Business Checking Preferred

Designed for larger businesses, especially those in select industries, to provide the greatest flexibility for managing your large transaction volumes and significant deposit activity each month.  

We can help make it easier to switch your   business accounts to PNC

Key Features
Offset Monthly Account Maintenance Fee

Let a PNC Banker show you opportunities to offset monthly maintenance fee

Higher Monthly Activity

Our highest volume of no-charge monthly transaction items and deposited cash

Cash Flow InsightSM

Our easy-to-use online financial management experience for your business works with your Business Checking Preferred account

Features and Benefits

  • No charge for up to 1,500 items per month based on the combined volume of deposits, deposited items, paid items, and ACH credits and debits received
  • $30,000 cash deposited per month over-the-counter, in the ATM, at the night depository or via Quick Deposit at no charge
  • More opportunities to offset monthly account maintenance fee than Business Checking or Business Checking Plus
  • Up to 9 additional Business Checking Preferred accounts with no monthly maintenance Fee[1]
  • No charge for Cash Flow Insight℠ - Base (Spend Analysis, Timeline, Trend, Cash In, Cash Out)
  • No charge for online or paper statement
  • No ATM transaction fees at PNC Bank ATMs [2]

Ways to Offset Your Monthly Account Maintenance Fee

A PNC Banker can show you how the way you do business using PNC cash flow solutions can not only help you make the most of your cash flow, but result in opportunities to offset monthly maintenance fees on your checking account.

When You Use These PNC Cash Flow Solutions:

  • Maintain a linked PNC Merchant Services® account (excludes Clover® Go)[5]
  • Use a linked PNC Business Credit Card[5] to make a minimum of $3,000 in eligible monthly purchases[6]
  • Maintain a Visa Signature® BusinessOptions℠ Credit Card[5]
  • Use:[7]
    • Deposit On-Site
    • DepositNow®
    • PINACLE®
    • Cash Logistics Services
    • Remote Safe
    • Cash Flow Insight℠ Payables
    • Cash Flow Insight Receivables

Or, Maintain any of the following PNC Account Balances:

  • $25,000 Average Monthly Collected Balance in this account
  • $50,000 Average Combined Collected Balance in linked PNC business checking and Money Market Accounts[5]
  • $75,000 Average Combined PNC Business Loan Balances[5]

Otherwise, the monthly account maintenance fee for Business Checking Preferred is $50.

Required Minimum to Open:  $250

View complete Business Checking Account and Related Charges

Solutions to Optimize Your Cash Flow

 

Accelerate Receivables

  • Cash Flow Insight℠ – Receivables - Create branded invoices online. Track the money you expect to receive (including new and placeholder transactions), view payment activity and schedule reminders, all for $15 per month.
  • PNC Merchant Services®[8] - Next-day funding on payment processing transactions when deposited to your Business Checking account.

Improve Payment Practices

  • Visa® Business Debit Card - Save money when you reduce the number of checks you need to buy and write
  • Visa® Business Credit Card[9] - (excludes Visa Signature® BusinessOptions) No Annual Fee. Use your card to make payments and better track of your expenses.
  • Cash Flow Insight℠ – Payables: Approve, pay, schedule and archive bills faster and more efficiently. Create placeholder payables, make payments to vendors electronically and sync seamlessly with your existing accounting software[10], all for $15 per month.

Monitor and Project Cash

  • Online Banking & Bill Pay: Free online access to deposit and loan account balances, activity and recent history, paid check and deposit ticket images, transfer funds between PNC deposit and loan accounts, and pay or receive business bills electronically.[4]
  • Cash Flow Insight℠ – Base (Spend Analysis, Timeline, Trend, Cash In, Cash Out)  Make more informed financial decisions and turn seeing into doing, included at no extra charge with your Business Checking Preferred account.
  • Cash Flow Insight℠ – Spend Analysis: When you enroll in Cash Flow Insight℠ our Spend Analysis tool will automatically assign business categories to your posted PNC business checking account transactions. This will help you monitor where you and your employees are spending and plan & budget for future business needs.

