The Best Business Checking Accounts For Entrepreneurs
We have found the best business checking accounts for freelancers and entrepreneurs. We start with a list for LLC companies for entrepreneurs that have made it big. Then we move on to descriptions of the best banks for entrepreneurs that run smaller and medium sized concerns. We end with a very large list that details banks you may like to consider in your local area.
Business Checking Accounts For LLC Companies
Here are a few business checking accounts for larger LLC businesses. It is only a short list since they are the best ones you can find at this moment in time. In addition, we often find that banks chase bigger companies to the point where you probably won’t need a list like ours. Here are three of the best business checking accounts for LLC companies.
Chase Business Checking
They have their total business checking account, their performance business checking account, and the Chase platinum business checking account. Each level of account has its own monthly charge that is waived if you earn enough in one month and maintain a certain balance. If you maintain a certain balance, then they will also allow between 200 and 500 free transactions. One of the best things about a Chase account is that you can visit one of their branches if you have an issue, which is not something that online banks can offer.
TD Bank BusinessDirect
They offer a free bill-pay function, and the TD Bank software is compatible with QuickBooks and Quicken. The bank is part of TD Ameritrade, which means you can check your investments while doing your banking. There are plenty of branches you can visit, and their Business Interest Checking Plus Account gives you 0.05% interest on your bank balance.
EverBank Business
This company has a service that is more suited for larger businesses and limited businesses. If you maintain a balance of at least $5000, then their monthly fee is waived. You will have to open your account with a deposit of $1500, and if you maintain a balance of $5000, then the first 200 transaction you have are free.
Business Checking Accounts For INC Companies
Discover Bank
Just like Capital One, the Discover Bank is not all about credit cards, they also offer a checking account. They have a regular checking account and one that is suitable for small businesses, freelancers and entrepreneurs. Your money may earn interest if you leave it in your account, and they have a deal where you may earn a small commission fee every time you use your card. You earn a commission because they give you a small portion of the fee that they charge merchants when you buy things with your card.
Capital One 360
They were ING Direct, but they were taken over by the famous credit card company called Capital One. A Capital One 360 account gives you a free account that doesn’t require maintenance fees, which mean no monthly costs for keeping your account open. You get free checks, and you do not have to maintain a minimum balance. As a customer, you will gain free access to any AllPoint ATMs in the USA, of which there are over 38,000. You will also gain free access to the 2000 fee-free ATMs that are operated by Capital One. You get a free debit card that is a MasterCard, and you may use their free mobile check deposit system. The company has better fees and rates than many High Street banks. It allows you to have multiple checking accounts and multiple saving accounts. You may have a separate business savings account with no fees, and a reasonable 0.40% interest rate. Set up different 369 savings accounts, name them as you wish, set up goals, and add money as you see fit.
Citizens Bank Clearly Better Business Checking
There is no minimum balance requirement, and you may have up to 200 transactions for free every month. There is maintenance fee, and they have a few branches dotted around the country. They only have around 3100 ATM machines around the country that you can use for free, but it is handy if you live near one.
BBVA Compass ClearConnect for Business
There are no maintenance fees and you do not have to keep a minimum balance. You must place a $100 deposit to open the account, and you may make five withdrawals and/or enter five checks before being charged. Other transactions are free, and you may use BBVA Compass and Allpoint ATM machines for free.
PayPal Business Account
If you wish to avoid checking accounts, then you may use a PayPal Business account. It works in a very similar way to a bank account except that you only need a phone number of email address to send money, and people may use your email address and phone number to send money to you. The account is free, but receiving money will cost you money, and their exchange rates are very bad. The only downside is that you have to withdraw to a bank account to get your cash out–unless you can get your hands on one of their PayPal MasterCard prepayment cards.
EverBank Business
The company offers a number of different bank accounts, but the one that interests sole-traders, entrepreneurs, and sole proprietors is their small business checking account. You will need $1500 as an opening deposit, which you get back because it is placed in your account. After you have opened your account, you do not have to pay fees on a monthly basis to keep your account open. There is no minimum balance amount, and you earn a small amount of interest on your balance
US Bank Silver Business
You will not have to pay monthly maintenance fees to keep your account open, and you they have over 3000 branches that you can visit in the US. You are allowed 150 free transactions in a month, and you are allowed 25 free cash deposits per month, but they have made the “free cash deposit” feature very confusing to the point where you are able to rack up two cash deposits with just one visit depending on how you make your deposit.
