Best Banks for Small Businesses for 2026
Best Banking App for Small Businesses
- No overdraft fees, maintenance fees, or minimum balance
- Built-in expense management and tax tools
- Customize and send invoices for free
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC.
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution.
*Optional subscriptions to Found Plus for $35/month or $315/year or Found Pro for $80/month or $720/year. Discount rates may apply. 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.
The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.
Tax payments are available for Found Plus subscribers (for $35/month or $315/year) and Found Pro subscribers (for $80/month or $720/year) who file a Schedule C.
Found does not provide tax or legal advice.
No monthly fees and $7 monthly ATM fee refunds
- No minimum balance requirements
- Professional invoices customers can pay with ACH, checks, cards, PayPal & Venmo
- Receive payments 2 days faster for free with Novo Boost
- Automated budgeting with Novo Reserves
- Physical and virtual debit cards with daily spend controls
- Guaranteed FDIC protection up to $250,000 with 24/7 fraud monitoring
Free cash deposits, transfers, checks, & payouts from PayPal & others
- Create up to 20 checking accounts per small business or llc
- Issue up to 50 physical or virtual debit cards with spending limits
FDIC Insured
Relay is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Simplify your business finances
- Checking and savings accounts with no minimum balances or monthly fees required
- Unlimited payments & transfers, including ACH and wires
- Earn up to 4.23% yield with Mercury Treasury1
- Banking services provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC
Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. Deposit insurance covers the failure of an insured bank.
FDIC deposit insurance covers the failure of an insured bank. Deposits in checking and savings accounts are FDIC-insured through Choice Financial Group and Column N.A. and their Sweep Program Network Banks. Certain conditions must be satisfied for pass-through FDIC insurance to apply. Learn more here.
Earn a $400 bonus — checking and card payments in one account.
- $0 monthly maintenance fee
- Free mobile card reader included
- Accept card payments and access your funds within hours
- Track cash flow with a real-time business banking dashboard
Member FDIC
Promo code Q3AFL26 MUST be used when opening a U.S. Bank Business Essentials® or Platinum Business Checking account. Limit of one bonus per business. A $25 minimum deposit is required to open one of the referenced accounts.
To earn a business checking bonus, open a qualifying U.S. Bank business checking account between 7/01/2026 and 9/27/2026. Make the required deposit(s) in new money within 30 days of account opening, maintain the same required daily balance through the 60th day, and complete 6 qualifying transactions based on posted date within 60 days of account opening.
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Business Essentials: $400 bonus with $5,000 deposits and daily balance
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Platinum Business Checking: $1,200 bonus with $25,000 deposits and daily balance
Qualifying transactions include debit card purchases, ACH and wire credits or debits, Zelle credits or debits, U.S. Bank mobile check deposit, electronic or paper check debits, U.S. Bank bill pay for business (excluding payments made by credit card), and payment received via U.S. Bank Payment Solutions. Other transactions, such as person-to-person payments, credit card transfers (including bill payments to U.S. Bank credit cards), or transfers between U.S. Bank accounts, are not eligible.
New money is defined as funds from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees may reduce the required daily balance during the qualifying period.
Bonus will be deposited into your new eligible U.S. Bank business checking account within 30 days after the month-end in which all offer requirements are met, provided the account remains open with a positive available balance.
Offer may not be combined with other business checking bonus offers. Existing businesses with a business checking account or had one closed within the past 12 months, do not qualify.
All regular account-opening procedures apply. For full checking account pricing, terms and policies, refer to your Business Pricing Information, Business Essentials Pricing Information, and YDAA disclosure. These documents are available at any U.S. Bank branch or by calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice.
Unlimited 2% cashback on eligible USD transactions
- All-in-one platform including payment, expense management and billing
- Used by over 200,000 companies around the world
- Global account with local details in 25+ currencies
- Quick same-day approval
Whether you're a freelancer or own a growing business with dozens of employees, the right bank accounts can help you manage your business better. Some business checking accounts offer robust features that can simplify your bookkeeping, and many financial institutions offer commercial savings, money market accounts or certificate of deposits (CDs) that you can use to grow towards your for future business goals.
