PNC Checking Account Bonus ($200 and $400 offers)

Get up to $400 when you open a new PNC checking account and make qualifying direct deposits. The bonus amount is $200 or $400, depending on the PNC account you choose to open.

Learn more about the latest PNC bank offer below!

Ninja Update 5/7/22: The $400 bonus is back again and seems to be showing up more consistently now.

PNC $200/$400 Checking Account Promotion

PNC is offering a welcome bonus when you use the link below to open and use a new checking account. This promotion has a tiered bonus where you can earn either $200 or $400:

• Earn a $200 bonus when you open a Virtual Wallet with a Performance Spend checking account and receive direct deposit(s) totaling $2,000 or more within 60 days of account opening
• Earn a $400 bonus when you open a Virtual Wallet with a Performance Select checking account and receive direct deposit(s) totaling $4,000 or more within 60 days of account opening

The cash bonus will be credited to your account within 60-90 days after all conditions have been met and will be identified as “Credits Check Reward” on your monthly statement.

Checking Bonus Offer Details

Availability: Nationwide
Expiration: 6/30/2022
Household Limit: None
Direct Deposit Required: Yes, $2,000 or $4,000 depending on bonus (see what counts as a direct deposit)
Soft/Hard Pull: Soft
Early Account Termination Fee: $25 if closed within six months

Eligibility

You’re eligible for this PNC checking account promotion as long as you:

• don’t have signing authority on an existing PNC Bank consumer checking account AND
• haven’t closed a PNC account within the past 90 days AND
• weren’t paid a promotional bonus in the past 24 months

Checking Account Fees (and how to avoid them)

PNC Performance Spend ($15)

PNC Performance Spend has a $15 monthly service fee that can be waived if you meet any one of the following:

• $2,000 combined average monthly balance in your Spend and up to 7 PNC Bank consumer checking accounts you have chosen to link OR
• $15,000 combined average monthly balance across PNC Bank consumer deposit and/or PNCI investment accounts you have chosen to link OR
• $2,000 in qualifying monthly direct deposits to your Spend account during the statement period OR
• Account holder is a PNC Employee

PNC Performance Select ($25)

PNC Performance Select has a $25 monthly service fee that can be waived if you meet any one of the following:

• $5,000 combined average monthly balance in your Spend and up to 7 PNC Bank consumer checking accounts you have chosen to link OR
• $25,000 combined average monthly balance across PNC Bank consumer deposit and/or PNCI investment accounts you have chosen to link OR
• $5,000 in qualifying monthly direct deposits to your Spend account during the statement period OR
• Account holder is a PNC Employee

View this PDF link to see PNC’s full list of features and fees.

Bonus Offer Terms & Conditions

• Offer is contingent on product availability and may vary based on where you open your account and the Zip code of your primary address.
• For online or phone origination, the Zip code of your primary address will be used to determine product availability.
• Changing your product type any time after account opening and prior to the payout of your earned reward, could result in different offer requirements and reward amount.
• The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income to you. Please consult your tax adviser regarding your specific situation. 

The Bottom Line

Not everyone will see the two different offers as it depends on your geographic location (based on the zip code you initially enter).

Both the $200 and $400 bonuses are similar to the previous PNC deal. If you have the funds, I’d go for the $400 bonus version. It’s the highest offer I’ve seen offered by PNC.

This offer has been added to the list of the best bank account bonuses.