Online Small Business Account
Discover which service plan best matches your business needs.
Online small business account. Try our selector tool. Not only will you earn an ongoing apy while avoiding common banking fees but bluevine also makes a conscious effort to provide a great online experience with the customer support you d expect in your local branch. The most important feature of small business banking is the relationship you have with your bank or credit union manager not the cost of your small business bank account. Not sure which service plan is right for you.
A business bank account helps you stay legally compliant and protected. If you re a small business that doesn t normally handle cash it s fairly easy to use online checking accounts for your banking needs. The best options come with low cost business checking along with bank features like in network atms atm fee reimbursements and seamless app. Net new purchases must post to that card account to qualify.
Spend 2 500 or more in net new purchases each card billing cycle using a linked bank of america business credit or charge card. While small business bank is our favorite online bank for small business any of the recommended banks above can deliver the banking services you need right to your computer or phone. This is a recurring post with regularly verified card details. A qualifying transaction from a bb t merchant services account disclosure 3 3 bb t merchant services are subject.
All business accounts owned by a corporation partnership or unincorporated association at the same bank are insured up to 250 000 per business separately from the personal accounts of the owners or members. Small business banking isn t all about the fees. The future is now. Where a business bank account differs from a personal bank account is the fact that you will often have to pay a fee to use your business account and possibly individual transaction charges.
It also provides benefits to your customers and employees. While most owners may know bluevine for its lending products it recently launched a fee free online checking account to serve small business owners better. Sooner or later almost all small businesses need a business loan or a line of credit. Td small business bank accounts offer a host of features and benefits to help you manage and grow your business.
Open a business account when you re ready to start accepting or spending money as your business. 1 500 average monthly balance. Having a business bank account also makes it possible to apply for a business loan or a business credit card in the future.