USA Update

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GAS prices across the US will continue to soar as manufacturers make a switch to their supplies.

The huge hike in prices will hit drivers’ wallets immediately and may stay high, due to intense global pressures on supply chains. 

In recent months, gas prices have hit their lowest levels since 2021. 

In 28 of the 50 US states, prices were below $3 just two weeks ago. 

But they are now increasing across the country.

Some of this is driven by a switch to what is known as a summer-blend of gasoline.

According to NerdWallet, this more expensive blend is introduced to forecourts across the country from May 1 until September 15.

By having a lower Reid Vapor Pressure (RVP), the gasoline evaporates less easily which prevents it contributing to smog and ground-level ozone – both of which are more prevalent in the summer. 

This switch causes prices to rise as it is more costly to produce, but prices then revert back when the winter-blend comes back in.

However, drivers will likely see continued high prices at gas stations due to current geopolitical events.

Much of this is related to the conflict between Israel and Iran, as the latter is one of the world’s oil giants. 

The market is already responding to fears that Iran, which controls the Strait of Hormuz, an essential oil corridor, will block it off in retaliation sending prices skyrocketing to $120 or $130 a barrel.

But for now, despite gradual price rises, the average cost is $3.207 per gallon which is less than this time last year when it was $3.503.

Meanwhile, one driver has shared her “slow-pumping” gas trick that fills her tank for just $30 though some people are sceptical.

Sharing the so-called hack on TikTok, the driver claimed that using the slow setting at the pump takes air bubbles out of the line.

“Mine added an extra 100 miles when I did it!!” one TikTok user replied.

But not everyone was convinced, with one viewer saying, “I work for a fuel company. Trust me. It doesn’t work like that but if it makes you feel better sure!”

In other money-saving news, America’s biggest car insurance company has revealed the six ways to cut down your bill.

State Farm has provided necessary advice for first time car insurance buyers – including what to know regarding policy terms, coverage and potential discounts.

It comes as motorists nationwide are facing rising car insurance costs.

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The war in Ukraine and the conflict between Iran-Israel are causing prices to rocket[/caption]

AMERICANS have just days to boost their bank balance with up to $400 in free cash.

To meet PNC Bank’s June 30 deadline you need to follow three simple steps for the automatic payment.

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PNC Bank is working to expand its customer base and attract new clients through a variety of tactics[/caption]

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PNC Bank is currently offering a tempting sign-up promotion that can put up to $400 in the pockets of new customers[/caption]

The US banking giant is offering a perk allowing people to earn up to $400.

But first, you need to open a new checking account online, and set up a qualifying direct deposit.

PNC Bank is one of the biggest banks in the country, with a network of approximately 2,200 branches coast-to-coast.

Headquartered at Pittsburgh, Pennsylvania, its sign-up cash bonus offer is regarded as “realistic,” according to MarketWatch.

You can earn $400 as an automatic direct payment when you open an account and meet PNC’s direct deposit requirements.

MarketWatch said the offer was one of its “picks” for June.

The website said that if you “establish total qualifying direct deposits of $5,000 or more with a PNC Spend account before the June 30 deadline, you may stand to earn $400.

“Apply online for checking and savings accounts – and PNC doesn’t charge for using other banks’ ATMs; nor do they charge for domestic wires.”

To qualify for up to $400 free cash, new PNC customers will first need to choose the type of checking account they want to open.

You can scroll below for more details.

The bank offers three options, and each one offers a different cash bonus maximum.

However, the experts at MarketWatch warned, “Be sure to do your homework before opening and read the fine print for details and requirements.”

The free cash perk is one of the ways the banking giant is trying to expand its customer base and attract new clients.

Paying more for deposits is an effective way for banks to keep customers loyal, analysts have said.

Greg McBride, chief financial analyst for Bankrate, an independent, advertising-supported publisher and comparison service, said the bigger bonuses require a huge deposit.

Banks act as middlemen in the U.S. economy by taking deposits and making loans.

Reuters explained two years ago that banks in the United States have been “rejigging offers in an effort to keep customers’ cash parked in their accounts for longer.

“U.S. banks are trying to woo depositors by offering signing bonuses to open new accounts or deposit money on a regular basis.”

It’s part of their strategy to help customers build balances in their savings accounts, while promoting healthy savings habits.

MAKING MONEY

PNC is offering three options, and each offers a differing cash bonus maximum, ranging from $100 to $400.

Virtual Wallet

When new PNC Bank customers sign up for the Virtual Wallet checking account, which is the most popular option, they can earn $100.

To receive the bonus money, they must make $500 or more in qualifying direct deposits to their new account.

The Virtual Wallet includes the following benefits:

• Primary checking account
• Second checking account
• Long-term savings account
• Earn interest on your long-term savings account

Virtual Wallet with Performance Spend

The second checking account eligible for the PNC Bank bonus sign-up offer is the Virtual Wallet with Performance Spend.

This account offers more perks than the basic Virtual Wallet account, and new customers can earn a $200 reward by making $2,000 or more in qualifying direct deposits.

The Virtual Wallet with Performance Spend includes the following perks:

• Primary checking account
• Second checking account
• Long-term savings account
• Earn interest on your long-term savings account
• Reimbursements available for some non-PNC ATM fees
• Higher interest earning potential on your long-term savings account

Virtual Wallet with Performance Select

The third checking account option, the Virtual Wallet with Performance Select, offers the most amount of benefits and the highest sign up offer.

Under this option, new PNC Bank customers can earn $400 when they make $5,000 or more in qualifying direct deposits.

The Virtual Wallet with Performance Select includes the following benefits:

• Primary checking account
• Second checking account
• Long-term savings account
• No PNC charges for using other banks’ ATMs and increased reimbursements available on other bank’s fees
• Highest interest earning potential on your long-term savings account
• No charge for domestic wires

To qualify for a sign up bonus from PNC Bank, new customers must open an account and take advantage of the promotion by June 30.

Once they meet the direct deposit qualifications, their earned bonus payment will automatically be deposited into their account within 60 to 90 days.

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