After opening an account with a bank, you might quickly discover that this financial institution isn’t a good fit. Maybe the bank doesn’t offer convenient locations or hours, or maybe you feel that you can find better products and services elsewhere.
Fortunately, you don’t have to stick around if you’re not completely satisfied. There are plenty of alternatives around every corner; and if you’re looking for a bank with a wide range of services and abundant locations, it’s time to open an account with PNC Bank.
Based in Pittsburgh, PNC Bank is one of the largest banks in the United States. From checking accounts to investment options, this institution is committed to helping you reach any and every financial goal.
PNC Bank Review: Products and Services
1. PNC Bank Checking Accounts for Easy Account Management
Whether you’re looking for a basic account or interest checking, PNC Bank has a selection that’s right for your money. The bank offers several checking options, including Virtual Wallet, Performance, Performance Select and Standard checking.
Monthly service fees range from $7 to $25, depending on the account, but the bank will waive the charge under certain conditions. For example, there is no fee for a Virtual Wallet account if you have $500 (or more) in qualifying monthly direct deposits or in your monthly balance, if you only use ATMs, online or mobile banking to make withdrawals and deposits, or if you use Virtual Wallet Student.
Features vary by account, but perks of some accounts include reimbursement of PNC fees for use at non-PNC ATMs, built-in overdraft protection, free online statements, free PNC online banking and free mobile banking.
2. Multiple PNC Bank Savings Solutions
It doesn’t matter whether you’re saving up to purchase your dream home or planning your next vacation — a PNC Bank savings account can put your goals within reach.
Get started with a Statement Savings account for only $25. There is a $4 monthly service fee, which the bank waives if you maintain an average monthly balance of $400.
The bank’s ‘S’ is for Savings account is perfect for teaching children how to save and budget. There is a $25 minimum to open an account and no monthly service fee for account holders under the age of 18.
If you’re looking to earn a higher rate, open a Premium PNC Bank Money Market account with as little as $100 and earn a tiered interest rate. For a safe investment strategy, PNC Bank offers fixed-rate CDs with terms ranging from seven days to 10 years. Certificates of deposit require a minimum deposit of $1,000 ($5,000 for terms shorter than 90 days), and offer competitive tiered rates with the added protection of FDIC insurance up to $250,000.
3. Affordable Mortgage Loan Options
Are you planning to buy or refinance your home in the upcoming months? Maybe you’re thinking about a home equity loan to consolidate debt or make home improvements. Regardless of your future plans, PNC Bank has a mortgage solution for you.
The bank offers a host of mortgage loan products, including fixed- and adjustable-rate mortgages, FHA mortgages, jumbo mortgages and VA loans. Not only do you have your pick of different solutions, you’ll enjoy competitive rates on mortgage terms ranging from 10 to 30 years. Other benefits of a PNC Bank mortgage include guaranteed, on-time closings and a quick, easy preapproval process.
4. Low-Rate Auto Loans
Get preapproved for a PNC Bank auto loan and you’ll know how much you can spend before stepping foot on a dealer’s lot. The bank offers flexible loan terms between 12 and 72 months, plus competitive, low-interest rates to help you snag the most affordable monthly payment.
PNC Bank is a good fit whether you’re buying a new car, refinancing your current car or buying out a lease. Apply today and receive a response in as few as 15 minutes.
5. Various Credit Card Options
Selecting the right credit card for your wallet can be tricky. PNC Banks, however, simplify this decision with three credit card options. With the PNC Points Visa and the PNC Flex Visa, you can earn four points for every $1 you spend; then, redeem your points for gift cards, travel and other merchandise.
If you prefer cash, earn between 1.25% and 1.75% cash back on qualifying purchases with a PNC CashBuilder Visa. Enjoy an introductory rate between 0% and 1.99%, depending on the card, plus no annual fees.
Why Should You Bank with PNC Bank?
PNC Bank is a large financial institution, and the perfect match if your prefer a bank with many convenient branches. Currently, there are some 2,700 PNC Bank locations in 19 states and the District of Columbia.
As a large bank, there is an abundance of financial products and services available, including retirement and wealth management solutions. Additionally, the bank offers a user-friendly online experience. You can manage your PNC Bank account from your computer, apply for loans online, and quickly locate branches or ATMs. PNC Bank also offers mobile banking, which lets customers deposit checks, transfer money and check their balances from any location.
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