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PNC – Retail Banking Product Change

PNC bank announces new accounts on 1st March 2011, to help customers save, manage money and avoid fees. PNC bank, member of the PNC Financial Services Group, Inc, helps customers and provides them better financial solution. It has integrated some changes after customers’ feed back and it is on the way to satisfy its customers in an improved way.

PNC bank helps customers save money in many ways. Customer survey helped PNC in deciding which offers should be up-dated and which new offers should be launched. PNC announced two new accounts and upgraded its existing offerings to deliver value added services to its customers. Virtual wallet is its practical example, it was launched in 2008. It gives opportunity to customers to access their accounts online and through mobiles. It’s a money management tool with some added features, for example no monthly service charges, no minimum balance, free over-draft protection, free account transfers, over 6,400 PNC ATMs and competitive high-yield interest.

PNC bank announces new accounts updates in the following areas;

1. Performance checking

PNC bank checking account offers three accounts so that you can choose, that suits you.

  • Free Checking: It is best for you if you want to keep things simple.
  • Performance Checking: It suits you if you want to get more for your money and get your money from more ATMs. Performance checking features a lower balance threshold, relationship pricing on deposit and loan rates and enhanced credit card rewards.
  • Performance Select Checking: It is right for you if you have sophisticated banking requirement, it delivers the value of performance checking as well.

2. PNC Credit Cards

PNC Credit Card features cash back. Customer can also add PNC CashBuilder Visa, PNC Points Visa and PNC Flex Visa Credit Cards in Virtual Wallet for built-in view across debit and credit spending.

3. Virtual Wallet Student

Virtual Wallet Student has some new enhancements that include additional budgeting and money management tools and bonus reward points with PNC credit cards.

PNC bank helps customers save money and aims to deliver valuable services to its customers. PNC wants to avoid customers’ dissatisfaction and provides them easy banking so that they can avoid costly financial mistakes.



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