Best Online Business Banking Accounts 2026
Last Updated: January, 2026
Grasshopper
24/7 Online & Mobile Banking
Outstanding
9.5
Bluevine
High-Yield Business Checking
Excellent
9.2
Popular for Small Businesses
1
9.8
5 out of 5 stars
Outstanding
Earn Up to 3.03% APY on Savings
Open Up to 20 Checking Accounts
No Minimum Balance, Overdraft or Maintenance Fees
Up to 50 Physical or Virtual Cards
Earn Up to 3.03% APY on Savings
Open Up to 20 Checking Accounts
No Minimum Balance, Overdraft or Maintenance Fees
Up to 50 Physical or Virtual Cards
9.8
5 out of 5 stars
Outstanding
2
9.5
4.5 out of 5 stars
Outstanding
Apply Online Fast - Only 5 Minutes
Earn Up to 3.55% APY on Balances
No Monthly Fees With Unlimited Transactions
Unlimited 1% Cash Back on Debit Card Purchases
Apply Online Fast - Only 5 Minutes
Earn Up to 3.55% APY on Balances
No Monthly Fees With Unlimited Transactions
Unlimited 1% Cash Back on Debit Card Purchases
9.5
4.5 out of 5 stars
Outstanding
3
9.2
4 out of 5 stars
Excellent
FDIC-Insurance Up to $3 Million
Unlimited Fee-Free Transactions
Up to 3.7% APY on Balances
No Monthly Fees or Min. Opening Deposit
FDIC-Insurance Up to $3 Million
Unlimited Fee-Free Transactions
Up to 3.7% APY on Balances
No Monthly Fees or Min. Opening Deposit
9.2
4 out of 5 stars
Excellent
4
9.0
4 out of 5 stars
Excellent
Unlimited 1.5% Cashback on Credit Spend*
Manage in One, Centralized Dashboard
FDIC Coverage Through Mercury’s Partner Banks**
No Surprise Fees
Unlimited 1.5% Cashback on Credit Spend*
Manage in One, Centralized Dashboard
FDIC Coverage Through Mercury’s Partner Banks**
No Surprise Fees
9.0
4 out of 5 stars
Excellent
5
8.8
3.5 out of 5 stars
Very Good
Banking*, Taxes, Bookkeeping - All in One Place
No Minimum Balance or Hidden Fees**
Automated Expense Tracking & Invoicing Included
Customize & Send Professional Invoices in Minutes
Banking*, Taxes, Bookkeeping - All in One Place
No Minimum Balance or Hidden Fees**
Automated Expense Tracking & Invoicing Included
Customize & Send Professional Invoices in Minutes
8.8
3.5 out of 5 stars
Very Good
Our Ranking 🏆
Understanding Our Evaluation Process
Our rankings and star ratings are based on a proprietary evaluation process that considers factors such as company reputation, service offerings, market presence, and other publicly available data. We may receive compensation from some of the companies featured on our site, which can influence their placement in the rankings.
10,491 Visitors
Opened an online business checking account in the last 30 days
Best Business Banking in January:
Our Most Popular
1
9.8
5 out of 5 stars
Outstanding
Earn Up to 3.03% APY on Savings
Open Up to 20 Checking Accounts
No Minimum Balance, Overdraft or Maintenance Fees
Up to 50 Physical or Virtual Cards
Earn Up to 3.03% APY on Savings
Open Up to 20 Checking Accounts
No Minimum Balance, Overdraft or Maintenance Fees
Up to 50 Physical or Virtual Cards
9.8
5 out of 5 stars
Outstanding
Top Business Banking Picks
What to Know Before Opening a Business Checking Account
Opening the right business checking account is more than just finding the lowest fees — it’s about selecting a banking solution that aligns with how your business earns, spends, and grows money. Here's what to consider before you choose:
Account Type and Structure
Business bank accounts typically come in tiers: entry-level accounts for startups and freelancers, and premium accounts for growing companies with higher transaction volumes. Choose based on your monthly activity, cash flow, and projected growth.
Scalability
Your needs will evolve. Look for a bank that can grow with your business — offering higher-tier accounts, business credit options, and seamless upgrades without requiring you to switch institutions.
Digital vs. Traditional Banking
Online business banks like Found and Lili offer convenience, low fees, and modern tools — great for freelancers and mobile-first businesses. Traditional banks like Chase and U.S. Bank offer physical locations, in-person service, and broader financial product suites.
Fees and Minimum Requirements
Common fees include:
• Monthly maintenance fees (often waived if balance or activity thresholds are met)
• Transaction limits and excess transaction fees
• ATM fees or cash deposit fees (especially for digital banks)
Compare fee structures carefully, especially if your business handles frequent payments, deposits, or withdrawals.
Integration and Tools
Consider what tools you need to streamline your finances:
• Invoicing and payment acceptance
• Bookkeeping and tax tracking
• Expense categorization
• Payroll integration
Some banks bundle these directly into their platforms, saving time and reducing the need for third-party software.
