Does USAA Offer Business Checking?

Pros

• Unlimited fee-free transactions; no overdraft fees.
• Earn 1.50% APY on balances up to $100,000 and 0.10% on all balances after that.
• Fee-free ATM access with automatic refund of third-party ATM fees (worldwide).
• Cash deposits via MoneyPass and SUM ATMs.
• Earn unlimited 1% cash back on debit card purchases.

Cons

• $10 monthly fee.
• $100 minimum opening deposit requirement.
• Minimum $500 balance required to earn cash-back rewards and waive monthly fee.
• Limits of $10,000 on both incoming and outgoing ACH transfers.

Pros

• No minimum opening deposit.
• Unlimited fee-free electronic 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.

Cons

• $15 monthly fee.
• Monthly limit on fee-free cash deposits ($5,000) and physical transactions (20).
• Fee for using out-of-network ATMs.
• Limit of $5,000 per month in free cash deposits.

Pros

• No monthly fees.
• Unlimited fee-free electronic transactions and free incoming wires.
• No dollar limit on cash deposits (other limits may apply).
• 24/7 customer service.

Cons

• High opening deposit (up to $255).
• $29 fee for overdrafts, insufficient funds.
• Eligibility limited to veterans, military members, Department of Defense employees and their families.

Pros

• Fee-free electronic transactions.
• High cash deposit limits.
• Business accounts can be opened entirely online.

Cons

• No free business checking account option.
• $100 minimum opening deposit.
• Fee for using out-of-network ATMs.

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 ATMs.
• Accept contactless payments via the NBKC app (iOS only). Fees apply.

Cons

• High fee ($45) for international wire transfers.
• Phone support only available during business hours.
• No third-party app integrations.

Pros

• No monthly fees or minimum opening deposit.
• Unlimited fee-free transactions; no overdraft fees.
• Earn 2.00% 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 37,000 MoneyPass ATMs.
• Free incoming wires and low outgoing wire transfer fees.
• Sub-accounts help users set funds aside for specific purposes.

Cons

• No fee-free cash deposits. Cash deposits at Green Dot locations are capped at $2,000 per day and a service fee of up to $4.95 per deposit applies. At Allpoint ATMs that accept cash, deposits are capped at $5,500 per day and a fee of $1 plus 0.5% of the deposit amount applies.
• Fee for using out-of-network ATMs.
• No joint accounts or employee debit cards.

Pros

• No monthly fees or minimum opening deposit.
• No excess transaction fees or overdraft fees. No charge for incoming wires.
• Earn 1.30% APY on balances up to $500,000.
• 24/7 customer support.
• No fees at more than 70,000 MoneyPass and Allpoint ATMs in the U.S.

Cons

• Can’t deposit cash.
• No outgoing international wire transfers.

Pros

• No monthly service fee for Business Checking 100 account.
• No overdraft fee unless account is overdrawn by more than $50; 24-hour grace period applies to overdrafts beyond that amount.
• Welcome bonus for new customers (terms apply).
• No fees at 1,600 Huntington ATMs and access to 1,000 branches.

Cons

• Fee for using out-of-network ATMs.
• Accounts only available in 11 states.
• Limit of $2,500 in free cash deposits per month.

Pros

• No monthly fees or minimum opening deposit.
• Unlimited fee-free transactions, no overdraft fees and free incoming domestic wires.
• Free, built-in invoicing, bookkeeping and tax-planning features.
• Integrates with popular business apps, including Stripe, Etsy and PayPal.

Cons

• Phone support only available during business hours.
• Have to open account in your name, not business name, and use your SSN to apply. (Business EIN can be added later.)
• No outgoing wires. Can’t pay by check.
• Cash deposits limited to $2,000 per week; $4,000 per month. A $2 service fee applies.
• No bill pay feature.

Pros

• Industry-leading APY.
• No minimum balance to earn interest.
• 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.