Card Features
What is the annual fee on the Spend Wise Visa?
No Annual Fee
What % point reduction to annual purchase APR are Spend Wise cardholders eligible for when all requirements are met?
2% point reduction to annual purchase APR
Pat’s PNC Spend Wise credit card account was opened March 15, 2025, with a standard purchase margin of 18.74%. In March 2026, Pat’s account was reviewed based on his activity over the first 12-billing cycle review period and determined that during Pat’s first Review Period, he made $3,500 in Net Purchases and made at least the minimum payment due on the account by the due date for each billing cycle.
Does Pat qualify for a purchase APR reduction?
Yes!
Pat Qualifies for a purchase APR reduction of 2 percentage points
What is the max value of a statement credit the client can receive for select digital subscriptions?
up to $25
What are the requirements to be eligible for the 2% point reduction?
Charlie is a PNC Spend Wise credit card holder whose margin reduction review period ends in 2 days. He is only $500 short of reaching the $3,000 Net Purchase threshold for the review period. He purchases a computer from an online store for $600 but the payment remains “pending” and does not post until the day after the review period ends.
Does Charlie qualify for a purchase APR reduction? Yes, or no? Why or Why not?
No. Charlie must make $3,000 in net purchases which post during the review period to partially qualify for the purchase APR reduction program. Since the purchase that pushed Charlie over the $3,000 net purchases requirement posted after the review period ended, it did not apply to the review period in question; however, the $600 purchase will carry forward to the next review period.
What digital subscriptions are eligible for statement credit?
What is the lowest possible standard purchase margin cardholders can be reduced to?
8.74%
Mark S. made a $200 purchase just before the review period ended to put him over the $3,000 requirement. After the review period ended, he returned the item for a refund. Does he qualify for the purchase APR reduction? Why or why not?
Yes. Mark made the purchase and it posted before the review period ended so the purchase counts toward the Net Purchase goal for that review period. However, Mark starts the next review period at a $200 deficit, therefore he must make $3,200 in Net Purchases to be eligible for a purchase APR rate reduction in the next review.
What is the maximum reimbursement amount for Cell Phone Protection? What is the requirement for the reimbursement?
$800, must pay your monthly cellular wireless phone bill with your covered PNC Spend Wise Visa credit card for eligibilty
When a client qualifies for the reduction, when is it applied?
the reduction is applied on the first day of the first billing cycle following the applicable review period
Molly is a PNC Spend Wise cardholder. She just qualified for a 2-percentage point reduction to her purchase APR because of her spending and payment habits. Just before her review period ended, the prime rate decreased by 0.5%.
Assuming the decrease to the prime rate will be reflected on her next statement, by how much will Molly’s purchase APR decrease on her next statement?
o 0.5 percentage points
o 2 percentage points
o 2.5 percentage points
2.5 percentage points.
A variable APR is calculated by adding the prime rate to the applicable margin, in this case, the standard purchase margin. The reduction of 2 percentage points earned in connection with the Spend Wise APR Reduction Program is applied to the customer’s standard purchase margin. Since prime was reduced by 0.5 percentage points and Molly’s standard purchase margin was reduced by 2 percentage points, Molly’s purchase APR will be 2.5 percentage points lower to start this review period.
Define "Review Period"
Review Period means the first 12 billing cycles following account opening, and each 12 billing cycle period thereafter
How is a clients purchase APR calculated?
A client’s purchase APR is calculated by adding the client’s purchase margin to the prime rate then in effect
How would handle client questions about Visa benefits?
Refer them to the Visa benefits guide