Best online business bank accounts
- American Express® Business Checking: Best customer support.
- Axos BankBasic Business Checking: Best for ATM withdrawals.
- Bluevine Business Checking: Best overall online business checking account.
- Brex Business Account: Best for startups with travel needs.
- Chase Business Complete Banking®: Best online account from a brick-and-mortar bank.
- First Internet Bank Business Money Market Savings: Best high-yield business money market account.
- Found Small Business Banking: Best for self-employed workers.
- Grasshopper Innovator Business Checking Account: Earning interest and cash back.
- Live Oak Bank Business Savings: Best high-yield business savings account.
- Mercury Business Bank Account: Best for high-growth startups.
- nbkc Business Account: Best for simple, low-fee online banking.
- North One Standard Business Checking: Best high-yield business checking account.
- Relay Business Checking: Best for running multiple businesses.
- Rho Business Checking: Best for linked savings account with Insured Cash Sweep coverage.
Best Business Bank Accounts to Open Online
Best for | NerdWallet rating▼ | Monthly fee▼ | APY▼ | Bonus▼ | Learn more |
---|---|---|---|---|---|
Best overall online business checking account Bluevine Business Checking Learn more at Bluevine, Deposits are FDIC Insured | 5.0/5 | $0 | 1.50% With $0 min. balance for APY | $300 Requirements to qualify | Learn more at Bluevine, Deposits are FDIC Insured |
Best customer support American Express® Business Checking Learn more at American Express National Bank, Member FDIC | 5.0/5 | $0 | 1.30% With $0 min. balance for APY | 30,000 points Requirements to qualify | Learn more at American Express National Bank, Member FDIC |
Running multiple businesses Relay Business Checking Learn more at Relay, Deposits are FDIC Insured | 4.8/5 | $0 | N/A | N/A | Learn more at Relay, Deposits are FDIC Insured |
Earning interest and cash back Grasshopper Innovator Business Checking Account Learn more at Grasshopper Bank, Member FDIC | 4.8/5 | $0 | 1.80% With $25,000 min. balance for APY | $300 Requirements to qualify | Learn more at Grasshopper Bank, Member FDIC |
Best online account from a brick-and-mortar bank Chase Business Complete Banking® Learn more at Chase, Member FDIC | 4.6/5 | $15.00 Waived with $2,000 minimum balance | N/A | $500 Requirements to qualify | Learn more at Chase, Member FDIC |
Self-employed workers Found Small Business Banking Learn more at Found, Deposits are FDIC Insured | 4.4/5 | $0 | N/A | $125 Requirements to qualify | Learn more at Found, Deposits are FDIC Insured |
Simple, low-fee online banking nbkc Business Account Learn more at nbkc bank, Member FDIC | 4.6/5 | $0 | N/A | N/A | Learn more at nbkc bank, Member FDIC |
High-growth startups Mercury Business Bank Account Learn more at Mercury, Deposits are FDIC Insured | 4.6/5 | $0 | N/A | $300 Requirements to qualify | Learn more at Mercury, Deposits are FDIC Insured |
High-yield business checking account North One Standard Business Checking Learn more at North One, Deposits are FDIC Insured | 4.7/5 | $0 | 2.50% With $0 min. balance for APY | N/A | Learn more at North One, Deposits are FDIC Insured |
High-yield business savings account Live Oak Bank Business Savings Learn more at Live Oak Bank, Member FDIC | 5.0/5 | $0 | 3.60% With $0.01 min. balance for APY | N/A | Learn more at Live Oak Bank, Member FDIC |
ATM withdrawals Axos Bank® Basic Business Checking Learn more at Axos Bank®, Member FDIC | 4.7/5 | $0 | N/A | $400 Requirements to qualify | Learn more at Axos Bank®, Member FDIC |
Startups with travel needs Brex Business Account Learn more at Brex, Deposits are FDIC Insured | 4.6/5 | $0 | N/A | N/A | Learn more at Brex, Deposits are FDIC Insured |
