PNC Enterprise Checking Account $500 Bonus

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

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

If you're a small business owner with smaller balance or transaction volume, PNC is also running a $200 bonus for their small business checking accounts, so check those out, too!

How To Earn The Bonus

The PNC Enterprise Checking Account promotion requires you to deposit and maintain a minimum balance in order to earn the $500 bonus.

Full requirements to receive this bonus are:

1. Open a new Treasury Enterprise Plan or Analysis Business Checking account.
2. For 3 statement cycles, maintain a $30,000 balance.
3. Bonus will be deposited within 90 days of meeting the requirements.

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.
• 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.

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:

U.S. Bank

Business Checking

Bonus

up to $800

Account Type

Business Checking

Expires In

98 days

Requires

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

Full Details

Chase

Chase Business Complete Checking®

Bonus

$300

Account Type

Business Checking

Expires In

17 days

Requires

• Min Balance
• Card Spend (optional)

Full Details

Axos

Business Interest Checking

Bonus

up to $400

Account Type

Business Checking

Expires In

90 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 2,400 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 some 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

Treasury Enterprise Plan

Fees

Treasury Enterprise Plan does charge a monthly fee of $50, but there are ways to get this waived:

• Maintain a combined balance of $30,000 in the master and all additional beneficiary business checking accounts.

Analysis Business Checking

Fees

Analysis Business Checking charges a monthly fee of $25.

PNC Bank Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Get a better idea of how well PNC Bank can serve you by checking out their branches closest to your area:

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.