PNC Bank completed its sale of out-of-footprint, non-affinity credit card accounts to Metris’ Direct Merchants Credit Card Bank yesterday. The portfolio involved receivables of $821 million and nearly 500,000 accounts. PNC says the sale of the portfolio is part of a series of initiatives designed to improve the returns in PNC’s national consumer banking business.The sale of the credit card portfolio, which was announced in Sept. brings Metris’ credit card portfolio to over $5.0 billion in receivables and nearly 3.0 million accounts. At the end of the third quarter Direct Merchants held $4,242,768,000 in receivables and 2,300,000 active accounts according to CardData ([www.carddata.com]). CardData reports that PNC held $3,867,150,000 in receivables and 2,075,445 active accounts as of Sept. 30, 1998.