Offers are available from participating merchants. Your personal banking information is not shared with the merchants participating in PNC Purchase Payback. Whether you receive offers may depend on using your PNC Visa Card, or where you use your PNC Visa Card to make purchases. Not everyone will get the same offer. See PNC Purchase Payback Rewards Program Terms and Conditions for additional details and limitations.
Business Checking for Basic Needs
A business checking account ideal for small businesses and startups
Features & Benefits
You need a basic business checking account, plus the convenience to bank on your terms, whether day or night.
- No charge for up to 150 transactions per month based on the combined volume of deposits, deposited items, paid items, and ACH credits and debits received.[2]
- $5,000 cash deposited per month over-the-counter, at the night depository or via Quick Deposit at no charge.[3]
- Cash Flow Insight®[4]: Spend Analysis, Timeline, Trend, Cash In, Cash Out - tools and insights to help operate your business confidently. Cash Flow Insight is enabled for all eligible new business checking account customers enrolling in Online Banking.
- No charge for Online Statements, or get Paper Statements for a small fee.
- No ATM transaction fees at PNC Bank ATMs.
- Free PNC Bank Visa® Business Debit Card.
- No set-up fee for Overdraft Protection.
- Free Online Banking[5] and Bill Pay.[6]
- Use our Quick Switch Kit to help you complete your transfer of checking related services to PNC Bank.
Pricing
What you need to know.
Required Minimum to Open: $100
Monthly Account Maintenance Fee: $12
There is no Monthly Account Maintenance Fee
for the first three statement cycles.
3 Ways to Avoid the Monthly Account Maintenance Fee:
Each month the PNC business checking account will be automatically reviewed to see if it qualifies for an account maintenance fee offset by meeting any ONE of the following three conditions:
Maintain $500
Average Monthly Collected Balance in this account
OR
Use a linked PNC business credit card to make
a minimum of $500 in eligible purchases.[7,8,9]
During the billing cycle ending immediately prior to the date the Monthly Account Maintenance Fee is to be assessed to the PNC business checking account.
OR
Maintain an eligible linked Merchant Account and generate a minimum of $500 in qualifying monthly processing deposits.[10,11,12]
The business checking account receiving deposits associated with an eligible Merchant Account is the only account eligible to avoid the monthly account maintenance fee.
For each months’ statement cycle, we will review each of the three options above to determine if any one option is met to avoid the Monthly Account Maintenance Fee. You do not need to qualify in the same manner each statement cycle.
Cash Flow Solutions
Take control over what’s in, what’s out and what’s possible for your business.
How to Apply
We know you’re busy. We offer more ways to apply to make it easy to get started.
Use our Quick Switch Kit to help you complete your transfer of checking related services to PNC Bank.
Choose Your Business Entity Type
Determine which documents you may need to provide to verify your business registration and your authority to act on behalf of the business:
- SSN of owner who will sign on the account
- Fictitious Name Registration, also known as Trade Name Registration, Certificate of Assumed Name, Registration of Alternate Name, or Assumed Name Registration
- SSN of partners who will sign on the account
- Partnership Agreement
- Fictitious Name Registration, also known as Trade Name Registration, Certificate of Assumed Name, Registration of Alternate Name, or Assumed Name Registration
- Information regarding the individual Beneficial Owners of the business. Beneficial Owners are those who own, directly or indirectly, 25% or more of the equity interests of the business. This information is collected to help fight financial crime.
- Legal name, Social Security Number, Date of Birth, Address, Citizenship, Percent of Ownership
- SSN of members, managers or partners who will sign on account
- Operating Agreement
- An Operating Agreement may not be necessary if it isn’t required by the state. Additional supporting documentation may be requested for account opening.
- Limited Partnership Agreement (LLP only)
- Certification of Formation/Organization (LLC) or Certificate of Limited Partnership (LLP)
- Fictitious Name Registration, also known as Trade Name Registration, Certificate of Assumed Name, Registration of Alternate Name, or Assumed Name Registration
- Information regarding the individual Beneficial Owners of the business. Beneficial Owners are those who own, directly or indirectly, 25% or more of the equity interests of the business. This information is collected to help fight financial crime.
- Legal name, Social Security Number, Date of Birth, Address, Citizenship, Percent of Ownership
- SSN of officers or directors who will sign on account
- By-laws
- Articles of Incorporation and any amendments
- Certification of Formation/Organization
- Board of directors meeting minutes (signed and dated).
- Fictitious Name Registration, also known as Trade Name Registration, Certificate of Assumed Name, Registration of Alternate Name, or Assumed Name Registration
- Information regarding the individual Beneficial Owners of the business. Beneficial Owners are those who own, directly or indirectly, 25% or more of the equity interests of the business. This information is collected to help fight financial crime.
- Legal name, Social Security Number, Date of Birth, Address, Citizenship, Percent of Ownership
- SSN of officers or directors who will sign on the account
- By-laws
- Certification of Formation/Organization
- Board of directors meeting minutes (signed and dated)
- Authorization letter on company letterhead
- Fictitious Name Registration, also known as Trade Name Registration, Certificate of Assumed Name, Registration of Alternate Name, or Assumed Name Registration.
- Information regarding the individual Beneficial Owners of the business. Beneficial Owners are those who own, directly or indirectly, 25% or more of the equity interests of the business. This information is collected to help fight financial crime.
- Legal name, Social Security Number, Date of Birth, Address, Citizenship, Percent of Ownership
- Review the entity type above associated with your Non-Profit Organization to determine which documents to provide (Partnership, LLC, Corporation)
- A 501(c) tax form or state Non-Profit registration may be needed for certain product eligibility
You may also want to review our current Service charges & fees before applying.
To start your application, please call us at 1-855-762-2365 between the hours of 8:30 a.m. and 8:00 p.m. ET, Monday through Friday.