Best Business Checking Accounts Of 2025

We picked the Axos Bank Business Interest Checking account as the best overall business checking account because it offers several free business services and earns competitive interest. It also comes with access to dedicated Axos Bank relationship managers.

Another Axos account, Basic Business Checking, also ranked at the top of our list. Basic Business Checking supports unlimited fee-free transactions, reimburses customers for all out-of-network ATM fees and charges no monthly fee. Though it doesn’t pay interest on balances, this account also offers a robust suite of business banking services.

Why We Like It

We like the Business Interest Checking account because it includes unlimited domestic ATM reimbursements for third-party ATMs and discounted business services through partners Celero and ADP. And, of course, it earns up to 1.01% APY on balances below $50,000.

What We Don’t Like

We don’t like that this account carries a $10 monthly fee and has a low remote deposit limit of 60 items per month. It also only earns the best interest rate on balances below $50,000.

Who It’s Best For

Axos Business Interest Checking is best for business owners open to using Axos’ service partners who plan to keep between $5,000 and $50,000 in the bank.

Axos Business Interest Checking earns up to 1.01% APY on balances below $50,000, 0.20% APY on balances between $50,000 and $249,999.99 and 0.10% APY on all other balances. The account limits free remote deposits to 60 items per month and a monthly processing limit of 100, including remote deposits. This account offers a complimentary starter set of paper checks.

Dedicated banking relationship managers are available Monday through Friday. This account charges fees for paper statements, checks and outgoing wire transfers. Axos also offers business savings accounts, a business money market account, a nonprofit money market account, business CDs and loans. Merchant services are provided through a partnership with Celero Merchant Solutions. Payroll services are provided through a partnership with Roll by ADP.

Axos offers a cash bonus of up to $400 when opening an account and meeting certain requirements by September 30, 2025, using offer code NEW400. To qualify, you must make a deposit within 30 days of opening your new account, and your balance will be used to determine the amount of your bonus. To earn up to $400—which is paid as $100 for up to four statement cycles—you will need to have an average balance above $50,000 in your new account, a minimum of 10 POS transactions of at least $3 each posted to your account each month and bill pay set up for your account. You need to submit an application by September 30, 2025 to qualify.

We picked the First Internet Bank Do More Business™ Checking account because it earns interest and includes perks like unlimited transactions and $10 in monthly ATM reimbursements. It’s also one of the only competitive business checking accounts without a monthly fee.

Another account at First Internet Bank, the Commercial Premium Checking account, also ranked near the top of our list. This account is an excellent option for businesses that have a higher amount of transactions and more complex banking needs.

Why We Like It

We like the Do More Business checking account because instead of paying the best interest rate on smaller balances, as many business checking accounts do, it pays 0.50% APY for accounts with an average daily balance of $10,000.

What We Don’t Like

We don’t like that balances below $10,000 don’t earn interest with this account. First Internet Bank also doesn’t have its own ATM network or partner with an existing network, so business owners may have trouble staying under the out-of-network reimbursement limit.

Who It’s Best For

The First Internet Bank Do More Business Checking account is best for mature businesses that keep larger balances in the bank and transact often, but it could also meet the needs of smaller businesses with less to deposit.

Interest for this account is compounded and credited monthly on the last day of each month. The Do More Business Checking account has no minimum deposit, balance or monthly maintenance fee. Regardless of your balance, you will be reimbursed up to $10 per month in ATM fees. First Internet Bank also offers several business deposit accounts, including a savings account, money market account and CDs.

The First Internet Bank Do More Business Checking account does not have active sign-up or referral bonuses at this time.

We chose the NBKC Bank Business Checking Account because it doesn’t have fees or minimums, making it friendly to small businesses and startups without a lot of capital. NBKC also stands out as a full-service digital bank.

Why We Like It

We like that this free account helps business owners save time and money. It doesn’t charge fees found with many business bank accounts or require owners to maintain a certain balance or activity level to get the most benefit. We also like that NBKC offers many business accounts, lending options and payment solutions so small businesses can grow without switching banks.

