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Last updated: May 2026

Best Checking Accounts For Freelancers

  • check-3&&&SEP&&&-1756296792.svg No paperwork, fast approval & automated accounting from FDIC insured US banks
  • check-3&&&SEP&&&-1756296792.svg Save money with low or no fees on transactions
  • check-3&&&SEP&&&-1756296792.svg Perfect for small businesses & startups
Business Banks
Monthly Fees
Card
Regulation
Benefits
Score
Open Account
1
Our top choice

Base plan³

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FDIC ¹
  • Auto expense tracking for small businesses
  • Built-in tax calculator and tax-saving tools
  • No monthly fees, NSF, or min balances

9.8

Payments
Domestic Transfers: Unlimited free ACH transfers⁵
International Transfers: N/A
Card: Business Debit Mastercard²
Cash: Deposit and withdrawal available at 79,000 locations⁴
Checks: Check scanner⁴
Accounting Tools
  • list_icon_regular_check.svg Unlimited free invoicing
  • list_icon_regular_check.svg Expense tracking
  • list_icon_regular_check.svg Tax estimation and saving tool
  • list_icon_regular_check.svg Integration with Stripe, Square, PayPal, and more
Account Access
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Security Features
  • list_icon_regular_check.svg Deposits up to $250,000 are insured by Lead Bank, Member FDIC¹ 
2
Best for employers

Free plan

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FDIC
  • Up to 1.3% APY and $3M in FDIC coverage
  • Business loans are available up to $250,000
  • Live support from dedicated professionals

9.4

Payments
Domestic Transfers:
Free ACH transfers
Wire transfers available
International Transfers: Transfers to 32 countries outside the U.S. in 15 currencies
Card: Business Debit Mastercard
Cash: Deposits and withdrawals at 91,500+ Green Dot ATMs
Checks:
Receive: Check scanner  
Send: 2 free checkbooks
Accounting Tools
  • list_icon_regular_check.svg Bill Pay
  • list_icon_regular_check.svg Free Unlimited Invoicing
  • list_icon_regular_check.svg Expense Management
  • list_icon_regular_check.svg Payment Approvals
Account Access
desktop&&&SEP&&&-1756294995.svg devicemobilespeaker&&&SEP&&&-1756294995.svg
Security Features
  • list_icon_regular_check.svg Deposits up to $3,000,000 are insured by Coastal Community Bank, Member FDIC, and their program banks.
3

Free plan

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FDIC
  • No monthly fees, no minimum balance, no hidden charges
  • Open multiple individual business accounts
  • Integrates with popular accounting and bookkeeping tools

9.1

Payments
Domestic Transfers: Free ACH Bank Transfer
International Transfers: Wire transfers
Card: Relay Debit Visa
Cash:
Deposits available at:
55,000+ AllPoint ATMs
90,000+ Green Dot® Network partnering retailers

Withdrawals are fee-free on any ATM
Check:
Receive: Check scanner
Send: Mailed on-demand
Accounting Tools
  • list_icon_regular_check.svg Bill Pay
  • list_icon_regular_check.svg Savings account
  • list_icon_regular_check.svg Expense management
  • list_icon_regular_check.svg Integration with QuickBooks, Xero, Gusto, Yodlee and more
Account Access
desktop&&&SEP&&&-1756294995.svg devicemobilespeaker&&&SEP&&&-1756294995.svg
Security Features
  • list_icon_regular_check.svg Deposits up to $2,500,000 are insured by Evolve Bank & Trust and Thread Bank, Members FDIC
  • list_icon_regular_check.svg Secure collaboration with accountants.
4

No fee with $2k balance

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FDIC
  • Save time & manage cash flow effortlessly
  • Tailored support and consulting solutions

8.8

Payments
Small Business Loans: $0 origination fee
Domestic Wire Transfers:
Incoming: $15
Outgoing: $25/$35
Domestic ACH Transfers:
Outgoing: $25 per payment
International Wire Transfers:
Incoming: $15 
Outgoing: $40
Accounting Tools
  • list_icon_regular_check.svg Bill Pay
  • list_icon_regular_check.svg Payment processing
Account Access
desktop&&&SEP&&&-1756294995.svg devicemobilespeaker&&&SEP&&&-1756294995.svg
Security Features
  • list_icon_regular_check.svg Deposits up to $250,000 are insured by Chase Bank, Member FDIC
5

Free with $5K balance
· $10/month below

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FDIC
  • Unlimited domestic ATM fee reimbursements
  • Eligible customers earn 3.60% APY up to $50k

8.6

Payments
Cash Deposits: N/A
Minimum Opening Deposit: $100
Monthly Fee: $10 (waived with $5,000 average daily balance)
Domestic Transfers: Free ACH transfers; $15 for outgoing wire transfers
International Transfers: $50 for outgoing international wire transfers
Accounting Tools
  • list_icon_regular_check.svg QuickBooks integration
  • list_icon_regular_check.svg Bill Pay
Account Access
desktop&&&SEP&&&-1756294995.svg devicemobilespeaker&&&SEP&&&-1756294995.svg
Security Features
  • list_icon_regular_check.svg Deposits up to $250,000 are insured by Axos Bank, Member FDIC

Our Top Choice

1
Top Rated Choice
  • Up to 3.00% APY and up to $3M in FDIC coverage
  • No monthly fees, no minimum balance, no hidden charges
  • Open up to 20 checking accounts for smarter cash flow

9.8

Understanding Business Banking – A Quick Guide

Navigating the world of business banking can be overwhelming, but it doesn’t have to be. Our quick guide offers a concise overview
of the essential factors to consider when selecting a bank for your business. From analyzing monthly fees and account plans to assessing features
and benefits, we break down the key elements that matter most. By arming yourself with this knowledge, you can confidently choose the right banking
partner that aligns with your business goals and financial needs. At our comparison website, we strive to simplify the process of finding the perfect
bank for your business, so you can focus on what truly matters – growing your enterprise.

How to Compare and Choose the Best Business Checking Account?

1

Banking Features

Check for a variety of payment options, local and international money transfer services, corporate cards, account types and available currencies, as well as integrated invoicing and bookkeeping tools.

1

Fees

Look for built-in expense reporting, scheduled payments, and direct debits. Most banks integrate easily with bookkeeping and accounting tools.

1

Corporate Card

All business accounts offer MasterCard or Visa corporate cards for you and your employees. Verify the number of free cards included in your chosen plan and the cost of each additional card.

1

Security

The banks we compare & review on Top10BusinessBanks.com are regulated by local authorities. FDIC regulates deposit insurance to at least $250,000

1

Accounting Tools

Look for built in expense reporting, scheduled/recurring payments & direct debits. Most banks also offer seamless integration with bookkeeping & accounting tools.

1

Account Access

Some banks offer 24/7 account access through mobile and desktop apps, but others may not. Ensure your bank suits your needs.