Virtual Wallet® is Checking & Savings. Together.

The tools you need to help you stay on top of your money in one comprehensive digital banking experience.

Offer is good through October 31, 2019.

Review Offer & Apply Now!


Earn

 $500

when you open & use a new Virtual Wallet with Performance Select[1]

Only available in eligible markets and to intended addressee. 

  

 

Annual Percentage Yield (APY)

  2.15%APY

standard rate on your Growth savings account [2]

or

 2.20% APY

relationship rate on your Growth savings account [2,3]

Only available in eligible markets and to intended addressee. 

 Check all available rates »

Make at least 5 qualifying purchases in a month with your Virtual Wallet Debit Card and/or PNC credit card included in your Virtual Wallet or set up a qualifying monthly direct deposit of at least $2,000 for Virtual Wallet with Performance Spend or $5,000 for Virtual Wallet with Performance Select and earn the higher relationship rate on your Growth account for the following month. 

Virtual Wallet with Performance Select

What You Get

Spend – primary checking account

Reserve – short-term savings account

Growth – long-term savings account

Benefits

  • Relationship rates — Earn even higher interest rates[3]
  • Tools to Help You Manage Your Spending and Saving
  • Free transactions at approximately 9,000 PNC ATMs[4]
  • No PNC fees on domestic or international non-PNC ATM transactions[4]
  • Up to $20 fee reimbursement per statement cycle for other banks’ ATM fees at non-PNC ATMs[5]
  • Earn cash with PNC Purchase Payback[6]
  • Up to 6 additional checking or savings accounts with no monthly service charge
  • Up to $10,000 in ID Theft reimbursement coverage[7]

 

What You Need to Know

  • NO monthly service charge when you meet any ONE of the following requirements per statement period:
    • $5,000 or more in total qualifying direct deposits to your Spend
    • OR, $5,000 average monthly balance in Spend and Reserve, including linked checking accounts
    • OR, $25,000 combined average monthly balance in PNC consumer deposits and/or investments
    • Otherwise, $25

Account Summary

Account Agreement

Features and Fees

 

How to Earn $500 + 2.20% APY

Open a new Virtual Wallet with Performance Select and meet the below requirements to earn $500 in your account or 2.20%APY or both!

To earn $500:

Establish total qualifying direct deposit(s) of $5,000 or more to the new account[1]

AND

Make at least 10 purchases with your PNC Bank Visa® Debit Card linked to the new account[1]

We deposit $500 into your account

To earn 2.20% APY:

Establish total qualifying direct deposit(s) of $5,000 or more monthly to the new account

OR

Make 5 or more monthly purchases with your PNC Bank Visa® Debit Card or linked PNC Credit Card

Earn 2.20% APY[2]

 

Open a Virtual Wallet with Performance Select Account Online

Apply Now

Understand Your Rate

Help to alleviate account statement surprises.

Reserve
Interest Rate

Your Reserve interest rate is on the interest-bearing checking account included within Virtual Wallet.

Growth Standard
Interest Rate

Your Virtual Wallet savings account interest rate. Dependent on starting balance and Virtual Wallet product.

Growth Relationship
Interest Rate

An even higher Virtual Wallet savings account interest rate when you meet one of the qualifications. Dependent on starting balance and Virtual Wallet product.[3]

Digital Banking

Manage your money the way you want.

Learn more about our Online and Mobile Banking tools »

Zelle®

Easily send money to people you trust regardless of where they bank in the U.S.[8]

Mobile Deposits

With PNC mobile banking apps, you can securely deposit checks and access funds using a tablet or mobile phone.[9]

Transfer Money

Transfer money easily between your PNC accounts in Online Banking or the Virtual Wallet app.[10]

 

Looking for a different Virtual Wallet offer?

You can earn $200 when you open a new Virtual Wallet with
Performance Spend.

Learn More »

Need More Info?