What We Don’t Like

Although the NBKC online platform and mobile app are user-friendly, they’re more basic than offerings from other banks and don’t have many business-specific tools for budgeting and accounting.

Who It’s Best For

The NBKC Bank Business Checking Account is best for smaller businesses that want to save on banking and have the flexibility to let their balances fluctuate. It’s ideal for those without complicated money management or app integration needs.

NBKC Bank offers a single mobile app for both business and personal banking. The account offers surcharge-free ATM access at over 37,000 MoneyPass ATMs. If you need to use an out-of-network ATM that charges a fee, NBKC refunds up to $12 per statement period. In addition to a free business checking account, NBKC Bank offers business savings deposit accounts—both money market accounts and certificates of deposit (CDs)—business loans and lines of credit, and business solutions including cash management, fraud management, collections and disbursement services.

The NBKC Bank Business Checking Account does not have active sign-up or referral bonuses at this time.

We chose the PNC Bank Treasury Enterprise Plan because it includes a high monthly transaction limit of 2,500 and allows businesses to deposit $50,000 in cash monthly with no additional charge. This account also has investment options for excess cash with the ability to set up an automatic sweep into a money market account for balances over a minimum you set.

PNC offers two other accounts that scored well in our ranking: The Business Checking and Business Checking Plus accounts are both worth considering if your business doesn’t need the transaction volume or cash deposits our top pick offers.

All three of these accounts include no ATM fees at PNC Bank ATMs, no setup fee for overdraft protection, free online banking, free bill pay and cash-back rewards through PNC Purchase Payback. Cash-back promotions change often and vary by location but may help you save on business spending.

Why We Like It

We like this account not just for the rewards but also because it permits businesses to deposit up to $50,000 in cash fee-free each month and has one of the highest monthly transaction limits of any bank we reviewed. If you operate a business that handles a large volume of transactions and cash every month, you’ll be hard-pressed to find a better account for your needs than PNC Bank’s Treasury Enterprise Plan.

What We Don’t Like

On the list of things we don’t like, this account’s $50 monthly fee is at the top. And while it is waivable, the requirements to avoid it may be too high for small businesses. PNC Bank also requires some business owners to visit a branch to finish opening their accounts.

Who It’s Best For

PNC Treasury Enterprise Plan is best for established businesses with high deposit and transaction volumes. While PNC Bank offers mobile and digital banking, this account may be best suited for business owners who prefer banking at a branch.

PNC Treasury Enterprise Plan is a non-interest-bearing account. The first 2,500 transactions (including deposits, paid items and ACH transfers) and $50,000 in cash deposits are free each month.

The $50 monthly account maintenance fee can be waived by maintaining a $30,000 average monthly collected balance between the primary and all beneficiary business checking accounts. This account carries a number of incidental fees you may be charged. PNC Bank has branches in 28 states.

The Treasury Enterprise plan currently offers a $1,000 bonus if you maintain an average balance of $30,000 or more for each of the first three statement cycles. To earn this bonus, you must open the account by September 30, 2025.

The BMO Digital Business Checking account has a monthly fee, but it can be waived by maintaining a low minimum average balance. The account allows unlimited incoming ACH transactions and incoming wire transfers.

The BMO Premium Business Checking account also ranked high on our list and allows up to 200 free transactions per statement period and up to $5,000 in fee-free cash deposits per statement period.

Why We Like It

We like that the BMO Digital Business Checking account’s relatively low monthly maintenance fee can be waived by maintaining an average balance of $500 per statement period. The account also allows unlimited free incoming ACH transactions and incoming wire payments. Customers also have access to 40,000+ fee-free ATMs.

What We Don’t Like

We don’t like that this account has a low fee-free deposit limit of $1,000 and charges 25 cents for every additional $100 deposited per statement period. Additionally, it does not pay interest on balances.

