PNC Bank Business Checking

PNC Bank Business Checking Review

PNC Bank Business Checking is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Bank Business Checking is available in 50 states (and Washington, DC).

Key Takeaways

• Earn a $200 Cash Reward. Maintain a minimum average ledger balance of $5,000 for each of the first three statement cycles; and make at least 20 total qualifying PNC Bank Visa® Debit Card transactions within the first three statement cycles.
• 0% APY. As with most checking accounts, PNC Bank Business Checking does not pay interest.
• Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $500.
• $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• Bill pay. Pay your bills to practically anyone in the United States through PNC Bank.

PNC Bank Business Checking Pros & Cons

PNC Bank Business Checking FAQ

Are business checking accounts from PNC Bank federally insured?

Yes, this account is insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does PNC Bank Business Checking offer?

PNC Bank Business Checking is not an interest-bearing account.

What are the account minimums for PNC Bank Business Checking?

PNC Bank Business Checking requires a minimum initial deposit of $100 to open an account.

What fees does PNC Bank Business Checking charge?

This account charges a monthly maintenance fee of up to $10.

What features and perks does PNC Bank Business Checking offer?

This account includes the following features:

• Signup Bonus - Open an account and you will receive a signup bonus of up to $200 if you deposit a minimum of $5,000.
• Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
• Fraud monitoring - PNC Bank Business Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - PNC Bank Business Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.