ED Magedson – Founder
PNC Bank PNC business banking ends with shocking fees. Various Nationwide
Thank you SO much PNC! After 25 years of service you they have advised me that they have killed their
free business checking and are now charging an unreasonable $12.00 fee and are demanding a huge deposit to maintain checking without this fee!!! I am heading down to their lousy bank Saturday and cancelling ALL my accounts and switching them to my local bank who still cares about its customers! I encourage anyone else affected to do the same - let the bank know by the loss of our dollars how much we hate them! Share this with all your friends and spread the word across the world if you think this is unreasonable!
So folks, this is what PNC thinks of you after 25 years of service:
Dear Valued Business Customer,
In August, your Free Business Checking accounts will change to our new Business Checking. Because you
are a valued customer, we want to help minimize any impact this change may have for your business. To
help, we have set up a special customer site with more information.
To avoid a monthly $12.00 fee you must:
1. Maintain an average monthly collected balance of $1,500 in your account.
2. Have a PNC Merchant Services® account.
3. Use a linked PNC Business credit card to make a minimum of $1,000 in eligible purchases each month.
This report was posted on Ripoff Report on 07/17/2014 06:39 PM and is a permanent record located here: http://www.ripoffreport.com/reports/pnc-bank/nationwide/pnc-bank-pnc-business-banking-ends-with-shocking-fees-various-nationwide-1162990. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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