Who It’s Best For

This account is best for businesses that prefer to do most of their banking online and want to avoid high fees and high minimum deposit requirements.

This is a non-interest-bearing account. The monthly cash deposit limit is low at just $1,000, but customers can receive unlimited ACH or wire transfers. There is a $30 fee for domestic outgoing wire transfers and a $50 fee for international outgoing wire transfers. If you use an ATM outside of the 40,000+ BMO ATM network, a $3 fee will be charged.

If you open a business checking account by September 2, 2025, you can receive a $350 or $750 cash bonus.

To receive the $350 bonus: On Day 30, your account balance must be $4,000 or more; from Day 31 to Day 90, your account balance must be $4,000 or more. It cannot drop below $4,000 during this period.

To receive the $750 bonus: On Day 30, your account balance must be $25,000 or more; from Day 31 to Day 90, your account balance must be $25,000 or more. It cannot drop below $25,000 during this period.

The KeyBank Basic Business Checking account, as well as the KeyBank Business Interest Checking account, ranked high on our list. Both accounts have a high fee-free deposit limit and allow unlimited ACH and bill pay transactions.

Why We Like It

We like that the KeyBank Basic Business Checking account allows up to 200 combined transactions each statement period and lets business owners deposit $25,000 in cash monthly with no added fees.

The account is also eligible for Key@Work, a comprehensive, no-cost financial wellness program for employees.

What We Don’t Like

Business checking accounts can only be opened in person at a KeyBank location. Also, to waive the monthly fee, you must maintain an average daily balance of $1,000.

Who It’s Best For

This account is a good option for growing businesses with moderate transaction activity requiring a higher cash deposit limit.

KeyBank offers three business checking accounts to help different types of business owners cover their banking needs. KeyBank Basic Business Checking is meant for businesses with lower transaction activity, and balances don’t earn interest. You’ll pay 18 cents per $100 deposited over $25,000 per statement cycle and 40 cents per item in excess of 200 transactions. All incoming wire transfers cost $20 each, while domestic outgoing wire transfers cost $30 and outgoing international wire transfers cost $45.

KeyBank is not currently offering bonuses for opening a Basic Business Checking account.

The Regions Bank LifeGreen Business Checking account is a good option for smaller businesses with a low transaction volume that want to sidestep monthly fees and high minimum deposit requirements. The account also comes with budgeting and savings tools.

Why We Like It

We like that the Regions Bank LifeGreen Business Checking account offers several attainable ways to waive its $12 fee: Maintain an average monthly balance of $500, make at least $1,000 in any combination of Regions Visa Business Debit Card or Business Credit Card purchases or have at least one Regions Merchant Services transaction credited to your account.

It also offers the choice of either the Regions iTreasury Small Business cash management package or Regions Online Banking for Business, both of which provide a secure way to manage your business’s cash flow.

What We Don’t Like

This account allows only 150 transaction items per statement period, which could be an issue for businesses with higher transaction activity. The fee-free monthly limit for cash deposits is somewhat low, too, at $5,000.

Who it’s best for

It’s suitable for small businesses that don’t want to be restricted by high minimum balance requirements and don’t have high transaction activity.

LifeGreen Business Checking is one of four business checking accounts offered by Regions Bank. Of the three accounts that charge a monthly fee, this account has the easiest-to-meet requirements to waive the fee. Regions’ ATM network is small compared to many of the others on our list, and includes about 2,000 fee-free ATMs. If you use an out-of-network ATM, you’ll face a $3 fee. For cash deposits over $5,000 per month, you’ll pay 25 cents per $100 and you’ll also pay 50 cents for each additional item in excess of 150 transactions.

Regions has a Refer-a-Friend program, through which you could earn $150 by referring another small business.

To earn the $150, the referred business must register for the program using the referral email or in a branch and then open a new Regions business checking account and deposit at least $500 the day the account is opened. Within 60 days of opening the new account, the referred business must make at least one Visa Business Debit Card purchase and enroll in online statements. You can earn up to $500 a year through referrals.

