD deposit with a minimum balance of of 500,000 or more at a 'Fixed Rate CD Only', other states may vary. The rate of 0.09% is 0.42% lower than the average 0.51%. Also it is 2.06% lower than the highest rate 2.15 Updated Aug, 2019 on PNC's secure website.
  • The current cd interest rate is for 12 months with a minimum balance of of 500,000 or more at a 'Fixed Rate CD Only' for the state of New York The rate of 0.24% is 0.96% lower than the average 1.2%. Also it is 2.36%.

PNC Bank frequently offers cash bonuses for new checking customers. Some deals are only available for residents of select States, so make sure you read the fine print carefully.

All PNC Bank checking accounts offer free online banking, bill pay, and mobile deposits.

Virtual Wallet Account

This is PNC Bank's signature product. This can be paired with any of PNC Bank's checking accounts. Here are some features:

  • Checking & Savings together. You get a checking account (Spend), a short-term savings (Reserve), and high-interest savings (Growth) account. These accounts are designed to help achieve your current banking needs and short-term and long-term goals.
  • Financial tools. This is the biggest perk of the Virtual Wallet account. There are a variety of financial tools to help you create a budget, keep track of your spending, set up goals, save, get 'danger days' alerts, and more.
  • Automatic overdraft protection. If you overdraw your Spend account, funds from your Reserve account will automatically be transferred to cover the overdraft. If you need it, your Growth account can serve as your secondary overdraft protection account.
  • Earn relationship rates. When you meet certain debit card or direct deposit requirements, you'll earn the higher relationship rate on your Growth account for the following month.
  • ATM fee reimbursement. Depending on which Virtual Wallet account you have, you can have some or all of non-PNC ATM fees reimbursed.

The current interest rate displayed below is for the 6 month product with a minimum balance of 500,000 or more at a 'Fixed Rate CD Only', please note that other states may different rates. The rate of 0.14% is 0.63% lower than the average 0.77%. Also it is 2.21% lower than the highest rate 2.35 Updated Aug, 2019 on PNC's secure website.

Pnc Bank Cd Rates

How to Avoid PNC Bank Checking Account Fees

Pnc Bank Mortgage Rates

Pnc

PNC Bank offers these standard checking accounts:

  • Standard Checking. The $7 monthly service fee can be waived if you: maintain an average account balance of $500, OR have combined monthly direct deposits of at least $500, OR are age 62 or older.
  • Performance Checking. The $15 monthly service fee can be waived if you: maintain an average account balance of $2,000, OR have combined monthly direct deposits of at least $2,000 ($1,000 for WorkPlace Banking or Military Banking customers), OR have a combined balance of at least $10,000 in PNC deposit accounts, loans, and investments.
  • Performance Select Checking. The $25 monthly service fee can be waived if you: maintain an average account balance of $5,000, OR have combined monthly direct deposits of at least $5,000, OR have a combined balance of at least $25,000 in PNC deposit accounts and investments.

Pnc Interest Rates

In addition to standard checking, PNC Bank also offers these Virtual Wallet checking + savings accounts:

  • Virtual Wallet Checking. The $7 monthly service fee can be waived if you: maintain an average monthly balance of $500 in Spend and Reserve, OR have at least $500 in direct deposits per month to the Spend, OR are a qualified student, OR are age 62 or older.
  • Virtual Wallet with Performance Spend. The $15 monthly service fee can be waived if you: maintain an average monthly balance of $2,000 in Spend and Reserve, OR have at least $2,000 in direct deposits per month to the Spend ($1,000 for WorkPlace Banking or Military Banking customers), OR have a combined balance of at least $10,000 in PNC deposit accounts, loans, and investments.
  • Virtual Wallet with Performance Select. The $25 monthly service fee can be waived if you: maintain an average monthly balance of $5,000 in Spend and Reserve, OR have at least $5,000 in direct deposits per month to the Spend, OR have a combined balance of at least $25,000 in PNC deposit accounts and investments.
  • Virtual Wallet Student. There is no monthly service fee with proof of active student status for 6 years.

Pnc Bank Cd Rates 2020

Note: Effective 3/17/19: $10,000 combined average monthly balance only across PNC Bank consumer deposit accounts you have chosen to link. Loan and/or PNCI Investment account balances will no longer be included in the combined average monthly balance calculation.