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PNC Checking Account $100 Bonus Promotion

If you’re looking for a new checking account and live in DC, DE, FL, IN, KY, MD, NJ, OH, PA or VA, they are running a $100 promotion for new PNC personal checking accounts. The requirements are slightly higher than your average checking account bonus promotion but not onerus. You need to open a qualifying checking account, setup a direct deposit, and make ten check card purchases with your new PNC Bank Visa check card. Your account will be credited with the $100 within 60 days of the direct deposit and ten purchases. The promotion ends April 30th, 2010 and you need to satisfy the conditions by June 30th, 2010.

PNC offers a free checking account with no minimum balance requirement, though your initial deposit must be $25 or more, and no monthly service charge plus they reimburse non-PNC Bank ATM fees if you have an average monthly balance over $2,000. You can see the schedule of fees here [3]. Also, if you’re curious about deposit rates, they’re not great. At the moment, PNC’s deposit rates [4] on certificates of deposit are below the nationally available best CD rates [5] available.

Most promotions of this type are time based, not check card use based, which makes this promotion somewhat “easier.” More details are available on this promotion page [6].