Account minimums, fees and annual percentage yields (APYs) vary by institution, so Money researched dozens of leading banks and credit unions to identify the best banks for small businesses for 2026:
- Bluevine – Best Overall
- American Express – Best for Interest-Bearing Checking
- Capital One – Best for Business Savings
- Chase – Best for Mid- to Large-Sized Businesses
- Digital Credit Union – Best Credit Union
- QuickBooks – Best for Sole Proprietors
- U.S. Bank – Best Rates
*Rates and APYs are subject to change. All information provided was accurate as of Oct. 14, 2025.
Best Overall: Bluevine
Bluevine offers a small business checking account that doesn't charge monthly maintenance fees or overdraft fees while not requiring a minimum balance. It is also an interest-bearing account with a 1.3% APY for the standard plan and up to 3.5% APY for upgraded plans. Bluevine's ATM network features 120,000 locations, and although the bank doesn't have savings accounts, it offers business owners loans and credit cards.
The bank provides its business checking customers with up to $3 million in FDIC insurance, and its Bluevine Line of Credit can provide up to $250,000 in business loans. Bluevine receives the highest Trustpilot rating of all the banks Money reviewed for business accounts with 4.3 stars out of a possible 5. Through its business banking platform, Bluevine provides unlimited free invoicing and payment links, which allows business owners to accept credit card, digital wallet and ACH payments.
- No maintenance or overdraft fees
- No minimum balance requirements
- Interest-bearing checking account
- No branch locations, online only
- No savings accounts
Best for Interest-Bearing Checking: American Express®
American Express offers interest-bearing business checking accounts that earn a high APY without monthly maintenance fees. Its business checking account is a good option for newer businesses, solopreneurs and contractors. There is no minimum requirement to open an account, and the account can currently earn up to 1.30% APY on balances up to $500,000. Plus, accounts can earn Membership Rewards for eligible business debit card purchases, and members can redeem those points for deposits or travel.
However, American Express doesn't offer business savings accounts or CDs. If you are specifically interested in those types of products, you will need to use another bank or credit union. Additionally, it operates online-only and doesn't have branch locations.
- Checking accounts earn a higher-than-average APY
- No monthly maintenance fees
- Potential to earn rewards
- No business savings options
- High average balance requirement to earn account bonus
- Foreign transaction fees apply to debit transactions
Best for Business Savings: Capital One
Capital One has one of the highest APYs available on savings accounts (it also offers three tiers of business checking accounts). The bank gives its customers 3.50% APY, and that rate is guaranteed for at least three months from account opening. Capital One is one of the largest banks in the country, and with its savings account, you can earn a higher-than-usual APY. The account also has a low monthly fee of $3. If you maintain an average monthly balance of just $300, you can qualify for a fee waiver, too.
To qualify for the highest APY possible, you must have a balance between $10,000 and $10 million; a lower rate applies to balances below or above those thresholds. Its business savings includes up to six free account withdrawals per monthly statement cycle, and the bank provides free overdraft coverage. Capital One also offers three tiers of business checking accounts, but it doesn't have money market accounts or CDs.
- High APY on savings accounts
- Low balance requirement to qualify for fee waiver
- No cost overdraft coverage
- $3 monthly fee without fee waiver
- Lower APY on balances under $10,000
- No business money market accounts or CDs
Best for Mid- to Large-Sized Businesses: Chase
If you have a mid- or large-sized business, Chase offers multiple checking options. With the Chase Platinum Business Checking account, you can take advantage of perks like fee-free cash deposits, in-person card acceptance through Chase Payment Solutions and no charge on electronic deposits or wires. Mid- and large-sized businesses — particularly those that handle cash — can benefit from these account options. Chase Business Complete Checking provides account holders with up to $500 with qualifying activities, and all three of the bank's business checking accounts waive monthly fees if minimum balance requirements are met.
