Best Business Checking Accounts of November 2025
We evaluated more than 50 business checking accounts to find the best options. Our top picks pair core services with minimal fees — and benefits like high APYs and 24/7 support.
≡ Show summary
Best overall online business checking account
APY
1.30%
With $0 min. balance for APY
Monthly fee
$0
Bonus
$500
Requirements to qualify
Learn more at Bluevine, Deposits are FDIC Insured
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions; no overdraft fees.
- Earn 1.30% 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.
- Bill pay tools and invoicing with built-in payment links.
Cons
- No fee-free cash deposits.
- Fee for using out-of-network ATMs.
- Does not offer jointly-owned accounts.
Best overall online business checking account
Bluevine Business Checking
Best for Online banking
Best for Online banking
APY
1.30%
With $0 min. balance for APY
Monthly fee
$0
Bonus
$500
Requirements to qualify
at Bluevine, Deposits are FDIC Insured
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free transactions; no overdraft fees.
- Earn 1.30% 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.
- Bill pay tools and invoicing with built-in payment links.
Cons
- No fee-free cash deposits.
- Fee for using out-of-network ATMs.
- Does not offer jointly-owned accounts.
APY
1.30%
With $0 min. balance for APY
Monthly fee
$0
Bonus
30,000 points
Requirements to qualify
at American Express National Bank, Member FDIC
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.
American Express® Business Checking
Best for 24/7 customer support
Best for 24/7 customer support
APY
1.30%
With $0 min. balance for APY
Monthly fee
$0
Bonus
30,000 points
Requirements to qualify
at American Express National Bank, Member FDIC
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.
Pros
- No required monthly fee or minimum balance requirement.
- Unlimited fee-free transactions; no overdraft fees.
- 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.
- Direct integration with Shopify.
Cons
- Deposited checks may be held for up to 6-7 business days.
- No bill pay feature in the free plan.
Relay Business Checking
Best for Expense management tools
Best for Expense management tools
APY
N/A
Monthly fee
$0
Bonus
N/A
at Relay, Deposits are FDIC Insured
Pros
- No required monthly fee or minimum balance requirement.
- Unlimited fee-free transactions; no overdraft fees.
- 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.
- Direct integration with Shopify.
Cons
- Deposited checks may be held for up to 6-7 business days.
- No bill pay feature in the free plan.
APY
N/A
Monthly fee
$0
Bonus
$400
Requirements to qualify
Best free account
at U.S. Bank, Member FDIC
Pros
- No monthly service fee.
- Welcome bonus for new customers (terms apply).
- Unlimited fee-free electronic and debit card transactions.
- Supports Zelle for Business.
- Account holders are assigned to a dedicated banker or customer support representative.
- Accept payments with free mobile card reader, no monthly software fee. Processing fees apply.
Cons
- $100 minimum opening deposit.
- Low limit on fee-free cash deposits.
- Fee for using out-of-network ATMs.
- High overdraft, wire transfer fees.
- $1 fee for outgoing domestic ACH transfers.
U.S. Bank Business Essentials
Best for Free account at a brick-and-mortar bank
Best for Free account at a brick-and-mortar bank
APY
N/A
Monthly fee
$0
Bonus
$400
Requirements to qualify Best free account
at U.S. Bank, Member FDIC
Pros
- No monthly service fee.
- Welcome bonus for new customers (terms apply).
- Unlimited fee-free electronic and debit card transactions.
- Supports Zelle for Business.
- Account holders are assigned to a dedicated banker or customer support representative.
- Accept payments with free mobile card reader, no monthly software fee. Processing fees apply.
Cons
- $100 minimum opening deposit.
- Low limit on fee-free cash deposits.
- Fee for using out-of-network ATMs.
- High overdraft, wire transfer fees.
- $1 fee for outgoing domestic ACH transfers.
APY
1.55%
With $25,000 min. balance for APY
Monthly fee
$0
Bonus
N/A
Cash back on debit
at Grasshopper Bank, Member FDIC
Pros
- Unlimited 1% cash back on qualified debit card purchases.
- Earn up to 1.55% 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.
Grasshopper Innovator Business Checking Account
Best for Cash back on debit card purchases
Best for Cash back on debit card purchases
APY
1.55%
With $25,000 min. balance for APY
Monthly fee
$0
Bonus
N/A
Cash back on debit
at Grasshopper Bank, Member FDIC
Pros
- Unlimited 1% cash back on qualified debit card purchases.
- Earn up to 1.55% 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.
APY
N/A
Monthly fee
$0
Bonus
$300
Requirements to qualify
at Mercury, Deposits are FDIC Insured
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free U.S. dollar transactions; no overdraft fees.
- Free domestic and international U.S. dollar 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.
Mercury Business Bank Account
Best for Free wire transfers
Best for Free wire transfers
APY
N/A
Monthly fee
$0
Bonus
$300
Requirements to qualify
at Mercury, Deposits are FDIC Insured
Pros
- No monthly fees or minimum opening deposit.
- Unlimited fee-free U.S. dollar transactions; no overdraft fees.
- Free domestic and international U.S. dollar 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.
APY
N/A
Monthly fee
$0
Bonus
$125
Requirements to qualify
at Found, Deposits are FDIC Insured
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.
Found Small Business Banking
Best for Self-employed business owners
Best for Self-employed business owners
APY
N/A
Monthly fee
$0
Bonus
$125
Requirements to qualify
at Found, Deposits are FDIC Insured
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.
APY
2.50%
With $0 min. balance for APY
Monthly fee
$0
Bonus
N/A
at North One, Deposits are FDIC Insured
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.
- Can’t send or receive international wires.
- No weekend customer support.
- Not available to nonprofit organizations.
- No spend controls on employee debit cards.
North One Standard Business Checking
Best for High APY
Best for High APY
APY
2.50%
With $0 min. balance for APY
Monthly fee
$0
Bonus
N/A
at North One, Deposits are FDIC Insured
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.
- Can’t send or receive international wires.
- No weekend customer support.
- Not available to nonprofit organizations.
- No spend controls on employee debit cards.
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.
nbkc Business Account
Best for Low-fee online banking
Best for Low-fee online banking
APY
N/A
Monthly fee
$0
Bonus
$250
Requirements to qualify
at nbkc bank, Member FDIC
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.
APY
N/A
Monthly fee
$16.00
$0 for the first 12 statement cycles.
Bonus
N/A
at Bank of America, N.A., Member FDIC
Pros
- No monthly fee for the first 12 statement cycles.
- Welcome offer for new accountholders.
- Loyalty perks via Preferred Rewards for Business program.
- Relatively low overdraft fees ($10 per item, limited to two per day)
Cons
- $100 minimum opening deposit.
- Fee for using out-of-network ATMs.
- $16 monthly fee after introductory period ends.
Bank of America® Business Advantage Fundamentals™ Banking
Best for Relationship banking
Best for Relationship banking
APY
N/A
Monthly fee
$16.00
$0 for the first 12 statement cycles.
Bonus
N/A
at Bank of America, N.A., Member FDIC
Pros
- No monthly fee for the first 12 statement cycles.
- Welcome offer for new accountholders.
- Loyalty perks via Preferred Rewards for Business program.
- Relatively low overdraft fees ($10 per item, limited to two per day)
Cons
- $100 minimum opening deposit.
- Fee for using out-of-network ATMs.
- $16 monthly fee after introductory period ends.
APY
N/A
Monthly fee
$15.00
Waived with $2,000 minimum balance
Bonus
$1,000
Requirements to qualify
at Capital One, Member FDIC
Pros
- Unlimited fee-free digital transactions, including mobile deposits, ACH transfers and some bill pay.
- Full suite of business services, including business credit cards and loans.
- No fees at nearly 80,000 ATMs, including the Capital One, MoneyPass and Allpoint networks.
- No fee on cash deposits at Capital One and select Allpoint ATMs.
Cons
- No free business checking account options.
- Potential for up to 4 overdraft fees per day.
Capital One Business Basic Checking®
Best for ATM access
Best for ATM access
APY
N/A
Monthly fee
$15.00
Waived with $2,000 minimum balance
Bonus
$1,000
Requirements to qualify
at Capital One, Member FDIC
Pros
- Unlimited fee-free digital transactions, including mobile deposits, ACH transfers and some bill pay.
- Full suite of business services, including business credit cards and loans.
- No fees at nearly 80,000 ATMs, including the Capital One, MoneyPass and Allpoint networks.
- No fee on cash deposits at Capital One and select Allpoint ATMs.
Cons
- No free business checking account options.
- Potential for up to 4 overdraft fees per day.
APY
N/A
Monthly fee
$15.00
Waived with $2,000 minimum balance
Bonus
$500
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 15,400 Chase ATMs and access to around 4,900 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.
Chase Business Complete Banking®
Best for Full-service banking
Best for Full-service banking
APY
N/A
Monthly fee
$15.00
Waived with $2,000 minimum balance
Bonus
$500
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 15,400 Chase ATMs and access to around 4,900 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.
Jump to
Other great business checking accounts
The following accounts are not available through NerdWallet. Our editorial team still recommends them if they fit your business's needs.
🏦 First Tech Federal Credit Union Business Dividend Checking
🏦 Navy Federal Credit Union Business Checking
How we choose the best business checking accounts
NerdWallet has a full-time team of small-business writers and editors. We review and rate business checking accounts using more than 25 pieces of data. These include:
- Monthly fees.
- Fees for other services, like wire transfers and cash deposits.
- Customer service.
- Software features.
- Benefits, like interest on your balances and sign-up bonuses.
Accounts generally need to earn at least 4.4 stars to make our list. But if an account offers a unique feature that makes it exceptional compared to the competition, we might include it.
Here’s our full business bank accounts rating methodology
⭐ What our star ratings mean
Which business checking accounts did we consider?
There are 4,000+ FDIC-insured banks in the U.S. On top of that, lots of financial technology companies offer business banking tools. We can’t review them all.
Instead, our writers and editors focus on business accounts available to the largest number of business owners. We’ve rated more than 50 business checking accounts in 2025. The list includes:
- The largest banks in the U.S. by assets, according to the Federal Reserve.
- The largest credit unions by membership, according to the National Credit Union Administration.
- Online banks and fintech companies with growing market share or notable features.
≡ Full list of business checking accounts
How we handle banks with multiple account options
What about local banks?
We typically don't review local banks because of their limited availability. But it’s an important option to consider.
A local bank or credit union can be a great choice if you value a face-to-face relationship with your banker. That personal connection can be especially useful when it’s time to apply for a business loan
On the flip side, smaller institutions tend to have clunkier software tools. If you want features like built-in invoicing or a cash flow dashboard, national and online banks are probably better options.
🤓
Some accounts on our list come from financial technology companies or " Nerdy Tip
How we keep our picks up to date
NerdWallet’s small-business writers and editors continually:
- Update our methodology. The business banking industry is always changing. Every year, we tweak our methodology based on which factors we believe are getting more or less important to business owners.
- Review information for all accounts. Core checking account features don't change often. We do a full audit every year anyway. We pay closer attention to updated APYs and welcome offers. Our dedicated data quality and compliance team helps with this.
- Survey banks. We ask for information that matters to business owners, but may not be publicly available. For instance, our most recent questionnaire collected details on after-hours support and average call wait times.
- Keep an eye on user sentiment. We lurk on Reddit and other social channels to see what people say about their business checking accounts. Our team collects reader feedback in a centralized doc to spot trends. We also frequently interview business owners.
- Roll up our sleeves. We can't open and use every account. But we still call help lines, talk to banking experts and watch product demos. We also track industry news and trends to help keep readers informed.
What is a business checking account?
