PNC promises free checking, other perks gone

March 1, 2011 2:59:41 PM PST
A bank is promising to keep free checking but customers are losing some other perks.

PNC says it will not charge fees for the most basic checking accounts. However, customers with free checking will no longer earn reward points on debit card purchases.

PNC is also ending reimbursements it gave for fees customers are charged by other banks' ATMs

PNC's new terms come as the banking industry deals with sweeping new regulations about fees.