PNC Virtual Wallet Fees: What You Need to Know

Maintaining a combined average monthly balance of at least $500 in your Spend and Reserve accounts is essential to avoid paying the $7 monthly service charge. This can be achieved by meeting one of two criteria: making a minimum deposit or keeping a certain balance in your account.

When opening a Virtual Wallet, you'll need to consider the following fees:

* A $25 deposit is required if you open your account in a branch.

* There is no minimum deposit if you opt for online sign-up.

* Out-of-network ATM transactions come with a $3 fee each.

The Reserve and Growth accounts serve as built-in overdraft protection, providing an added layer of security for your finances. Virtual Wallet also offers two savings account options: Reserve is a secondary checking account, while Growth is a long-term savings account designed to help you achieve your financial goals.

PNC's main checking account offerings include Virtual Wallet, Virtual Wallet Performance Spend, and Virtual Wallet Performance Select. Each tier offers different benefits and perks, with the latter being the premium option featuring the highest level of benefits.

As a customer, you can enjoy good perks for up to six years with PNC's Virtual Wallet accounts. Additionally, PNC offers Virtual Wallet Student, a non-interest bearing checking account with no balance requirement or monthly service fee.

PNC Bank has been recognized as Most Trusted Bank in the 2023 Bankrate Awards and boasts a full array of online and mobile banking tools. With over 2,400 branches across 29 states and access to nearly 60,000 fee-free ATMs, PNC Bank is an excellent choice for customers who value traditional branch banking alongside modern personal-finance technology.

As a leading financial institution with assets of $556 billion, PNC Financial Services Group, the parent company of PNC Bank, offers a wide range of financial products and services to its customers. With PNC Virtual Wallet, you can rest assured that your finances are in good hands.

Pnc virtual wallet fees