PNC Travel Rewards Visa® Business Credit Card Review for 2022
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.
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This article is part of a larger series on Best Small Business Credit Cards.
The PNC Travel Rewards Visa® Business Credit Card is designed for business owners who travel frequently. This card offers ongoing rewards that can be redeemed for travel, has a low ongoing annual percentage rate (APR), and has no annual fee. Additionally, it doesn’t charge a foreign transaction fee for transactions outside of the United States.
PNC Travel Rewards Visa® Business Credit Card
BEST FOR:
Earning fixed-rate rewards for businesses that bank with PNC Bank
Intro APR
N/A
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn 1 mile for every $1 in eligible net purchases
- No limit to the number of miles you can earn
- Earn double miles on the first $2,500 in eligible net purchases
- Book your own travel, then redeem miles for a statement credit
Pros
- No annual fee
- Low ongoing APR
- No foreign transaction fee
Cons
- No 0% APR period
- Low ongoing rewards
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- All benefits of a Visa® card: This card comes with all the benefits of a Visa® credit card, including worldwide acceptance and fraud protection.
Intro APR
N/A
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn 1 mile for every $1 in eligible net purchases
- No limit to the number of miles you can earn
- Earn double miles on the first $2,500 in eligible net purchases
- Book your own travel, then redeem miles for a statement credit
Pros
- No annual fee
- Low ongoing APR
- No foreign transaction fee
Cons
- No 0% APR period
- Low ongoing rewards
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- All benefits of a Visa® card: This card comes with all the benefits of a Visa® credit card, including worldwide acceptance and fraud protection.
Do you want to compare the features of one card to another? We’ve made it easy for you to do that—check off up to three cards on this page―see PNC Travel Rewards Visa® Business Credit Card Alternatives―to add them to your cart. This will allow you to view the details in a side-by-side comparison.
How We Evaluate Low-Interest Business Credit Cards
When grading a low-interest credit card like the PNC Travel Rewards Visa® Business Credit Card, we first consider the introductory and ongoing APRs. We also rate the card’s additional features, annual fee, ongoing and introductory rewards, and other fees.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory APR | 0 | 25 |
Ongoing APR | 25 | 25 |
Additional Features | 8 | 10 |
Annual Fee | 10 | 10 |
Ongoing Rewards | 5 | 10 |
Introductory Rewards | 5 | 10 |
Other fees | 8 | 10 |
Total Score | 61 | 100 |
Who the PNC Travel Rewards Visa® Business Credit Card Is Best For
- Business owners who travel frequently: The PNC Travel Rewards Visa® Business Credit Card offers one mile per dollar spent on eligible purchases, which can be used for travel.
- Business owners who need to carry a balance: While this small business credit card doesn’t offer a 0% introductory APR, it comes with a low ongoing interest rate, making it a good option for those who need to carry a balance.
PNC Travel Rewards Visa® Business Credit Card Fees
- Introductory APR: None
- Ongoing APR: 10.99% to 19.99% variable—adjusts with the prime rate
- Annual fee: $0
- Balance transfer fee: $5 or 3% of the amount of each transfer, whichever is greater
- Foreign transaction fee: None
- Cash advance fee: $10 or 4% of the amount of each transaction, whichever is greater—APR is 21.99%
How To Make Payments on the PNC points® Visa® Business Credit Card
- Online: Pay your PNC Travel Rewards Visa® Business Credit Card through 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 for your account.
- Mobile: Use the PNC Mobile app to pay from a PNC checking or savings account.
- Automated payments: Set up automated payments by filling out the form (available at pnc.com/cc-autopayform), then fax or mail it as indicated on the form.
- By phone: Call PNC 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.
