PNC Business Checking Review – Forbes Advisor

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With branches across the country and a highly upgraded mobile app, Pittsburgh-based PNC Bank offers competitive business checking accounts for small business owners. Below, you’ll find an overview of PNC’s business checking options and the pros and cons of each account.

Account details are correct as of 21 November 2022.

Accounting Basics

PNC Business Checking offers a variety of account options for small businesses with different needs. Below is a summary of each account.

Examining the business

The PNC Business Checking Account is a basic account, perfect for small business owners who make a small number of transactions each month. It offers 150 free transactions per month and free cash deposits of up to $5,000.

This account requires a minimum opening deposit of $100 and has a monthly maintenance fee of $10 after the first three statement periods. However, you can avoid the monthly maintenance fee by meeting any of these three conditions:

  • Maintain an average monthly balance of $500
  • Spend $500 on eligible purchases with a PNC Business Credit Card
  • Connect with a PNC Business Services account and earn at least $500 in monthly deposits

The account comes with a debit card, fee-free transactions at any PNC Bank ATM, cash offers and PNC’s money management tool, Cash Flow Insight. Eligible customers who open an account before the end of 2022 can receive a PNC Bank welcome bonus.

Business Check Plus

PNC Business Checking Plus accounts are best for small businesses that handle a large number of monthly transactions. This account allows 500 free transfers per month and up to $10,000 in free cash deposits.

A Business Checking Plus account requires a minimum $100 opening deposit and a $20 monthly maintenance fee after the first three statement periods. As with a business checking account, you can waive the monthly fee by meeting one of the following requirements:

  • Maintain an average monthly balance of $5,000
  • Spend $5,000 on eligible purchases with a PNC Business Credit Card
  • Connect with a PNC Business Services account and earn at least $5,000 in qualifying monthly deposits
  • Maintain a balance of $20,000 between a closed PNC business checking account and a business money market account
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A Business Plus account also comes with all the features included in a Business Checking account.

Treasury Enterprise Plan

PNC Treasury is not an enterprise plan account. This is a package that includes analytical trading checking and a choice between two investment options—Premium Trading Money Market Account and MMDA Swap Account.

The Treasury Enterprise plan offers 2,500 free transactions per month and $50,000 in free cash deposits. Like Analytical Business Checking, this plan allows small business owners to consolidate fees, balances and bookkeeping.

Account holders can add up to four beneficiary checking accounts without incurring monthly maintenance fees. There is a $10 monthly fee per additional account beyond four.

This account requires a $100 opening deposit and a $50 monthly maintenance fee after the first three statement periods. Account holders can waive the fee by maintaining a minimum balance of $30,000 in their joint accounts.

Business Analysis Analysis

PNC Analysis Business Checking Accounts are ideal for business owners who need multiple checking accounts and want to pay for the services they actually use.

This account receives a credit on the account balance to help offset the account fee. A $100 deposit is required to open an account, as well as a $25 monthly maintenance fee. In addition, there are additional fees based on the services and features your business uses and fees to upgrade your online banking features.

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This account allows you to link multiple business checking accounts to make account maintenance easier. It also comes with a Visa business credit card with no annual fee.

Other PNC Business Checking Accounts

In addition to these basic accounts, there are a few other special PNC Business checking accounts, including:

  • Non-profit checking
  • Checking business interests
  • Interest on Lawyers Trust Account (IOLTA)
  • MMDA sweep

Other PNC Business Banking products and services

PNC offers additional business financial products in addition to its business checking accounts. The bank has five business credit cards to choose from, each with its own fees and rewards program. PNC Merchant products come with tools for both online and in-person sales, plus 24/7 support. Small business loans and unsecured and secured lines of credit are also available.

Access on the go

PNC business checking accounts make the most sense for business owners who live near a branch. PNC branches are located in 28 states – primarily in the eastern United States and Washington, DC

You can bank online and using PNC’s highly-enhanced mobile app. This app allows you to manage your accounts, deposit checks, use ATMs card for free, pay with your mobile wallet and much more.

Of course, you can call customer service any day of the week for business banking support at 877-BUS-BNKG (877-287-2654).


  • Banking in person if you live near a branch
  • Earn a cash sign-up bonus for meeting certain requirements
  • High transaction and cash deposit limit
  • Top rated mobile app


  • No online application
  • Monthly maintenance fee
  • Minimum open deposit requirements

How to load a PNC Business Checking

PNC Bank offers a variety of accounts and services that can support a variety of small business owners. It’s best for customers who want to bank in person – or who have that option. But that doesn’t mean PNC doesn’t have mobile access. The highly rated app offers useful features for business banking on the go. But for those willing to sacrifice branch banking in favor of lower fees, you may have better luck with an online bank.

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Since most PNC business accounts have monthly maintenance fees, customers should make sure they qualify to have these fees waived.

If you’re looking for an account that offers high transaction and cash deposit limits—and you qualify for a cash sign-up bonus—checking out PNC Business might make sense for you.

Find the best business checking accounts of 2022

Frequently Asked Questions (FAQs)

How to open a PNC Business checking account?

You can start your application over the phone or online, but you will need to visit a branch to complete your account setup. To start the process online, you’ll need your business tax identification number and a valid email address. To finish setting up your account in person, you’ll need to bring a government-issued photo ID, a secondary form of ID and your business registration documents.

Where are the PNC Bank branches?

PNC has branches in 28 US states and Washington, D.C. branches are concentrated in the Midwest, Northeast and Southeast.

Does PNC offer business savings?

PNC doesn’t offer a standard business savings account, but you can earn interest on extra cash by opening an interest-bearing account. PNC offers a Premium Business Money Market Account, MMDA Swap Account and Certificates of Deposit (CDs).


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