PNC is now offering a relationship rewards program called ‘Total rewards‘. Similar to Bank of America will soon be nerfing its Preferred Rewards program The biggest advantage is increased credit card rewards.
The levels are as follows:
- Silver (requires $25,000 – $99,999 average eligible balance): 5% bonus
- Gold (Requires $100,000 – $499,999 Average Eligible Balance): 25% Bonus
- Platinum ($500,000+ Average Eligible Balance): 35% bonus
Interesting PNC cards to pair this with are:
- PNC Cash Unlimited: Earn 2% cash back on all purchases (2.7% with Platinum)
- PNC Cash Rewards: Earn 4% cash back on gas up to $100,000 (5.4% with Platinum)
Having gold level or above will waive annual fees and trading fees as well and you can buy ETFs and mutual funds. There is a closing fee of $125.
Hats off to him /r/Credit card/
