Discover how to earn cash rewards with PNC Bank’s business checking accounts. Learn the requirements and benefits to elevate your business today!
The bank also offers great sign-up bonuses for their personal checking accounts. Read about their personal checking offers here.
See the bottom of this page for more deals from PNC Bank.
Introduction
PNC Bank has launched attractive checking account offers that can help you earn cash rewards while managing your finances effectively. With options designed to fit various business needs, now is the perfect time to take advantage of these offers before they expire on December 31, 2024!
Let’s dive into what these accounts entail and how you can benefit from them.
Key Takeaways
- PNC Bank offers several business checking accounts with cash rewards.
- The offers expire on December 31, 2024.
- Qualifying accounts require maintaining specific balances and completing transactions to earn rewards.
PNC Bank Bonus: $400, $500, or $1,000 Business Checking Offers
PNC Bank’s business checking account offers provide a way for businesses to earn cash rewards simply by maintaining their accounts. These offers are structured to cater to different business needs, whether you’re a small business owner or running a larger enterprise. Here’s a breakdown of the available accounts and their respective rewards:
- What you’ll get: $200 bonus or $500 bonus
- Where it’s available: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas Virginia, West Virginia, Wisconsin, and Washington, D.C.
- How to earn it:
- Business Checking Account
- Reward: $400 cash reward
- Requirements: Open a new account by December 31, 2024, maintain an average ledger balance of $2,000 for the first three statement cycles, and make at least 20 qualifying PNC Bank Visa® Business Debit Card transactions during this period.
- Business Checking Plus Account
- Reward: $500 cash reward
- Requirements: Similar to the Business Checking Account but designed for businesses needing more features and flexibility.
- Treasury Enterprise Plan
- Reward Options: $500 or $1,000
- Requirements: Open by December 31, 2024. To earn $1,000, maintain an average balance of $100,000 or more; for $500, keep an average balance between $30,000 and $99,999 for the first three statement cycles.
- Analysis Business Checking
- Reward Options: $500 or $1,000
- Requirements: Same as the Treasury Enterprise Plan, aimed at businesses needing multiple accounts and earnings credits for all balances.
- Business Checking Account
- When it expires: 12/31/2024
Waive The Monthly Fee
Business Checking has a $10 monthly account maintenance fee, unless you meet any ONE of the following requirements:
- $500 average monthly collected balance
- OR, Use a linked PNC business credit card to make a minimum of $500 in eligible purchases
- OR, Maintain a linked PNC Merchant Services account and generate a minimum of $500 in qualifying monthly processing deposits.
Business Checking Plus has a $20 monthly account maintenance fee, unless you meet any ONE of the following requirements:
- $5,000 average monthly collected balance
- OR, Use a linked PNC business credit card to make a minimum of $5,000 in eligible purchases
- OR, Maintain a linked PNC Merchant Services® account and generate a minimum of $5,000 in qualifying monthly processing deposits
- OR, Maintain $20,000 average combined collected balance in a linked PNC business checking account and business money market account
Treasury Enterprise Plan has a $50 Monthly Account Maintenance Fee, unless you maintain $30,000 Average Combined Monthly Collected Balance in the master and all additional beneficiary business checking accounts.
Analysis Business Checking has a $25 monthly account maintenance fee. Then, pay per-item-usage fees for the activity levels and services your business actually uses.
READ MORE: GET TOP BONUSES FROM CHASE, AXOS, AND BMO.
Fine Print
Offer only available to businesses with an annual revenue less than $5 million.
- You may earn a reward if you open a new PNC Business Checking or PNC Business Checking Plus account.
- To qualify for the reward, the new checking account must be opened, and the following conditions must be met: (a) average cycle balance of $5,000 must be maintained in your new checking account for each of the first three statement cycles; and (b) at least 20 total qualifying PNC Visa® Business Debit Card transactions must be made within the first three statement cycles.
- Your new checking account must be open in order for you to receive the reward, which will be credited to the eligible account within 90 days after all conditions have been met and will be identified as “Credits NEW BUS BONUS” on your monthly statement.
- Only business checking accounts with statements that cycle monthly are eligible for this offer. Business checking accounts that receive statements daily, weekly or quarterly are ineligible.
- Already established, converted or repurposed PNC checking or savings accounts are not eligible.
- New account will not be eligible for offer if any signer has signing authority on an existing PNC Bank business checking account or has closed an account within the past 90 days, or has been paid a promotional premium in the past 12 months.
- If multiple accounts are opened with the same signers, only one account will be eligible for the premium.
- For this offer, signing authority will be defined by the customer name(s) and Social Security number(s) registered on the account.
- Offer may be extended, modified or discontinued at any time.
- The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income to you.
- Please consult your tax advisor regarding your specific situation.
READ MORE: SEE MORE BANK OFFERS THAT DON’T REQUIRE DIRECT DEPOSIT
Benefits of PNC Business Checking Accounts
PNC Bank’s business checking accounts come with a range of features designed to streamline your financial operations:
- Transaction Flexibility: Enjoy no charge for up to 150 transactions per month, allowing you to manage your daily business needs without incurring additional costs.
- Cash Deposit Allowance: Deposit up to $5,000 in cash per month without fees, giving you the freedom to handle cash transactions effectively.
- Online and Mobile Banking: Access your accounts anytime with free online banking and bill pay services, as well as a user-friendly mobile app for on-the-go banking.
- No Maintenance Fees: Avoid the $12 monthly maintenance fee by meeting any one of the requirements, such as maintaining a $500 average monthly balance or linking a business credit card.
How to Open a PNC Business Checking Account
Opening a PNC business checking account is a straightforward process. You can apply online or visit a local branch. Ensure that you have the necessary documentation, such as your business license, identification, and tax information. Be mindful of the eligibility requirements to ensure that your account qualifies for the rewards.
Our Take
PNC Bank’s business checking account offers are an excellent opportunity for small to mid-sized businesses to earn rewards while managing their finances effectively. With various account options and attractive cash rewards, you can choose the one that best fits your business needs. Don’t miss out on this limited-time offer! Consider opening a PNC business checking account today and take the first step toward maximizing your earnings!
READ MORE: Best PNC Bank Bonuses & Promotions
READ MORE: SEE THE BEST BANK BONUSES HERE
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