The bank has an extensive branch and ATM network, making it easier for cash-based businesses to deposit bills to their account. If you prefer in-person assistance, Chase operates over 5,300 branches nationwide, along with 15,500 ATM locations. Chase's fees can be relatively high, though, and you'll need to maintain a fairly large balance to qualify for fee waivers. So smaller businesses or sole proprietors may want to consider other options with lower costs. Additionally, its business checking accounts do not pay interest.
- Offers debit cards for employees
- Savings account fee waivers when linked to a business checking account
- Large branch network
- High monthly fees on some accounts
- High balance requirement for fee waivers
- No interest-bearing checking accounts
Best Credit Union: Digital Credit Union
Digital Credit Union (DCU) offers business banking and digital banking solutions for small business and business owners, with an interest-bearing business checking account that currently offers up to 0.10% APY. The credit union does not require a minimum account balance, does not charge monthly maintenance fees, and provides unlimited free check writing and up to four debit cards per account. DCU also offers business savings accounts.
In order to join DCU, you must be the family member of an existing member, work for or have retired from participating employer, belong to a handful of organizations or live in select areas of Massachusetts. Despite having only 23 branch locations in Massachusetts and New Hampshire, the credit union provides members access to over 5,600 shared credit union branches and boasts an ATM network with 80,000 locations.
- Interest-bearing business checking accounts
- No minimum balance requirements or monthly fees
- Large shared credit union ATM and branch network
- Somewhat restrictive eligibility requirements
- Limited branch locations
Best for Sole Proprietors: QuickBooks
QuickBooks may be best know for its accounting software, which helps small businesses manage their finances. But few people know that the company also provides banking services. Specifically, its free business checking account has no monthly fees, no overdraft fees and doesn't require any minimum balances. Members are currently eligible for up to 3.00% APY on balances held across QuickBooks' Envelopes — savings tools held inside their checking account.
Additionally, self-employed customers are eligible for discounts on bookkeeping services, and the business checking account features the ability to send and track invoices that integrate with QuickBooks. While the financial services company doesn't operate any branches, its ATM network includes 19,000 locations.
- Self-employed customers eligible for discounts on bookkeeping services
- High APY on business account
- No overdraft or monthly fees, no minimum balance requirements
- No branch locations
- Fees for card, digital wallet and ACH transactions
- Fees for cash deposits
Best for Overall Rates: U.S. Bank
U.S. Bank offers customers business checking, savings, CDs and money market accounts. Its business savings accounts currently provide 0.05% APY, while its business CDs — which have terms ranging from 14 days to five years — currently have APYs as high as 3.97%. However, higher CD amounts are subject to lower APYs.
U.S. Bank has an ATM network with 40,000 locations and operates 2,000 branches in 26 states. However, residents in all 50 states are eligible to open accounts. Both its business checking and savings accounts require a $100 minimum opening deposit.
- Offers business checking, savings, CDs and money market accounts
- Monthly fees waived by satisfying certain criteria
- Branches in 26 states, but open to residents in all 50 states
- Higher CD amounts subject to lower APYs
- Monthly fees for certain business accounts
- Minimum opening deposit requirements
How we chose the Best Banks for 2026
To determine our list of Best Banks for 2026, Money staff evaluated hundreds of the largest retail banks, credit unions, regional and state banks, ranked by assets, and 20 of the most popular online banks. We then compared opening balance requirements, interest paid, fees, and features to determine our top picks.
To select the best banks for small businesses, we evaluated and compared dozens of data points, including their account options, minimum balance requirements, fees, APYs, perks and branch and ATM access. Priority was given to banks with no-fee business checking options, as well as those that had robust mobile apps for business owners to manage their accounts.
You can read our full methodology here.