In order to qualify for a Relationship Rate on Premiere Money Market, you must have a linked checking account (for the Performance Checking Relationship Rate, you must have a linked Performance Checking or Virtual Wallet® with Performance Spend, for the Performance Select Checking Relationship Rate, you must have a linked Performance Select Checking or Virtual Wallet with Performance Select) and meet one of the following requirements:
- Make a combination of 5 or more PIN and/or signature point-of-sale transactions (excluding cash advances) posted during the previous calendar month to your Checking account using your Visa® Debit Card or to your PNC consumer Visa Credit Card you have chosen to link to a qualifying PNC checking account.
- Have $2,000 in qualifying direct deposits ($1,000 for WorkPlace or Military Banking customers) during the previous calendar month in a Virtual Wallet with Performance Spend or Performance Checking you have chosen to link.
- Have $5,000 in qualifying direct deposits during the previous calendar month in a Virtual Wallet with Performance Select or Performance Select Checking you have chosen to link.
(A qualifying direct deposit is a recurring electronic deposit made by an employer or an 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.)
When you open or transfer into a Premiere Money Market account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate will be determined on the first of each month and will be based upon the number of qualifying transactions or direct deposit requirements from the previous calendar month.
If there are changes to your linked checking account (it is closed, changed to a new account type or no longer linked to your Premiere Money Market 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.