PNC Bank Business Checking Bonus, Get $200/$400 with New Account (Select States)

April 1, 2020

PNC Bank has a bonus of $200 or $400 for new business checking account. Accounts can be opened in-branch or online. This PNC business checking bonus is available in select states until June 30, 2020.

Offer

Most people will see the $200 bonus.

You may earn a $200 reward if you open a new PNC Business Checking, PNC Business Checking Plus, or Analysis Business Checking. Account must be opened by June 30, 2020 and the following conditions must be met:
- Average cycle balance of $5,000 must be maintained 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.

In some states there’s a $400 bonus as well.

You may earn a $400 reward if you open a new PNC Business Checking, PNC Business Checking Plus, or Analysis Business Checking. Account must be opened by June 30, 2020 and the following conditions must be met:
- Average cycle balance of $10,000 must be maintained 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.

Eligibility

Offer only available to businesses with an annual revenue less than $5 million.
You will only be considered for one reward amount, which is based on the product type you open.
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.

Fees

PNC Bank fees are waived for first three months. After that, the following monthly fees apply, but can be waived with the listed activities:

Business Checking ($100 Bonus) – $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

Guru’s Wrap-Up

This bonus is better, compared to what we saw last quarter. The Business Checking account qualifies for the $200 bonus, which it’s easier to keep fee free. Plus, you have the option of opening the account online or in-branch. They also have a personal checking bonus that is available nationwide.