Virtual Wallet
Virtual Wallet
Spend
This is a non-interest bearing account.
Reserve
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 and above | 0.01% | 0.01% |
Growth
Relationship RatesLegal Footnote[2]
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $2,499.99 | 0.02% | 0.02% |
| $2,500.00 and above | 0.03% | 0.03% |
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $2,499.99 | 0.01% | 0.01% |
| $2,500.00 and above | 0.01% | 0.01% |
Virtual Wallet Student
Spend
This is a non-interest bearing account.
Reserve
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 and above | 0.01% | 0.01% |
Growth
Relationship RatesLegal Footnote[2]
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $2,499.99 | 0.02% | 0.02% |
| $2,500.00 and above | 0.03% | 0.03% |
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $2,499.99 | 0.01% | 0.01% |
| $2,500.00 and above | 0.01% | 0.01% |
Virtual Wallet with Performance Spend
Spend
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $2,000.00 - $9,999.99 | 0.01% | 0.01% |
| $10,000.00 - $49,999.99 | 0.01% | 0.01% |
| $50,000.00 - $99,999.99 | 0.01% | 0.01% |
| $100,000.00 and above | 0.01% | 0.01% |
Reserve
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 and above | 0.01% | 0.01% |
Growth
Promotional Rates for your first 12 months. See eligibility requirements below Legal Footnote[3]| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $10,000.00 and above | 2.96% | 3.00% |
Relationship RatesLegal Footnote[2]
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $9,999.99 | 0.03% | 0.03% |
| $10,000.00 - $24,999.99 | 0.03% | 0.03% |
| $25,000.00 - $49,999.99 | 0.03% | 0.03% |
| $50,000.00 - $99,999.99 | 0.03% | 0.03% |
| $100,000.00 - $249,999.99 | 0.03% | 0.03% |
| $250,000.00 - $499,999.99 | 0.03% | 0.03% |
| $500,000.00 - $999,999.99 | 0.03% | 0.03% |
| $1,000,000.00 and above | 0.04% | 0.04% |
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $9,999.99 | 0.01% | 0.01% |
| $10,000.00 - $24,999.99 | 0.01% | 0.01% |
| $25,000.00 - $49,999.99 | 0.01% | 0.01% |
| $50,000.00 - $99,999.99 | 0.01% | 0.01% |
| $100,000.00 - $249,999.99 | 0.01% | 0.01% |
| $250,000.00 - $499,999.99 | 0.01% | 0.01% |
| $500,000.00 - $999,999.99 | 0.01% | 0.01% |
| $1,000,000.00 and above | 0.01% | 0.01% |
Virtual Wallet with Performance Select
Spend
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $2,000.00 - $9,999.99 | 0.01% | 0.01% |
| $10,000.00 - $49,999.99 | 0.01% | 0.01% |
| $50,000.00 - $99,999.99 | 0.01% | 0.01% |
| $100,000.00 and above | 0.01% | 0.01% |
Reserve
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 and above | 0.01% | 0.01% |
Growth
Promotional Rates for your first 12 months. See eligibility requirements below Legal Footnote[3]| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $10,000.00 and above | 2.96% | 3.00% |
Relationship RatesLegal Footnote[2]
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $9,999.99 | 0.04% | 0.04% |
| $10,000.00 - $24,999.99 | 0.04% | 0.04% |
| $25,000.00 - $49,999.99 | 0.04% | 0.04% |
| $50,000.00 - $99,999.99 | 0.04% | 0.04% |
| $100,000.00 - $249,999.99 | 0.05% | 0.05% |
| $250,000.00 - $499,999.99 | 0.05% | 0.05% |
| $500,000.00 - $999,999.99 | 0.05% | 0.05% |
| $1,000,000.00 and above | 0.05% | 0.05% |
Standard Rates
| Balance to Earn Interest | Interest Rate | APY Legal Footnote[1] |
|---|---|---|
| $1.00 - $9,999.99 | 0.01% | 0.01% |
| $10,000.00 - $24,999.99 | 0.01% | 0.01% |
| $25,000.00 - $49,999.99 | 0.01% | 0.01% |
| $50,000.00 - $99,999.99 | 0.01% | 0.01% |
| $100,000.00 - $249,999.99 | 0.01% | 0.01% |
| $250,000.00 - $499,999.99 | 0.01% | 0.01% |
| $500,000.00 - $999,999.99 | 0.01% | 0.01% |
| $1,000,000.00 and above | 0.01% | 0.01% |
1. All rates and Annual Percentage Yields (APYs) are accurate as of 3/27/2025. Rates and APYs may vary and may change after account opening. Fees could reduce earnings. To determine if these rates have changed, call 1-888-PNC-BANK. Rates on variable rate accounts may change after account opening. Interest rates, APYs and other terms may vary in other PNC Bank markets. Refer to the PNC Virtual Wallet Fine Print "What You Need To Know" and/or the Features and Fees document that corresponds to the Virtual Wallet product you are selecting for other important terms and conditions.
