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| Business Banks | Pricing | Card | Regulation | Main Advantages | Score | Open an Account |
|---|---|---|---|---|---|---|
Our most popular 1  | Free Plan More Info | Found business debit Mastercard | FDIC |
| 9.8 | |
PaymentsCard type
Domestic Transfers
International Transfers
Accounting Tools
Security Features
Account Access | ||||||
Best for single-member LLCs 2  | Free plan More Info | Novo Debit Mastercard  | FDIC |
| 9.5 | |
PaymentsCard Type
Domestic Transfers Free incoming/outgoing ACH International Transfers Outgoing wire Via Wise (Transferwise) Accounting Tools
Security Features
Account Access | ||||||
3  | $15 Per month $2K min. balance More Info | Chase Debit Visa | FDIC |
| 9.1 | |
PaymentsCard type
Domestic Transfers
International Transfers
Accounting Tools
Security Features
Account Access | ||||||
4  | Free plan More Info | Bluevine Debit Mastercard | FDIC |
| 8.8 | |
PaymentsAccount Types
Card type
Domestic Transfers
Standard ACH fee: $0 Same-day ACH fee: $10 Incoming Wire Fee: $0 Outgoing Wire Fee: $15 International Transfers
Outgoing transfer fee (USD): $25 foreign transfer fee: $25 + 1.5% on base payment amount Accounting Tools
Security Features
Account Access | ||||||
5  | $10 Per month More Info | NorthOne Debit Mastercard | FDIC |
| 8.5 | |
PaymentsCard type
Checks
Fee free
Accounting Tools
Security Features
Account Access $30 Gift for Funded Account | ||||||
6  | $10 Per month More Info | Axos Debit Visa  | FDIC |
| 8.2 | |
PaymentsCash Deposits
Minimum opening deposit
Domestic Transfers
International Transfers
Accounting Tools
Security Features
Account Access | ||||||
USD
As a self-employed individual, it’s essential to have a separate bank account for your business. Not only does this help you segregate your personal and business finances, but it also facilitates organized tracking of your income and expenses. With a clear view of your financial position, you can better understand the health of your business and make informed decisions to drive growth and success.
Beyond just better accounting, having a dedicated business account makes it easier to track tax-deductible expenses and estimate tax payments, ensuring you remain compliant with regulatory requirements. Additionally, possessing a business account enhances your professional appearance, helping to build trust with clients and ultimately making it easier to secure new business opportunities. By taking this step to set up a business bank account, you’re setting yourself up for long-term financial success!
As a self-employed individual, it’s essential to have a separate bank account for your business. Not only does this help you segregate your personal and business finances, but it also facilitates organized tracking of your income and expenses. With a clear view of your financial position, you can better understand the health of your business and make informed decisions to drive growth and success.
Beyond just better accounting, having a dedicated business account makes it easier to track tax-deductible expenses and estimate tax payments, ensuring you remain compliant with regulatory requirements. Additionally, possessing a business account enhances your professional appearance, helping to build trust with clients and ultimately making it easier to secure new business opportunities. By taking this step to set up a business bank account, you’re setting yourself up for long-term financial success!
