PNC Bank Corp. is following through on a promise it made earlier this year to expand its credit card portfolio rapidly.

On Monday the Pittsburgh-based issuer introduced a product called the Prime Value Card. A. William Schenck 3d, executive vice president of consumer banking, said it was PNC's first major credit card launch.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.