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.
Last updated: Apr 2026
Best Online Business Checking Accounts
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Ideal for all kinds of businesses:
small businesses, startups, entrepreneurs, freelancers, independent professionals & enterprises.
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All options are secure and
FDIC-insured
with
0 monthly fees
, backed by trusted financial institutions.
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Compare fees, features, and benefits to find the perfect fit for your business and maximize savings.
Open your account today!
Business Banks
FDIC Insured Amount
Benefits
Score
Open Account
1
Our top choice
$3M
More Info
More Info
- Up to 2.68% 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
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
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
Receive: Check scanner
Send: Mailed on-demand
Accounting Tools
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Bill Pay
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Savings account
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Expense management
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Integration with QuickBooks, Xero, Gusto, Yodlee and more
Account Access
Security Features
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Deposits up to $2,500,000 are insured by Evolve Bank & Trust and Thread Bank, Members FDIC
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Secure collaboration with accountants.
2
$250K
More Info
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- Smart banking, built for your business success.
- Tailored business banking with two flexible account options.
9.4
Payments
Business Advantage Fundamentals™ Banking
Monthly fee: $0 or $16 *No monthly fee for the first 12 statement cycles
No fee for the first 20 transactions
No fee for the first $5,000 in cash deposited
Monthly fee: $0 or $16 *No monthly fee for the first 12 statement cycles
No fee for the first 20 transactions
No fee for the first $5,000 in cash deposited
Business Advantage Relationship Banking
Monthly fee: $0 or $29.95
No fee for incoming wires, electronic deposits and more
No fee for the first 500 transactions
No fee for the first $20,000 in cash deposited
Monthly fee: $0 or $29.95
No fee for incoming wires, electronic deposits and more
No fee for the first 500 transactions
No fee for the first $20,000 in cash deposited
Accounting Tools
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QuickBooks®
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Cash Flow Monitor®
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Erica®
Account Access
Security Features
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Bank of America, N.A. Member FDIC.
Bank of America Review
3
$250K
More Info
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- Enjoy 24/7 security, fraud monitoring, and a $0 Liability Guarantee
- Use your digital card for debit immediately for in-store and digital purchases
9.1
Payments
Business Advantage Fundamentals™ Banking
Monthly fee: $0 or $16 – No monthly fee for the first 12 statement cycles, and ongoing if requirements are met.
Best for new businesses with simple banking needs.
No fee for the first 20 transactions per statement cycle.
No fee for the first $5,000 in cash deposited per statement cycle at an ATM or Financial Center.
Monthly fee: $0 or $16 – No monthly fee for the first 12 statement cycles, and ongoing if requirements are met.
Best for new businesses with simple banking needs.
No fee for the first 20 transactions per statement cycle.
No fee for the first $5,000 in cash deposited per statement cycle at an ATM or Financial Center.
Business Advantage Relationship Banking
Monthly fee: $0 or $29.95
Best for businesses with the need for extra accounts and robust banking needs.
No fee for the first 500 transactions per statement cycle.
No fee for the first $20,000 in cash deposited at an ATM or Financial Center.
Monthly fee: $0 or $29.95
Best for businesses with the need for extra accounts and robust banking needs.
No fee for the first 500 transactions per statement cycle.
No fee for the first $20,000 in cash deposited at an ATM or Financial Center.
Accounting Tools
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Cash flow tracking and mobile deposits
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QuickBooks® integration
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Custom alerts and spend controls
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Employee access management
Account Access
Security Features
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Bank of America, N.A. Member FDIC.
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Disclaimer:
The offer is an
online only
offer available to new eligible business checking customers only and expires on MM/DD/YYYY.
To qualify, open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account through the promotional page and deposit New Money* directly into that new eligible account within thirty (30) days of account opening (“Deposit Period”). At the end of the Deposit Period, all New Money deposits made directly into new eligible Business Advantage Banking accounts will be totaled to determine which Balance Requirement you have met and which corresponding Cash Bonus Tier you are eligible for.
Maintain a daily balance in the new Business Advantage Banking account that meets the applicable Balance Requirement during the Maintenance Period**.
After you satisfy all of the requirements, Bank of America will attempt to deposit your earned bonus into your new eligible Business Advantage Banking account within 60 days.
