Business bank account review

PNC Business Checking

Name: PNC Business Checking
Rating: 5.9

Branch bank business checking at $12 a month, waived with a $500 average monthly collected balance or a PNC card or merchant relationship, with 150 transactions included and $0.30 per $100 of branch cash past the included volume.

By PNCParent company: PNC Bank, National AssociationVerified Oct 17, 2026

RTC SCORE

5.9

#5 of 13 with enough data

What we like

150 combined transactions a month included, then $0.50 each.
Branch cash is free up to a monthly volume, then $0.30 per $100, with no published monthly cap.

What to watch

$12 monthly fee unless you keep a $500 average monthly collected balance or have a linked PNC card or merchant account.
The Business Checking requirements ask for the SSN of every signer and don't mention an ITIN.
Night depository bags cost $3.00 each, and a branch domestic wire costs $95.

How the score breaks down

RTC Score5.9out of 10

Methodology v1.0.0

Data completeness90%

We could verify 90% of the scoring data

Strongest points: 12-month cost (reference restaurant), Cash deposit limit, Accounting software it connects to
Weakest point: Owner with an ITIN and no SSN

Score by criterion

12-month cost (reference restaurant)Weight 32%Strongest7.0 out of 10
$180 over 12 months
Where you can deposit cashWeight 10%5.0 out of 10
Cash deposit limitWeight 10%Strongest10.0 out of 10
Owner with an ITIN and no SSNWeight 10%Weakest0.0 out of 10
Fee to close the accountWeight 10%No data
How easy the monthly fee is to avoidWeight 8%6.0 out of 10
Accounting software it connects toWeight 6%Strongest8.5 out of 10
Open onlineWeight 5%10.0 out of 10
Outgoing domestic wire feeWeight 5%0.0 out of 10
Mobile check depositWeight 4%10.0 out of 10

All the data, with sources

Each value links to its source. "Not published" means the vendor doesn't disclose it; "Unconfirmed" means we looked and couldn't confirm it. Data points we have for fewer than four vendors are left out until we can compare them.

Fees
Data point	Value
Monthly fee	$12/moVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
How to avoid the monthly fee	Keep a minimum or average balanceVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Also waived with $500 in purchases on a linked PNC business credit card or $500 in monthly deposits from a linked PNC merchant account, and for the first three months.
Transactions included a month	150Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)Counted as the combined volume of deposits, deposited items, paid items and ACH credits and debits received.
Each transaction over the included ones	$0.50 one-timeVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Outgoing domestic wire	$95 one-timeVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Branch-initiated outgoing domestic wire. The schedule does not list a price for wires sent online.
Minimum opening deposit	$100Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Other fees	The $12 monthly fee is waived with a $500 average monthly collected balance. Cash past the free $5000 a month costs $0.30 per $100. Night drop bags: $3.00 per bag. Paper statement: $3.00 per cycle. Non-PNC ATMs: $3.00 each in the U.S. ($5.00 abroad). Overdraft or returned item: $36.00 per item, up to 4 a day. Stop payment: $33.00. QuickBooks direct connection: $15.00 a month. Cash furnished over the counter: $2.50 per $1,000.Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)

Cash deposits
Data point	Value
Accepts cash deposits	YesVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Where you deposit cash	Bank branchVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Over the counter, at the night depository or via Quick Deposit. PNC ATMs charge nothing per deposit, but the schedule doesn't say how ATM cash counts toward the monthly cash volume, so it isn't loaded as a channel.
Cash deposited free each month	$5,000/moVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Cash deposit limit	No published monthly capVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Cash past the free volume is charged, not refused; the schedule publishes no monthly cap.
Most cash a month	N/AVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)

Bank and deposit insurance
Data point	Value
Who holds the money	The bank itself (FDIC member)Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Bank that holds the deposits	PNC Bank, National Association, Member FDICVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Most FDIC coverage offered	No data

Requirements to open
Data point	Value
What the owners must give	For Business Checking PNC asks for the business's Tax Identification Number, two forms of ID (a government-issued photo ID, such as a driver's license or passport, plus a secondary ID) and the SSN of each owner, officer, member or partner who will sign on the account; beneficial owners of 25% or more give their Social Security Number, among other data.Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Owner with an ITIN and no SSN	The bank publishes that an SSN is requiredVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)The Business Checking requirements list an SSN for signers of every business type and do not mention an ITIN. The path without an SSN (at a branch, with a passport or Mexican matricula) appears on the same page only for credit cards, merchant services and loans.
Open online	OnlineVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)

Day to day
Data point	Value
Mobile check deposit	YesVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)
ATM withdrawals	No fee at PNC Bank ATMs. At other ATMs PNC charges $3.00 each in the U.S., Canada, Puerto Rico and the U.S. Virgin Islands ($5.00 elsewhere), and the other bank's surcharge is not reimbursed.Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Accounting software it connects to	QuickBooks, Xero, NetSuiteVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Through Cash Flow Insight's Pay Receive Sync, a paid subscription. A direct QuickBooks connection costs $15 a month.
Interest on the checking balance	No data

Account agreement and closing
Data point	Value
Fee to close the account	UnconfirmedVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)Neither the fee schedule nor the account agreement lists a closing fee; the schedule says prices are subject to change.
Minimum term	Month to monthVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)No minimum term: either side can close the account at any time.
Closing clause	You or PNC may close the account at any time, for any reason, without advance notice. PNC may ask for the request in writing and doesn't have to close it until outstanding checks, ATM, card and ACH items are resolved; a positive balance is mailed to you.Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)
Right to change fees	PNC may amend the agreement, change fees and charges and convert the account to another product from time to time, informing you by mail or, with online statements, on its Online Banking site.Verified Oct 17, 2026Source: PNC Bank (opens in a new tab)

Language
Data point	Value
Business pages in Spanish	YesVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)PNC publishes a Spanish product information sheet for business checking, and most of pnc.com is translated.
Support in Spanish	Published Spanish line or teamVerified Oct 17, 2026Source: PNC Bank (opens in a new tab)PNC's general Spanish customer service line; the page does not say it is a business banking line.

More about PNC Business Checking

How we score