 

How to Apply

Associated Products & Services

Cash Flow Insight℠

Manage your business's cash flow with efficiency, control and insight with our innovative suite of online tools.

Learn More »

PNC points® Visa® Business Credit Card

Get an introductory 0% APR for the first 9 billing cycles following account opening on purchases and balance transfers, when the balance is transferred within the first 90 days following account opening.

Learn More »

Flexible Financing Solutions through SBA Loans

Small Business Administration (SBA) financing is designed to provide small businesses with access to credit featuring structures and terms that may be more flexible than conventional lending options.

Learn More »

Important Legal Disclosures & Information

  1. Monthly transaction and cash deposited volumes from this account and additional accounts are aggregated to determine transaction and cash deposited fee amounts.

  2. Monthly limit for free cash deposits includes over-the-counter, in the ATM, at the night depository, and via Quick Deposit.

  3. 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.

  4. There may be a fee for certain optional services available through online banking.

  5. A maximum of 10 eligible accounts may be linked to a business checking account in each of the business checking, money market, loan, business credit card and merchant services categories. Each eligible account may only be linked to one business checking account. Eligible loan accounts will be automatically linked to the business checking account from which an automatic payment is deducted. Eligible business credit cards will be automatically linked to a business checking account using the same primary name and considering the following factors, in order of priority: a) the business checking account open the longest, and b) the business checking account with the lowest account number. Eligible Merchant Services accounts will be automatically linked to the business checking account used as the settlement account. Some accounts may not be eligible to be linked based on titling structure, product type or other constraints. PNC linked loan accounts must be in good standing, paying as agreed, and not suspended, revoked or frozen; the outstanding balance on business lines of credit and the original principal amount for term loans will be used to determine the average combined loan balance. Subject to credit approval.

  6. PNC linked business credit card eligible purchases are purchases of goods or services made by you or your authorized user with an eligible linked business credit card account and includes balance transfers and convenience checks that are not subject to the cash advance rate. Eligible purchases do not include interest, fees and charges assessed to the business credit card account, cash advance transactions (including convenience checks that are subject to the cash advance rate), and purchases made at merchants with gambling or gaming merchant category codes. Purchases made with PNC BusinessOptions® Visa Signature® credit cards are excluded.

  7. To receive relationship benefits, the checking account must be set up as the billing account for the applicable service.

  8. Merchant Services provided by PNC Merchant Services Company and are subject to credit approval. PNC Merchant Services is a registered trademark of The PNC Financial Services Group, Inc.

  9. Subject to credit approval. Additional fees apply. PNC Bank, National Association is the creditor and issuer of the PNC Bank Business Credit Cards.

  10. Your Receivables and/or Payables data within Cash Flow Insight can sync with the following supported accounting software: QuickBooks® for Windows, QuickBooks® Online, Intacct®, NetSuite®, Xero®. Users of other accounting software such as Sage 50 and Microsoft Dynamics® can use the import/export functionality within Cash Flow Insight at no additional cost. 

PNC Purchase Payback is a registered mark of The PNC Financial Services Group, Inc.

The Clover® name and logo are owned by Clover Network, Inc., a wholly owned subsidiary of First Data Corporation, and are registered or used in the U.S. and many foreign countries.

DepositNow is a registered trademark of Fundtech, Inc. Eligibility for DepositNow is subject to bank approval and a PNC business checking account is required to use DepositNow.

CFO: Cash Flow Optimized and Cash Flow Insight are service marks of The PNC Financial Services Group, Inc.

Visa is a registered trademark of Visa International Service Association and used under license.

Banking and lending products and services and bank deposit products are provided by PNC Bank, National Association (N.A.), a wholly-owned subsidiary of The PNC Financial Services Group, Inc. and Member FDIC.