Whether it’s time for a switch or it’s just the beginning of their banking journey, consumers want a bank with reliability and reputation. PNC Bank is a good example. It has a rich history stretching more than a century, along with numerous accredited awards in its honor. It received the title of Best Overall Bank for Students and has ranked as one of the Best Private Banks in the last two years. Show
Requirements To Open a PNC Bank AccountOnly U.S. citizens over 18 can open a PNC Bank account online. Other new customers will be required to visit their local branch. A valid address in the U.S. is required, as well as two forms of identification. It should be noted that online applications only accept three types of ID:
The account approval will be subject to verifying this information. How Can I Open a PNC Bank Account?It’s possible to open a PNC Bank account in a local branch, but the more efficient way is by completing an application form online. How Do I Set Up an Account With PNC Online?To set up an account, new customers can follow these steps:
A Better Way to Bank In addition to the aforementioned information, PNC will collect an email and phone number for contact purposes. PNC Bank’s Checking Accounts and Fee StructureOne thing to note about PNC Bank checking accounts is that they’re now classified as “Virtual Wallets.” This signifies the bank’s move to a digital-first approach where customers can manage all of their finances from a mobile device. For all checking accounts, a $25 minimum deposit is required. Each of the accounts is interest-earning. There are never any additional fees for using PNC-owned ATMs, but charges may apply outside of the PNC network. Here are the three different checking accounts customers can choose from. Virtual WalletThe standard Virtual Wallet with PNC Bank reimburses customers for two non-PNC ATM charges as well as up to $5 worth of surcharge fees charged from other ATMs each statement cycle. This account has a $7 monthly fee, which can be waived if customers meet at least one of the following requirements:
A Better Way to Bank Virtual Wallet With Performance SpendThe Virtual Wallet with Performance Spend reimburses the first four non-PNC ATM charges and up to $10 for surcharges each statement cycle. The standard monthly fee is $15, but it will be waived if one of the following applies:
Virtual Wallet With Performance SelectThe Virtual Wallet with Performance Select does not charge for the use of non-PNC ATMs. It also includes up to $20 worth of reimbursement for surcharges from other banks. The standard monthly fee is $25. It can be waived for satisfying one of these conditions:
PNC Bank’s Savings Accounts and Fee StructurePNC Bank has a savings account that can be linked with its Virtual Wallet options for an all-in-one money management solution. One of the perks is Low Cash Mode, which sends alerts and provides customers increased flexibility with overdrafts. In addition to this account, customers also have two separate options — the Standard Savings Account and the Premiere Money Market Account. Standard Savings AccountThe PNC Standard Savings Account has no minimum balance requirements and customers get 6 free withdrawals per month. All PNC ATM usage is fee-free, and the account includes an auto-save feature. Monthly fees are $5 but these can be avoided if one of the following conditions is met:
A Better Way to Bank Premiere Money Market AccountThe PNC Premiere Money Market Account has a minimum balance requirement of $100. The same fee-free ATM, auto-save and six free account withdrawals apply as with the Standard Savings Account. The main benefit of this account is higher interest rates, depending on the customer’s balance. Customers will need to reach out to PNC customer service for specific rates. Monthly fees are $12 but customers can have them waived by:
Other PNC Bank FeesPNC Bank has multiple hidden fees. Some examples relate to overdraft services, statements and wire transfers. Anyone considering opening an account should read the terms carefully before signing up. Final TakeApplying to open a PNC Bank account is a simple process when all the relevant materials are readily available. However, customers may need to monitor their accounts closely to avoid unwanted fees with PNC. While it has a range of accounts to suit most people, the hidden costs and ATM fees may warrant looking at other options before committing to it. FAQHere are some questions people often ask when considering opening a PNC account.
Editorial Note: This content is not provided by PNC Bank. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by PNC Bank. Share this article:  By David GranahanJune 24, 2022Related Articles
A Better Way to Bank About the AuthorDavid GranahanDavid is a qualified financial advisor in the Republic of Ireland. He has a bachelor's degree in business and entrepreneurship, as well as over five years of investing experience. Can I open up a PNC Bank account online?Can I set up a PNC bank account online? Yes. U.S. citizens with two acceptable forms of identification can apply for a PNC Bank account online.
How do I make an online account for PNC?What You'll Need. Social Security Number (SSN). PNC Account Number.. One of the following: PNC Visa® Debit Card PIN. Online Access PIN. Mobile or Phone Number to receive a one-time passcode.. What do I need to open up a PNC Bank account?If you're planning to open a new account or apply for a new service, you'll need the following documents.. Company Tax ID.. Company annual revenue.. Your Social Security Number.. Your monthly housing payment.. Your gross annual income.. Is it free to open a bank account at PNC?The minimum deposit to open for the Standard Savings account is $0 if the account is opened online. The minimum deposit to open for the “S” is for Savings account is $0 if the account is opened online. For current interest rate and Annual Percentage Yield information, call 1-888-PNC-BANK (1-888-762-2265).
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Can you set up a pnc bank account online
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