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Stock impact report

PNC Bank Introduces PNC Spend Wise?, A No Annual Fee Credit Card Offering A Purchase APR Reduction to Encourage Responsible Credit Habits [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
PITTSBURGH May 12, 2025 /PRNewswire/ -- PNC Bank announced today the launch of its latest credit card, PNC Spend Wise? Visa ® , designed to reward clients' responsible and healthy financial habits. This unique credit card is built to encourage responsible financial management through its associated purchase APR reduction program for eligible cardholders who meet timely payment and spend requirements. "Through extensive research and direct client feedback, we identified a gap in the market: while many credit cards incentivize spending, few actively promote and recognize responsible debt management," said Nate Bacon , head of Credit Cards at PNC Bank. "PNC Spend Wise addresses this void, as it's built on the principle that financial responsibility should be rewarded just as much as spending. It's a fresh take on credit cards." Key features and benefits include: Purchase APR Reduction Program: Cardholders can earn a 2-percentage point reduction to their purchase APR when they pay Show less Read more
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