PNC Virtual Wallet Student

Offered by: PNC

4.2 13 reviews Write a Review!

1 2 3 4 5 Your Rating: Excellent

Info about the PNC Virtual Wallet Student has been collected by WalletHub to help consumers better compare checking accounts. The financial institution did not provide the details.

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PNC Virtual Wallet Student Rates

$1+

MINIMUM TO OPEN None

PNC Virtual Wallet Student Fees

MONTHLY FEE None
MIN BALANCE TO AVOID MONTHLY FEE N/A
OTHER WAYS TO AVOID MONTHLY FEE N/A

PAPER STATEMENT
FEE None
OVERDRAFT FEE $36
NEGATIVE ACCOUNT BALANCE FEE Info Not Found

PNC Virtual Wallet Student ATM & Debit Card Usage

IN-NETWORK ATM TRANSACTION FEE None
ATM NETWORK SIZE 18000 ATMs
OUT-OF-NETWORK ATM TRANSACTION FEE $3
REBATE OF ATM OWNER SURCHARGE up to 2 transactions per month

FOREIGN ATM FEE 3% (and $5)
DEBIT CARD VISA
DEBIT CARD FOREIGN TRANSACTION FEE 3%

PNC Virtual Wallet Student Additional Info

REWARDS No
ONLINE BILL PAY FEE $0 per month
ADDITIONAL REQUIREMENTS Proof of active enrollment in a qualifying educational institution

As an active student with Virtual Wallet Student, you’ll have no minimum balance requirement or monthly service charge for 6 years from the date of account opening
At the end of the 6 years, your Virtual Wallet Student account will convert to Virtual Wallet and be subject to the Virtual Wallet Features and Fees in effect at that time
Reimbursement of the fee for the first 2 domestic or international non-PNC Bank ATM transactions
One automatic courtesy refund of any Overdraft Item or Returned Item fees associated with the first overdraft event
As a PNC customer, you can access your money fee-free at nearly 18,000 ATMs across the country

Apply Now

at PNC's
secure site

PNC Virtual Wallet Student Interest Rate Tracker

Apply Now

at PNC's
secure site

The graph above is based on WalletHub data. Actual rates may vary. For time periods with multiple applicable rates in our database, based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify the rates, fees, and all terms and conditions with the respective financial institution.

Customer Questions and Answers

Don't see what you're looking for? Submit your question about PNC Virtual Wallet Student to our community.

Can you have a savings account linked to this account which can cover any overdrafts? Reply 1 1

WalletHub

@WalletHub

Virtual Wallet is comprised of 3 accounts - Spend, Reserve and Growth. If you overdraw the Spend account, it is automatically protected by the Reserve and Growth accounts. The bank will not apply a fee for this transaction.

1 Upvote

Will I be notified when my student account gets converted into a Virtual Wallet account? Reply

Kendall Morris

@kendallmorris

You will be notified when your student account gets converted into a Virtual Wallet account.

0 Upvotes

I'm allowed 6 free transactions a month. Does using your debit card count as one transaction? Reply

0 Upvotes

What is the age requirement for a Visa debit card? Reply

Kendall Morris

@kendallmorris

In order to apply online you will need to be at least 18. If you are younger, you will have to open a joint account with a parent or guardian. Please find more details here: https://www.pnc.com/en/personal-banking/banking/student-banking.html.

0 Upvotes

Do you have to be at one of the schools listed on the website? What is a 'qualifying institution'? Reply

WalletHub

@WalletHub

In order to avoid the monthly service fee for the Virtual Wallet Student checking account, you need to be enrolled in the institution mentioned here: https://www.pnc.com/en/personal-banking/banking/student-banking.html.

0 Upvotes

Can a high school student open a Virtual Wallet Student account? If not, does the high school student pay the $7.00 monthly service charge? Reply

WalletHub

@WalletHub

No, to open the account and enjoy the monthly service waiver you will need to be enrolled in college.

0 Upvotes

What else do you need besides two forms of identification when getting a student account? Reply

WalletHub

@WalletHub

When getting a student account, you will need to provide a valid U.S. address, Social Security Number and a second form of ID (Driver’s License, or State Issued ID or Miltary ID).

0 Upvotes

What is the minimum student age? Do we need to bring the student's SSN to the application meeting? Reply 1

WalletHub

@WalletHub

To apply online the minimum age is 18. If you are younger than 18, you need to visit a branch and bring your parent or guardian to apply. Please note that you will need to bring your student ID, report card or other proof of student status, as well as a valid SSN.

0 Upvotes

Is the usage of foreign ATM withdrawals included in the rebate of the ATM surcharge? Reply

WalletHub

@WalletHub

Yes, foreign ATM withdrawals are included in the 2 transaction per month rebate.

0 Upvotes

What is the minimum age requirement to open this kind of account? Reply

WalletHub

@WalletHub

Unfortunately, this information is not made available on the bank’s official website. However, the bank mentions that you will only be able to apply online for the Virtual Wallet Student account if you are 18 or over. Please stop by any branch with your parent or guardian to apply if you are a minor. You can find the nearest branch here: https://apps.pnc.com/locator/#/search.

0 Upvotes

Reviews

PNC Virtual Wallet Student Reviews

Help fellow WalletHub members save money. Share your insights and review the PNC Virtual Wallet Student:

4.2

Overall Rating: 4.2 / 5

Total Ratings: 13

5 star 7
4 star 4
3 star 0
2 star 1
1 star 1

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By: maen

Everything about PNC was great, I got my account activated in couple days, there was no fees for student's account, and overdraft protection, the only missing thing about them is that I didn't get a Chip-card, I'm still waiting for it.
One problem I had with them, when I changed my address, they changed the account address but not the card address and I had to go through hard times with their customer support to solve this problem. Other than this everything was great.

November 12, 2015 · Flag

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By: joshh1

I have had nothing but good service with PNC. No monthly fees, overdraft protection, and ATM reimbursement really help out as a college student who doesn't have much cash. Their customer support is second to none and I have had nothing but good experiences with them. I plan to have my future checking and savings accounts with PNC, and I look forward to using their services.

May 29, 2015 · Flag

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By: reganw1

I love this account with PNC! It is perfect for me right now for several reasons. The best feature is that you do not have to maintain a minimum balance. This is such a huge stress relief because as a student you are broke majority of the time and need to use all the money you have.

November 13, 2014 · Flag

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By: lauriealecocq

I absolutely love having my bank account through PNC. I have the PNC Virtual Wallet Student Account, and love that I don't incur any monthly fees. A lot of accounts that offer no fees have a bunch of different stipulations-like making you keep a higher minimum balance in your checking account at all times, but with this account, I don't have to. Not having to worry about what dropping below a certain minimum balance makes this account great! One of the features besides the Virtual Wallet that I use a lot is online bill pay. I was able to set up all my bills, so once I get my different bills each month, all I have to do is log in, choose the company that I want to pay, (Example: My Capital One Credit Card) type in the amount that I want to pay, along with the date that I want it paid, and click select. I also love that you can see you previous billing history of what accounts you have paid in the past. This is exceptionally great because I don't have to worry about saving and filing a receipt. I highly recommend the PNC Virtual Wallet Student Checking Accounts!

November 7, 2014 · Flag

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Users also submitted 9 ratings without a full review

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