Bank of Internet Federal Bank Basic Business
you get 200 free transactions per month and you are allowed to make 60 deposits for free if you use their remote deposit function. You will have to put $1000 into your account in order to open it, and there are no monthly maintenance fees to keep it open. Making a deposit from your own account can be done by writing yourself a check from another bank and then photographing the check to use the remote check deposit function.
Banks In Your State
Need a Bank Account but have ChexSystems problems or Bad Credit?
Try opening a BBVA Compass Free Checking Account! BBVA is one of the more forgiving banks and may give you a full-fledged REGULAR bank account when you apply online...even with bad banking and credit history.
And if you don't qualify for the regular BBVA checking account for some reason, you'll then be given the option of opening the special BBVA Compass Easy Checking Account, an account designed specifically for those with banking problems.
...learn more about BBVA Second Chance Banking here
There are many banks to cover, so here is a list of the different banks you should consider in your state if you are a freelancer or entrepreneur. All of the banks listed currently offer business checking accounts that suit entrepreneurs and INC businesses.
Banks In Alabama
- The Ameris Bank
Link to Account – Business Checking Account - The BBVA Compass
Link to Account – ClearConnect for Business Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The First
Link to Account – First Free Business Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account - The Trustmark
Link to Account – Free Business Checking Account
Banks In Alaska
- The National Cooperative Bank
Link to Account – Basic Business Checking Account - The Northrim Bank
Link to Account – Business Edge Checking Account
Banks In Arizona
- The Arizona Bank And Trust
Link to Account – Business Basic Checking Account - The BBVA Compass
Link to Account – ClearConnect for Business Account - The BNC National Bank
Link to Account – Free Business Checking Account - The Comerica Bank
Link to Account – Basic Business Checking Account - The FirstBank
Link to Account – Free Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Arkansas
- The Arvest Bank
Link to Account – Free Small Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In California
- The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The BBVA Compass Bank
Link to Account – ClearConnect for Business Account - The Cathay Bank
Link to Account – Business Checking Account - The Comerica Bank
Link to Account – Basic Business Checking Account - The FirstBank
Link to Account – Free Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The National Cooperative Bank
Link to Account – Basic Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Business Checking Account
Banks In Colorado
- The ANB Bank
Link to Account – BusinessFREE Checking Account - The BBVA Compass Bank
Link to Account – ClearConnect for Business Account - The Ent Credit Union
Link to Account – Free Business Checking Account - The FirstBank
Link to Account – Free Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The First National Bank of Omaha
Link to Account – Free Checking Account - The 5Star Bank 5Star Commercial Checking Account
- The Partner Colorado Credit Union
Link to Account – Business Basic Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Connecticut
- The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Farmington Bank
Link to Account – Free Business Checking Account - The First Niagara Bank
Link to Account – BIZ200 Business Checking Account - The Liberty Bank
Link to Account – PayBack Business Checking Account - The Washington Trust
Link to Account – Small Business Checking Account
Banks In Delaware
- The Artisans’ Bank
Link to Account – Free Business Checking Account - The Citizens Bank
Link to Account – Clearly Better Business Checking Account
Banks In District of Columbia
- The First Citizens Bank
Link to Account – Basic Business Checking Account - The National Cooperative Bank
Link to Account – Basic Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The United Bank
Link to Account – Free Business Checking Account
Banks In Florida
- The Ameris Bank
Link to Account – Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The BBVA Compass
Link to Account – ClearConnect for Business Account - The Capital Bank
Link to Account – Better Business Checking Account - The Comerica Bank
Link to Account – Basic Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The Popular Community Bank
Link to Account – Totally Free Business Checking Account - The Space Coast Credit Union
Link to Account – Free Business Checking Account - The Trustmark
Link to Account – Free Business Checking Account
Banks In Georgia
- The Ameris Bank
Link to Account – Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account
Banks In Hawaii
- The Bank of Hawaii
Link to Account – Business Checking Account
Banks In Idaho
- The Bank of Idaho
Link to Account – eBiz Advantage Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Illinois
- The Cathay Bank
Link to Account – Business Checking Account - The FirstMerit Bank
Link to Account – Reality Business Basic - The First National Bank of Omaha
Link to Account – Free Checking Account - The Old National Bank
Link to Account – Free Business Checking Account - The State Street Bank
Link to Account – Small Business Checking Account - The Wintrust Bank
Link to Account – Entrepreneur Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Indiana
- The First Merchants Bank First Business Checking Account
- The Horizon Bank
Link to Account – Micro Business Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The MainSource Bank
Link to Account – Free Business Checking Account - The Old National Bank
