You will earn a statement credit in the amount of $400 after you have made $3,000 in net purchases during the first 3 billing cycles following account opening. The statement credit will be awarded to the account within 90 days of meeting the $3,000 minimum requirement. The term “net purchases” does not mean all purchases you make with your credit card. Some limited transactions, such as cash advances and balance transfers, are excluded. For details about what qualifies as a net purchase, please see the complete reward program terms and conditions at pnc.com/businesscashrewardsterms. Limit of one $400 statement credit per PNC Cash Rewards business credit card account. New accounts only, subject to credit approval; not valid for existing PNC Cash Rewards business credit card accounts.
To be awarded the cash back earned under this offer, your Account must be in good standing, which means it is open, not deemed by PNC Bank to be delinquent, and has not exceeded the approved credit limit. If your Account is not in good standing and/or reaches 60 days of delinquency, you immediately and automatically forfeit any cash back earned under this offer but not redeemed.
You may forfeit any cash back rewards you have earned under this offer if we determine, in our sole discretion, that you have engaged, or intend to engage, in abuse, misuse, or gaming in connection with this offer in any way. This may include, without limitation and without prior notice, any or all of the following (1) disqualifying you from the offer; (2) reversing of any rewards awarded under this offer; (3) closing or suspending your Account; or (4) taking legal action against you to recover any monetary losses, including attorneys’ fees and damages. You are not entitled to compensation when your cash back rewards are forfeited for any reason.