Best Small Business Bank Account

A comprehensive review of the best small business bank accounts and the best banks for small business owners.

Best small business bank account. The basic business checking account is one of the best basic business banking solutions available to small businesses right now. With three chase business checking accounts business complete checking performance business checking and platinum business checking chase can easily meet your business s checking needs. As a small bank in only five states comerica understands the challenges that small business owners face and the bank s basic business checking account features cater to small business owners.

Small business checking and savings account options. Cooperative bank has received awards for their customer service team twice in 2017 and 2018 as best service from a business bank by business moneyfacts. This account has no monthly maintenance fee a low 50 opening deposit requirement and 75 free transactions per month.

Each account is designed for the different stages in a business s lifetime. We compared what banks offered across. Business bank accounts picking the right account for your small business can be a minefield but we ve made it easy for you to find the best perks the lowest fees and the cheapest overdraft charges.

We looked at balance requirements fees and transaction and deposit limits. A bank account is central to your business finances. To choose the best banks for small businesses we focused on three banking services.

Small business bank is our favorite online bank for business thanks to its free checking accounts and super competitive savings accounts. The accounts include an exclusive account for the federation of small businesses members standard business accounts cash tariff accounts new customer offers and community accounts. It s free and there s a nationwide surcharge free atm network to utilize.

The one that s best suited for small businesses though is probably the chase business complete checking account. You re unlikely to trigger this if you re say a freelance writer getting earnings transferred into the account. There are three main ways you can borrow money for your business.