![]() ![]() ![]() You’ll get a checkbook and card linked to your Spend account, and can switch easily between accounts when you want to, using the PNC app. App Store is a service mark of Apple Inc., registered in the U.S. When you open a PNC Virtual Wallet, you’re actually opening 3 accounts - Spend for checking, Reserve as an interest bearing checking option, and Grow as your long term savings vehicle. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. Google Play and the Google Play logo are trademarks of Google LLC. So, if youre looking for a better interest-bearing checking account offer, go with the latter. Please contact your plan administrator with questions about enrollment or plan restrictions. Ally’s checking account also pays interest, which you won’t earn with a PNC Virtual Wallet Spend account. Interest rates in this offer are somewhat lower than with the Performance Select, and go up to 0.10. Please contact a legal or tax professional for advice on eligibility, tax treatment and restrictions. Products Checking, savings, CD, money market, prepaid debit cards Fees Waivable monthly services fees of 5 to 7 on most accounts, 3 out-of-network ATM fee ATM Network 60,000 ATMs Table of. The annual percentage yield for the Certificate of Deposit quoted above is current as of May 5, 2023. Federal and state laws and regulations are subject to change. This communication is not intended as legal or tax advice. Employer-Sponsored Plans are not individually owned and amounts available under the Employer-Sponsored Plan are not FDIC insured. ("Optum Financial") and are subject to eligibility and restrictions. Although PNC Virtual Wallet Student Checking comes with two interest-bearing savings accounts, you’ll only earn 0.03 APY in each of them. On December 14th, 2022, Federal Reserve officials raised the federal funds rate, for the seventh time this year. Fees may reduce earnings on account.įlexible spending accounts (FSAs), dependent care assistance programs (DCAPs), health reimbursement arrangements (HRAs), Commuter and Parking Benefits, Tuition Assistance Plans, Adoption Assistance Plans, Surrogacy Assistance Plans, Wellness Benefits, and Lifestyle Accounts (collectively, “Employer-Sponsored Plans”) are administered on behalf of your plan sponsor by Optum Financial, Inc. Summary: In response to the recent federal funds rate increases, PNC Bank has increased the maximum APY for its Savings and CD accounts. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. is not a bank or an FDIC insured institution. Health savings accounts (HSAs) and Medicare Advantage Medical Savings Accounts (MSAs) are individual accounts offered or administered through Optum Bank ®, Member FDIC, a subsidiary of Optum Financial, Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |