10 Best Business Checking Accounts

Editor’s Take

Axos Bank Business Interest Checking is rated positively for its interest on balances and no monthly maintenance fees, provided certain requirements are met. The account is available for all 50 states, and the mobile and online banking platforms are reliable and easy to use.

One drawback is the minimum balance that you need to avoid the $10 monthly fee. If your business doesn’t keep at least $5,000 in the account, you’ll be charged. Free cash deposits are limited, and there are transaction limits to consider.

This account fits businesses that want to earn interest without switching banks often. It is especially good for small businesses and startups that keep higher balances and don’t handle large amounts of cash monthly.

Pros & Cons

Pros

• Earn interest on checking account balances
• Free unlimited domestic ATM fee reimbursement
• No monthly maintenance fee if requirements are met
• Easy access to online and mobile banking
• 24/7 customer support

Cons

• $5,000 minimum average daily balance required to avoid $10 monthly fee
• 50 free transactions per month, then fees apply
• Limited free cash deposits at ATMs
• No local branch access

Details

Axos Bank Business Interest Checking allows you to earn interest on your business funds, with a competitive APY compared to many other business checking accounts. Opening the account requires a $100 minimum deposit, making it accessible for most small businesses.

Each month, you receive 50 free transactions, with a small fee applied for any additional ones. The account also reimburses all domestic ATM fees, letting you withdraw cash from any ATM nationwide without extra cost.

There is a $10 monthly maintenance fee, but it’s waived if you maintain an average daily balance of $5,000 or more. Banking is fully online through the Axos website or mobile app, with mobile check deposits available, though cash deposits are limited to in-network ATMs.

Bonus

Axos Bank sometimes offers a welcome bonus for new business customers. The offer amount and requirements can change from year to year.

For 2025, you may qualify for a cash bonus after opening a new Business Interest Checking account and meeting certain deposit or activity requirements within the first months. Check Axos Bank’s website for the most current bonus offer, as terms and availability vary.

Editor’s Take

You’ll like First Internet Bank’s Do More Business™ Checking if you want a bank account that’s completely online. There are no monthly fees or minimum balance requirements, so you can save on basic costs. Free online bill pay and unlimited ATM fee rebates are useful if you travel or do business nationwide.

However, you won’t have access to in-person banking since First Internet Bank is fully online. Cash deposits are not supported directly, which can be a challenge if your business needs to handle paper money regularly. Mobile and online tools are reliable, but may not suit every business owner.

This account fits small-business owners, startups, and freelancers who are comfortable banking digitally. You should consider this option if you want to avoid fees and don’t need branch visits or cash services.

Pros & Cons

Pros

• No monthly maintenance fee
• No minimum balance required
• Free online and mobile banking
• Unlimited ATM fee reimbursements in the U.S.
• Free bill pay and check writing
• Easy account management through online tools

Cons

• No physical branches for in-person service
• Cannot directly deposit cash
• Outgoing wires are not free
• May have limits on free transactions per month
• Businesses needing night deposits or coin handling may find it lacking

Details

The Do More Business™ Checking account is fully digital and accessible through First Internet Bank’s website and mobile app. You can open your account online and get started within a few days. There’s no monthly service fee, and you don’t have to keep a minimum balance to avoid fees.

You get unlimited ATM fee rebates across the U.S., making it easy to access cash when you need it. Businesses can use the account for electronic deposits, ACH payments, and outgoing wire transfers (fees may apply for some services). Free bill pay and check writing are included.

You can add more business banking products, like savings accounts and loans, through First Internet Bank. Customer support is available by phone and email, but not in person. The account does not support cash deposits, so it works best for businesses without regular cash needs.

Bonus

First Internet Bank sometimes offers cash bonuses when you open a new Do More Business™ Checking account. These promotions can require you to meet certain terms, like keeping a minimum average balance or completing a set number of debit transactions within a few months.

For example, the bonus may be $200 if you deposit a certain amount and make qualifying transactions in your first 60 days. Always read the fine print before opening your account to ensure you qualify for the bonus. You can find current deals listed directly on First Internet Bank’s website or by calling customer support.

Editor’s Take

NBKC Bank’s business checking account is ideal if you want simple, low-cost banking with minimal fees. There are no minimum balance requirements and very few restrictions, making it easy to manage your money. Strong customer service reviews and useful digital banking tools add to its appeal, especially if dependable support matters to you.

However, it may not be the best fit if you rely heavily on in-person branch access. As an online-first bank, NBKC makes cash deposits more challenging, and its features are relatively basic compared to accounts with advanced business tools or integrated invoicing.

Overall, NBKC Bank’s checking account works well for small business owners who value easy access to funds, low fees, and a solid mobile banking experience over premium extras or extensive branch networks.

Pros & Cons

Pros:

• No monthly maintenance fees
• No minimum balance needed
• Free access to over 37,000 ATMs
• Good mobile and online banking features
• Simple, transparent fee structure

Cons:

• Limited physical branches
• Few advanced business account tools
• Cash deposits are harder to make
• Out-of-network ATM fees may apply
• No interest earned on checking balances

Details

NBKC Bank’s Business Checking Account has no monthly fee and no minimum balance requirement. You get free use of 37,000+ MoneyPass ATMs. You can also write checks, use a debit card, and manage everything digitally using the mobile app or online portal.

There are no incoming wire fees, and only a small fee for outgoing domestic or international wires. The account makes it easy to transfer money, pay bills, and keep track of spending.

NBKC lets you open an account online, and the application process is simple for most small businesses. However, if you need features like cash deposits or merchant services, you’ll have to look elsewhere or consider linking your account with another bank.

Bonus

As of August 2025, NBKC Bank does not offer a sign-up bonus for new business checking accounts. Occasionally, promotions may be available, but they are less common than with some larger banks.

Instead, the main savings come from not paying monthly fees and reduced transaction costs. If your business needs a bonus for opening an account, you may want to compare NBKC to other banks that regularly offer cash promotions.

Check the bank’s website for any updates, as promotions can change. Some users notice seasonal or special offers, but most rewards come from ongoing account benefits rather than a cash sign-up deal.

Editor’s Take

You benefit from 2,500 free transactions each month, which covers deposits, paid items, and ACH transfers. This is much higher than what many other business accounts offer. The monthly fee may be higher, but is often offset by its robust features for large or growing businesses.

One drawback is that the account does not earn interest, so you won’t grow your balance with idle funds. For small businesses with few transactions, the features may be more than you need. However, if you handle high cash deposits or need treasury management tools, this plan fits well.

The PNC Treasury Enterprise Plan works best for medium to large businesses or fast-growing startups with complex banking needs. It’s suitable for LLCs, corporations, and sole proprietors who process a lot of payments each month.

Pros & Cons

Pros:

• 2,500 free transactions per month
• $50,000 in free cash deposits monthly
• Access to treasury management services
• Broad ATM and branch network
• Customizable with investment options

Cons:

• Monthly maintenance fee applies
• Non-interest-bearing account
• Best features geared toward larger businesses
• May require higher minimum balances

Details

The PNC Treasury Enterprise Plan is a non-interest-bearing business checking account that includes 2,500 free transactions each month, covering deposits, paid checks, and ACH transfers. Any transactions beyond that limit may incur a per-item fee. Businesses also benefit from $50,000 in free cash deposits monthly, making it a strong option for companies that handle large amounts of cash.

This account includes analysis checking, which allows you to offset certain fees using an earnings credit based on your balance. Treasury management tools are also included, helping you manage receivables, payables, and liquidity efficiently.

As part of the plan, you can choose between two investment options to align with your cash management strategy. While there is a monthly fee, it can often be reduced or eliminated through sufficient balances or by maximizing the earnings credit rate.

Bonus

At times, PNC offers cash bonuses for opening new business checking accounts, including the Treasury Enterprise Plan. In 2025, you may find promotions where you can earn up to $1,000, depending on your deposit and transaction activity.