Additional terms and conditions apply. See the offer page for full details.
*New Money refers to new funds deposited into your Business Advantage Banking account that are not transfers from other Bank of America or Merrill investment accounts.
** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
Bank of America® Business Advantage Banking Review
4
$3M
More Info
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- Business loans are available up to $250,000
- Up to 1.3% APY and $3M in FDIC coverage
8.8
Payments
Domestic Transfers:
Free ACH transfers
Wire transfers available
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
Receive: Check scanner
Send: 2 free checkbooks
Accounting Tools
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Bill Pay
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Free Unlimited Invoicing
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Expense Management
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Payment Approvals
Account Access
Security Features
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Deposits up to
$3,000,000
are insured by Coastal Community Bank, Member FDIC, and their program banks.
5
Up to $2,500,000
More Info
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- Relationship-based banking with dedicated support
- Business money market savings with flexible access
8.6
Payments
Card:
Business debit card
Domestic wires:
Available (fees may apply)
ACH transfers:
Incoming & outgoing often free
Checks:
Remote deposit capture available
Accounting Tools
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Money management
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Transaction monitoring
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Online statements & reporting
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Relationship manager support
Account Access
Security Features
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FDIC-insured accounts with multi-million-dollar coverage available
Piermont Bank Review
6
$3M
More Info
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- Send and receive international wire transfers
- Secure access for your team & accountant
8.4
Payments
Domestic Transfers:
Free ACH Bank Transfer
International Transfers:
Free debit transactions
Accounting Tools
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Expense Management
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Savings tools
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Bookkeeping
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Invoicing
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QuickBooks, Venmo & more
Account Access
Security Features
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Deposits are insured up to $3,000,000 via Sunrise Banks, N.A., Member FDIC
7
$5M
More Info
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- 1.5% cash back on card spend
- Flat-fee working capital, no hidden costs
- Free domestic and international USD wires
8.2
Payments
Cards:
Mercury Debit Mastercard
IO Credit Mastercard
Mercury Debit Mastercard
IO Credit Mastercard
Domestic wires:
Free
USD international wires:
Free
Currency exchange:
1% rate
Accounting Tools
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Accounting integrations
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Spend management
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Bill Pay
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Invoicing
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Virtual Cards
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Financial workflows
Account Access
Security Features
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Deposits up to $5,000,000 are insured.
Mercury Review
8
$250K
More Info
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- Available online and in over 2,000 branches
- Manage payables and move funds quickly
8.0
Payments
Business Essentials:
Includes unlimited digital transactions
Includes unlimited digital transactions
Platinum
Includes 550 free transactions per statement cycle
Includes 550 free transactions per statement cycle
Transfers:
125 transactions available for free
$1 processing fee for ACH transfers
125 transactions available for free
$1 processing fee for ACH transfers
Domestic wire transfers:
Incoming $14 fee
Outgoing $40 fee
Incoming $14 fee
Outgoing $40 fee
International wire transfers:
Incoming $16 fee
Outgoing $75 fee
Incoming $16 fee
Outgoing $75 fee
Accounting Tools
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Bill Pay
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Cash deposit
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Savings
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Invoicing
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Card payment processing
Account Access
Security Features
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Deposit products (up to $250,000) offered by U.S. Bank National Association, Member FDIC
US Bank Review
9
Best for self-employed
$250K
More Info
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- Full-featured business checking
- Built-in bookkeeping and smart tax tools
7.8
Payments
Domestic Transfers:
Unlimited free ACH transfers
International Transfers:
N/A
Card:
Business Debit Mastercard
Cash:
Deposit and withdrawal available at 79,000 locations
Checks:
Check scanner
Accounting Tools
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Unlimited free invoicing
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Expense tracking
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Tax estimation and saving tool
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Integration with Stripe, Square, PayPal, and more
Account Access
Security Features
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Deposits up to $250,000 are insured by Lead Bank, Member FDIC
10
$3M
More Info
More Info
- Manage rental income with unlimited sub-accounts
- Built-in tenant tools & bookkeeping
7.6
Payments
Effortless Rent Collection:
Streamline your workflow with automated rent invoices, direct deposits, and built-in bookkeeping tools
Smart Reminders & Late Fee Automation:
Reduce late payments and avoid the stress—automated alerts and fees handle the follow-up for you.
