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 whether to process certain checks and ACH transactions that might otherwise result in overdrafts, PNC said in a statement.