10 Best Business Checking Accounts

The BlueVine Business Checking account has no monthly fees, no minimum opening deposit and no minimum balance requirements. This online business checking account includes unlimited fee-free transactions, plus it allows you to earn 0.60% interest on your account balance up to $100,000.

In addition, BlueVine Business Checking offers free ATM access through the MoneyPass network — with the ability to deposit cash (up to $7,500 per month with a $4.95 fee per deposit) at Green Dot locations across the U.S.

The Novo business checking account has no monthly fees, no minimum balance requirements, no ACH transfer fees and no incoming wire fees. This online business checking account also includes unlimited fee-free transactions and refunds on all ATM fees worldwide.

In addition, Novo offers unlimited invoicing and bill pay, as well as integrations with top business tools like QuickBooks, Xero, Stripe and Shopify.

Chase Business Complete Checking is a digital-friendly small business bank account that includes access to 16,000 Chase ATMs and 4,700 branches across the U.S. This account has no minimum opening deposit, includes unlimited electronic deposits and offers the opportunity to earn a $300 sign-up bonus.

In addition, Chase Business Complete Checking gives you the ability to deposit up to $5,000 in cash per month for free, make 20 physical fee-free transactions per month and use Chase QuickAccept℠ to accept credit card payments with the Chase mobile app (associated processing fees apply).

That said, this Chase business checking account does have a monthly maintenance fee, $15, but there are multiple ways to waive it, including maintaining a daily minimum balance of $2,000.

Relay is a free online banking platform designed to help small businesses streamline financial management. With Relay, you have access to up to 20 checking accounts (10 for sole proprietorships) and up to 50 business debit cards — with no monthly fees.

Relay also includes unlimited fee-free transactions, the ability to withdraw cash fee-free at over 32,000 Allpoint ATMs and 24/7 customer support. Relay does not, however, currently offer the ability to deposit cash at ATMs.

This online platform doesn’t charge overdraft fees, includes free incoming wires and allows you to invite team members to your account. You can also connect direct bank feeds to QuickBooks Online and Xero, as well as integrate with Expensify, Gusto, Plaid and Wise.

Mercury is an online banking platform that’s great for startups, offering a variety of digital tools and read-write application programming interface access that allows you to customize your business banking.

Mercury includes a free business checking account, a free business savings account and has no transaction fees, no overdraft fees and no incoming wire fees. In addition, Mercury provides access to over 55,000 fee-free ATMs through the Allpoint network.

Moreover, Mercury’s digital tools allow you to manage and track your expenses, send and receive online payments, create virtual debit cards and add and manage team members to your account. You also have the ability to integrate with third-party business tools.

LendingClub Tailored Checking is an interest-earning small business checking account that allows you to earn 0.10% APY as long as you maintain an account balance of $5,000 or more. This account requires a $100 minimum opening deposit and has a $10 monthly maintenance fee, which can be waived with a minimum balance of $5,000.

LendingClub business checking offers unlimited transactions, fee-free ATM access (with the ability to deposit cash) and unlimited reimbursements for ATM fees charged by other banks.

This online business checking account also gives you the opportunity to earn an unlimited 1% cash back on debit card purchases, provided you maintain an average monthly balance of $5,000 or more.

NBKC’s Business Account is a free business checking account with no monthly fees, no minimum balance requirement and no opening deposit requirement. This account includes unlimited transactions, fee-free ATM access through the MoneyPass network (with the ability to deposit cash) and up to $12 in monthly refunds for ATM fees charged by other banks worldwide.

Additionally, there are no incoming domestic wire fees, overdraft, stop payment, or other similar incidental fees with the NBKC business checking account. You’ll only face fees for outgoing domestic wires ($5) and incoming and outgoing international wires ($45).

Bank of America offers two business checking accounts — Business Advantage Fundamentals and Business Advantage Relationship — both of which include online and mobile banking, fee-free access to Bank of America ATMs and bill pay.

Both of these business bank accounts also include unlimited fee-free transactions for ACH transfers, debit card transactions, electronic debits and checks deposited through Remote Deposit Online.

For other types of transactions (i.e. checks paid, deposited items), the Advantage Fundamentals account includes 200 free transactions per month and the Advantage Relationship account includes 500 free transactions per month.

That said, Bank of America does charge monthly fees for both of their business checking accounts — $16 for Advantage Fundamentals and $29.95 for Advantage Relationship — there are, however, multiple ways to waive them.

Wells Fargo offers three core business checking accounts: Initiate, Navigate and Optimize. The Initiate Business Checking account has a $10 monthly fee that can be waived with a minimum daily balance of only $500. This account includes 100 fee-free transactions and $5,000 in fee-free cash deposits per month — making it a great option for a wide variety of small businesses.

Wells Fargo business checking also provides access to over 13,000 fee-free ATMs, free online bill pay and mobile check deposit.

Kabbage Checking is a simple, affordable banking option for small-business owners. The online business checking account has no monthly fee, no minimum opening deposit requirement and no minimum balance requirement.

As of this writing, customers earn 1.10% APY on balances up to $100,000 and enjoy unlimited electronic transactions. Kabbage Checking also offers fee-free access to 19,000 Allpoint ATMs.