Link to Account – Free Business Checking Account - The Wintrust Bank
Link to Account – Entrepreneur Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Iowa
- The Alliant Credit Union
Link to Account – Business Checking Account - The Arbor Bank
Link to Account – Simple Business Checking Account - The Bank 1st
Link to Account – Business EChecking Account - The Bank Iowa
Link to Account – Small Business Checking Account - The First National Bank of Omaha
Link to Account – Free Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Kansas
- The ANB Bank
Link to Account – BusinessFREE Checking Account - The Arvest Bank
Link to Account – Free Small Business Checking Account - The Central National Bank
Link to Account – Central Business Value - The First Citizens Bank
Link to Account – Basic Business Checking Account - The First National Bank of Omaha
Link to Account – Free Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Kentucky
- The American Founders Bank
Link to Account – Free + Easy Business Checking Account - The City National Bank
Link to Account – Best Free Business Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The MainSource Bank
Link to Account – Free Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The Old National Bank
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Louisiana
- The First
Link to Account – First Free Business Checking Account - The Gulf Coast Bank & Trust
Link to Account – Business Checking Account - The Home Bank:
Link to Account – Small Business Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account
Banks In Maine
- The Bar Harbor Bank & Trust
Link to Account – Easy Business Checking Account
Banks In Maryland
- The First Citizens Bank
Link to Account – Basic Business Checking Account - The First National Bank of Pennsylvania
Link to Account – Free Small Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The United Bank
Link to Account – Free Business Checking Account
Banks In Massachusetts
- The Cathay Bank
Link to Account – Business Checking Account - The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Digital Federal Credit Union
Link to Account – Basic Business Checking Account - The First Niagara Bank
Link to Account – BIZ200 Business Checking Account - The Washington Savings Bank
Link to Account – Free Business Checking Account
Banks In Michigan
- The 1st State Bank
Link to Account – Business Basic Checking Account - The Comerica Bank
Link to Account – Basic Business Checking Account - The Consumers Credit Union
Link to Account – Business Plus Checking Account - The FirstMerit Bank
Link to Account – Reality Business Basic - The Flagstar Bank
Link to Account – SimplyBusiness Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The Horizon Bank
Link to Account – Micro Business Checking Account - The Old National Bank
Link to Account – Free Business Checking Account
Banks In Minnesota
- The Bank Forward
Link to Account – Business 200 Checking Account - The Bell State Bank & Trust
Link to Account – America’s Best Free Checking for Business Account - The BNC National Bank
Link to Account – Free Business Checking Account - The First National Bank Minnesota
Link to Account – Free Checking Account - The Spire Credit Union
Link to Account – Classic Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The WESTconsin Credit Union
Link to Account – Business Checking Account
Banks In Mississippi
- The First
Link to Account – First Free Business Checking Account - The Home Bank:
Link to Account – Small Business Checking Account - The Trustmark Free Business Checking Account
Banks In Missouri
- The Arvest Bank
Link to Account – Free Small Business Checking Account - The Central Bank of the Ozarks
Link to Account – Free Small Business Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The Summit Bank of Kansas City
Link to Account – Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Montana
- The Bank of Bozeman
Link to Account – Simple Business Checking Account - The Opportunity Bank of Montana
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Nebraska
- The Arbor Bank
Link to Account – Simple Business Checking Account - The Central National Bank
Link to Account – Central Business Value - The First National Bank of Omaha
Link to Account – Free Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Nevada
- The America First Credit Union
Link to Account – Free Business Checking Account - The Cathay Bank
Link to Account – Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In New Hampshire
- The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Digital Federal Credit Union
Link to Account – Basic Business Checking Account
Banks In New Jersey
- The Affinity Federal Credit Union
Link to Account – Business Checking Account - The Bank of Princeton
Link to Account – Wise Business Checking Account - The Cathay Bank
Link to Account – Business Checking Account - The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Columbia Bank
Link to Account – Free Business Checking Account - The Popular Community Bank
Link to Account – Totally Free Business Checking Account - The United Teletech Financial Federal Credit Union
Link to Account – Free Business Checking Account
Banks In New Mexico
- The BBVA Compass
Link to Account – ClearConnect for Business Account - The City Bank
Link to Account – Small Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In New York
- The Apple Bank for Savings
Link to Account – SupremeValue Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The Cathay Bank
Link to Account – Business Checking Account - The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The First Niagara Bank
Link to Account – BIZ200 Business Checking Account - The National Cooperative Bank
Link to Account – Basic Business Checking Account - The Popular Community Bank
Link to Account – Totally Free Business Checking Account
