PNC Bank promotions and bonus offers of May 2025

If you plan on switching to PNC Bank, good news — it has a ton of checking account bonuses. Most of the bonuses require setting up direct deposit, keeping a certain average balance or performing a number of transactions.

While PNC’s account bonuses have requirements to meet before you get the cash, the conditions are pretty reasonable. Just keep in mind that PNC bonuses are for new customers or those who haven’t closed a PNC account in the last 90 days.

All PNC bonuses at a glance

PNC Bank’s best bonus offer

The easiest PNC bonus offer is the Virtual Wallet direct deposit bonus. Available until June 30, 2025, it offers a $100 bonus for setting up a total of at least $500 in qualifying direct deposits — with no other activity or balance requirements. After you’ve met the conditions, PNC will send the bonus within 60 to 90 days.

The base Virtual Wallet account that offers the $100 direct deposit bonus has a $7 monthly fee. You can waive this fee with $500 in direct deposit, keeping an average monthly balance of $500 across the PNC wallet subaccounts or being over the age of 62.

If you want the most cash for a personal account, the $400 direct deposit bonus with the Virtual Wallet with Performance Select account could be for you, but it requires $5,000 in direct deposits to earn. Additionally, that account has a $25 monthly service fee unless you waive it with $5,000 in monthly direct deposit to your Spend account or a combined $10,000 average monthly balance from all your PNC accounts (up to eight).

What does PNC consider a qualifying direct deposit?

Like most banks with bonus or welcome offers, PNC Bank considers qualifying direct deposits as recurring payroll deposits or regular monthly income, such as paycheck direct deposit, pension and Social Security.

One-off deposits like peer-to-peer transfers, tax refunds, credit card cash advances and other similar transactions aren’t considered qualifying direct deposits by PNC.

Compare more bank account bonuses

PNC offers bonuses for its Virtual Wallet accounts, but those accounts aren’t available in all states. On top of that, the Virtual Wallet accounts have high monthly service fees. PNC’s business account bonuses are high but also have hefty direct deposit and/or balance requirements.

If you’re not set with switching to PNC or you’re on the hunt for easier or higher bank account bonuses, compare the best bonus offers here.

• SoFi terms and conditions

  SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.
  
  We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.
  
  SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.
  
  We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.
  
  Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
  
  Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with Eligible Direct Deposits of $1,000 or more during the current 30-day Evaluation Period as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.

Frequently asked questions

Does PNC have a referral bonus?

PNC doesn’t currently have a referral bonus program for its regular consumer or business accounts. PNC used to feature a referral program for PNC WorkPlace Banking, which is reserved for employees at participating companies and those a part of PNC Organizational Financial Wellness. Currently, the PNC WorkPlace Banking features a $300 bonus when you fund a new PNC mortgage and open a PNC WorkPlace Banking checking account.

Are there banks with immediate signup bonuses?

Not typically, no. To earn bank account or signup bonuses, you almost always need to meet some sort of requirement, like setting up direct deposit or keeping a certain balance. Most bonuses are paid out after the conditions are met, often between 30 to 90 days after you’ve met the requirements and kept the account open and in good standing.

Is PNC Bank giving away $500?

PNC is offering a $500 bonus to new business checking customers who open select accounts and meet requirements. You can earn $500 by opening a PNC Treasury Enterprise Plan or PNC Analysis Business Checking account and meeting average balance requirements.

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Bethany Hickey

Banking editor

Bethany Hickey is the banking editor and personal finance expert at Finder, specializing in banking, lending, insurance, and crypto. Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt. Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others. Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine. See full bio

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