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Find a Free Business Checking Account

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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 more information 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.

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

Online banks
Alabama Alaska Arizona Arkansas California Colorado
Connecticut Delaware Florida Georgia Hawaii Idaho
Illinois Indiana Iowa Kansas Kentucky Louisiana
Maine Maryland Massachusetts Michigan Minnesota Mississippi
Missouri Montana Nebraska Nevada New Hampshire New Jersey
New Mexico New York North Carolina North Dakota Ohio Oklahoma
Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee
Texas Utah Vermont Virginia Washington Washington, D.C.
West Virginia Wisconsin Wyoming

Online banks

BofI Federal Bank: Basic Business Checking

Everbank: Small Business Checking

SmallBusinessBank.com: No Bull Checking

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Nebraska

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Vermont

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Washington

Washington, D.C.

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Wyoming

We want to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and safe by following our posting guidelines, and avoid disclosing personal or sensitive information such as bank account or phone numbers. Any comments posted under NerdWallet's official account are not reviewed or endorsed by representatives of financial institutions affiliated with the reviewed products, unless explicitly stated otherwise.
  • Jocqueline Protho

    This is very helpful.

  • VK

    Does anybody have an account with smallbusinessbank.com? There seems to be all of 2 reviews on the internet and no other information about it. Any input is appreciated. Thanks.

    • Kent

      I’ve used smallbusinessbank.com for a little over a year now. I have an LLC and it was easy to get the account set up. Didn’t have to go to a branch which is good because they are only in Kansas City. The downside is they aren’t recognized when you setup a bank account in many accounting programs (I use xero.com). That means you have to download the transactions and upload them into your accounting program. That’s a hassle I wish wasn’t there. Other than that, I’ve never had a problem.

  • sjoe

    Yes, they seem like a good bank on paper but ultimately have not yet ironed out all of the kinks in their new venture yet. I would not recommend them at this point. Currently searching for a replacement bank!

    • dlee

      What problems did you encounter with them?

    • Dana

      PNC’s legit. We have branches here in Ohio. Ordinarily I wouldn’t go with a big-name bank but these guys let you apply online and the account’s free for now.

      • Laura R Gullett

        Yea PNC stole National City Bank and hurt Ohioans so I don’t like them.

    • Dana

      Er, scratch that. They let you *start* online but then you still have to go in and interact with them. What’s the fun in that? Geez. :(

      • SmallBusinessBank.com

        Dana,
        What issue did you have that you had to go in and interact with us? I am not sure you are talking about the right bank because we are only located in Kansas City and 100% of our small business customers deal with us online unless you are here in KC as well. I am sorry you had a bad experience. Please let us know if there is anything we can do. My name is David and i would be happy to assist you. I can be reached at 1-855-856-0233, ext.100. Thank you.

  • jacqueline rogers

    I’m in Chicago has anyone had any experience with Central National Bank – thank you

  • Sai

    WellFargo Bank….Refuses to open a Business Account …due to My BK 13. Mind you I have a clean record not even a parking ticket….Is this LEGAL.

    • Vsmith

      Believe me, we have Wells Fargo and we’re trying to get away. Not worth their BS.

  • Retep

    You should at least mention that Everbank and Capital One 360 are paying you when someone signs up through the links you have up there. Everbank actually has some pretty bad reviews. Still looking.

    • http://www.narrowbridge.net Eric

      At the bottom of the page: Please note that NerdWallet has financial relationships with some of the merchants mentioned here. NerdWallet may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.

  • Cyn

    I wanted an online bank, and unfortunately, none of these were a good fit. I have an LLC, so Everbank was out…BofI sent me to voicemail when I called during business hours, which doesn’t make me feel secure with the bank that has my money….SmallBusinessBank.com has crazy fees for outgoing wire transfers. $20 for domestic, $50 for international. International incoming is $37.50??!! Not worth it.

    I may just have to go back to BOA, PNC, or Chase smh

    • NWjohn

      Sorry to hear that! We’ll keep our eyes out for other options. Let us know if you find a better option we haven’t listed!

    • Constance Quigley

      I use Everbank for my LLC. Not sure why you wouldn’t be able to do the same?

  • Alex

    First Citizens Bank has free accounts I’ve seen it in different states. Bigger Banks forget about their clients/Customer Service because of their Brand. I’ll stick to a solid -relationship based Bank such as First Citizens Bank.