Open a PNC Virtual Wallet account with Performance Spend before September 30, 2013 and make a qualifying direct deposit and one bill payment within 60 days of account opening. $150 will then be credited to your account within 60 days of qualifying for the bonus.
PNC offer 3 different types of Virtual Wallet accounts and it is important to choose the one called Virtual Wallet with Performance Spend. The monthly fees for Virtual Wallet with Performance Spend is $10, but will be increased to $15 on December 9, 2013. However these fees can be avoided with direct deposits of at least $2,000 per statement cycle, or $2,000 minimum monthly balance.
The definition of qualifying direct deposit is that you have to make at least 1 direct deposit within 60 days, however the amount of direct deposits needs to be at least $2,000 before you are qualified and all direct deposits within the required time frame will count towards this goal.
This offer is only available in DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NJ, OH, PA, VA, and WI.
This Virtual Wallet Account will give you unlimited check writing, refundable ATM fees charged by other financial institutions up to $8 per month, and earn interest on balances.
Paypal ACH push has previously been counted towards qualifying direct deposits, but this can change at any point. Minimum initial deposit to open the account is $25, but credit card funding should be coded as a purchase and is allowed for up to $2,000.