Steps to Setting Up Your PNC Bank Checking Account

Steps to Setting Up Your PNC Bank Checking Account

With over a century of service and numerous awards, PNC Bank is a solid choice for anyone looking to open a new checking account. It has been named the Best Overall Bank for Students and one of the Best Private Banks in the past two years.

### Requirements to Open a PNC Bank Account
To open a PNC Bank account online, you must be a U.S. citizen over 18 years old. Other new customers need to visit a local branch. You’ll need a valid U.S. address and two forms of identification. Online applications accept only these types of ID:
– U.S. driver’s licenses
– State-issued IDs
– Military-issued IDs

Your account will be approved after verifying this information.

### How to Open a PNC Bank Account
You can open a PNC Bank account at a local branch, but it’s quicker to do it online.

### Setting Up an Account Online
To set up an account online, follow these steps:
1. Visit PNC Bank’s website.
2. Choose an account.
3. Enter your personal details as required.
4. Provide an email and phone number for contact purposes.

### PNC Bank’s Checking Accounts and Fee Structure
PNC Bank checking accounts are now called “Virtual Wallets,” reflecting their digital-first approach. You can manage your finances from a mobile device, and there are no minimum deposit requirements. While the spend account doesn’t earn interest, the reserve and growth accounts do. There are no fees for using PNC-owned ATMs, but charges may apply for other ATMs.

Here are the three different checking accounts:

#### Virtual Wallet
– Reimburses two non-PNC ATM charges and up to $5 in surcharge fees each statement cycle.
– $7 monthly fee, waived if:
– You have at least $500 in monthly direct deposits.
– You maintain a $500 monthly balance between primary and secondary accounts.
– You are over 62 years old.

#### Virtual Wallet with Performance Spend
– Reimburses the first four non-PNC ATM charges and up to $10 in surcharge fees each statement cycle.
– $15 monthly fee, waived if:
– You have at least $2,000 in monthly direct deposits.
– You maintain a $2,000 monthly balance between accounts.
– You have at least $10,000 in all PNC deposit accounts.

#### Virtual Wallet with Performance Select
– No charges for non-PNC ATMs and up to $20 in surcharge reimbursements each statement cycle.
– $25 monthly fee, waived if:
– You have at least $5,000 in monthly direct deposits.
– You maintain a $5,000 monthly balance between accounts.
– You have at least $25,000 in all PNC consumer or investing accounts.

### PNC Bank’s Savings Accounts and Fee Structure
PNC Bank offers a savings account that can be linked with its Virtual Wallet options for comprehensive money management. It features Low Cash Mode, which provides alerts and flexibility with overdrafts.

You also have two separate savings options:

#### Standard Savings Account
– No minimum balance requirements and six free withdrawals per month.
– No fees for using PNC ATMs.
– Includes an auto-save feature.
– $5 monthly fee, waived if:
– The average monthly balance is above $300.
– Savings are linked with a PNC checking account.
– You set aside $25 for auto-save monthly.
– The account holder is under 18 years old.