Linking certain bank accounts together can also unlock higher interest rates. For one, you can make a larger deposit toward accounts that have balance tiers to earn at a higher interest rate. However, there are a couple different ways to save more money with a PNC Bank Account.
#Pnc virtual wallet growth interest rate free#
How it can help you manage money better.In this review, we break down the key highlights of this unique account that delivers your traditional checking account needs in addition to a touch of smarter money management. Its Virtual Wallet account is one that you may be interested in - but it isn’t like the rest. Your search for a new checking account has led you to PNC Bank, one of the many options available. Pnc Bank Virtual Wallet Account 2023 Review The bank reimburses for up to two non-PNC ATM transactions per statement period and up to $5 in other banks ATM surcharges.Ī number of other fees are waived for the Performance Spend account services, including paper account statements, redepositing returned items and check images. There is more fee forgiveness with this account than there is with basic checking. Maintain a combined balance of $10,000 in PNC deposit accounts.Keep an average monthly balance of $2,000 in checking and/or Reserve accounts.Make $2,000 in direct deposits to your Spend account each monthly statement period.The $15 monthly fee is waived if one of these conditions are met: There is no minimum opening deposit if Performance Spend is opened online its $25 if opened in a branch. The checking account with Virtual Wallet with Performance Spend is interest bearing, paying 0.01 percent APY on balances of $2,000 and up. Recommended Reading: Saving Account Interest Rates Calculator Virtual Wallet With Performance Spend You will have to call the bank to open a Variable Rate CD. When it matures, you can withdraw your funds or leave it alone to renew for another 18 months. The bank bills this as an opportunity for peace of mind when saving, knowing that your rate will climb with the Treasury bill.Īll PNC Bank Variable Rate CDs come as an 18-month term. PNC Banks Variable Rate CD earns at a rate dependent on the three-month Treasury bill. Some banks offer high yields on checking accounts, if you maintain a set minimum balance and meet other account requirements. Bankrates list of the best credit unions ranks them based on selection of products, APYs offered, mobile features and fees. Online banks and fintech startups, called challenger banks, are options if you dont need a branch location.Ĭredit unions are another option, especially those with lenient membership requirements.
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