- Mile values are the same for travel and cash back
- Miles never expire as long as the account is open and in good standing
- Multiple redemption options
- No transfer partners
- Minimum redemption requirements
- Only one credit card
PNC Miles Rewards Review Summary
PNC Miles Rewards is the 15th best credit card rewards program, according to WalletHub's latest comparison, receiving 81 points out of a possible 100. The PNC Miles Rewards program includes only one credit card, the PNC Premier Traveler® Visa Signature Credit Card. It rewards cardholders with miles that are worth 0.5 cents to 1 cent each, depending on how they’re redeemed. There are several redemption options, from travel to cash back to gift cards.
PNC Miles Rewards Review Scorecard
#10 for Earning Policies
#27 for Redemption Policies
#1 for Rewards Value per Mile
#1 for Eligibility & Transparency
Best PNC Miles Rewards Credit Cards
Transfer Fee: 3%
- Earn 30,000 bonus miles (redeemable for $300 in travel) on spending $3,000 or more in qualifying purchases during the first 3 months of account opening.
- Earn 2 miles for every $1 spent on all qualifying purchases.
- Virtually no limit to the number of miles you can earn.
- Redeem miles to cover travel purchases you’ve already made, to book new travel or redeem miles for travel-related gift cards or for cash.
- 0% Intro APR on balances transferred within 90 days of account opening.
- 24/7 Visa Signature® Concierge
- Get exclusive perks at 900+ hotels with the Visa Signature® Luxury Hotel Collection.
- Built-in travel protection: Lost Luggage Reimbursement, Travel & Emergency Assistance Services, Travel Accident Insurance and Roadside Dispatch®
- More Details & Reviews About PNC Premier Traveler® Visa Signature Credit Card
Summary: PNC Miles Rewards Scores by Review Category
|Rewards Value per Mile||30/30|
|Eligibility & Transparency||20/20|
How to Earn PNC Miles Rewards
Category Rating: 87% (26/30)
You will earn 2 miles per $1 spent with the PNC Premier Traveler® Visa Signature Credit Card. There’s no limit on how many miles you can earn.
- No expiration: Miles don’t expire as long as your account remains open and in good standing.
Earning Restrictions to Watch Out For: There are currently no notable earning restrictions with PNC Miles Rewards, other than the lack of cards with which to earn miles.
How to Redeem PNC Miles Rewards
Category Rating: 25% (5/20)
The best way to redeem PNC miles is for travel or cash back, because these options offer the most value by a wide margin. Below, you can read more about the different redemption options with PNC Miles Rewards.
You can redeem your miles to get a statement credit for any travel purchases made in the past 90 days. Alternatively, you can use miles to book new travel through your online account.
Cash back redemption can take the form of a statement credit or an electronic deposit to a PNC bank account.
You can spend your miles to get a variety of gift cards from popular merchants such as Airbnb, American Airlines, Uber, Carnival Cruise Lines and Amazon.
Redemption Restrictions to Watch Out For:
- Minimum redemption amount: You must redeem a minimum of 5,000 miles when redeeming for travel. You must redeem a minimum of 1,000 miles when redeeming for a monetary credit or deposit.
- No transfer partners: PNC Miles Rewards does not offer the ability to transfer miles to other companies’ loyalty programs.
PNC Miles Rewards Value
Category Rating: 100% (30/30)
PNC miles are worth 0.5 cents to 1 cent each, depending on how you redeem them. With the PNC Premier Traveler® Visa Signature Credit Card, you will earn 2 miles per $1 spent on all purchases.
PNC Miles Rewards Redemption Value
|Redemption Options||Value of 1 point|
|Car rentals||1 cent|
|Electronic deposit to PNC Premier Traveler account||0.5 cents|
|Electronic deposit to PNC consumer checking or savings account||0.5 cents|
|Electronic deposit to PNC Investments, LLC account||0.5 cents|
PNC Miles Rewards Eligibility & Transparency
Category Rating: 100% (20/20)
Only one PNC card currently participates in the PNC Miles Rewards program, the PNC Premier Traveler® Visa Signature Credit Card. PNC also has cash back and points rewards programs with different credit cards.
4 Tips for Getting the Most Out of PNC Miles Rewards
Following these tips could mean the difference between earning a free family vacation and only getting enough for a one-way flight:
- Redeem regularly
The whole point of earning credit card rewards is to enjoy the savings they provide. If you just leave your PNC miles sitting in your account unused, they won’t do you much good.
- Pay your bill on time every month
Your PNC miles won’t expire as long as your account remains open and in good standing. In other words, you have nothing to worry about if you pay your monthly bills on time.
- Pay your bill in full every month
Paying interest at a credit card’s regular APR will end up costing you more than rewards save you. Paying in full monthly allows you to avoid interest charges.
- Redeem before closing your account
You will lose any PNC miles left unredeemed when you close your account.
PNC Miles Rewards vs. Chase Ultimate Rewards vs. American Express Membership Rewards
|Category||PNC Miles Rewards||Capital One Miles Rewards||Discover Miles Rewards|
|Average Point/Mile Value||0.75 cents||0.7 cents||1 cent|
|Redemption Options Rank||27||3||9|
|Notable Rewards Card||PNC Premier Traveler® Visa Signature Credit Card||Capital One VentureOne Rewards Credit Card||Discover it® Miles|
PNC Miles Rewards Review Methodology
This review of PNC Miles Rewards is based on the same methodology as WalletHub’s annual study on the Best Credit Card Rewards Programs. Editor’s ratings reflect the sum of each program’s scores across the study’s four major categories, adjusted to a 5-point scale to create a representative distribution of ratings. The four major categories considered were: Earning Policies, Redemption Policies, Rewards Value per $1 Spent and Eligibility & Transparency.
WalletHub calculated mile values for PNC Miles Rewards by comparing the dollar value of redemption items against the number of miles needed for each.