PNC Bank Credit Card – Learn How to Apply for Cash Rewards Visa

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For anyone looking for an inexpensive card to use for their purchases, a great option is the PNC Cash Rewards Visa Card. This credit card has some good rewards for you to obtain.

Now, if you are a constant commuter, or you dine out frequently, the card offers generous bonuses that you probably won’t find with other cards. With no annual fees and a great deal for all your gas purchases, this card, should certainly be on your radar.

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Their bonuses are diverse, and this would work very well for people who prefer to carry just one card, instead of having a hundred cards fulfilling different functions in your wallet. Read on to learn more of what this credit card has to offer.

PNC Bank Credit Card - Learn How to Apply for Cash Rewards Visa
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Benefits of the PNC Cash Rewards Visa Card

Rewards System

The bank awards you 4% cash back on all purchases from the gas stations, 3% for dining in restaurants, and 2% for grocery purchases. The limit for your rewards is usually the first $8,000 of all combined purchases throughout the year.

The cap is set for each card member’s anniversary. So, for example, if you were to apply for this credit card on June, 6, 2020, the anniversary of your card would be June 6, 2021. 

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Currently, the card offers a bonus amount of $100 when you make purchases worth $1,000 or more during the first 3 billing cycles after getting the card.

Redeeming the Cards

You can redeem the rewards you earn from the PNC Visa card for monetary credit which can be deposited on the credit card or your PNC account. You will always have at least $25 dollars in your PNC cash rewards account. As long as your card is always in good standing, your rewards will not expire. 

Fees and Charges

The fees and charges that this credit card includes is an offer of 0% annual APR on all balance transfers in your first year of opening the account. However, you must do this in the first 90 days after getting your card. 

There is no annual fee. The Purchase and Balance Transfer APRs are 12.99% to 22.99%, and are based on creditworthiness. These APRs vary based on the prime rate. 

The Cash advance APR is charged at 22.99%, and the Penalty APR is charged at 28.99%. Minimum interest charges are only $1.50.

Transaction Fees

For Balance transfers, the fee charge is either 3% of the amount, or $5 – whichever one is greater – for the first 90 days after opening the account. Cash advance fees are charged at either $10 or 5%, whichever one is greater. Also, each foreign transaction is charged at 3%.

Penalty Fees

Late fee penalties can be charged up to $38, and returned payments can also be charged up to $38.

How to Apply

Visit the PNC website, then look for PNC Cash Rewards Visa Credit Card. This should be under the banking menu and then click on “apply now”.

Fill out the application form with the following information; your name, your date of birth, your current address, your social security number, your monthly rent or mortgage payments, and your total income.

After applying, they shall send you a response in 7-10 business days.

Eligibility Criteria

To become eligible for this credit card, you should have a credit score of at least 670, you must be at least 18 years old, and you should have a consistent source of income. PNC Bank is vague on the minimum income requirements.

Please log on to the PNC Bank Company website to fill out your application form, and also read more on what this card has to offer.

Contact Information

You can contact PNC bank with any inquiries you may have at the following phone number: (302) 429-1361.

Or, you can visit their website to chat live with a customer service representative directly.

Personal Credit Cards: Apply Online & Compare Offers | PNC
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Conclusion

Applying for a credit card means that your credit report will be updated, and this will initially lower your score. It is therefore not advisable to make multiple credit card applications at the same time, as it will affect you adversely.

Take time to research the best offers, and then make a decision to apply to one of them.

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.

 

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