Linked savings account with Insured Cash Sweep coverage Rho Business Checking Learn more at Rho, Deposits are FDIC Insured | 4.3/5 | $0 | N/A | $500 Requirements to qualify | Learn more at Rho, Deposits are FDIC Insured |
High-yield business money market account First Internet Bank Business Money Market Savings Learn more at First Internet Bank, Member FDIC | 4.0/5 | $5.00 Waived with an average daily balance of $4,000 | 3.46% With $0 min. balance for APY | N/A | Learn more at First Internet Bank, Member FDIC |
Best for | NerdWallet rating▼ | Monthly fee▼ | APY▼ | Bonus▼ | Learn more |
---|---|---|---|---|---|
Best overall online business checking account Bluevine Business Checking Learn more at Bluevine, Deposits are FDIC Insured | 5.0/5 | $0 | 1.50% With $0 min. balance for APY | $300 Requirements to qualify | Learn more at Bluevine, Deposits are FDIC Insured |
Best customer support American Express® Business Checking Learn more at American Express National Bank, Member FDIC | 5.0/5 | $0 | 1.30% With $0 min. balance for APY | 30,000 points Requirements to qualify | Learn more at American Express National Bank, Member FDIC |
Running multiple businesses Relay Business Checking Learn more at Relay, Deposits are FDIC Insured | 4.8/5 | $0 | N/A | N/A | Learn more at Relay, Deposits are FDIC Insured |
Earning interest and cash back Grasshopper Innovator Business Checking Account Learn more at Grasshopper Bank, Member FDIC | 4.8/5 | $0 | 1.80% With $25,000 min. balance for APY | $300 Requirements to qualify | Learn more at Grasshopper Bank, Member FDIC |
Best online account from a brick-and-mortar bank Chase Business Complete Banking® Learn more at Chase, Member FDIC | 4.6/5 | $15.00 Waived with $2,000 minimum balance | N/A | $500 Requirements to qualify | Learn more at Chase, Member FDIC |
Self-employed workers Found Small Business Banking Learn more at Found, Deposits are FDIC Insured | 4.4/5 | $0 | N/A | $125 Requirements to qualify | Learn more at Found, Deposits are FDIC Insured |
Simple, low-fee online banking nbkc Business Account Learn more at nbkc bank, Member FDIC | 4.6/5 | $0 | N/A | N/A | Learn more at nbkc bank, Member FDIC |
High-growth startups Mercury Business Bank Account Learn more at Mercury, Deposits are FDIC Insured | 4.6/5 | $0 | N/A | $300 Requirements to qualify | Learn more at Mercury, Deposits are FDIC Insured |
High-yield business checking account North One Standard Business Checking Learn more at North One, Deposits are FDIC Insured | 4.7/5 | $0 | 2.50% With $0 min. balance for APY | N/A | Learn more at North One, Deposits are FDIC Insured |
High-yield business savings account Live Oak Bank Business Savings Learn more at Live Oak Bank, Member FDIC | 5.0/5 | $0 | 3.60% With $0.01 min. balance for APY | N/A | Learn more at Live Oak Bank, Member FDIC |
ATM withdrawals Axos Bank® Basic Business Checking Learn more at Axos Bank®, Member FDIC | 4.7/5 | $0 | N/A | $400 Requirements to qualify | Learn more at Axos Bank®, Member FDIC |
Startups with travel needs Brex Business Account Learn more at Brex, Deposits are FDIC Insured | 4.6/5 | $0 | N/A | N/A | Learn more at Brex, Deposits are FDIC Insured |
Linked savings account with Insured Cash Sweep coverage Rho Business Checking Learn more at Rho, Deposits are FDIC Insured | 4.3/5 | $0 | N/A | $500 Requirements to qualify | Learn more at Rho, Deposits are FDIC Insured |
High-yield business money market account First Internet Bank Business Money Market Savings Learn more at First Internet Bank, Member FDIC | 4.0/5 | $5.00 Waived with an average daily balance of $4,000 | 3.46% With $0 min. balance for APY | N/A | Learn more at First Internet Bank, Member FDIC |
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Our pick for
Best overall online business checking account
Bluevine Business Checking
With $0 min. balance for APY
Fees vary by location.
