PNC Cash Rewards® Visa Signature® Business Credit Card Review
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
The PNC Cash Rewards® Visa Signature® Business Credit Card is designed for business owners who want unlimited, fixed-rate cash back regardless of spending categories. It comes with a $0 annual fee and a low ongoing annual percentage rate (APR) ranging from 11.74% to 20.74%.
If you wish to compare one card over another, choose a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn cash back rewards
Intro APR
0% for 9 billing cycles
Regular APR
15.24% to 24.24% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so that you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken®, or QuickBooks®, or use .csv files.
- Visa Signature® benefits: This card comes with Visa travel benefits and protection for purchases.
Intro APR
0% for 9 billing cycles
Regular APR
15.24% to 24.24% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so that you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken®, or QuickBooks®, or use .csv files.
- Visa Signature® benefits: This card comes with Visa travel benefits and protection for purchases.
How We Evaluate Cash Back Business Credit Cards
When grading fixed-rate cash back business credit cards like the PNC Cash Rewards® Visa Signature® Business Credit Card, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing APRs, and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 27 | 30 |
Introductory Rewards | 15 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 13 | 15 |
Introductory APR | 8 | 10 |
Ongoing APR | 10 | 10 |
Total Score | 88 | 100 |
Who the PNC Cash Rewards® Visa Signature® Business Credit Card Is Best For
- Business owners who prefer to earn fixed-rate rewards: You can earn unlimited 1.5% cash back on all business-related purchases, regardless of spending categories.
- Business owners who need to carry a balance: The PNC Cash Rewards® Visa Signature® Business Credit Card comes with a low minimum ongoing APR of 11.74%, which is a good alternative for those who need to carry a balance from time to time. For this reason alone, it made it one of our best 0% APR business credit cards.
- Business owners who have an existing business checking account with PNC Bank: You can link your card to your PNC business checking account for overdraft protection and to redeem your cash back as a deposit to your account.
If you prefer another PNC credit card, read our review of the best PNC business credit cards. You may also want to look at our list of the leading small business credit cards to find other options.
PNC Cash Rewards® Visa Signature® Business Credit Card Fees
APR
- Introductory APR: 0% APR on purchases for the first nine billing cycles after account opening
- Ongoing APR: 11.74% to 20.74% variable—adjusts with the prime rate
- Balance transfer APR: 11.74% to 20.74% variable—adjusts with the prime rate
- Cash advance APR: 22.74% variable—adjusts with the prime rate
- Penalty APR: 29.74% variable—adjusts with the prime rate
Fees
- Annual fee: None
- Balance transfer fee: 3% of the amount of the transfer or $5, whichever is greater
- Foreign transaction fee: 3% of the amount in United States dollars of each foreign transaction
- Cash advance fee: 4% of the advance or $10, whichever is greater—APR is 22.74%
- Late payment fee: Amount will be based on the previous balance shown on the statement.
- $15 for previous balances of up to $99.99
- $29 for previous balances of $100 to $249.99
- $39 for previous balances of $250 and greater
- Overlimit fee: $39
- Returned payment fee: $35
- Returned convenience check fee: $35
PNC Cash Rewards® Visa Signature® Business Credit Card Rewards
- $400 bonus after spending $3,000 in qualifying purchases within the first three billing cycles after opening an account
- Unlimited 1.5% cash back on all eligible net purchases
You can redeem your cash back anytime as a statement credit or as a deposit into an eligible PNC business checking or savings account. It’ll take seven business days after receiving a valid redemption request for the cash back to be credited to your billing statement or deposit account. It’s important to note that statement credits aren’t considered a payment on the account. You still need to make at least your minimum required payment to avoid penalties.
How To Make Payments on the PNC Cash Rewards® Visa Signature® Business Credit Card
- Online: You can pay your bills electronically by signing in to PNC Online Banking. Make a one-time payment, or schedule recurring payments by selecting “Make a Payment” or “Pay Today” on the account activity screen.
- Via PNC Mobile App: You can use the PNC Mobile app to pay from a PNC checking or savings account.
- Automated Payments: Sign up for automated payments by filling out the form available at pnc.com/cc-autopayform, then fax or mail it as indicated on the form.