To qualify for a bonus, you might need to meet requirements such as opening the account by a certain date, making qualifying deposits, and maintaining a minimum balance. Bonus offers can change, so check PNC’s website for the most up-to-date information before you apply.

Editor’s Take

You may like this account if you prefer a digital-first bank with low fees and unlimited online transactions. It works especially well for businesses that operate remotely and rarely handle cash. Unlimited free ACH and incoming wire transfers can save money for companies that process many electronic payments.

However, this account may not be the best fit if you frequently deposit cash or rely on in-person branch services. Cash deposit options are limited and may involve extra fees.

It’s a strong choice for e-commerce stores, tech startups, consultants, or remote service providers. If most of your payments are digital, this account offers cost savings and convenience.

Pros & Cons

Pros:

• Unlimited free ACH transactions
• Free incoming wire transfers
• No monthly fee if minimum balance met
• Simple online money management tools
• Easy application and account setup

Cons:

• Limited options and higher fees for cash deposits
• Few physical branches
• Outgoing wires may incur fees
• Not suited for businesses needing in-branch services
• No interest earned on balance

Details

You won’t pay a monthly maintenance fee as long as you maintain the required minimum balance (check the latest details on the BMO website). The account offers unlimited free ACH payments and incoming wire transfers, making it a good fit for businesses with high digital payment volumes. While physical checks can be deposited via the mobile app, frequent or large cash deposits may not be supported.

Most account management tasks, including transfers and bill payments, are handled entirely online. Business owners can access digital statements, receive real-time transaction alerts, and benefit from strong security features like biometric logins and encryption.

Opening an account is quick and simple, taking only a few minutes online with basic business documents. This makes it an efficient choice for business owners seeking a streamlined, fully digital banking experience.

Bonus

You can qualify for a bonus offer if you open a new account and meet certain requirements. In 2025, BMO provides new business customers a bonus of up to $750. The exact bonus amount depends on the account type and activities such as maintaining a qualifying minimum balance and completing eligible transactions within a set time frame.

To earn the bonus, you usually have to deposit a specific amount shortly after opening the account and keep those funds in the account for a period (for example, 90 days). Make sure to review the official bonus rules and deadlines before applying, as the details may change during the year.

Editor’s Take

KeyBank Basic Business Checking is designed for businesses that need straightforward checking without surprise fees. You get unlimited transactions and domestic ATM fee reimbursements, which helps you save money if you make a lot of payments or withdrawals. The account has no monthly maintenance fees, so you can focus on your business finances without worrying about minimum balances.

On the downside, KeyBank is a regional bank, so branch access can be limited outside its service areas. If you travel or have business partners nationwide, it might not be as convenient as a national bank.

This account is ideal if you own a small business, operate a sole proprietorship, or want simple, low-cost banking services. If you need in-person service or do most of your business in KeyBank regions, it’s a strong fit.

Pros & Cons

Pros:

• No monthly maintenance fees
• Unlimited transactions
• Free domestic ATM fee reimbursements
• Simple account structure with no hidden charges
• Suitable for smaller businesses and sole proprietors

Cons:

• Limited to KeyBank service areas (mainly in certain states)
• Fewer branch locations than national banks
• No advanced business tools or integrations
• May not suit larger businesses with complex needs

Details

The KeyBank Basic Business Checking account offers unlimited transactions without per-item fees. You can use any domestic ATM and get reimbursements on fees, which is rare for basic business checking accounts.

Account holders don’t have to worry about maintaining a minimum balance or getting penalized with monthly charges. Online and mobile banking are included, where you can pay bills, transfer funds, and view statements.

There are no fees for incoming electronic payments. However, if you deposit checks through a branch or ATM, standard processing times apply. The account doesn’t include advanced treasury or merchant services, making it better for simple business banking rather than complex operations.

Bonus

KeyBank sometimes runs special promotions for new business checking accounts. These bonuses can change throughout the year.

