PNC Enterprise Checking Account $500 Bonus

PNC Bank : Enterprise Checking Account

Bonus Amount
$500
Account Type
Enterprise Checking
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  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.
Other Details
Hard Credit Pull?
Monthly Fees?
Varies By Account
Open Online?
Save for later
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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

  • 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.

Why PNC Bank?

PNC Bank is the 7th largest in the U.S., with nearly 2,300 physical branches across the country. They recently acquired BBVA, increasing their reach even further.

Similar to Citi's "banking packages", PNC offers combo products that pair checking, short and long-term savings accounts together under "Spend, Reserve and Growth" virtual wallets. 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. 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).

Our advice? Do enough with PNC to grab your welcome bonus (now available nationwide!), but don't choose them as your primary bank.

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 $20.