Required Minimum to Open: $100
Monthly Account Maintenance Fee: $10
There is no monthly maintenance fee for the first three statement cycles.
3 Ways to Avoid 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[6,7,8]
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 a linked PNC Merchant Services® account and generate a minimum of $500 in qualifying monthly processing deposits.[9,10,11]
The PNC Business checking account receiving PNC Merchant Services processing deposits is the only account eligible to avoid the monthly account maintenance fee.
The monthly statement cycle review checks all three options above to determine if one of the account fee options were met to avoid the monthly account maintenance fee - you do not need to choose one option or qualify in the same manner each cycle to avoid the fee.
View complete Business Checking Account and Related Charges »
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