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Stacy M. Brown | 4/30/2021, 6 a.m. This summer, PNC Bank plans to launch Low Cash Mode, a digital solution that officials said will help customers avoid overdraft charges, to its Virtual Wallet users nationwide. (Above) Laura Gamble, Regional President of Greater Maryland for PNC Bank Courtesy Photo/PNC Bank With some studies estimating that U.S. consumers pay about $17 billion each year in overdraft fees, PNC Bank has announced a unique solution that could save customers a lot of cash. This summer, PNC plans to launch Low Cash Mode, a digital solution that officials said wi...

PNC Launches Tool to Reduce Overdraft Fees Apr 13, 2021 | Reprints | Print PNC Financial Services Group Inc. has created a new digital tool to help customers avoid overdraft fees, with a pilot program showing that the tool helped reduce these fees by more than 60 percent. The Low Cash Mode digital offering will allow customers of PNC’s Virtual Wallet product to manage situations when the account has a low amount of cash or when payments have been mistimed. Instead of the bank making decision about debits, customers who use the tool will be able to determine whet...