- Phone: Call the bank at (800) 239-5175 or (800) 558-8472. Follow the prompts to either make a self-service payment or ask for assistance from an agent.
- Mail: Mail a check with the coupon at the bottom of your statement. If you don’t use your payment coupon, make sure you write your PNC credit card account number on the check. Note that mailing your payment without your payment coupon can delay crediting of your payment. Send your payment to this address:
PNC Bank
PO Box 71335
Philadelphia, PA 19176-1335
PNC Cash Rewards® Visa Signature® Business Credit Card Additional Features
Cash Flow Insight®
Cash Flow Insight® is designed to help you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables digitally. When you enroll for this feature, PNC’s Spend Analysis tool will assign business categories automatically to your credit card transactions. This allows you to monitor the expenses you and your employees are spending so that you can plan a budget for your future business needs.
Lost Luggage Reimbursement
You can be reimbursed up to $3,000 if your luggage was lost or stolen when you charge your entire travel fare to this card.
Travel Accident Insurance
The PNC Cash Rewards® Visa Signature® Business Credit Card provides travel accident insurance coverage if you die or are seriously injured while traveling. To be eligible, the trip should be paid for entirely using this card. Refer to your guide to benefits to learn about coverage and exclusions.
Roadside Dispatch®
Roadside Dispatch is a pay-per-use roadside assistance program that provides services such as towing, tire changing, jump-starting, fuel delivery of up to five gallons, winching, and lockout services. You may call for roadside assistance 24/7 at (800) 847-2869. You’ll be responsible for any fees associated with the services rendered.
Travel & Emergency Assistance Services
In case of an emergency while you’re traveling, this service can connect you with the appropriate local emergency and assistance resources and is available 24/7. You’ll be responsible for the cost of any services provided. Note that dependents―spouses and children 22 years old and younger―are eligible to use these services.
Pros & Cons of the PNC Cash Rewards® Visa Signature® Business Credit Card
| PROS | CONS |
|---|---|
| Sign-up bonus: You’ll earn a $200 sign-up bonus if you meet the spending requirements of $3,000 in qualifying purchases within the first three billing cycles. | Short 0% APR period on purchases: This card only offers a 0% APR on purchases for nine billing cycles, which is much shorter than the standard interest-free APR period offered by other issuers. |
| Low ongoing APR: This card comes with a low ongoing APR that ranges from 11.74% to 20.74%, making it a good option if you need to carry a balance. | No introductory APR for balance transfers: This rate only applies to purchases—if you plan to transfer a balance from another card, you’ll be charged a variable APR of 11.74% to 20.74% |
| No annual fee: You can earn unlimited 1.5% cash back on all purchases without having to pay annual fees. | Online application unavailable for nonaccount holders: You can only apply online if you have an existing online bank account with PNC Bank or if you’re an existing PNC depositor—nondepositors need to visit a branch to apply in person. |
PNC Cash Rewards® Visa Signature® Business Credit Card Alternatives
Capital One® Spark® Cash Select Good Credit
If you still want a fixed-rate rewards system that has a longer interest-free financing scheme, then you may want to consider Capital One® Spark® Cash Select Good Credit, one of our best business credit cards with no annual fee. It also offers unlimited 1.5% fixed-rate cash back on all purchases, which can be redeemed in the form of a statement credit or a check by mail and doesn’t charge balance transfer and foreign transaction fees.
