PNC Bank Business Checking Bonus
PNC Bank has launched a new bonus offer that can earn you between $200 and $1,000 when you open a business checking account. You can open the accounts online and in-branch. This PNC business checking bonus is available in select states only, so not it will not work for everyone. Check out the details below.
The Offer
To earn the $200 bonus you need to complete the following requirements:
- Open a qualifying Business Checking or Business Checking Plus account by 3/31/2024.
- Maintain an average cycle balance of $5,000 in your new checking account for each of the first three statement cycles;
- 20 total qualifying PNC Bank Visa Debit card transactions must be made within the first three statement cycles.
This time around there is also a $500 or $1,000 bonus for select business checking accounts that require a large balance. Here’s how this bonus works:
- Open a qualifying Treasury Enterprise Plan or Analysis Business Checking account by 3/31/2024.
- Earn $500 when you maintain a minimum average cycle balance of $30,000 for each of the first three statement cycles. OR
- Earn $1,000 when you maintain a minimum average cycle balance of $100,000 for each of the first three statement cycles.
Who is Eligible?
- Offer only available to businesses with an annual revenue less than $5 million.
- 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.
- Possibly limited to OH, MI, FL, AL, GA, MD, KY, IN, PA.
Account Fees
PNC Bank waives fees for first three months. After that, the following monthly fees apply, but can be waived with the listed activities:
- Business Checking – $12 Monthly Fee
- Make $1,000 in business credit card purchases with a linked PNC credit card
- Maintain an average minimum monthly collected balance of $1,500
- Treasury Enterprise Plan – $50
- Analysis Business Checking – $20
Guru’s Wrap-Up
We have seen this bonus continuously for a while now. But this time around there is also a bonus of up to $1,000 for Treasury Enterprise Plan or Analysis Business Checking account. These accounts are better options for those who plan to use them actively. Also you need a minimum average cycle balance of $30,000 for each of the first three statement cycles. That will get you the $500 bonus. You will need $100,000 balance for three months to earn $1,000.
The $200 bonus is not that great, but it is easier to get. It requires a balance of $5,000 and 20 transactions.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Link & Key Details
- OFFER PAGE
- Bonus: $200/$500/$1,000
- Account Type: Business Checking
- Availability: OH, MI, FL, AL, GA, MD, KY, IN, PA.
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other requirements: $5K/$30K/$100K balance for 90 days, 20 debit transactions
- Monthly Fee: $12/$20/$50
- Early Closing Fee: Unknown
- Expiration Date:
9/30/2012/31/203/31/219/30/2112/31/216/30/229/30/223/31/24
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