PNC Business Credit Cards Review

(June 2024)

PNC Business Credit Cards Review

In This Article

Our Verdict

PNC Cash Rewards Visa Signature Business Credit Card

PNC Bank offers a variety of personal and business credit cards, each with different features and benefits. Consider the PNC Cash Rewards Visa Signature Business Credit Card if you want cash back rewards on purchases, the PNC Travel Rewards Visa Business Credit Card if you want rewards for travel-related expenses, the PNC Points Visa Business Credit Card if you want rewards points for purchases that you can redeem for travel, merchandise, or gift cards, the PNC Purchasing Card if your business frequently makes purchases from vendors and needs tools for expense management, and the PNC Business Options Visa Signature Credit Card if you want flexible rewards.

Founded in 1852, PNC Bank is headquartered in Pittsburgh, Pennsylvania, and operates in 21 states( Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia, West Virginia and the District of Columbia). Contact PNC Bank at 1-888-762-2265 or visit its website for more information.

Pros

  • A wide range of business banking products and services, including loans, lines of credit, and cash management tools.
  • Convenient online and mobile banking options for managing your business finances.
  • Competitive interest rates and fees on many business banking products.
  • Personalized support from a dedicated PNC business banker.
  • A large network of branches and ATMs in several states, including North Carolina, New Jersey, and Virginia.

Cons

  • Limited geographic reach compared to larger national banks, with a presence in only 21 states.
  • Higher fees on some business banking products compared to smaller, local banks.
  • Poor customer service and support.
  • Limited availability of specialized business banking services compared to some other national banks.

Who This Product Is Best For

PNC Business Credit Cards Review

PNC Business credit cards are best for your business needs if you:

  • Need a flexible credit options that can help you manage your cash flow.
  • Have an existing relationship with PNC Bank.
  • Run a business operating in the 21 states where PNC has a strong presence.
  • Want a range of business credit card options to choose from, including credit cards with low introductory rates, cash back rewards, and travel benefits.
  • Need a credit card with no annual fee or waived fee for the first year.

Who This Product Isn't Right For

PNC business credit cards may not be the best choice for your businesses if you:

  • Want to earn rewards or cash back on purchases
  • Have a preference for online banking and mobile app capabilities
  • Are looking for a large selection of credit card options with varying features
  • Need a higher credit limit than what PNC offers on their cards
  • Prefer a credit card issuer with a strong reputation for customer service.

What This Product Offers

PNC Cash Rewards Visa Signature Business Credit Card: Contemplate the PNC Cash Rewards Visa Signature Business Credit Card if you want cash back rewards on purchases. 

PNC Travel Rewards Visa Business Credit Card: Explore the PNC Travel Rewards Visa Business Credit Card if you want rewards for travel-related expenses.

PNC Points Visa Business Credit Card: Evaluate the PNC Points Visa Business Credit Card if you want rewards points for purchases that you can redeemed for travel, merchandise, or gift cards.

PNC BusinessOptions Visa Signature Credit Card: Examine the PNC BusinessOptions Visa Signature Credit Card if you want flexible rewards and benefits that can be customized to fit your business needs.

Product Details

PNC Cash Rewards Visa Signature Business Credit Card:

  • Earn cash back rewards on your purchases, with 1.5% cash back on every purchase.
  • Enjoy a generous sign-up bonus of $400 cash rewards after spending $3,000 on purchases in the first 3 billing cycles.
  • Pay no annual fee.
  • Get a 0% introductory APR on purchases for the first 9 billing cycles.
  • Variable APR between 15.74% to 24.74% after the first 9 billing cycles.
  • Foreign transaction fee: 3% of the amount of each transaction in U.S. dollars.
  • Other benefits: Access to Visa Signature benefits, including travel and emergency assistance services, purchase protection, extended warranty coverage, and more.
  • Credit score requirement: You need a good to excellent credit score for approval.
  • Other fees: Late payment fee up to $49, returned payment fee up to $39. Use your card for business expenses and earn cash back rewards to reinvest in your business.

PNC Travel Rewards Visa Business Credit Card: 

  • Sign-up bonus of 30,000 bonus points after $3,000 in purchases within the first 3 billing cycles
  • Earn unlimited 1.5 miles per $1 spent on purchases
  • No foreign transaction fees
  • 24/7 online account access and management tools
  • Auto Rental Collision Damage Waiver, Travel Accident Insurance, and Trip Cancellation/Interruption Insurance included
  • No annual fee for the first year, $95 annual fee after the first year
  • Variable APR ranging from 15.74% to 24.74%

PNC Points Visa Business Credit Card:

  • Earn rewards points on every purchase, including 5 points for every $1 spent on qualifying purchases.
  • No annual fee.
  • Redeem points for travel, merchandise, gift cards, and more.
  • No limit on the number of points you can earn.
  • Enjoy a 0% introductory APR for the first 13 billing cycles on balance transfers made within the first 90 days.
  • Receive a complimentary card for employees with individual credit limits and rewards earning potential.
  • Manage your account easily through PNC’s online banking and mobile app.
  • Variable APR ranging from 15.74% to 24.74%
  • Get extra protection against fraudulent purchases with PNC’s Zero Liability Protection.