Business Type and Legal Structure
Your choice may also depend on how your business is set up. Freelancers and sole proprietors may benefit from lightweight digital banks, while LLCs, corporations, and high-volume businesses might need more robust services, including merchant accounts, credit lines, and treasury management.
Top Online Banking Business Account Picks:
Opening the right business checking account is more than just finding the lowest fees — it’s about selecting a banking solution that aligns with how your business earns, spends, and grows money. Here's what to consider before you choose:
Account Type and Structure
Business bank accounts typically come in tiers: entry-level accounts for startups and freelancers, and premium accounts for growing companies with higher transaction volumes. Choose based on your monthly activity, cash flow, and projected growth.
Scalability
Your needs will evolve. Look for a bank that can grow with your business — offering higher-tier accounts, business credit options, and seamless upgrades without requiring you to switch institutions.
Digital vs. Traditional Banking
Online business banks like Found and Lili offer convenience, low fees, and modern tools — great for freelancers and mobile-first businesses. Traditional banks like Chase and U.S. Bank offer physical locations, in-person service, and broader financial product suites.
Fees and Minimum Requirements
Common fees include:
• Monthly maintenance fees (often waived if balance or activity thresholds are met)
• Transaction limits and excess transaction fees
• ATM fees or cash deposit fees (especially for digital banks)
Compare fee structures carefully, especially if your business handles frequent payments, deposits, or withdrawals.
Integration and Tools
Consider what tools you need to streamline your finances:
• Invoicing and payment acceptance
• Bookkeeping and tax tracking
• Expense categorization
• Payroll integration
Some banks bundle these directly into their platforms, saving time and reducing the need for third-party software.
Business Type and Legal Structure
Your choice may also depend on how your business is set up. Freelancers and sole proprietors may benefit from lightweight digital banks, while LLCs, corporations, and high-volume businesses might need more robust services, including merchant accounts, credit lines, and treasury management.
Top Online Banking Business Account Picks:
1
Pros
No monthly account fee on the entry plan.
Ability to open multiple checking accounts for budgeting.
Up to roughly 50 debit cards for team spending.
Integrations with tools like QuickBooks, Xero, and Gusto.
FDIC insurance provided through partner banks.
Cons
Limited access to credit products.
Some advanced features and faster payments require paid plans.
2
Pros
FDIC-insured digital business bank.
No monthly maintenance fees on business checking.
Interest-earning checking options (rates vary).
Cash-back debit card on eligible purchases.
Integrations for invoicing, virtual cards, and bookkeeping.
Cons
Minimum opening deposit typically required.
Online-only; limited cash services and no overdraft protection.
3
Pros
No monthly maintenance fees required
Earn interest on qualifying balances
Fully online account setup process
Designed specifically for small businesses
Integrates with popular accounting software
Cons
No physical branch locations available
Cash deposit options may be limited
Frequently Asked Questions
- Can I open a business bank account online?
- Do I need a business bank account if I’m a sole proprietor?
- What documents are required to open a business checking account?
- Can I have multiple business bank accounts?
Disclaimers
Relay
Relay
Relay is a financial technology company and is not a bank. Banking services provided by Thread Bank2, Member FDIC. The Relay Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be be used anywhere Visa cards are accepted. The Relay Visa Credit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa credit cards are accepted.
Mercury
The IO Card is issued by Patriot Bank, Member FDIC, pursuant to a license from Mastercard®. To receive cash back, your Mercury accounts must be open and in good standing, meaning they cannot be suspended, restricted, past due, or otherwise in default.
The IO Card is issued by Patriot Bank, Member FDIC, pursuant to a license from Mastercard®. To receive cash back, your Mercury accounts must be open and in good standing, meaning they cannot be suspended, restricted, past due, or otherwise in default.
Mercury is a fintech company, not an FDIC-insured bank. Checking and savings accounts are provided through our bank partners Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC. Deposit insurance covers the failure of an insured bank. Checking and savings account deposits may be held by sweep network banks. Certain conditions must be satisfied for pass-through insurance to apply. Learn more here.
Found
*Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC.
**Found's core features are free. Optional subscriptions to Found Plus for $19.99/month or $149.99/year or Found Pro for $80/month or $720/year. There are no monthly account maintenance fees, but other fees such as transactional fees for wires, instant transfers, and ATM apply. Read Found Fee Schedule.
*Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC.
**Found's core features are free. Optional subscriptions to Found Plus for $19.99/month or $149.99/year or Found Pro for $80/month or $720/year. There are no monthly account maintenance fees, but other fees such as transactional fees for wires, instant transfers, and ATM apply. Read Found Fee Schedule.
Grasshopper
Innovator Money Marketing Savings Annual Percentage Yield (APY) is accurate as of 11/03/2025. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.80% APY applies to balances of $0.01—$24,999.99. 3.55% APY applies to balances of $25,000 and up. Rates may change after the account is opened. Fees may reduce earnings.
Innovator Money Marketing Savings Annual Percentage Yield (APY) is accurate as of 11/03/2025. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.80% APY applies to balances of $0.01—$24,999.99. 3.55% APY applies to balances of $25,000 and up. Rates may change after the account is opened. Fees may reduce earnings.