What is the best bank to open a business account?
- Best overall: Chase Business Complete Banking℠. Best for sole proprietors and contractors: Novo Business Checking. Best for small businesses: BlueVine Business Checking. Best for medium-to-large ...
What banks offer free business accounts?
- BlueVine*: Best overall for free business checking
- Chase: Best free business checking with a traditional bank
- Mercury*: Best for digitally based businesses
- Bank of America: Best for businesses with larger monthly cash deposits
- First Internet Bank: Best for earning interest on multiple account types
- Novo*: Best for free international ATM usage
What is the best online bank for small businesses?
- Novo — Best online banking for freelancers and entrepreneurs
- NorthOne — Best for fully mobile business banking
- LendingClub Bank — Best online banking for growing businesses with tons of transactions
- Axos Bank — Best business banking that you can also treat your employees to
How do I start a business bank account?
- Social security number vs. EIN. ...
- Photo I.D.s. Most banks will require personal identification to connect you to your business account. ...
- Business license or DBA. ...
- Partnership agreement if applicable. ...
- Organizational documents. ...
- Monthly credit card account revenue average. ...
Here are the nine best online business banks for small businesses, with links directly to the providers: Bluevine*: Best overall for higher interest rates on checking accounts. Novo*: Best digital-only bank for rapid access to funds and faster payments. Mercury*: Best for incorporated startups and tech companies.