PNC Cash Rewards® Visa® 2024

PNC Cash Rewards® Visa® 2024: The PNC Visa® Business Credit Card* is a straightforward, no-frills option ideally suited for business owners who often carry balances on their cards. Cardmembers may qualify for a lower-than-average APR, effectively reducing interest expenses incurred on balances.Businesses with existing credit card debt can also leverage the card to consolidate debt and save money: It features a 0% introductory APR for the initial 13 billing cycles on balance transfers completed within the first 90 days of account opening, followed by a standard variable APR of 15.24% – 25.24% on both purchases and balance transfers. A balance transfer fee of either $5 or 3% of the transferred amount, whichever is greater, is applicable.While other business credit cards may offer rewards such as cash back or airline miles along with robust credit card benefits, the PNC Visa® Business Credit Card*’s lower APR renders it appealing for individuals unable to pay off their statement balance in full each month.

PNC Cash Rewards Visa Signature Business Credit Card Pros & Cons

Pros:

• Earn unlimited cash back rewards on business purchases.
• Benefit from travel perks and complimentary tools to aid in managing business spending.
• No annual fee.

Cons:

• Other cash back cards may provide higher rewards rates.
• The introductory APR does not apply to balance transfers.

click here – Blue Cash Preferred® Card from American Express 2024

Best Features PNC Cash Rewards® Visa® 2024

Here’s the rewritten version:

Beneficial rewards potential: With the PNC Cash Rewards® Visa® Credit Card, you can earn 4% cash back on gas, 3% cash back on dining, 2% cash back on groceries, and 1% cash back on all other purchases. These enhanced earning rates apply to the first $8,000 in combined bonus category purchases annually.

Zero percent introductory APR on balance transfers for 12 billing cycles: Cardholders receive a 12 billing cycle 0% introductory APR on balance transfers completed within 90 days of opening the account. Following this period, the APR on both purchases and balance transfers ranges from 18.74% to 29.74%. A balance transfer fee of 3% or $5, whichever is greater, applies to transfers made within 90 days of account opening. Subsequently, the balance transfer fee increases to 4% or $5, whichever is greater.

No annual fee: This card carries no annual fee.

Drawbacks: Absence of APR promotion on new purchases: Although the card provides a 12 billing cycle 0% introductory APR exclusively for balance transfers, the standard APR for purchases ranges from 18.74% to 29.74%.

Maximizing Rewards:The PNC Cash Rewards® Visa® Credit Card offers rewards for everyday spending. Earn 4% cash back on gas, 3% cash back on dining, 2% cash back on groceries, and 1% cash back on all other purchases. These bonus earning rates apply to the first $8,000 in combined bonus category purchases annually.

Comparison With Other Cards

Annual Fee: The PNC Cash Rewards® Visa® Credit Card and the Citi Double Cash® Card both have $0 annual fees.

Rewards: With the PNC Cash Rewards® Visa® Credit Card, earn 4% cash back on gas, 3% cash back on dining, 2% cash back on groceries, and 1% cash back on all other purchases, applicable to the first $8,000 in combined bonus category purchases each year. Meanwhile, the Citi Double Cash® Card provides 1% cash back on all purchases and an additional 1% when you make payments, with no spending caps.

Sign-up Bonus: PNC Cash Rewards Visa Credit Card holders can earn a $100 bonus after spending $1,000 or more in purchases during the first three billing cycles after opening an account. On the other hand, with the Citi Double Cash® Card, you can earn $200 cash back after spending $1,500 on purchases in the first 6 months of account opening.

This bonus offer will be fulfilled as 20,000 ThankYou® Points, redeemable for $200 cash back with the Citi Double Cash® Card provided your account is current.

Benefits: The PNC Cash Rewards® Visa® Credit Card offers benefits such as zero-dollar fraud liability coverage. With the Citi Double Cash® Card, you automatically receive membership in Citi Entertainment and Citi Identity Theft Solutions.

Other PNC Visa Business Credit Card Benefits

Aside from its favorable APR and introductory APR offer for balance transfers, the PNC Visa® Business Credit Card* offers a few additional benefits:

• Cash Flow Insight: Cardholders can take advantage of Cash Flow Insight, a tool for spend analysis that automatically categorizes card transactions, facilitating monitoring of business spending and budgeting.
• Extended Warranty Protection: When purchasing items with warranties lasting up to three years, the card’s extended warranty protection doubles the original warranty duration, extending coverage for up to one full year.
• Purchase Security: In the event of purchased items breaking, being damaged, or stolen within 90 days of purchase, the card provides purchase security protection, covering replacement, repair, or reimbursement costs.

click here –Citi Custom Cash Credit Card 2024

Is the PNC Visa Business Credit Card for You?

For small business owners carrying existing credit card debt or expecting to maintain a balance, the PNC Visa® Business Credit Card* presents a practical option. This straightforward card enables balance transfers, granting a 13-billing-cycle window for interest-free payments on transferred amounts. Additionally, its below-average ongoing APR helps mitigate interest accumulation on new purchases.

However, if you typically clear your balance monthly and seek rewards such as airline miles or points, a rewards-oriented business credit card may be more suitable. Especially for frequent travelers, business cards featuring benefits like trip cancellation/interruption insurance, auto rental coverage, and no foreign transaction fees would offer greater appeal.

FAQ PNC Cash Rewards® Visa® 2024