PNC BusinessOptions Visa Signature Credit Card: 

  • Earn 1.5 points for every $1 spent on eligible purchases
  • No limit to the number of points you can earn
  • Redeem points for statement credits, travel, merchandise, gift cards, and more
  • No foreign transaction fees
  • Customize rewards and benefits to fit your business needs
  • Access to Visa Signature benefits, including travel and purchase protection, concierge service, and more
  • 0% introductory APR for the first 13 billing cycles on purchases and balance transfers, then a variable APR of 15.74% to 21.74%
  • Annual fee of $0 for the first year, then $125

Where This Product Stands Out

Competitive Rewards Programs: Consider PNC’s range of business credit cards, such as the PNC Cash Rewards Visa Signature Business Credit Card, PNC Travel Rewards Visa Business Credit Card, and PNC Points Visa Business Credit Card, that offer rewards points, cash back, and travel rewards for business-related expenses.

Customized Rewards: If you want flexible rewards and benefits that can be customized to fit specific business needs, consider the PNC BusinessOptions Visa Signature Credit Card. This card allows you to earn rewards for every purchase, and customize rewards to suit your business needs.

Wide Network of Branches: PNC Bank has branches in multiple states, including Pennsylvania, Ohio, Michigan, Indiana, Kentucky, Delaware, New Jersey, Virginia, Illinois, Florida, Wisconsin, Maryland, and Washington, D.C.

Digital Banking: PNC Bank’s digital banking platform offers a wide range of services and features, including online and mobile banking, bill pay, account alerts, and more.

Where This Product Falls Short

Fewer Branches: If in-person banking services are important to you, keep in mind that PNC Bank has fewer branches in its geographic domain compared to other banks like BMO.

No Discount With Autopay: Keep in mind that PNC Bank doesn’t offer a discount on business credit card payments made automatically, so you may not be able to take advantage of this cost-saving option.

Higher Interest: Before applying for a PNC Bank business credit card, compare interest rates with other lenders to ensure you’re getting the best deal.

Limited Rewards: If you’re looking for a business credit card with a wide range of rewards options, PNC Bank’s options may be limited. Consider other credit cards in the market to find the best rewards or cashback options for your business.

How to Qualify for This Product

To qualify for a PNC Bank business credit card, you will need to provide information about your business, including its revenue, years in operation, and credit score. Maintain a decent, consistent revenue to prove your business can repay whatever the monthly credit card payments are. It is also essential to have a good personal credit score and a healthy cash flow. The higher your income, FICO score, and cash flow, the better your chances of qualifying for a PNC business credit card. Keep in mind that PNC Bank may check your personal credit score when you apply for a business credit card, so it’s important to have a good personal credit history.

How to Apply for This Product

To apply for a PNC Bank business credit card, it’s best to directly speak with a PNC banker. PNC Bank doesn’t openly share its application procedures for business credit cards, but a business credit card banker can provide you with all the necessary information about credit cards at PNC. 

To apply for a PNC Bank business credit card:

  • Visit the PNC Bank website and choose the business credit card that suits your needs.
  • Click the “Apply Now” button and fill out the application form online.
  • You can also call the PNC Bank customer service number at 1-855-762-2365 to apply over the phone or visit a local PNC Bank branch to apply in person.

Be ready to provide information such as your business’s name, address, and contact details, along with your Tax Identification Number (TIN) and other financial information. You may need to provide personal identification and financial statements for your business, depending on the card you are applying for.

Alternatives to This Product

Chase: Choose Chase if you’re looking for a bank with a strong credit card program that offers cashback rewards, travel rewards, and more. Plus, Chase offers a range of business credit cards to choose from based on your specific needs. 

American Express: American Express offers a variety of business credit cards that offer rewards on business expenses, such as office supplies and travel. Plus, they offer benefits such as extended warranty, purchase protection, and more.

Capital One: Capital One offers competitive rates and fees for its business credit cards, and its rewards program is flexible and customizable based on your business spending habits. Plus, they offer features such as fraud alerts and account alerts to help you stay on top of your spending.

Customer Reviews

Based on the feedback from 727 customers on Trustpilot, PNC Bank has an overall rating of 1.3 out of 5 stars. The reviews indicate that many customers are not happy with the bank’s customer service, unexpected fees, and instances of fraud. Although there are some positive reviews, the majority of the feedback suggests that PNC Bank needs to prioritize improving its customer service and transparency.

Methodology

We reviewed *this product* based on 20 data points in the categories of credit card details, credit card rewards, eligibility and accessibility, customer experience and the application process. We rated *this product* based on the weighting assigned to each category:

  • Credit card details: 35%
  • Credit card rewards: 25%
  • Customer experience: 20%
  • Eligibility and accessibility: 10%
  • Application process: 10%

Within each major category, we also considered several characteristics, including available credit cards, rewards and applicable fees. We also looked at minimum credit scores and time in business requirements and the geographic availability of the lender. Finally, we evaluated *this product* customer support tools, borrower perks and features that simplify the borrowing process—like online applications, prequalification options and mobile apps.

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