- Check by mail: You can send a check payment 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. Mailing your payment without your payment coupon can delay crediting of your payment. Send your payment to this address (which is for payments only):
PNC Bank PO Box 71335
Philadelphia, PA 19176-1335
PNC Travel Rewards Visa® Business Credit Card Rewards
- 2x miles on the first $2,500 on eligible net purchases
- Unlimited 1x mile for every dollar on eligible net purchases after the first $2,500
To redeem your miles, use your PNC Travel Rewards Visa® Business Credit Card to purchase airline or cruise tickets, rent a car, or book hotel stays. Contact PNC Bank within 60 days after the travel purchase posts to your account to redeem your miles. You’ll receive a $50 credit for every 5,000 miles you redeem for travel. You can also redeem your miles as monetary credit and receive a $40 credit for every 5,000 miles redeemed. Redemption should be in increments of 5,000 miles.
PNC Travel Rewards Visa® Business Credit Card Additional Features
Cash Flow Insight®
Cash Flow Insight® helps you monitor and plan your cash flow, send invoices via email, get paid online, and manage payables. The Spend Analysis tool will assign business categories automatically to your credit card transactions to help you track your expenses so you can plan a budget for your future business needs.
Online Account Management
You can keep track of your current balance, monitor cash flow, and view pending transactions online. You can also control your employee cards by setting individual spending limits. In addition, you can make payments online or schedule recurring payments as well as add, activate, or close cards through online account management.
Overdraft Protection
You can set up your PNC Travel Rewards Visa® Business Credit 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.
Extended Warranty Protection
Extended warranty protection covers purchases made with your PNC Travel Rewards Visa® Business Credit Card. This coverage doubles the original manufacturer’s US warranty, up to a maximum of one additional year, on warranties of three years or less.
Purchase Security
Purchase Security covers eligible items purchased with your PNC Travel Rewards Visa® Business Credit Card. Visa® will replace, repair, or reimburse you for items that are damaged or stolen within the first 90 days of purchase.
Travel & Emergency Assistance Services
In case of an emergency while you’re traveling, you can use the 24-hour travel and emergency assistance service. It can connect you with the appropriate local emergency and assistance resources; however, the cost of the services provided will be charged to your account.
Pros & Cons of the PNC Travel Rewards Visa® Business Credit Card
| PROS | CONS |
|---|---|
| No annual fee: The PNC Travel Rewards Visa® Business Credit Card doesn’t charge an annual fee, which helps reduce your overall credit cost. | No 0% APR period: There is no interest-free period for purchases or balance transfers. |
| Low ongoing APR: This card comes with a low ongoing APR that ranges from 10.99% to 19.99%, making this an ideal credit card if you need to carry a balance. | Low ongoing rewards: You will earn 2x miles for the first $2,500 in eligible purchases and 1x mile thereafter—these rewards are lower compared to most other travel rewards business credit cards. |
| No foreign transaction fee: You can use this credit card to make purchases outside the United States without having to worry about foreign transaction fees. | Online application not available 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 Travel Rewards Visa® Business Credit Card Alternatives
PNC points® Visa® Business Credit Card
The PNC points® Visa® Business Credit Card is an excellent alternative if you want to earn points rewards that can be redeemed as cash or for travel, hotel stays, merchandise, or gift cards from Target, Amazon, and Starbucks. Additionally, this card offers a 0% APR period for both balance transfers and purchases.
PNC points® Visa® Business Credit Card
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- No annual fee
- Unlimited 5 points per dollar on all eligible purchases
- Online account management tools allow you to manage your business credit card activity
Pros
- No annual fee
- Low ongoing APR
- Ongoing rewards
Cons
- Short 0% APR period
- Rewards do expire
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- All benefits of a Visa® card: This card comes with all the benefits of a Visa® credit card, including worldwide acceptance and fraud protection.
Intro APR
0% on balance transfers and purchases for the first nine billing cycles after opening an account
Regular APR
13.24% to 22.24% variable
Annual Fee
$0
Credit Needed
Good to Excellent
- No annual fee
- Unlimited 5 points per dollar on all eligible purchases
- Online account management tools allow you to manage your business credit card activity
Pros
- No annual fee
- Low ongoing APR
- Ongoing rewards
Cons
- Short 0% APR period
- Rewards do expire
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- All benefits of a Visa® card: This card comes with all the benefits of a Visa® credit card, including worldwide acceptance and fraud protection.
Capital One® Spark® Miles Select for Business
The Capital One® Spark® Miles Select for Business is another travel rewards credit card with no annual fee and no foreign transaction fees. It offers 1.5 miles on all business-related purchases, regardless of spending categories. This is a good option for business owners who want to earn more rewards on purchases.
Capital One® Spark® Miles Select for Business
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:
Travel rewards and annual spending less than $19,000
Intro APR
0% on purchases
Regular APR
15.49% - 25.49% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Intro APR
0% on purchases
Regular APR
15.49% - 25.49% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Bank of America® Business Advantage Travel Rewards World Mastercard®
The Bank of America® Business Advantage Travel Rewards World Mastercard® is a good option if you can spend at least $3,000 within three months after opening an account. It offers 30,000 bonus points that can be redeemed for a $300 statement credit towards travel purchases. In addition, there are no annual or international transaction fees.
Bank of America® Business Advantage Travel Rewards World Mastercard® credit 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:
Earning top rewards on travel purchases booked through Bank of America
Intro APR
0% for 9 billing cycles
Regular APR
14.49% to 24.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening, which can be redeemed for a $300 statement credit toward travel purchases.
- Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time―no matter how much you spend. Points don't expire.
- Earn 3 points per every dollar spent on travel purchases like car, hotel, and airline booked through the Bank of America® Travel Center.
- No annual fee and no international transaction fees.
- 0% Introductory APR on purchases for your first nine billing cycles.
- Redeem points for travel with no blackout dates, cash back or gift cards.
- Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: The Bank of America Business Advantage Travel Rewards World Mastercard® offers 0% APR for the first nine billing cycles from opening an account—this is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory 0% APR only applies to purchases—if you need to transfer a balance from another credit card, you’ll need to pay an APR ranging from 12.24% to 22.24%.
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
Intro APR
0% for 9 billing cycles
Regular APR
14.49% to 24.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Earn 30,000 bonus points when you make at least $3,000 in net purchases within 90 days of your account opening, which can be redeemed for a $300 statement credit toward travel purchases.
- Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time―no matter how much you spend. Points don't expire.
- Earn 3 points per every dollar spent on travel purchases like car, hotel, and airline booked through the Bank of America® Travel Center.
- No annual fee and no international transaction fees.
- 0% Introductory APR on purchases for your first nine billing cycles.
- Redeem points for travel with no blackout dates, cash back or gift cards.
- Get 75% more points on the base earn of every purchase you make when you’re a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.
Pros
- No annual fee: By not having to pay an annual fee, you can reduce your overall credit card cost while earning unlimited rewards on your expenses.
- No blackout dates on travel: You can redeem your points for travel or travel credits through the Bank of America® Travel Center anytime, with no blackout dates.
- 3x points on travel: You can earn 3x points for every dollar spent when you book your travel (car, hotel, or airline) through the Bank of America® Travel Center.
- Welcome bonus points: If you can spend $3,000 in net purchases within 90 days of opening an account, you will earn 30,000 bonus points.
Cons
- Low ongoing rewards on nontravel: While you can earn high rewards points on travel, you can only earn 1.5x points on all other purchases.
- Short 0% APR introductory period: The Bank of America Business Advantage Travel Rewards World Mastercard® offers 0% APR for the first nine billing cycles from opening an account—this is a disadvantage if you need a longer 0% APR period.
- No 0% APR on balance transfers: The introductory 0% APR only applies to purchases—if you need to transfer a balance from another credit card, you’ll need to pay an APR ranging from 12.24% to 22.24%.
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
For other PNC business credit cards alternatives, check out our guide to the best PNC business credit cards.
Bottom Line
The PNC Travel Rewards Visa® Business Credit Card is best for frequent business travelers who want a credit card with no annual fee and low ongoing interest rates. However, this card offers meager rewards and it doesn’t have a 0% APR period for balance transfers and purchases. To find other options, visit our Credit Card Marketplace or check out our guide to the best small business credit cards.
