PNC $400 Checking Bonus + $30 Additional Bonus [FL – Orlando Mills Park location only]

Update: Page says $300, but people going in branch have been receiving $400.

Bonus is now only $300.

Offer at a glance

• Maximum bonus amount: $400 + $30
• Availability: Orlando, Mills Park location only
• Direct deposit required: Yes, minimum varies
• Additional requirements: 10 debit card transactions
• Hard/soft pull:  Soft
• ChexSystems: Unknown
• Credit card funding: Up to $2,000 with Visa or Mastercard (probably cash advance in branch)
• Monthly fees: $7-$25, waive-able 
• Early account termination fee: $25 if closed within six months
• Household limit: Unknown
• Expiration date: April 30th, 2017

The Offer

Direct link to offer

• Open a new checking account at PNC’s new Mills Park branch and receive a sign up bonus of up $400 when you complete the following requirements:
  • Receive a direct deposit
    • $100 bonus for opening Virtual Wallet and $500 DD
    • $300 bonus for opening Virtual Wallet Performance and $2000 DD
    • $400 bonus for opening Virtual Wallet Performance Select and $5000 DD
  • Make 10 debit card purchases [Read: How To Meet Minimum Debit & Credit Transaction Requirements]
• In addition you can get another $30 by having a 15 minute conversation with them about your financial goals

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Virtual Wallet $7 Monthly Fee ($100 Bonus)

You can get this fee waived if you meet any of the following:

• Average monthly balance of $500 or more
• Qualifying direct deposit of $500 or more
• Use only ATM, online banking, mobile banking or other self-serve electronic methods to make withdrawals and deposits
• Provide proof of active enrollment in a qualifying educational institution (expires 6 years after the account is enrolled in the student banking program

Virtual Wallet With Performance Spend $15 Monthly Fee ($200 Bonus)

You can get this fee waived if you meet any of the following:

• Average monthly balance of $2,000 or more
• Qualifying direct deposit of $2,000 or more
• $15,000 in linked eligible accounts

Virtual Wallet With Performance Select $25 Monthly Fee (4300 Bonus)

You can get this fee waived if you meet any of the following:

• Average monthly balance of $5,000 or more
• Qualifying direct deposits of $5,000 or more
• $25,000 in linked eligible accounts

Our Verdict

So the publicly available bonus is $300 and available to everybody in the following states: AL, DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI and WV. Some people might actually prefer that due to the credit card funding ability and not having to go in branch, obviously if you can fund in branch with a credit card and it’s not a cash advance then this deal is significantly better. The $30 bonus is pretty good for speaking with them as well, I can’t imagine they will bother you too much if you’re already planning on opening the checking account as well.

I’ll be adding this as a side note on our best checking bonuses page.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications