Bluevine Business Checking Review: High APY and Easy-to-Use Digital Tools
This free, high-yield business account is a great choice for small-business owners who prefer to manage their finances online.
Overview
The bottom line:
With no monthly fees, an impressive APY and a growing suite of online banking features, Bluevine is a solid business checking option for digital-savvy business owners who don’t make regular cash deposits.
Bank account details
Monthly fee
$0
APY
1.30%
Earn 1.30% interest on account balances up to and including $250,000. Terms apply.
With $0 min. balance for APY
Bonus
$500
Earn a $500 bonus when you open a new Bluevine Business Checking account and meet eligibility requirements. Apply with referral code NW500.
Requirements to qualify
Pros & Cons
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.
Bank account comparison
Compare to other bank accounts
5.0
NerdWallet rating
at Bluevine, Deposits are FDIC Insured
4.2
NerdWallet rating
Monthly fee
$0
Monthly fee
$15.00
Waived with $2,000 minimum balance Monthly fee
$0
APY
1.30%
With $0 min. balance for APY APY
N/A
APY
N/A
Need more options? Check our picks for best business bank accounts of 2025
No fees and unlimited transactions are table stakes for online business checking accounts business checking account
Businesses with substantial cash flow and deposits can earn even more (up to 3.5%) with Bluevine's premium accounts: Bluevine Plus and Bluevine Premier. Both premium accounts have hefty monthly fees. Those can be waived, but you’ll need to jump through multiple hoops to do so.
Bluevine Plus
Bluevine Premier
Bluevine's business checking accounts excel in some areas — namely their low fees, high APYs and digital tools like invoicing and expense management. But Bluevine doesn’t support jointly owned accounts. Cash deposits also come with limits and fees.
Note: While this review discusses Bluevine Plus and Premier, the pros, cons and corresponding star rating focus on Bluevine Standard.
Is Bluevine a bank?
Bluevine is a financial technology company, not a bank. Bluevine’s banking services are provided by Coastal Community Bank, which is insured by the Federal Deposit Insurance Corp. and participates in the Insured Cash Sweep program via the IntraFi network.
Thanks to that partnership, all Bluevine accounts automatically receive up to $3 million in FDIC insurance. That extra coverage may offer peace of mind to small-business owners concerned about the security of their deposits after multiple bank failures in 2023.
Bluevine business checking is best for small-business owners who:
- Want a
free business checking account - Will use built-in accounts payable and invoicing tools.
- Don't need a joint business checking account.
- Use cash occasionally.
Make frequent cash deposits? You’re probably better off with a brick-and-mortar bank. Chase’s business account
🤓
If you want to earn even more interest and don't need access to features like checks or a debit card, consider a Nerdy Tip
Bluevine business checking at a glance
| Bluevine Standard | Bluevine Plus | Bluevine Premier | |
|---|---|---|---|
| Monthly fee: | $0. | $30; waived if you maintain an average daily balance of $20,000 and spend at least $2,000 on your Bluevine debit and/or credit card. | $95; waived if you maintain an average daily balance of $100,000 and spend at least $5,000 on your Bluevine debit and/or credit card. |
| Minimum opening deposit requirement: | $0. | $0. | $0. |
| APY: | Earn 1.30% interest on account balances up to and including $250,000. Terms apply. | Earn 2.40% APY on balances up to and including $250,000. Terms apply. | Earn 3.5% APY on balances up to and including $3 million. Terms apply. |
| Transactions: | Unlimited. | Unlimited. | Unlimited. |
| Other features: |
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How to open a Bluevine business checking account
You can open a Bluevine business account online or via the Bluevine app. Bluevine business checking is available to business owners in all 50 states and the District of Columbia. To be eligible, you must be at least 18 years old and a U.S. citizen or a resident with a valid U.S. address (not a P.O. Box). Certain types of businesses are restricted. (Learn more here
What you need to open an account
You need to provide basic details about yourself and your business to open a Bluevine business account. Applicants also need to provide certain documentation, depending on their business entity type.
- Personal information: First and last name, home address, mobile phone number, date of birth and Social Security number. This information is required for anyone who owns 25% or more of the company.
- Business information: Business name, entity type, physical address and phone number. You also need to indicate your annual revenue, industry and EIN or tax ID.
- Required documentation: This varies by business type but can include articles of incorporation, certificate of formation, Doing Business As (DBA) documentation and/or partnership agreements.
Bluevine business checking applications are typically reviewed within three business days. Once approved, you can activate your account, order your Bluevine debit card and fund your account.
📰 New in 2025: Bluevine adds invoicing and payment links
In summer 2025, Bluevine added invoicing and payment links to all customers’ accounts. You can generate invoices and send them to your customers, and they can pay you using ACH transfers, checks, or a credit or debit card (payment processing powered by Stripe).
You can also text a payment link directly to a customer, skipping the formal invoice. That might be useful for in-person sales — maybe you display a QR code that sends users to your payment link so they can pay their bill.
This comes on top of terrific bill pay features that Bluevine has quietly built out over the last few years. Most banks have some kind of bill pay tool. But Bluevine’s offers useful perks, like automatic recording of receipt details and built-in approval workflows so employees can pay bills.
These are the kinds of time-saving tools that make Bluevine a standout online business checking account.
Where Bluevine business checking stands out
No fees: Bluevine Standard has no monthly fees, nonsufficient funds fees or ACH payment fees, as well as no minimum opening deposit, monthly or daily requirements. In addition, this business bank account
High-yield APY: Bluevine offers a solid APY on its free account: Earn 1.30% interest on account balances up to and including $250,000. Terms apply.
Unlike most interest-earning accounts, you don’t have to maintain a daily or monthly minimum balance to get that APY. You will have to meet one of the following requirements, though:
- Spend $500 with your Bluevine business debit card.
- Receive $2,500 in customer payments into your Bluevine business checking account via ACH transfer, wire transfer, mobile check deposit or directly from your payment processor.
Bluevine Plus, which costs $30 per month, pays 2.4% APY on balances up to and including $250,000. And Bluevine Premier, which costs $95 per month, pays 3.5% APY on balances up to and including $3 million. Both accounts offer ways to waive the monthly fee.
Accounts payable and receivable tools: You can upload copies of bills, email them to yourself or take photos and Bluevine will automatically record the details. To pay them, you can create approval workflows. That’s a little more sophisticated than a typical bank bill pay service.
When someone else needs to pay you, you can use Bluevine to send them an invoice. Your customer can pay it via card or ACH using a built-in payment link powered by Stripe. You also have the option to send payment links via text or email.
Online banking tools: Bluevine business checking includes all of the tools that you need to streamline your finances, including mobile check deposit and recurring and one-time payments. You can also sync transactions to accounting software
Sign-up bonus: Earn a $500 bonus when you open a new Bluevine Business Checking account and meet eligibility requirements. Apply with referral code NW500. To qualify, accountholders must add funds to their account within 30 days and meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account.
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers.
- Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®.
Up to $3 million in FDIC insurance coverage: Bluevine business checking customers automatically receive up to $3 million in FDIC insurance coverage via Coastal Community Bank (Bluevine’s banking partner) and other banks in the IntraFi sweep network. This service spreads customer deposits across multiple banks — allowing business owners to gain FDIC insurance well beyond the standard $250,000 per depositor, per account — while still managing their funds through one financial institution.
Where Bluevine business checking falls short
Fees for cash deposits: Bluevine customers can make cash deposits at Green Dot locations for a fee of $4.95 each. At Allpoint+ ATMs, you’ll pay a fee of $1 plus 0.5% of the deposit amount.
Total cash deposits are capped at $7,500 each 30 days. That’s comparable to other online banks, but means Bluevine may not be a fit for cash-intensive businesses.
Can’t open joint accounts: While you can add authorized users to your Bluevine business checking account, you can't open a joint business account
Several other accounts do support joint ownership, though, including Relay business checking
No weekend support: Bluevine has extended customer service hours during the week (8 a.m. to 8 p.m. EST Monday through Friday), but there is no phone support available on the weekend. If you desire round-the-clock customer service, consider American Express® Business Checking
Frequently asked questions
Frequently asked questions
Bluevine does not offer Zelle for business, so account holders cannot accept payments via Zelle. Bluevine business checking customers can accept payment via ACH, wire transfer or through other peer-to-peer payment services like Venmo or Cash App. Looking for a business account that offers Zelle for business Bank of America U.S. Bank Chase Business Complete Banking