Capital One® Spark® Cash Select Good Credit
BEST FOR:
Businesses with good credit that want a 0% introductory APR
Intro APR
0%
Regular APR
20.24% - 28.24% variable, which adjusts with the prime rate
Annual Fee
$0
Credit Needed
Good
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual fee
- Ability to finance purchases with 0% APR for 12 months
- Free employee cards
Cons
- 0% APR doesn’t apply to balance transfers
- No sign-up bonus
- $0 foreign transaction fee: No foreign transaction fees on purchases made outside of the United States
- $0 fraud liability: Advance emergency replacement for lost and stolen cards plus a cash advance
- Roadside assistance: Services like jump-starting, tire changing, and towing
Intro APR
0%
Regular APR
20.24% - 28.24% variable, which adjusts with the prime rate
Annual Fee
$0
Credit Needed
Good
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual fee
- Ability to finance purchases with 0% APR for 12 months
- Free employee cards
Cons
- 0% APR doesn’t apply to balance transfers
- No sign-up bonus
- $0 foreign transaction fee: No foreign transaction fees on purchases made outside of the United States
- $0 fraud liability: Advance emergency replacement for lost and stolen cards plus a cash advance
- Roadside assistance: Services like jump-starting, tire changing, and towing
American Express Blue Business CashTM
American Express Blue Business CashTM is a great alternative if you want better cash back rewards. It offers a straightforward 2% cash back on all eligible purchases of up to $50,000 per calendar year, then 1% after that. It also has a welcome offer of a $250 statement credit after spending $3,000 in qualifying purchases within the first three months of account opening. These are the reasons why it’s our leading cash back business credit card.
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.49% - 25.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.49% - 25.49%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
17.49% - 25.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.49% - 25.49%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
PNC points® Visa® Business Credit Card
If you have an existing PNC account but want an interest-free financing scheme for both balance transfers and purchases, then you can consider getting the PNC points® Visa® Business Credit Card. It lets you earn 5 points for every dollar spent on qualifying purchases, with no spending categories to keep track of and no limit to the number of points you can earn.
PNC points® Visa® Business Credit Card
BEST FOR:
Those who need to carry a balance
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
14.74% to 23.74% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Unlimited 5 points for every dollar spent on eligible purchases, with no spending categories to keep track of and no limits on the amount of points earned.
Pros
- Low ongoing APR
- Unlimited five points for every dolar spent on business-related purchases
- No annual fees
Cons
- Short interest-free financing option on both purchases and balance transfers
- Points expire on the 48th month after the month in which they were posted to your points account
- Only available if you have an existing online bank account with PNC Bank or if you’re an existing PNC depositor
- Overdraft protection: You can use this card as overdraft protection for your PNC business checking account. This can help prevent overdrafts if your checking account doesn’t have sufficient funds to cover your check transactions.
- Cash Flow Insight®: This lets you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables. It has a Spend Analysis tool that will automatically assign business categories to your credit card transactions so that you can track your expenses and plan a budget for your future business needs.
- Purchase security: Items purchased with this card are covered by purchase security. Visa® will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.
- Extended protection: If you purchase an item with this card, you’re covered with extended protection. This coverage doubles the original manufacturer’s written US warranty up to a maximum of one additional year on warranties of three years or less.
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
14.74% to 23.74% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- Unlimited 5 points for every dollar spent on eligible purchases, with no spending categories to keep track of and no limits on the amount of points earned.
Pros
- Low ongoing APR
- Unlimited five points for every dolar spent on business-related purchases
- No annual fees
Cons
- Short interest-free financing option on both purchases and balance transfers
- Points expire on the 48th month after the month in which they were posted to your points account
- Only available if you have an existing online bank account with PNC Bank or if you’re an existing PNC depositor
- Overdraft protection: You can use this card as overdraft protection for your PNC business checking account. This can help prevent overdrafts if your checking account doesn’t have sufficient funds to cover your check transactions.
- Cash Flow Insight®: This lets you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables. It has a Spend Analysis tool that will automatically assign business categories to your credit card transactions so that you can track your expenses and plan a budget for your future business needs.
- Purchase security: Items purchased with this card are covered by purchase security. Visa® will replace, repair, or reimburse you for eligible items in the event of theft or damage within the first 90 days of purchase.
- Extended protection: If you purchase an item with this card, you’re covered with extended protection. This coverage doubles the original manufacturer’s written US warranty up to a maximum of one additional year on warranties of three years or less.
Bottom Line
The PNC Cash Rewards® Visa Signature® Business Credit Card is a no-annual-fee, low-interest credit card that’s best for business owners who have an existing deposit account with PNC Bank. While it offers a 0% introductory period, it’s only for nine billing cycles and doesn’t apply to balance transfers. If this card isn’t what you’re looking for, check out our Credit Card Marketplace or visit our guide to the best small business credit cards for more options.
