Best online business bank accounts
- American Express® Business Checking: Best for 24/7 customer support.
- Axos Business Premium Savings Account: Best high-yield business savings account.
- Bluevine Business Checking: Best overall online business checking account.
- Chase Business Complete Banking®: Best online account from a brick-and-mortar bank.
- Found Small Business Banking: Best for tax planning tools.
- Grasshopper Innovator Business Checking Account: Best for cash back on debit card purchases.
- LendingClub Tailored Checking: Best for ATM access.
- Live Oak Bank Business Essential Checking: Best for starting a relationship with an SBA lender.
- Mercury Business Bank Account: Best for free wire transfers.
- nbkc Business Account: Best for accepting in-person payments.
- North One Standard Business Checking: Best for high APY.
- Novo Business Checking: Best for built-in invoicing.
- Relay Business Checking: Best for multiple accounts.
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 | $0 | 1.50% With $0 min. balance for APY | $300 Requirements to qualify | Learn more at Bluevine, Deposits are FDIC Insured | |
24/7 customer support American Express® Business Checking Learn more at American Express National Bank, Member FDIC | $0 | 1.30% With $0 min. balance for APY | N/A | Learn more at American Express National Bank, Member FDIC | |
Multiple accounts Relay Business Checking Learn more at Relay, Deposits are FDIC Insured | $0 | N/A | N/A | Learn more at Relay, Deposits are FDIC Insured | |
Cash back on debit card purchases Grasshopper Innovator Business Checking Account Learn more at Grasshopper Bank, Member FDIC | $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 | $15.00 Waived with $2,000 minimum balance | N/A | $500 Requirements to qualify | Learn more at Chase, Member FDIC | |
Accepting in-person payments nbkc Business Account Learn more at nbkc bank, Member FDIC | $0 | N/A | N/A | Learn more at nbkc bank, Member FDIC | |
Tax-planning tools Found Small Business Banking Learn more at Found, Deposits are FDIC Insured | $0 | N/A | $125 Requirements to qualify | Learn more at Found, Deposits are FDIC Insured | |
High-yield business savings account Business Premium Savings Account Learn more at Axos Bank®, Member FDIC | $0 | 4.01% With $0.01 min. balance for APY | $375 Requirements to qualify | Learn more at Axos Bank®, Member FDIC | |
Free wire transfers Mercury Business Bank Account Learn more at Mercury, Deposits are FDIC Insured | $0 | N/A | N/A | Learn more at Mercury, Deposits are FDIC Insured | |
Built-in invoicing Novo Business Checking Learn more at Novo, Deposits are FDIC Insured | $0 | N/A | $300 Requirements to qualify | Learn more at Novo, Deposits are FDIC Insured | |
High APY North One Standard Business Checking Learn more at North One, Deposits are FDIC Insured | $0 | 2.50% With $0 min. balance for APY | $20 Requirements to qualify | Learn more at North One, Deposits are FDIC Insured | |
Starting a relationship with an SBA lender Live Oak Bank Business Essential Checking Learn more at Live Oak Bank, Member FDIC | $10.00 | N/A | N/A | Learn more at Live Oak Bank, Member FDIC | |
ATM access LendingClub Tailored Checking | $10.00 Waived with $500 minimum balance | 1.00% With $0 min. balance for APY | N/A | ||
| 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 | $0 | 1.50% With $0 min. balance for APY | $300 Requirements to qualify | Learn more at Bluevine, Deposits are FDIC Insured | |
24/7 customer support American Express® Business Checking Learn more at American Express National Bank, Member FDIC | $0 | 1.30% With $0 min. balance for APY | N/A | Learn more at American Express National Bank, Member FDIC | |
Multiple accounts Relay Business Checking Learn more at Relay, Deposits are FDIC Insured | $0 | N/A | N/A | Learn more at Relay, Deposits are FDIC Insured | |
Cash back on debit card purchases Grasshopper Innovator Business Checking Account Learn more at Grasshopper Bank, Member FDIC | $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 | $15.00 Waived with $2,000 minimum balance | N/A | $500 Requirements to qualify | Learn more at Chase, Member FDIC | |
Accepting in-person payments nbkc Business Account Learn more at nbkc bank, Member FDIC | $0 | N/A | N/A | Learn more at nbkc bank, Member FDIC | |
Tax-planning tools Found Small Business Banking Learn more at Found, Deposits are FDIC Insured | $0 | N/A | $125 Requirements to qualify | Learn more at Found, Deposits are FDIC Insured | |
High-yield business savings account Business Premium Savings Account Learn more at Axos Bank®, Member FDIC | $0 | 4.01% With $0.01 min. balance for APY | $375 Requirements to qualify | Learn more at Axos Bank®, Member FDIC | |
Free wire transfers Mercury Business Bank Account Learn more at Mercury, Deposits are FDIC Insured | $0 | N/A | N/A | Learn more at Mercury, Deposits are FDIC Insured | |
Built-in invoicing Novo Business Checking Learn more at Novo, Deposits are FDIC Insured | $0 | N/A | $300 Requirements to qualify | Learn more at Novo, Deposits are FDIC Insured | |
High APY North One Standard Business Checking Learn more at North One, Deposits are FDIC Insured | $0 | 2.50% With $0 min. balance for APY | $20 Requirements to qualify | Learn more at North One, Deposits are FDIC Insured | |
Starting a relationship with an SBA lender Live Oak Bank Business Essential Checking Learn more at Live Oak Bank, Member FDIC | $10.00 | N/A | N/A | Learn more at Live Oak Bank, Member FDIC | |
ATM access LendingClub Tailored Checking | $10.00 Waived with $500 minimum balance | 1.00% With $0 min. balance for APY | N/A |
I'M INTERESTED IN:
Our pick for
Best overall online business checking account
Bluevine Business Checking
Your rating
Your rating
at Bluevine, Deposits are FDIC Insured
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
24/7 customer support
American Express® Business Checking
Your rating
Your rating
at American Express National Bank, Member FDIC
With $0 min. balance for APY
No cash deposits.
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
Multiple accounts
Relay Business Checking
Your rating
Your rating
at Relay, Deposits are FDIC Insured
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.