Bluevine Vs. Chase
Compare Bluevine and Chase for business banking solutions. Explore their unique features and benefits to make an informed choice for your business’s banking needs.
General Details
Monthly Fee
$0
$15 / $30 / $95
*According to plan
Interest-bearing
2.0% APY on positive checking account balances. Requirements: $500 debit spending or $2500 monthly deposits.
0.01%
Banking Partner
The Bancorp Bank, Member FDIC
Chase Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$2000
Mandatory first deposit
$0
$0
Overdraft Fees
$0
$34
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free on Monepass ATMs, $2.5 fee on out-of-network ATMs
Domestic: $3 fee on non-Chase ATM withdrawal
International: $5 fee on ATM withdrawal
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire $15
Incoming Wire $15 / $0 / $0 fee
*According to plan
Outgoing Wire $25+ for domestic transfers
$40+ for international transfers
Sub Accounts
Up to 5 sub-accounts
N/A
Bill Pay
Cash Deposit
Invoice Management
Integrations
Quickbooks,Xero,Square, Venmo, and Expensify
None
Bottom Line
Why?
Bluevine is a leading business banking solution known for its innovative digital setup. With Bluevine, businesses can enjoy the flexibility of managing their finances online, with easy onboarding, efficient bill pay service, competitive 2.0% APY on positive balances, and cost-effective transfers. There are no monthly fees, making it a cost-efficient choice for modern businesses.
Chase, a well-established bank, offers a comprehensive range of services including business checking accounts and merchant services. With its extensive network of local branches, Chase provides businesses with in-person support and accessibility. It is a trusted choice for businesses seeking a traditional banking experience.
Editorial Score
Winner!
Bluevine Vs. Chase
Compare Bluevine and Chase for business banking solutions. Explore their unique features and benefits to make an informed choice for your business’s banking needs.
General Details
Monthly Fee
$0
$15 / $30 / $95
*According to plan
Interest-bearing
2.0% APY on positive checking account balances. Requirements: $500 debit spending or $2500 monthly deposits.
0.01%
Banking Partner
The Bancorp Bank, Member FDIC
Chase Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$2000
Mandatory first deposit
$0
$0
Overdraft Fees
$0
$34
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free on Monepass ATMs, $2.5 fee on out-of-network ATMs
Domestic: $3 fee on non-Chase ATM withdrawal
International: $5 fee on ATM withdrawal
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire $15
Incoming Wire $15 / $0 / $0 fee
*According to plan
Outgoing Wire $25+ for domestic transfers
$40+ for international transfers
Sub Accounts
Up to 5 sub-accounts
N/A
Bill Pay
Cash Deposit
Invoice Management
Integrations
Quickbooks,Xero,Square, Venmo, and Expensify
None
Bottom Line
In this comparison between Bluevine and Chase for business banking solutions, Bluevine emerges as a strong contender. Bluevine offers a flexible digital setup, competitive 2.0% APY on positive balances, easy onboarding, efficient bill pay service, no monthly fees, and cost-effective transfers. These advantages position Bluevine as a compelling option for businesses seeking a modern and cost-efficient banking solution. While Chase provides a wide range of services and local branches for users who value a traditional banking experience, businesses looking for digital-first solutions may find Bluevine’s offerings better suited to their needs.