DOC Compass — Offers, decoded

Deal is back, we don’t know the exact details but appears to be available at Ansley Park branch in Atlanta. Possibly available at other branches as well, if anybody finds out other branches let us know. Hat tip to RHGA77

Offer at a glance

Maximum bonus amount: $400 + $30
Availability: See below
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: ~~August 30th, 2017 March 31st, 2018~~ Unknown

The Offer

Direct link varies by location:

Currently don’t know of any working links

Open a new checking account at one of PNC’s new branches 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 ($430 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. 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.

Last time it didn’t last long before they changed it online to $300 from $400, so book an appointment now if you’re interested.

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

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