New PNC commercial card comming soon

[greywolf]

One of the businesses I work for is refinancing through PNC, and I got to talking with one of the Underwriters that were in the office today about the different corporate cards out there (Amex, Citi, US Bank, Chase, etc). He told me PNC was going to roll out a card program in late March for business's that charge $100k a year, but less than the normal $1m for a full blown PNC corporate card. He did not have all the information but he did give me some details:

 

Designed for business with revenue $1m-$5m

No financial documents required

Probably will not require a PG

Offer detailed reports, similar to the current corporate card

Some kind of 1% rewards program

 

Right now, PNC offers a revolving small business card, and a revolving or net corporate card, this card is going to be in between, so it might be something to look forward to. It will be called the "Business Options Card", and should be available in March. I have the direct number for the program's administration department as well.

[B_o_s6]

I went to pnc's website to check it out it is listed there with all of the other cards as coming soon!

[KYBOSH]

Designed for business with revenue $1m-$5m

 

Where do I sign up?!

 

[BRBiz]

If you dont spend $100,000 in a year it is a $500 fee!

[greywolf]

If you dont spend $100,000 in a year it is a $500 fee!

It stills beats the Amex fee, $100 a card per year.

[IneedzFunds]

Good looking out greywolf!!!

[800FICO1]

One of the businesses I work for is refinancing through PNC, and I got to talking with one of the Underwriters that were in the office today about the different corporate cards out there (Amex, Citi, US Bank, Chase, etc). He told me PNC was going to roll out a card program in late March for business's that charge $100k a year, but less than the normal $1m for a full blown PNC corporate card. He did not have all the information but he did give me some details:

 

Designed for business with revenue $1m-$5m

No financial documents required

Probably will not require a PG

Offer detailed reports, similar to the current corporate card

Some kind of 1% rewards program

 

Right now, PNC offers a revolving small business card, and a revolving or net corporate card, this card is going to be in between, so it might be something to look forward to. It will be called the "Business Options Card", and should be available in March. I have the direct number for the program's administration department as well.

 

Sounds like a recipe for another meltdown but we'll see when and if they roll it out.