Banks In North Carolina
- The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The Capital Bank
Link to Account – Better Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account
Banks In North Dakota
- The Bank Forward
Link to Account – Business 200 Checking Account - The Bell State Bank & Trust
Link to Account – America’s Best Free Checking for Business Account - The BNC National Bank
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Ohio
- The City National Bank
Link to Account – Best Free Business Checking Account - The Connexus Credit Union
Link to Account – Business Checking Account - The FirstMerit Bank
Link to Account – Reality Business Basic - The First National Bank of Pennsylvania
Link to Account – Free Small Business Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The National Cooperative Bank
Link to Account – Basic Business Checking Account - The United Bank
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Oklahoma
- The Arvest Bank
Link to Account – Free Small Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account
Banks In Oregon
- The Albina Community Bank
Link to Account – Business Builder e-Free Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Pennsylvania
- The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The FirstMerit Bank
Link to Account – Reality Business Basic - The First National Bank of Pennsylvania
Link to Account – Free Small Business Checking Account - The First Niagara Bank
Link to Account – BIZ200 Business Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The MoreBank
Link to Account – Business Checking Account - The United Bank
Link to Account – Free Business Checking Account
Banks In Rhode Island
- The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Washington Trust
Link to Account – Small Business Checking Account
Banks In South Carolina
- The Ameris Bank
Link to Account – Business Checking Account - The Arthur State Bank
Link to Account – Basic Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The Capital Bank
Link to Account – Better Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account
Banks In South Dakota
- The Andes State Bank
Link to Account – Free Checking Account - The Bell State Bank & Trust
Link to Account – America’s Best Free Checking for Business Account - The First National Bank of Omaha
Link to Account – Free Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Tennessee
- The Avenue Bank
Link to Account – Basic Account - The Capital Bank
Link to Account – Better Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The Trustmark
Link to Account – Free Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package
Banks In Texas
- The Amplify Credit Union
Link to Account – Free Business Checking Account - The Bank of the Ozarks
Link to Account – Free Small Business Checking Account - The BBVA Compass
Link to Account – ClearConnect for Business Account - The Cathay Bank
Link to Account – Business Checking Account - The Comerica Bank
Link to Account – Basic Business Checking Account - The City Bank
Link to Account – Small Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The First National Bank of Omaha
Link to Account – Free Checking Account - The Iberia Bank
Link to Account – Free Business Checking Account - The PlainsCapital Bank
Link to Account – Business Free Checking Account - The Trustmark
Link to Account – Free Business Checking Account - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Utah
- The America First Credit Union
Link to Account – Free Business Checking Account - The Bank of Utah
Link to Account – Free Business Checking Account - The First Utah Bank
Link to Account – FirstPlace Business Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In Vermont
- The Citizens Bank
Link to Account – Clearly Better Business Checking Account - The Community National Bank
Link to Account – Business Checking Account
Banks In Virginia
- The City National Bank
Link to Account – Best Free Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The National Cooperative Bank
Link to Account – Basic Business Checking Account - The Navy Federal Credit Union
Link to Account – Business Checking Account - The United Bank
Link to Account – Free Business Checking Account
Banks In Washington
- The BECU
Link to Account – Basic Checking Account - The Cathay Bank
Link to Account – Business Checking Account - The Columbia Credit Union
Link to Account – FreeB Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The First Financial Northwest Bank
Link to Account – First Business Checking Account - The Harborstone Credit Union
Link to Account – Business Basic Checking Account - The U.S. Bank
Link to Account – Silver Business Package - The Zions Bank
Link to Account – Basic Business Checking Account
Banks In West Virginia
- The City National Bank
Link to Account – Best Free Business Checking Account - The First Citizens Bank
Link to Account – Basic Business Checking Account - The First National Bank of Pennsylvania
Link to Account – Free Small Business Checking Account - The Huntington National Bank
Link to Account – Community Business Checking Account - The United Bank
Link to Account – Free Business Checking Account
Banks In Wisconsin
- The Connexus Credit Union
Link to Account – Business Checking Account - The FirstMerit Bank
Link to Account – Reality Business Basic - The U.S. Bank
Link to Account – Silver Business Package - The Westbury Bank
Link to Account – Totally Free Small Business Checking Account - The WESTconsin Credit Union
Link to Account – Business Checking Account - The Wintrust Bank
Link to Account – Entrepreneur Checking Account
Banks In Wyoming
- The ANB Bank
Link to Account – BusinessFREE Checking Account - The Big Horn Federal Savings Bank
Link to Account – Business Ramcheck - The U.S. Bank
Link to Account – Silver Business Package
