The average value of PNC Rewards Points is around 0.22 cents. They can be used towards cash, travel, merchandise, and gift cards.
How much are PNC points worth?
PNC points are worth around 0.25 cents each which is significantly lower than the average 1 cent or more you'll typically get from most other rewards programs.
While you can earn lots of PNC points per $1 spent across PNC points Visa credit cards, it's still not enough to make up for the low redemption value.
For example, you can earn between 4X and 7X points with the PNC points® Visa® Credit Card based on the banking services you have with PNC. This is equal to a 0.88% to 1.54% return.
You can easily produce a better return with the Citi® Double Cash Card which offers 2% cash back—1% back on purchases and 1% back when you pay off those purchases.
You also have cards like the Capital One Quicksilver Rewards Credit Card which earns 1.5% cash back on all purchases with no annual fee and no foreign transaction fee. With the PNC points Visa credit cards, you'll be hit with a 3% foreign transaction fee for charges outside of the US.
PNC points value
|Redemption Option||Average Value (in cents)|
|Travel redemptions in the PNC points rewards portal||0.25|
|Gift card redemptions||0.22|
|Cash back redemptions||0.22|
PNC points value vs other programs
|Program||Average Point Value (in cents)|
|Chase Ultimate Rewards Points||0.6 - 2.1|
|American Express Membership Rewards Points||0.6 - 2|
|Bank of America Points||0.5 - 1|
|PNC Rewards Points||0.22 - 0.25|
What can you redeem PNC points for?
PNC points can be redeemed for travel, cash back, gift cards, and merchandise. Travel will give your points the best value while merchandise will give your points the lowest value.
Redeeming points for travel
PNC points will have the best redemption value of 0.25 cents per point when being redeeming for travel.
For example, a $200 airline ticket would require 80,000 PNC points. This would require you to spend $20,000 across the PNC points Visa or $16,000 across the PNC points® Visa® Business Credit Card which is a lot for $200 in value.
If you ran $20,000 in spend across the no-annual fee Citi® Double Cash Card, you would earn $400 back which is double that of the PNC points Visa credit card.
For $16,000 in business spend, the American Express Blue Business Cash™ Card would earn you $320 back.
Redeeming points for gift cards and cash back
PNC points can be redeemed for gift cards and cash back at a value of a little over 0.2 cents per point. You can redeem 2,270 points for $5 in cash value or a $5 gift card.
Redeeming points for merchandise
The value you get out of redeeming PNC points for merchandise will vary, but it will typically be less than 0.2 cents per point as the price mark-ups are really high.
How to convert PNC points to dollars
Use the PNC points Value Calculator to determine the cash value of your points based on the redemption. This will give you an idea of how much your points are worth.
|Redemption||Average Dollar Value|
|Travel redemptions in the PNC points rewards portal||$0|
|Gift card redemptions||$0|
|Cash back redemptions||$0|
How much are PNC points worth?
PNC points are worth around 0.25 cents each meaning that 10,000 points would have an average cash value of $25.
How much is 50,000 PNC points worth?
At a average value of 0.25 cents each, 50,000 PNC points are worth $125.