You may find welcome offers if you open a KeyBank Basic Business Checking account and meet certain requirements, such as a minimum opening deposit and certain transaction activity within a set period. Recent promotions have been as high as a few hundred dollars.

Check KeyBank’s website or local branches for the latest offers, as terms and availability can vary by region. Be sure to read all eligibility details before applying for a bonus.

Editor’s Take

You may find LifeGreen Business Checking appealing because it offers several ways to avoid monthly fees and supports basic banking needs like online banking and mobile deposits. It’s easy to open and manage, which helps newer business owners. The no-fee option for not-for-profit businesses is a strong point.

On the downside, if your business handles a large number of transactions every month, fees may add up quickly. Free transactions are limited, so bigger businesses may face extra costs. You also won’t find advanced business banking tools included.

This account best suits small business owners and nonprofits who want simple banking and mostly use basic services. If your business is just getting started, or you want to avoid paying for extras you don’t need, this could be a good choice.

Pros & Cons

Pros:

• No monthly fee for not-for-profit businesses
• Multiple ways to waive the standard monthly maintenance fee
• Online and mobile banking included at no extra charge
• Access to a wide network of ATMs and branches
• Quick and easy to open for most businesses

Cons:

• Free monthly transactions are limited; extra transactions cost more
• Standard monthly fee applies unless you meet certain criteria
• Fewer cash management features than some competitors
• No interest is paid on account balances
• Out-of-network ATM fees may apply

Details

LifeGreen Business Checking usually charges a monthly fee between $12 and $25, depending on your account activity and balance, but nonprofits pay no monthly fee. You can avoid the standard fee by meeting minimum balance or transaction requirements.

You get a set number of free transactions each month (like deposits or withdrawals). If you go over this limit, there are small fees for every extra transaction. Basic digital banking features are included, so you can manage your account online or through the Regions mobile app.

The account gives you access to Regions’ ATM network and in-branch services. Overdraft protection options are available. There are no interest earnings or cash back rewards, so it’s built mainly for everyday money management.

Bonus

Regions Bank sometimes offers sign-up bonuses for new LifeGreen Business Checking accounts. Bonuses for new accounts can vary between $100 and $500 or more, depending on meeting the deposit and transaction requirements.

To qualify, you often need to open a new account, deposit a minimum amount, and maintain a certain balance for a set period. Additional requirements might include making a certain number of debit card transactions or bill payments in the first few months.

Check the Regions Bank website or visit a branch to see the latest offers and full bonus terms. Promotions can end or change at any time, so read the rules before applying.

Editor’s Take

Novo stands out for its fee-friendly structure and modern digital banking tools. There are no monthly maintenance fees or minimum balance requirements, making it an accessible option for many small businesses. The account is simple to open and integrates with popular platforms like Stripe, QuickBooks, and Shopify, streamlining financial management for online operations.

Because Novo has no physical branches, in-person banking services aren’t available. It also doesn’t support cash deposits, which may be a drawback for businesses that deal heavily in cash. These limitations make it best suited for freelancers, consultants, and digital-first small business owners.

For those who rely on online banking and want quick access to modern integrations, Novo delivers a streamlined, low-cost solution that fits the needs of tech-focused entrepreneurs.

Pros & Cons

Pros:

• No monthly maintenance fees
• No minimum balance required
• Free ACH transfers and mailed checks
• Fast and simple online application
• Powerful integrations with business apps (Stripe, Shopify, QuickBooks)
• User-friendly mobile and web apps

Cons:

• No physical branches
• No way to deposit cash directly
• No recurring bill pay feature
• Limited customer phone support hours

Details

Novo is backed by Middlesex Federal Savings, with deposits FDIC insured up to $250,000. You can manage your account entirely online through the desktop or mobile app, with unlimited transactions and no extra fees. Services like ACH transfers, mailed checks, and incoming wires are all free, making it cost-effective for frequent transactions.

The bank refunds ATM fees charged by other institutions, helping you save on withdrawals. While cash deposits aren’t supported, you can still receive payments through digital apps or remote check deposit. Many of Novo’s features are built to save time and keep your business finances organized.

