PNC Bank promotions and bonus offers of September 2024

If you plan on switching to PNC Bank, good news — it has a ton of checking account bonuses. Most of the bonuses require setting up direct deposit, keeping a certain average balance or performing a number of transactions.

While PNC’s account bonuses have requirements to meet before you get the cash, the conditions are pretty reasonable. Just keep in mind that PNC bonuses are for new customers or those who haven’t closed a PNC account in the last 90 days.

All PNC bonuses at a glance

Bonus type	Bonus amount	Requirements	Learn more
PNC Virtual Wallet® direct deposit bonus	$100	Open the account and set up a total qualifying direct deposit of at least $500 to the Spend account.	Read Review
PNC Virtual Wallet with Performance Spend direct deposit bonus	$200	Open the account and set up a total qualifying direct deposit of at least $2,000 to the Spend account.	Read Review
PNC Virtual Wallet with Performance Select direct deposit bonus	$400	Open the account and set up a total qualifying direct deposit of at least $5,000 to the Spend account.	Read Review
PNC Business Checking balance and activity bonus	$200	Open the account and hold an average minimum balance of at least $5,000 for the first three statement cycles, and make at least 20 debit card transactions within the first three statement cycles.	Read Review
PNC Business Checking Plus balance and activity bonus	$200	Open the account and hold an average minimum balance of at least $5,000 for the first three statement cycles, and make at least 20 debit card transactions within the first three statement cycles.	Read Review
PNC Treasury Enterprise Plan balance bonuses	$500 or $1,000	Earn $500 by opening the account and maintaining an average minimum balance of at least $30,000 for the first three statement cycles. Earn $1,000 by opening the account and maintaining an average minimum balance of at least $100,000 for the first three statement cycles.	Read Review
PNC Analysis Business Checking balance bonuses	$500 or $1,000	Earn $500 by opening the account and maintaining an average minimum balance of at least $30,000 for the first three statement cycles. Earn $1,000 by opening the account and maintaining an average minimum balance of at least $100,000 for the first three statement cycles.	Read Review
PNC Cash Rewards® Visa® Credit Card activity bonus	$250	Open the account and make at least $1,000 in purchases with the card within your first three months.

PNC Bank’s best bonus offer

The easiest PNC bonus offer is the Virtual Wallet direct deposit bonus. Available until September 03, 2024, it offers a $100 bonus for setting up a total of at least $500 in qualifying direct deposits — with no other activity or balance requirements. After you’ve met the conditions, PNC will send the bonus within 60 to 90 days.

The base Virtual Wallet account that offers the $100 direct deposit bonus has a $7 monthly fee. You can waive this fee with $500 in direct deposit, keeping an average monthly balance of $500 across the PNC wallet subaccounts or being over the age of 62.

If you want the most cash for a personal account, the $400 direct deposit bonus with the Virtual Wallet with Performance Select account could be for you, but it requires $5,000 in direct deposits to earn. Additionally, that account has a $25 monthly service fee unless you waive it with $5,000 in monthly direct deposit to your Spend account or a combined $10,000 average monthly balance from all your PNC accounts (up to eight).

What does PNC consider a qualifying direct deposit?

Like most banks with bonus or welcome offers, PNC Bank considers qualifying direct deposits as recurring payroll deposits or regular monthly income, such as paycheck direct deposit, pension and Social Security.

One-off deposits like peer-to-peer transfers, tax refunds, credit card cash advances and other similar transactions aren’t considered qualifying direct deposits by PNC.

Compare more bank account bonuses

PNC offers bonuses for its Virtual Wallet accounts, but those accounts aren’t available in all states. On top of that, the Virtual Wallet accounts have high monthly service fees. PNC’s business account bonuses are high but also have hefty direct deposit and/or balance requirements.

If you’re not set with switching to PNC or you’re on the hunt for easier or higher bank account bonuses, compare the best bonus offers here.

Bank	Bonus offer	More info
SoFi®	Up to $300	Learn more
Upgrade	Up to $200	Learn more
Fifth Third Bank	Up to $325	Learn more
Chime	Up to $100	Learn more
Varo	Up to $50	Learn more

• SoFi terms and conditions

  New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus when they set up Direct Deposit of at least $1,000 during the Direct Deposit Bonus Period. Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/24. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Direct Deposit can earn 4.50% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the 4.50% APY for savings (including Vaults). Members without Direct Deposit will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 8/27/2024. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
  Our account fee policy is subject to change at any time.
  SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $2M through participation in the program. See full terms at SoFi.com/banking/fdic/terms
  See list of participating banks at SoFi.com/banking/fdic/receivingbanks
  We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time
  Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

Frequently asked questions

Does PNC have a referral bonus?

PNC doesn’t currently have a referral bonus program for its regular consumer or business accounts. PNC used to feature a referral program for PNC WorkPlace Banking, which is reserved for employees at participating companies and those a part of PNC Organizational Financial Wellness. Currently, the PNC WorkPlace Banking features a $300 bonus when you fund a new PNC mortgage and open a PNC WorkPlace Banking checking account.

Are there banks with immediate signup bonuses?

Not typically, no. To earn bank account or signup bonuses, you almost always need to meet some sort of requirement, like setting up direct deposit or keeping a certain balance. Most bonuses are paid out after the conditions are met, often between 30 to 90 days after you’ve met the requirements and kept the account open and in good standing.

Is PNC Bank giving away $500?

PNC is offering a $500 bonus to new business checking customers who open select accounts and meet requirements. You can earn $500 by opening a PNC Treasury Enterprise Plan or PNC Analysis Business Checking account and meeting average balance requirements.