PNC Bank is Trying to Enhance Customers’ Satisfaction through its New Offers
Pearl V
View all articles by Pearl V
PNC bank is a renowned name in banking. It offers valuable services to customers to serve their needs. PNC bank announces new accounts to provide an affordable financial solution. It has announced two accounts to make it easy for customers to achieve their financial goals through savings, managing spending and affording fees.
Virtual Wallet
PNC has incorporated these changes in its existing offers on the basis of research. Result of customers’ survey revealed that customers want easy banking, want to manage their money, want to avoid mistakes and expect rewards. Hence PNC bank has come with new offers like added features in Virtual Wallet. Virtual wallet provides ease to customers, so that they can access their accounts online and through cell-phones. PNC bank helps customers save money by providing an innovative money management tool in the form Virtual Wallet. It also includes features like no monthly service charge, no minimum balance, free overdraft protection, free account transfers, over 6,400 free PNC ATMs and competitive high-yield interest. Its also offers Virtual Wallet students which is very thing for college students.
Customer-bank relationship, How it will be beneficial for both?
PNC bank announces new accounts to facilitate its customers. How much a customer will get benefit from these new offers? It depends on its banking relationship. According to the Joseph Guyaux, president of PNC “ The new checking product set and credit cards also feature benefit and rewards that increase based upon the banking relationship, the more business a customer does with PNC, the more he/she will get in return”. It means PNC is utilizing the mutual-benefit strategy, through which both customer and PNC will get benefit.
Performance Checking and Credit cards rewards
PNC account updates include credit card rewards and performance checking. Credit card features cash back whereas Performance checking features:
The author writes articles on finance related PNC bank and PNC bank announces new accounts.
Virtual Wallet
PNC has incorporated these changes in its existing offers on the basis of research. Result of customers’ survey revealed that customers want easy banking, want to manage their money, want to avoid mistakes and expect rewards. Hence PNC bank has come with new offers like added features in Virtual Wallet. Virtual wallet provides ease to customers, so that they can access their accounts online and through cell-phones. PNC bank helps customers save money by providing an innovative money management tool in the form Virtual Wallet. It also includes features like no monthly service charge, no minimum balance, free overdraft protection, free account transfers, over 6,400 free PNC ATMs and competitive high-yield interest. Its also offers Virtual Wallet students which is very thing for college students.
Customer-bank relationship, How it will be beneficial for both?
PNC bank announces new accounts to facilitate its customers. How much a customer will get benefit from these new offers? It depends on its banking relationship. According to the Joseph Guyaux, president of PNC “ The new checking product set and credit cards also feature benefit and rewards that increase based upon the banking relationship, the more business a customer does with PNC, the more he/she will get in return”. It means PNC is utilizing the mutual-benefit strategy, through which both customer and PNC will get benefit.
Performance Checking and Credit cards rewards
PNC account updates include credit card rewards and performance checking. Credit card features cash back whereas Performance checking features:
- A lower balance threshold.
- Relationship pricing on deposit and loan rates.
- Enhanced credit card rewards.
The author writes articles on finance related PNC bank and PNC bank announces new accounts.