For businesses that operate primarily online and value cost savings, fee-free services, and streamlined tools, Novo offers a secure and efficient banking experience.

Bonus

Promo offers for Novo accounts change but sometimes include cash bonuses for new customers. These offers could require you to deposit a certain amount or make qualifying transactions within a set time. You might also get credits for using select Novo partners or tools.

Check Novo’s website for the latest deals. In 2025, Novo doesn’t advertise a large cash bonus, but the lack of fees and free business tools is valuable for cutting costs.

Editor’s Take

Relay stands out for its fee-free business checking experience. You can manage separate budgets or departments easily because you are allowed to open multiple checking accounts under one business profile. The integration options with tools like QuickBooks help with bookkeeping.

The main drawbacks are the absence of brick-and-mortar banking and the lack of in-person support. Cash deposits also aren’t supported, which can be limiting if your business deals with cash.

Relay Standard Business Checking is ideal for small businesses, startups, and entrepreneurs who prioritize digital banking and want to track spending by project or category.

Pros & Cons

Pros:

• No monthly account fees or overdraft fees
• Ability to open up to 20 checking accounts
• Generate up to 50 virtual or physical debit cards
• User permissions for team roles
• Strong bookkeeping integrations (e.g., QuickBooks, Xero)
• Fast online account setup

Cons:

• No cash deposit support
• No in-person banking branches
• Outgoing wires have fees
• No interest earned on balances
• Limited options for international businesses

Details

Relay offers a fully digital account-opening process. You can manage balances, pay bills, and send ACH or wire payments from the online dashboard or mobile app. It’s built to help you separate funds, whether for taxes, payroll, or saving for big expenses.

Relay lets you issue multiple debit cards for your staff and set permissions for each team member. There are no account minimums to worry about.

Relay does not support cash deposits, and you cannot visit a physical branch. Customer support is provided digitally by email or chat.

Bonus

Relay does not offer a traditional cash sign-up bonus. Instead, the main savings come from the lack of monthly fees, overdraft charges, or hidden charges.

Occasionally, Relay may run limited-time offers or partner promotions, but these are not guaranteed and should not be relied upon. The biggest perk most users see is ongoing cost savings rather than a one-time bonus.

Editor’s Take

You may appreciate Truist Community Checking if you want simple, no-frills business banking. The account is easy to open and offers support both in-branch and online, making it convenient for business owners who prefer personal assistance.

Monthly fees are low, and you may be able to waive them by maintaining a minimum balance. However, transaction limits can be restrictive for growing businesses with a high volume of monthly banking activity.

Truist Community Checking is best suited for small businesses, startups, and nonprofits with moderate banking needs. If your business processes a high number of transactions, you might find the account limits a challenge as your company grows.

Pros & Cons

Pros:

• Low monthly maintenance fee
• Multiple ways to waive monthly fee
• Access to extensive branch and ATM network
• Online and mobile banking features
• Includes basic business debit card

Cons:

• Free transactions limited each month, with fees for overages
• Limited advanced business tools compared to premium accounts
• Out-of-network ATM fees may apply
• Not ideal for businesses with high transaction volume

Details

Truist Community Checking generally has a low monthly maintenance fee, which can often be waived if you meet certain requirements, such as a minimum daily balance.

You get a specific number of fee-free transactions per month, usually around 150. After you reach that limit, Truist charges a small fee for each additional transaction. This is important if your business handles a lot of payments or deposits.

Standard features include a business debit card, access to both Truist branches and ATMs, as well as online and mobile banking. You can pay bills, transfer funds, and manage your account digitally.

Bonus

Sometimes Truist offers sign-up bonuses for new Community Checking account holders, but promotions change throughout the year. Bonuses are usually available if you meet certain conditions, like depositing a specific amount and keeping it in your account for a set period.

To see if a bonus is available, check Truist’s official website or ask at your local branch before you open your account. Bonus amounts and qualifying terms can vary, so read the requirements carefully to ensure you get the offer.