PNC Bank Business Interest Checking

PNC Bank Business Interest Checking Review

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

Key Takeaways

• Charges a monthly fee. This account charges a monthly service fee of up to $25, but the fee is waived if you keep a minimum balance of $5,000.
• $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 Interest Checking Pros & Cons

PNC Bank Business Interest Checking FAQ

Are business checking accounts from PNC Bank federally insured?

Yes, your PNC Bank business checking accounts are 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 Interest Checking offer?

PNC Bank Business Interest Checking offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

What are the account minimums for PNC Bank Business Interest Checking?

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

What fees does PNC Bank Business Interest Checking charge?

This account charges a monthly maintenance fee of up to $25.

What features and perks does PNC Bank Business Interest Checking offer?

This account includes the following features:

• 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 Interest 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 Interest 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.