2. To qualify for the Relationship Rate, you must meet one of the following requirements:
- Make a combination of 5 or more PIN and/or signature point-of-sale transactions (excluding cash advances) posted during the previous calendar month to your Spend account using your Virtual Wallet Visa® Debit Card or your PNC consumer Visa Credit Card that you have chosen to link with your Virtual Wallet online view.
- Have $500 in qualifying direct deposits to your Spend account for Virtual Wallet and Virtual Wallet Student during the previous calendar month.
- Have $2,000 in qualifying direct deposits ($1,000 for WorkPlace or Military Banking customers) to your Spend account for Virtual Wallet with Performance Spend during the previous calendar month.
- Have $5,000 in qualifying direct deposits in your Spend account for Virtual Wallet with Performance Select during the previous calendar month.
When you open or transfer into a Virtual Wallet Growth account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate will be determined on the first of each month and will be based upon the number of qualifying transactions or direct deposit requirements from the previous calendar month.
3.To earn this Promotional Rate ("Offer"), you must open a new Virtual Wallet with Performance Select Growth* or Virtual Wallet with Performance Spend Growth account* and maintain a minimum daily balance of $10,000. If your balance goes below $10,000, you will earn either the variable Standard or Relationship Rate based on eligibility. This Offer is only available to customers who have a PNC Consumer Checking Account and who currently do not have, and have not had, any of the following accounts in the 6 months prior to opening your new Virtual Wallet with Performance Select Growth account or Virtual Wallet with Performance Spend Growth account:
- PNC consumer money market account
- PNC Virtual Wallet with Performance Spend Growth account
- PNC Virtual Wallet with Performance Select Growth account
* Product transfers or upgrades from any existing PNC accounts to money market or Growth accounts are ineligible. Trust, Estate and other specialty titled accounts are excluded from this offer.
This offer may be modified or discontinued at any time.
Important Note about Balance: If your account balance exceeds $1 million at any time during the Offer Period, PNC reserves the right to terminate the Offer and apply either the variable Standard or Relationship Rate based on eligibility. PNC reserves the right to refuse, or return to you, any deposit amount that causes your balance to exceed $1 million. PNC Bank may adjust the $1 million maximum threshold at its discretion.
Customers who meet the promotional eligibility requirements will have the Promotional Rate applied to their account within (5) business days of account opening, at which time the Promotional Offer Period of 12 months will start. Additionally, a rate disclosure with promotional terms and conditions will be mailed as confirmation.
Important Note about Current Rate: Your Growth account will earn the highest rate available to you (Promotional, Standard or Relationship Rate) for which you qualify based on the applicable balance tier and the criteria above.
PNC reserves the right to refuse or return any deposit amount to you that cause the combined balance of all of your Virtual Wallet Growth accounts with us to exceed $5,000,000 (including any jointly owned, or in the case of an account owned by a living trust, jointly managed accounts).
Transaction fees will apply to your account if you exceed six (6) Restricted Transfers in a monthly service charge period. Restricted Transfers are transfers from a Growth account to other accounts (including transfers to another account for overdraft protection) or to third parties by check, through point-of sale purchase transactions or similar debit card transactions, by pre-authorized or automatic agreements, telephone, online or similar order payable to a third person. If you make more than a total of six (6) Restricted Transfers in a monthly service charge period, you will be charged a fee for each Restricted Transfer. See your account agreement and fee schedule for more information. Other limits may apply to your account. We reserve the right to suspend enforcement of these transaction limitations, or to modify them, at our discretion.
