Update 6/23/24: New offer is $600 for $6,000 spend. Also comes with 0% APR on purchases for 9 months. (ht Etheostoma)
The Offer
- Earn a
$400bonus when you open and use a new PNC Cash Rewards Visa Signature Business credit card and spend$3,000during the first three billing cycles following account opening.
Card Details
- No Annual Fee
- Earn 1.5% Cash Back on all purchases with no limit.
- Redeem cash back anytime as a statement credit, or deposit cash back into an eligible PNC Business checking or savings account.
- Visa Signature benefits
Our Verdict
Nice cash signup bonus for business owners in eligible states. I don’t know how hard PNC is with approving business credit cards. PNC does not report business cards to the personal bureaus, though you will get a hard pull on your personal report.
They also have a PNC BusinessOptions credit card with a $750 bonus when you spend $25,000, though most people will prefer this $400 offer due to the reasonable spend requirement.
Hat tip to Travelwithgrant
I have this card from a year ago. If I apply again and get a new card, am I eligible for the bonus? I didn’t see restrictions mentioned in the terms but just wondered if anyone successfully churned this before.
tried with personal account. no luck.
Targeted mailer $600 for only $3K spend. Same 0% APR for 9 cycles.
Approved almost instantly – app went pending then approval email soon after.
In CO, applied as sole prop, existing biz checking.
CL $7.5K, reported biz income $25K.
EX pulled, 2/24 on accounts but 4/6 on inquiries, including two HPs yesterday 😅
i was going to do this but business checking has fees and personal savings im guessing wont work.
CA is in eligible state as well, that state should be able to be added.
Ultimately I was denied. I had a PNC personal checking with $500 in there, and one of the two denial reasons was an insufficient balance in my deposit account. If possible for you, I would suggest parking $5k or so in there before you apply. The other reason was date of last inquiry. This was my 5th HP in the last year, so not too bad. But they hit Experian, and I applied for an Ink the day before, so my guess is that may have done me in.
Recon suggested I would have a better chance at overcoming each of the denial reasons if I applied in branch.
Since I couldn’t find it documented anywhere, on the denial letter they listed the contact number as 877-562-0150. I used that for recon.
P2 was declined on Sole Prop – already signed up for the business checking account and was approved for that one. does she need to call in to recon?
Interesting enough, I didn’t have any active account with PNC when I applied, but I was able to initiate the application with an old login. Clicking through the link and entered log in information. The first time failed, but the second time went through. Anyway, will report back
The page you’re trying to reach is not available
How much is their typical credit line on this card?
I already have this card. Will they allow additional account?
I am in the same boat. Did you find out whether PNC allows multiple cash rewards business cards?