Requirements to qualify
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions; no overdraft fees.
- Earn 1.50% interest on account balances up to and including $250,000. Terms apply.
- Access up to $3 million in FDIC insurance with Insured Cash Sweep.
- No fees at MoneyPass ATMs.
- Account holders are assigned to a dedicated banker or customer support representative.
Cons
- No fee-free cash deposits.
- Fee for using out-of-network ATMs.
- Does not offer jointly-owned accounts.
Our pick for
Best customer support
American Express® Business Checking
With $0 min. balance for APY
No cash deposits.
Requirements to qualify
Pros
- No monthly fees or minimum opening deposit.
- No excess transaction fees and no charge for domestic incoming wires.
- Earn 1.30% APY on balances up to $500,000.
- 24/7 customer support.
- No fees on withdrawals at more than 70,000 MoneyPass and Allpoint ATMs in the U.S.
Cons
- Can’t deposit cash.
- No outgoing international wire transfers.
- Does not offer jointly owned accounts.
- Only one debit card per account.
Our pick for
Running multiple businesses
Relay Business Checking
Unlimited
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions; no overdraft fees.
- Cash deposits via compatible Allpoint ATMs.
- No foreign transaction fees when you use your Relay Visa® Debit abroad.
- Free incoming wires and low outgoing wire transfer fees.
- Up to 50 debit cards.
- Account holders are assigned to a dedicated banker or customer support representative.
- Direct integration with Shopify.
Cons
- Deposited checks are held for up to 6-7 business days.
- No bill pay feature in the free plan.
Our pick for
Earning interest and cash back
Grasshopper Innovator Business Checking Account
With $25,000 min. balance for APY
No cash deposits.
Requirements to qualify
Pros
- Unlimited 1% cash back on qualified debit card purchases.
- Earn up to 1.80% APY.
- No monthly fees, transaction fees or overdraft charges.
- Free, built-in bookkeeping and invoicing software.
- Free incoming domestic wires; low fees on other wire transfers.
Cons
- Can’t deposit cash.
- $100 minimum opening deposit.
- No weekend support.
Our pick for
Best online account from a brick-and-mortar bank
Chase Business Complete Banking®
Waived with $2,000 minimum balance
Up to $5,000 per month.
Requirements to qualify
Pros
- No minimum opening deposit.
- Unlimited fee-free electronic and debit card transactions.
- Integrated credit card processing.
- No overdraft fee unless account is overdrawn by more than $50; 24-hour grace period applies to overdrafts beyond that amount.
- 24/7 customer support.
- No fees at 16,000 Chase ATMs and access to around 4,700 branches.
- Supports Zelle for Business.
Cons
- $15 monthly fee.
- Monthly limit on fee-free cash deposits ($5,000) and physical transactions (20).
- Fee for using out-of-network ATMs.
Our pick for
Self-employed workers
Found Small Business Banking
$2 fee per deposit
Requirements to qualify
Pros
- No required monthly fee or minimum opening deposit.
- No excess transaction fees or overdraft fees; free incoming domestic wires.
- Free, built-in invoicing, bookkeeping and tax-planning features.
- Integrates with popular business and gig work apps, including Stripe, DoorDash, Uber, Etsy and PayPal.
- Account holders are assigned to a dedicated banker or customer support representative.
- Built-in payroll features for contractors.
Cons
- No weekend or after-hours phone support.
- Not available to partnerships or nonprofit organizations.
- No fee-free cash deposits.
Our pick for
Simple, low-fee online banking
nbkc Business Account
Unlimited
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions, no overdraft fees and free incoming domestic wires.
- Up to $12 in monthly refunds for ATM fees charged by other banks worldwide.
- Unlimited cash deposits via MoneyPass and Allpoint ATMs.
- Accept contactless payments via the NBKC app (iOS only). Fees apply.
