Holdings vs PNC Bank
PNC gives you a business checking account. Holdings gives you 62 free tools, free banking + invoicing, and accounting ($25/mo) that auto-connects it all.
Feature comparison
See how Holdings stacks up against PNC
| What you get | Holdings | PNC |
|---|---|---|
| 62 Free Tools | ✅ Included | ❌ Not included |
| Built-in Accounting | ✅ $25/mo | ❌ No (charges for QuickBooks sync) |
| Auto-Categorization | ✅ Yes | ❌ No |
| Invoice Generator | ✅ $25/mo | ❌ Not included |
| Tax Tools | ✅ $25/mo | ❌ Not included |
| Monthly Fee | $0 | $7–27/mo |
| APY (Checking) | 1.75% | 0% |
| FDIC Insurance | Up to $3M | $250K standard |
| Free Transactions | Unlimited | 150/month (then $0.50/each) |
| Domestic Wire | Free | $30 outgoing; $15 incoming |
| Physical Debit Cards | ✅ $25/mo | Free |
| Virtual Cards | ✅ $25/mo | Not standard |
Why choose Holdings over PNC
Stop juggling 5 apps — tools, accounting, and banking in one place
PNC gives you a checking account and charges extra for everything else. Holdings gives you 62 free tools, free banking + invoicing, and accounting ($25/mo) in one place. No more $0.50/transaction overages or QuickBooks sync fees.
Your invoices auto-update your books
Create invoices, track payments, and auto-categorize every transaction — all connected. PNC charges you just to sync with QuickBooks. Holdings adds full accounting for $25/mo — and your invoices are already in your books, nothing to reconcile.
Tax time takes 10 minutes, not 10 hours
Auto-categorization, real-time P&L, and tax-ready reports are built in. Plus 1.75% APY vs PNC's 0%.
Replace $100+/mo in software with a free platform
PNC charges $7–27/mo for checking + QuickBooks sync fees + $30–80/mo for accounting software + $0.50/transaction overages. Holdings: $0 banking + invoicing, $25/mo for full accounting.
Get the Platform Switch Checklist
Thinking about switching? This step-by-step checklist covers everything: migrating accounts, setting up your tools, and getting your books connected automatically.
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When PNC might be the better choice
PNC may be a better fit if you need Branches in 28 states, $400 welcome bonus, or Dedicated Nonprofit Checking product.
Frequently asked questions
I already have a bank — why do I need Holdings?
Holdings isn't just banking — it's a financial platform. You get 62 free tools, built-in accounting, invoice generators, tax tools, and a connected business account. It replaces your accounting software, your spreadsheets, and your bank — banking + invoicing from $0/mo, full accounting $25/mo.
Can I use Holdings tools without banking?
Yes. All 62 free tools are free to use regardless of whether you open a Holdings account. The banking is optional — the tools and accounting work on their own.
Can I switch from PNC to Holdings?
Yes. Open a Holdings account and transfer funds via ACH. PNC's $400 welcome bonus has a clawback period — check the terms before closing your PNC account.
Which has lower fees — Holdings or PNC?
Holdings. PNC charges $0.50/transaction after 150, $30/outgoing wire, $36 overdraft fee, and a QuickBooks sync fee. Holdings is $0 across the board — 62 free tools, free banking + invoicing, and accounting from $25/mo.
What is PNC Purchase Payback?
PNC offers cash back at select merchants when you use your PNC business debit card. Rewards are modest and merchant-dependent. Holdings gives you 62 free tools instead — which saves far more than occasional cash back.
Ready to run your business from one place?
62 free tools. Free banking. Free invoicing. Accounting from $25/mo.
1.75% APY† • Zero fees^ • FDIC insured to $3M*