Novo has many of the common features you’d expect from a top business bank account, like no monthly maintenance fee and no minimum deposit requirement. What got Novo onto our list are the features that make it well-suited for e-commerce, including integration to Stripe, Square, Gusto and Etsy.

Why We Like It

We like Novo for its ability to connect and automate business processes with the apps you’re already using to run your business. You can take a payment in Stripe, update inventory in Sheets and pay your employee in Gusto, all while Novo integrates the data into your account.

What We Don’t Like

Similar to other online business accounts, Novo does not have physical locations and does have transaction limits. Unfortunately, these limits are opaque and specific to each business.

Novo currently has limits on ACH transfers, check deposits, ATM withdrawals and Point of Sale purchases, but to find out what these limits are you’ll have to open an account and find your limits in the “account info” section of the Novo App.

Novo also only offers customer service through their app or by email.

Who It’s Best For

Novo is best suited for e-commerce businesses or small businesses that are looking for an account that offers integration with the apps they already use.

Novo is a banking platform, not a bank. Novo offers an Express ACH option for customers to get paid on the same day. However, this service comes with a charge of 1.5% of the transaction amount. Novo also offers discounts to customers on several partner products including $5,000 in waived Stripe processing fees, and three months free on Gusto.

Novo does not currently offer a welcome bonus.

The Relay Starter account ranked high on our list because it has very few fees and no minimum deposit requirement, and it comes equipped with bookkeeping functions to help you better manage your business.

The Relay Grow account also scored well, offering everything the Relay Starter account does, plus discounted fees for wires and same-day ACH transfers. This account charges a $30 monthly fee.

Why We Like It

Relay is a small-business banking and money management platform that allows businesses to create up to 20 checking accounts to categorize spending, issue up to 50 debit cards, integrate with QuickBooks Online and Xero and get a comprehensive overview of income and expenses, among other things.

We like the fact that this account charges no monthly or overdraft fees and has no minimum deposit requirement.

What We Don’t Like

Transaction limits are set individually for each customer. You must open an account to determine your limit.

Who It’s Best For

The Relay Starter account is best for businesses looking for an online expense management platform with minimal fees, especially larger businesses that want to organize cash and expenses across separate accounts or debit cards.

Relay is a financial technology company and banking services and FDIC insurance are provided by Thread Bank. Relay’s Starter plan is free, but it also offers two paid plans: Grow for $30 per month and Scale for $120 per month. All three plans include the option to open two savings accounts. Starter savings accounts earn 1.03% APY; Grow savings accounts earn 1.75% APY and Scale savings accounts earn 3.03% APY.

There are currently no bonus offers available for the Relay Business Checking account.

Truist Community Checking is the only account on our list designed specifically for nonprofit organizations. The account is mostly fee-free for organizations with a low to moderate number of monthly transactions and has a low opening deposit requirement of $100.

Why We Like It

This account has no monthly fee, a low opening deposit requirement and supports unlimited cash processing at no charge.

What We Don’t Like

Only 225 free monthly transactions are allowed, and this includes ATM transactions, point-of-sale purchases, deposits, checks and incoming ACH transfers. If you exceed that amount, you’ll be charged a high fee of 35 cents per transaction. If you use an ATM outside of Truist’s network of about 3,000 ATMs, you’ll pay a fee of $3 per transaction.

Who It’s Best For

Truist Community Checking is best for small nonprofit organizations that want a low-cost checking account and don’t require a large amount of transactions per month.

This is a solid option for nonprofits with straightforward banking needs. Customers can easily manage their account online and receive multiple debit cards. Incoming domestic wire transfers cost $15 each, while outgoing transfers cost $20. For international wires, you’ll pay $20 or $35 per transaction, respectively. For ACH payments, you’ll pay $1 per transaction if you exceed the 15-per-month limit.

Truist is not currently offering a welcome bonus for this account.