THE RIGHT BUSINESS ACCOUNT FOR YOU
Best Business Banking Accounts
Services offered
Your business bank account should be able to offer you all the finance tools you need to run your business, including in-branch services and online services. You should be able to view balances and activities, pay bills, manage company credit cards and more online.
Monthly maintenance fees
Business account fees can vary widely from bank to bank. Some banks offer these accounts and services for free while others may charge thousands of dollars per month. By researching and choosing the right bank, you can reduce your fees and make the best choice for your business.
Cash and transaction limits
With a business account, you may be charged a fee after a certain number of transactions. For example, some banks have a cash deposit limit or a total deposit and withdrawal limit. If you make a lot of sales or withdrawals each month for your business, be aware that these fees can add up.
Flexible debit cards
If your business has multiple employees, or you expect to hire them in the future, you will likely need to issue them a credit or debit card for business-related purchases. While most business accounts include this feature, some banks may charge for it.
Easy integrations
Your business bank account should connect to your current accounting software, such as Quickbooks, to allow for easy budgeting and finance decisions.
Use common sense choosing your bank
While most business bank accounts offer the same basic features, they can vary widely when it comes to fees and additional business services. Choosing the right bank for your unique business needs is important and will help ensure your business runs as smoothly as possible.
Why You Need a Business Bank Account, and How to Choose One
Using the same account for your personal and business needs can lead to complications and challenges down the line. Opening a business banking account will help keep those finances separate, making it easier to track your business expenses and giving you access to a number of different services and tax benefits.
The best bank choice for you
Deciding on what financial institution you should bank with is very important
for your future. We help narrow down the best bank choices for you.