Frequently Asked Questions

Important Legal Disclosures & Information

  1. You may earn a $500 reward if you open a new Virtual Wallet with Performance Select or Performance Select Checking account. You may earn a $200 reward if you open a new Virtual Wallet with Performance Spend or Performance Checking account. You will only be considered for one reward amount, which is based on the product type you open.

    To qualify for the reward, the new checking account be opened online via the "Open an Account Online" links on this web page between 9/1/19 and 10/31/19, and the following conditions must be met within the first 60 days: (a) qualifying Direct Deposit(s) must be received and (b) 10 qualifying debit card purchases must be made using the PNC Bank Visa Debit Card associated with the newly opened account. Your checking account must remain open in order for you to receive the reward, which will be credited to the eligible account within 60-90 days after all conditions have been met and will be identified as “CREDITS PROMO REWARD” on your monthly statement. A qualifying Direct Deposit is defined as a recurring Direct Deposit of a paycheck, pension, Social Security or other regular monthly income electronically deposited by an employer or an outside agency into the Spend account of a Virtual Wallet with Performance Select or Virtual Wallet with Performance Spend, or into a Performance Select Checking or Performance Checking account. The total amount of all qualifying direct deposits credited to your checking account must be at least $5,000 for Virtual Wallet with Performance Select or Performance Select Checking, or $2,000 for Virtual Wallet with Performance Spend or Performance Checking. Credit card cash advance transfers, transfers from one account to another or deposits made at a branch or ATM do not qualify as qualifying direct deposits.

    A qualifying debit card purchase is defined as a point-of-sale purchase or online purchase using your debit card information, including recurring transactions, made using the PNC Bank Visa Debit Card linked to the newly opened account. New account will not be eligible for offer if any signer has signing authority on an existing PNC Bank consumer checking account or has closed an account within the past 90 days, or has been paid a promotional premium in the past 12 months. If multiple accounts are opened with the same signers, only one account will be eligible for the premium. For this offer, signing authority will be defined by the customer name(s) and Social Security number(s) registered on the account. Offer may be extended modified or discontinued at any time and may vary by market. The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income to you. Please consult your tax adviser regarding your specific situation.

  2. Annual Percentage Yield (APY) accurate as of 8/20/19. The APY for the Relationship Rate balance tiers on Virtual Wallet with Performance Select and Virtual Wallet with Performance Spend is as follows: $1–$9,999.99 receives 2.20%; $10,000–$24,999.99 receives 2.20%; $25,000–$49,999.99 receives 2.20%; $50,000–$99,999.99 receives 2.20%; $100,000–$249,999.99 receives 2.20%; $250,000–$499,999.99 receives 2.20%; $500,000–$999,999.99 receives 2.20%; and $1,000,000+ receives 2.20%. Rates and APYs may vary and may change after account opening. Fees could reduce earnings.

    APY accurate as of 8/20/19. The APY for the standard balance tiers on Virtual Wallet with Performance Select and Virtual Wallet with Performance Spend is as follows: $1–$9,999.99 receives 2.15%; $10,000–$24,999.99 receives 2.15%; $25,000–$49,999.99 receives 2.15%; $50,000–$99,999.99 receives 2.15%; $100,000–$249,999.99 receives 2.15%; $250,000–$499,999.99 receives 2.15%; $500,000–$999,999.99 receives 2.15%; and $1,000,000+ receives 2.15%. Rates and APYs may vary and may change after account opening. Fees could reduce earnings. 

    We may refuse or return any deposit amount causing the combined balance of all of your PNC accounts to exceed $5,000,000 (including any jointly owned, or in the case of an account owned by a living trust, jointly managed accounts). Rates and APYs may vary and may change after account opening. Fees may reduce earnings. Available in eligible markets.  Business accounts not eligible.