- Unlimited debit cards.
Cons
- High fee ($45) for international wire transfers.
- Phone support only available during business hours.
- No third-party app integrations.
Our pick for
High-growth startups
Mercury Business Bank Account
No cash deposits.
Requirements to qualify
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions; no overdraft fees.
- Free domestic and international wire transfers.
- Advanced digital tools including API access to automate and customize your banking.
- Unlimited refunds on all domestic ATM fees.
Cons
- Can’t deposit cash.
- Mercury is not part of a fee-free ATM network.
Our pick for
High-yield business checking account
North One Standard Business Checking
With $0 min. balance for APY
NorthOne does not accept cash deposits
Pros
- No monthly fees or excess transaction fees.
- Same-day deposits from Amazon, Cash App, Square, Stripe and Venmo. Direct payments supported from a variety of other business platforms, including Etsy, Lyft, Shopify and Airbnb.
- Sub-accounts that you can use to save for specific goals.
- Direct integration with Shopify, Etsy and Amazon.
- Account holders are assigned to a dedicated banker or customer support representative.
Cons
- Low cash deposit limits ($1,500 per day, $5,000 per month). Service fee of up to $4.95 per deposit.
- No free ATM network, though North One will reimburse up to two ATM fees per month by request. ATM withdrawals limited to $2,000 per day.
- Can’t send or receive international wires.
- No weekend customer support.
- Not available to nonprofit organizations.
- No spend controls on employee debit cards.
Our pick for
High-yield business savings account
Live Oak Bank Business Savings
With $0.01 min. balance for APY
No cash deposits
Pros
- Industry-leading APY.
- Earn interest on balances of $0.01 and higher.
- No monthly fee or minimum deposit.
- Access up to $10 million in FDIC insurance with Insured Cash Sweep.
Cons
- No ATM or debit card access.
- No weekend customer support.
Our pick for
ATM withdrawals
Axos Bank® Basic Business Checking
Unlimited
Requirements to qualify
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions and free incoming wires.
- Automatic refunds of all ATM fees (domestic).
- Cash deposits via Allpoint ATMs.
- Welcome bonus for new customers (terms apply).
Cons
- $25 fee for insufficient funds/uncollected funds returned.
- No third-party app integrations.
- Relatively low mobile app ratings.
Our pick for
Startups with travel needs
Brex Business Account
Pros
- No monthly fee or minimum opening deposit.
- Unlimited fee-free transactions.
- Ability to put cash in a money market fund to earn yield.
- Includes rewards-earning Brex corporate credit card.
- Free domestic and international wire transfers.
Cons
- Can't deposit or withdraw cash.
- Only available to venture-backed startups and mid-market companies.
- Not available to sole proprietors or other unincorporated businesses.
Our pick for
Linked savings account with Insured Cash Sweep coverage
Rho Business Checking
Requirements to qualify
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions.
- Free domestic wires, same-day ACH transfers.
- No charge for international wires (third-party fees may apply).
Cons
- No cash deposits or ATM access.
- Not available to sole proprietors.
- Long hold time for deposited checks.
Our pick for
High-yield business money market account
First Internet Bank Business Money Market Savings
With $0 min. balance for APY
Waived with an average daily balance of $4,000
No cash deposits
Pros
- High APY.
- No minimum balance to earn interest.
- ATM card access (sole proprietors only).
Cons
- Monthly fee.
- Minimum opening deposit ($100).

- Called every institution’s customer service number. Since you can’t visit most online banks in person, being able to talk to someone over the phone is almost a must. I tested the phone tree speed and representative helpfulness.
- Compared maximum check deposit hold times. Online banking is meant to be more convenient for business owners. However, slow deposits are a common complaint with online-only business accounts.
- Found a list of what each institution requires to open an account. Ideally, opening an online account should be quick and easy. I started application flows to see which accounts delivered on that promise.
- Explored built-in software. Getting better tech is part of the trade-off online accounts offer, since users can't visit a local branch. I compared feature lists and reached out to financial institutions for product demos.