A business checking account is a home for your company’s cash.
In general, business checking accounts work just like personal checking accounts. When you make sales, money comes into the account. When you pay bills, money leaves the account. You’ll get a debit card and account and routing numbers, which you can use to send and receive funds.
Beyond that, a business checking account is the gateway to a relationship with a business bank. At some institutions, that means accounts payable and receivable tools to manage your cash flow. At others, it means getting to know a banker who may be able to help you get a loan in the future.
» FROM OUR NEWSLETTER: What your business bank can (and should) do for you
Do you need a business checking account?
Anyone who owns a business should have a business checking account. That includes sole proprietors and freelancers.
Why? It helps keep your business and personal finances separate. That can help shield your personal assets if your company is sued (especially important for LLCs). It may also make it easier to file taxes and find the financial statements you'll need to apply for loans.
Select your business type to see a more specific list of our top accounts:
How to find the right account for your business
As you compare your top choices, pay close attention to the following:
1. Monthly fees
2. Access to cash and checks
3. Interest, cash back and sign-up bonuses
4. Built-in tools and software integrations
5. ATM fees
6. Overdraft policies and fees
7. Wire transfer and ACH fees
8. Transaction and deposit limits
View transaction, ATM and wire fees for our top business checking accounts
Notes from NerdWallet partners
Frequently Asked Questions
A business checking account is a secure place to store your company's cash. You can access the money in your business checking account immediately by withdrawing cash, using a debit card, writing checks or sending ACH or wire transfers.
Technically, if your bank allows it, you can use a personal bank account for business purposes. But opening a business bank account
If your credit union offers business checking accounts, then it can be a great option. Credit union business accounts typically have low or no monthly fees and higher cash deposit limits than big brick-and-mortar banks, making them a good choice for restaurants and other businesses that deal mostly in cash. Some credit unions are also community development financial institutions, which focus on lending to businesses in low-income and underserved communities — so you may be able to work with yours to get a business loan in the future. See our picks for best credit union business accounts
To open a business checking account, you'll need to provide personal information, such as a government-issued ID and Social Security number, and details like your address and phone number. You'll also need legal business documentation, like your articles of organization or incorporation, and information like your business address and employer identification number (EIN). Here's a list of what you need to open a business bank account
You don't need an EIN to open a business bank account if you operate a sole proprietorship or single-member LLC. Businesses organized as a partnership, multimember LLC or corporation, however, do need an EIN to open a business checking account. Here are some business accounts available to businesses without EINs
You may get denied for a business bank account if you have negative marks on your ChexSystems report. A ChexSystems report lists occurrences like bounced checks, overdraft fees and forced closed accounts. Banks generally do not check your credit, however, and it's unlikely you'll be denied for a business bank account based on your credit history. Here's how you can open a business bank account despite a negative ChexSystems history
Business checking accounts are typically insured by the FDIC up to the standard $250,000 per depositor, per institution. That means, if the bank holding your funds fails, the Federal Deposit Insurance Corp. would cover up to $250,000 in lost cash. Credit unions are similarly insured through the National Credit Union Administration (NCUA). Some accounts may offer greater protection via Insured Cash Sweep programs
Methodology
NerdWallet evaluates more than 50 business bank accounts from national, regional and online banks. Collectively, these accounts represent the largest banks by assets and the largest credit unions by membership, along with notable and emerging fintech companies and online banks.
We consider more than 20 data points for each account, including services, fees, features and rewards. We gather this information from rates and fees documents, deposit account agreements, financial institution websites and company representatives.
Our editorial team regularly reviews and updates our data to ensure consistency and accuracy. We also update our scoring on an ongoing basis to reflect changing industry norms and business owner needs. For instance, in 2025, we introduced bonus points for notable built-in software features, like the ability to accept tap-to-pay payments from customers using a mobile app.
Final star ratings are presented on a scale of one to five stars, where a five-star score represents the best available product for the largest number of business owners. Learn more about how we rate business checking accounts