  3. To qualify for the Relationship Rate, you must either (a) have 5 or more point-of-sale transactions (excluding cash advances) during the previous calendar month using a PNC Visa Debit Card or PNC Visa Credit Card linked to your Virtual Wallet with Performance Select, or (b) have qualifying direct deposits to your Virtual Wallet with Performance Select. Starting with the calendar month following when you open your Virtual Wallet Growth account and monthly thereafter, whether the Virtual Wallet Growth account earns the standard or the Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions for the previous calendar month. A qualifying direct deposit is $5,000 for Virtual Wallet with Performance Select. A qualifying direct deposit is a recurring electronic deposit made by an employer or outside agency. Transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device or the mail are not eligible to meet this requirement.

    If there are changes to the linked checking account you have chosen to link (it is closed, changed to a new account type or no longer linked to your Virtual Wallet Growth account), you may no longer qualify for a Relationship Rate, or the rates may otherwise change to those in effect at the time of the change.

  4. When depositing checks at an ATM, you may receive an offer to choose PNC ExpressFunds, an optional service that makes your funds available faster for certain purposes. There is a fee for this optional service. If you decline the offer, you will still be able to make your deposit.

  5. In the event PNC determines that there has been fraudulent or excessive ATM usage on the account, PNC is not obligated to reimburse any related surcharge fees, and any related reimbursements must be repaid. Surcharge fees not identified within the transaction by the originating financial institution may not be reimbursed. Any fee reimbursements occur at the end of the statement period.

  6. Offers are available from participating merchants. Your personal banking information is not shared with the merchants participating in PNC Purchase Payback. Whether you receive offers may depend on using your PNC Visa Card, or where you use your PNC Visa Card to make purchases. Not everyone will get the same offer.

  7. Covers up to $10,000 out of pocket expenses incurred to regain your identity and to repair your credit. Certain restrictions and deductibles apply. See the Summary Description of Benefits for the Personal, Internet and Identity Coverage Master Policy for details. Coverage applies to Primary Checking account only, not to additional checking, savings or money market accounts.

  8. Zelle should only be used to send or receive money with people you know and trust. Before using Zelle to send money, you should confirm the recipient's email address or U.S. mobile phone number. Neither PNC nor Zelle offers a protection program for authorized payments made with Zelle. Zelle is available to almost anyone with a bank account in the U.S. Transactions typically occur in minutes between enrolled users. If the recipient has not enrolled, the payment will expire after 14 calendar days. See the PNC Zelle Terms of Use for additional terms and conditions.  Use of Zelle is subject to and conditional upon adherence to the terms and conditions of the PNC ZelleTerms of Use.  

  9. PNC does not charge a fee for Mobile Banking. However, third party message and data rates may apply. These include fees your wireless carrier may charge you for data usage and text messaging services. Check with your wireless carrier for details regarding your specific wireless plan and any data usage or text messaging charges that may apply. Also, a supported mobile device is needed to use the Mobile Banking App. Mobile Deposit is a feature of PNC Mobile Banking. Use of the Mobile Deposit feature requires a supported camera-equipped device and you must download a PNC mobile banking app. Eligible PNC Bank account and PNC Bank Online Banking required. Certain other restrictions apply. See the mobile banking terms and conditions in the PNC Online Banking Service Agreement.

  10. Federal regulation prohibits you from making more than a total of 6 transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point-of-sale purchase transactions with a banking card, by preauthorized or automatic agreements, telephone, or online. See your account agreement for more information. Other limits may apply to your account. Excessive transactions may result in changing your Money Market or Savings account to a non-interest bearing checking account.

PNC Purchase Payback is a registered mark of The PNC Financial Services Group, Inc.

Virtual Wallet is a registered trademark of The PNC Financial Services Group, Inc.

Visa is a registered trademark of Visa International Service Association and used under license.

PNC has numerous patents/pending patent applications directed at various features and functions of Virtual Wallet.

Bank deposit products and services provided by PNC Bank, National Association. Member FDIC

Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.