PNC Business Checking Account $400 Bonus

PNC is running a couple of welcome bonus offers targeting small business owners. For this one, you'll need to open either a Business Checking or Business Checking Plus account and then meet balance and debit card requirements.

This is a straightforward, nationally-available bonus for business owners.

If your company has higher balances or transaction volume, PNC is running a larger bonus for their enterprise checking accounts, so check those out, too!

How To Earn The Bonus

The PNC Business Checking Account promotion requires you to deposit and maintain a minimum balance and make purchases using the account's card in order to earn the $400 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

• Offer only available to businesses with an annual revenue less than $5 million
• Your new checking account must be open in order for you to receive the reward.
• 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.
• Average ledger balance is defined as the average total within your business checking account at the end of your statement cycle.
• A qualifying debit card transaction is defined as any debit card purchase made at point of sale using your signature or PIN; or a purchase made electronically or online using your debit card number, including recurring payments.
• Any combination of qualifying PNC Visa® Business Debit Card transactions is acceptable but must equal 20 within the first three statement cycles.
• 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.

Open a Business Checking Account account before the bonus expires on June 30, 2025

How does this business checking offer from PNC compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Chase

Chase Business Complete Checking®

Bonus

up to $500

Account Type

Business Checking

Expires In

70 days

Requires

• Min Balance
• Card Spend (optional)

Full Details

U.S. Bank

Business Checking

Bonus

up to $900

Account Type

Business Checking

Expires In

53 days

Requires

• Min Balance
• Bill Pay (optional)
• Card Spend (optional)

Full Details

Axos

Business Interest Checking

Bonus

up to $400

Account Type

Business Checking

Expires In

145 days

Requires

• Min Balance
• Bill Pay
• Card Spend

Full Details

Why PNC Bank?

PNC Bank is the 7th largest in the U.S., with over 60,000 ATMs and approximately 2,300 physical branches across the country. This includes the former BBVA locations, which they acquired in 2021.

PNC offers "Spend, Reserve and Growth" virtual wallets. Spend is for day-to-day activity, Reserve is for short term planning, and Growth is a long term savings account. A single fee covers the trio of accounts and, like most linked accounts, it's easy to transfer money between the three (plus offers 2-layers of fee-free overdraft protection).

Ultimately, however, PNC isn't our top pick if you're shopping for a new bank. Typical of the big national brands, their interest rates are low in many markets. And while they offer online and mobile banking with all of the major features, their apps feel more dated than competitor products (and definitely more than the tech-based banks).

Learn more in our PNC Bank review

Business Checking

Fees

Business Checking does charge a monthly maintenance fee of $10, but there are ways to get this waived:

• Maintain an average balance of $500.
• OR, use a linked PNC business credit card to make $500 in purchases.
• OR, maintain a linked PNC Merchant Services account and generate $500 in qualifying monthly processing deposits.

Business Checking Plus

Fees

Business Checking Plus does charge a monthly maintenance fee of $20, but there are ways to get this waived:

• Maintain an average balance of $5,000.
• OR, use a linked PNC business credit card to make $5,000 in purchases.
• OR, maintain a linked PNC Merchant Services account and generate $5,000 in qualifying monthly processing deposits.
• OR, maintain $20,000 average combined balance in linked PNC business checking and business money market accounts.

Apply now for a Business Checking Account account to earn the $400 bonus offer

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

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