Although business checking accounts often levy a monthly fee, NerdWallet’s research found many accounts that do not charge a monthly fee, nor do they have minimum balance requirements.
Below, we’ve listed some banks and credit unions with completely free business checking to get you started, or use our business checking account tool to find the best fit. The accounts listed do not charge a monthly maintenance fee; however, charges may be incurred for overdrafts, excess transactions, excess cash deposits and other incidents.
For advice on what to consider when choosing a business checking account, refer to our primer on business checking and our infographic on how business checking fees work. And to find the best checking account for you, use our business checking account search tool.
We are always on the lookout for great business checking accounts. Got a suggestion? Let us know in the comments below. Are you a credit union or bank that offers a free business checking account? Email us at checking@nerdwallet.com
Free Business Checking Accounts
NerdWallet especially recommends EverBank as an online option for business owners, not just for their great personal banking products, but also for their business accounts. EverBank’s Small Business Checking account requires just $1,500 to open, includes no monthly fees, and pays a high rate of interest. With a $5,000 balance, EverBank will even waive all ATM fees. Finally, a suite of online business banking products and services make it easy to manage your cash from wherever you are located – in fact, you can deposit funds straight from your office!
Available in Most States
American Airlines Federal Credit Union: Primary Business Checking
Bank of the Internet: Basic Business Checking
Navy Federal Credit Union: Business Checking
SmallBusinessBank.com: No Bull Checking
Zions Bank: Free Business Checking
Midwest
Central National Bank: Business Value
Fifth Third Bank: Regular Business Checking
Heartland Credit Union: Business Checking
Hutchinson Credit Union: Business eChecking
Spire Federal Credit Union: Classic Business Checking
Westbury Bank: Totally Free Small Business Checking
Westconsin Credit Union: Business Checking
New England
1st Mariner Bank: Business 50 Checking
Affinity Federal Credit Union: Free Business Checking
Affinity Federal Credit Union: Free Enhanced Business Checking
Digital Federal Credit Union: Business Checking
First Niagara : Free Business Checking
Fulton Bank : Free Small Business Checking
Liberty Bank: BreakFree Business Checking
Peoples United Bank: Business Advantage Checking
Washington Savings Bank: Free Business Checking
South
Arvest Bank: Free Small Business Checking
Capital Bank: Better Business Checking
Space Coast Credit Union: Free Business Checking
Southwest/Pacific Northwest
America First Credit Union: Free Business Checking
Bank of Utah: Free Business Checking
Boeing Employees Credit Union: Interest Checking
Boeing Employees Credit Union: Basic Checking
Columbia Credit Union: FreeB
First Savings Bank Northwest: FIRST Business Checking
Harborstone Credit Union: Free Business Checking
Willamette Community Bank: Small Business Checking
Pingback: Best Business Checking Accounts: NerdWallet’s Picks
Pingback: Best Business Checking Accounts: NerdWallet’s Picks
Pingback: As for the commercial income phase, with macroeconomic conditions being what they’re at home and abroad, it’s likely that the aircraft airline industry will remain depressed for the foreseeable future. Lastly, and probably most concerning, is
Pingback: How to Cut Costs at the Bank | PortalCFO