Getting Started

5 Ways to Maximize Your Banking Experience with Virtual Wallet®

Once you enroll in Online Banking, you have access to money management tools like the Calendar, Money Bar®, Spending + Budgets and the Savings Engine®.  

Ready to Get Started With Your New Virtual Wallet?



Follow the steps below - and take a look at this quick video for an overview of the Virtual Wallet tools available to you.

#1: Enroll in Online Banking

When you enroll in Online Banking you have full access to all of Virtual Wallet's tools and features. Take the time to learn how your Spend, Reserve and Growth accounts work together to help you see your money differently. 

Virtual Wallet is comprised of 3 accounts - Spend, Reserve and Growth. 

  • Spend is the primary checking account for your "everyday" transactions. Debit Card purchases, online bill payments, ATM withdrawals and checks will come from the Spend account by default.

  • Reserve is your short-term savings account where you can set aside money for upcoming expenses and budgeting purposes.  Once you have enough, simply transfer that money to your Spend account. 
  • Growth is your long-term savings account, helping you grow your nest egg and save for life-changing purchases ahead. You'll also receive a competitive interest rate[1] to further contribute to your savings goals.

If you overdraw your Spend account, it is automatically protected by your Reserve account if money is available. The Growth account can be set up as a secondary form of Overdraft Protection for your Spend Account. However, Overdraft Protection and Overdraft Coverage are not available for your Reserve and Growth accounts.

Did you know?

You can find your account and routing number to set up Direct Deposit, update your contact information and order checks through Online Banking. Visit our Customer Service page for more information. 

#2: Calendar

Images for illustrative purposes only.

The Calendar is your one-stop-shop for paying your bills. Use this tool to manage payees, view upcoming paydays and even set bill reminders so that you're in control of your cash flow. 

Did you know?

You can use the Calendar to track written checks and pre-authorized payments that are automatically withdrawn from your account, like a car payment or student loan.

#3: Use the Money Bar® to See Your Free Balance

Images for illustrative purposes only.

The Money Bar gives you a snapshot of your money with three separate categories: Scheduled Out (the money you have allocated for bills and other payments), Free (money that's available to spend), and Reserve (the money you've tucked away).

You can even take care of the following:

  • Schedule your bills on the Calendar
  • Add a check you wrote to your Scheduled Out
  • Add a pre-authorized payment to your Scheduled Out

Did you know?

The Money Bar allows you to easily move money between your Reserve and Spend accounts. 

#4: Track Your Spending & Create Budgets

The Spending + Budgets section gives you the 'big picture' of your spending. Track how your spending changes over time and view your spending history with ease, as your monthly transactions are broken down by categories like Entertainment + Travel, Bills + Utilities, Groceries and more. 

Did you know?

In addition to seeing which categories you spend the most in, you can also create Budget Alerts[2] to curb your spending habits. Simply set an alert threshold and we'll send an alert to your email address when your spending approaches the budgeted amount for any of your categories. 

Images for illustrative purposes only.

#5: Manage Your Long-Term Savings

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The Savings Engine is the hub for managing your long-term savings. Use Savings Goals to save for something special in your Growth account like a vacation. You can also set up Savings Rules to put money aside automatically and help keep your progress on track. 

Did you know?

Virtual Wallet users often set up Savings Goals to build an emergency fund, save for a home or tuck money away for a long-term purchase.


Important Legal Disclosures and Information

  1. If you 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 $500 for Virtual Wallet, or $2,000 ($1,000 for PNC WorkPlace Banking® or Military Banking customers) for Virtual Wallet with Performance Spend, or $5,000 for Virtual Wallet with Performance Select, you’ll earn the higher relationship rate on your Growth account for the following month. Transactions are considered to be made when the transaction posts to the Spend or credit card account, which may be later than the date you initiated the transaction.

    We will only link accounts at your direction. If you have not directed PNC to link another account to your Virtual Wallet, the accounts will not be linked and you will not receive a relationship rate, applicable waivers of monthly service charges or other relationship benefits on your unlinked PNC accounts. The requirement that you direct us to link accounts in order for you to receive benefits applies to all of your PNC accounts.

    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.

  2. PNC Alerts are free to customers. 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.

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