Your Business Checking Preferred Account will
be Transferred to a New Account In June 2020

We are enhancing our products to better meet your needs.

 

At PNC, we’re constantly exploring ways to enhance your experience with us. By simplifying our account offerings, we will be better able to serve your banking needs and provide you with options to manage your cash flow. 

Between June 10 and June 18, 2020, PNC will transfer your Business Checking Preferred account to either Business Checking, Business Checking Plus or Treasury Enterprise Plan. 

No action is required on your part unless you would like to discuss other business checking account options before the transfer.

All updated accounts being transferred will keep the same account number and continue to use the same checks. Previously authorized payments and deposits to the account will continue, as well as preauthorized bill payments and transfers.

You will receive a detailed conversion packet in the mail in February 2020. This will include the features, benefits and pricing for the account you'll transfer to in June 2020.

The Monthly Account Maintenance Fee will be waived for your first statement cycle following the transfer. 

For questions related to your account or to discuss your options:

Meet With Us at a PNC Branch
Schedule an appointment


Call Us
Call 1-877-BUS-BNKG
(1-877-287-2654)

Monday – Friday: 7 a.m. – 10 p.m. ET
Saturday & Sunday: 8 a.m. – 5 p.m. ET

Learn More
Frequently Asked Questions »

The monthly statement cycle review checks all four 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.

Additional Notes About Your Account Transfer

  • Accounts being transferred will keep the same account number and continue to use the same checks. Previously authorized payments and deposits to the account will continue, as well as preauthorized bill payments and transfers.
  • The Monthly Account Maintenance Fee will be waived for your first statement cycle following the transfer. Review more details about when the Monthly Account Maintenance Fee and service charges will begin for your account.
Frequently Asked Questions

Have questions? We're here to help.

 

Important Legal Disclosures & Information

  1. 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. Subject to credit approval.  

  2. A maximum of 10 eligible accounts may be linked to a business checking account in each of the business checking, money market, business credit card and merchant services categories. Each eligible account may only be linked to one business checking account. Some accounts may not be eligible to be linked based on titling structure, product type or other constraints. Subject to credit approval.

  3. Subject to credit approval. Additional fees apply. PNC Bank, National Association is the creditor and issuer of the PNC Bank business credit cards.

  4. A qualifying PNC Merchant Services processing deposit is an electronic deposit made by PNC Merchant Services directly into this checking account. Transfers made from one account to another or processing deposits from other merchant services sources are not eligible to meet this requirement.

  5. Merchant Services are 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.

  6. The monthly account maintenance fee will be waived on up to four (4) beneficiary checking accounts. The monthly average collected balance, transaction, and cash deposited volumes are aggregated for the master and four beneficiary accounts to determine monthly account maintenance fee, transaction and cash deposit fee amounts. 

    NOTE: Effective April 1, 2020: You will have the option to add more than four (4) beneficiary accounts for an additional $10.00 monthly account maintenance fee for each beneficiary account over four. The monthly average collected balance, transaction, and cash deposited volumes are aggregated for the master and all beneficiary accounts to determine earnings credit, master monthly account maintenance fee, transaction and cash deposit fee amounts.

  7. Based on the combined volume of deposits, deposited items, paid items, and ACH credits and debits received.

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

QuickBooks® is a registered trademark of Intuit®, Inc.

Cash Flow Insight is a registered mark of The PNC Financial Services Group, Inc.
U.S. Patent Nos. 10,402,910 and 9,965,808, and others patents pending.

DepositNow is a registered trademark of Fundtech, Inc. 

PNC, PINACLE, Deposit On-Site®, and Deposit On-Site Mobile® are registered marks of The PNC Financial Services Group, Inc. (“PNC”).

Banking 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.

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