Get Paid Faster:
Receive rent directly in your Baselane or preferred bank account in as little as 2 days with QuickPay.
Accounting Tools
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Easy transaction management
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Real-time balance sheet across properties
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Schedule E & tax-ready financial reports
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Integrations: Airbnb, Vrbo, PayPal, Cash App, Xero, Intuit QuickBooks
Account Access
Security Features
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Deposits up to $3,000,000 are insured by Thread Bank, Member FDIC
Baselane Review
11
$250K
More Info
More Info
- Earn up to 3.10% APY and 1% cash back
- Unlimited transactions and no monthly fees
7.4
Payments
Domestic Transfers:
Free incoming and outgoing ACH and Wire Transfer
International Transfers:
International Wire Out: $25
International Wire In: $5
International Wire Out: $25
International Wire In: $5
Checks:
Mobile Check Deposit and Mailed Checks
Debit Card:
Visa Rewards Debit Card with cash back & virtual cards. Earn more with Visa SavingsEdge.
Accounting Tools
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QuickBooks
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Bill Pay
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Autobooks
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Plaid
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Digital Invoicing
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Additional tools & integrations available
Account Access
Security Features
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Grasshopper, Member FDIC. Deposits are insured up to $250,000.
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Clients also have access to enhanced FDIC insurance up to $125 million.
Grasshopper Review
Our Top Choice
1
Top Rated Choice
- Up to 2.68% 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
Top 3 Business Checking Accounts
Find the best fit for your business
Customer Experiences
Relay
Bank of America
Bank of America® Business Advantage Banking
I have been banking with Relay for over three years, some of which was in their early startup phase. I have enjoyed the continual improvements and updates. This is by far the best banking platform for my company. I also appreciate their customer support staff!
Kait
Incredibly easy to set up and convenient to use. Great user interface, customer service is quick and helpful. I'm very happy with this bank.
ATL
Relay has been awesome for my business banking. My account was approved quickly and it was easy to set up multiple accounts
Jweedlv
The absolute most convenient business bank account I've had. From ease of separating checking and savings accounts, adding cards for team members with set limits, and the customer service, I'm very much pleased all around.
Jenn D
I've been with this Bank for 25 years and I've never had a problem with them. They have always helped me in a professional and friendly way. I'm grateful they have my back.
Chappel
Very satisfied with Bank of America. I would say over the years this is the best online banking experience I have had and also when dealing with them in person has been extremely easy as well.
Michael Henry
I have always found a BOA branch and ATM near me regardless where I am. Super accessible. Friendly staff! Would highly highly recommend.
Gee
I've been a client of BofA for almost ten years. I've always received an extraordinary service disregarding of the branch I visit or the communication method i use. They always deliver precisely what they promiss.
Swaan
I've been with this Bank for 25 years and I've never had a problem with them. They have always helped me in a professional and friendly way. I'm grateful they have my back.
Chappel
Very satisfied with Bank of America. I would say over the years this is the best online banking experience I have had and also when dealing with them in person has been extremely easy as well.
Michael Henry
I have always found a BOA branch and ATM near me regardless where I am. Super accessible. Friendly staff! Would highly highly recommend.
Gee
I've been a client of BofA for almost ten years. I've always received an extraordinary service disregarding of the branch I visit or the communication method i use. They always deliver precisely what they promiss.
Swaan
How to Compare and Choose the Best Business Checking Account?
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.
Fees
Look for built-in expense reporting, scheduled payments, and direct debits. Most banks integrate easily with bookkeeping and accounting tools.
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.
Security
The banks we compare & review on Top10BusinessBanks.com are regulated by local authorities. FDIC regulates deposit insurance to at least $250,000
Accounting Tools
Look for built in expense reporting, scheduled/recurring payments & direct debits. Most banks also offer seamless integration with bookkeeping & accounting tools.
Account Access
Some banks offer 24/7 account access through mobile and desktop apps, but others may not. Ensure your bank suits your needs.
Top10BusinessBanks is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way.
That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details – and we always welcome your feedback.
We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions.