PNC Financial Services may have a small geographic footprint, but its mighty when it comes to its assets.
In total, PNC Bank customers can use 60,000 ATMs across the U.S. without a surcharge.
The app does everything you would expect an online bank app to do in terms of personal finance.
There are plenty of online checking accounts thatdoaccrue interest or reward you with cash back for debit card swipes.
Virtual Wallet With Performance Select
The core of this account is the same.
Virtual Wallet with Performance Select does accrue interest at 0.01%.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
The Reserve account is a separate checking feature for short-term planning.
The Reserve and Growth accounts also serve as overdraft protection.
PNC calls it two layers of overdraft protection.
PNC does offer a checking and savings account combo for students called the Virtual Wallet Student account.
It includes an automatic courtesy refund for your first overdraft but then overdraft fees kick in after that.
It provides $5 of ATM reimbursement.
Below, we take a closer look at the high-yield savings, currently with an APY of 4%.
The fee is automatically waived if you are under 18 years old.
The PNC Premiere Money Market account rewards you for investing more.
The more money in the account, the higher the interest rate.
PNC Bank offers fixed rate CDs (certificates of deposit) ranging from seven days to 10 years.
There is a minimum $1,000 to open with early withdrawal penalties.
Alternatively, you’re free to open a Ready Access CD ranging from three to 12 months.
If youre looking for an ATM, PNC has 60,000 while competitors often have 80,000+.
However, PNC does offer a high ATM reimbursement amount each month.
The recent addition of Low Cash Mode is a game changer for beginners.
Many of the financial wellness features mentioned in this review are available on the app.
you’re able to set your savings goals and automatic savings deposits.
you’re free to create budgets for different categories.
PNC customer servicehas various numbers and hours depending on your need and account.
Frequently Asked Questions (FAQ) About PNC Bank
Still have questions about banking with PNC?
Weve provided answers to some of the most common questions readers like you are asking.
PNC has a connection of 60,000 fee-free ATMs.
If you use an out-of-connection ATM and incur a fee, PNC will reimburse surcharges.
The max number of monthly reimbursements (or the total amount reimbursed each month) varies by account.
Note: ATM reimbursements apply to domestic ATMs only.
PNC will not reimburse fees at foreign ATMs.
The account offerings and promotions do vary by state, however.
it’s possible for you to use Zelle through your PNC mobile app.
In that way, PNC can operate like an online bank.
Is it just not online only.
PNC offers a few features for overdrafts.
That starts with Low Cash Mode, its overdraft prevention feature.
If you do overdraft, PNC offers overdraft protection from linked PNC accounts.
it’s possible for you to also opt in to overdraft coverage, but this carries hefty fees.
That said, the PNC Mobile App is its saving grace.
Still looking for a savings account that earns you interest and gives you the flexibility you need?
Check out ourlist of the best savings accounts for 2023before making a final decision.
Typically, you gotta meet some criteria to earn the bonus, like receiving qualifying direct deposits.
Qualifying direct deposits are typically direct deposits that come from an employer or the government.
Peer-to-peer payments, like Venmo, do not count as a direct deposit.
Information from former contributor Tyler Omoth is included in this report.
When you log into your bank account, how do your savings look?
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
