Searching for the right business bank account for your startup involves several factors: accessibility, features, costs, and more. Especially when you’re just starting a business, you may prioritize limiting costs. In this case, you would be looking for business checking accounts that are available for free. This article serves to outline the best free business checking accounts, along with mentioning everything that’s offered. This information is to help you find the best banks for small businesses.


Azlo is one of the most significant online banking facilities and offers a fee-free business checking account. Along with this, there is no opening deposit required. You are exempt from paying any monthly fees, overdraft credit fees, replacement fees, transaction fees, or fees on incoming wires. You can send checks, send direct deposit payments, send invoices, and transfer money between accounts using the Azlo mobile app. When opening the account, you also receive a Visa debit card that can be used for purchasing.


NBKC offers a business account similar to Azlo, as it essentially charges no fees for vast-ranging functionality. You don’t need to pay for transactions, online banking, stop payments, check deposits, incoming domestic wires, and more. You are only charged a $5 fee for the domestic wire of funds and $45 for internationally wired funds. Opening one of these accounts provides you with an NBKC business debit MasterCard that can be utilized in more than 32,000 Money Pass ATMs for free.

Bank Novo

The application process to open one of these Novo business bank accounts is made convenient and can be done online in minutes. You can transfer funds and send money all through the app on your mobile phone. Novo can also process and send a check on your behalf if you need a physical one submitted. Opening one of these accounts provides you with a Mastercard debit card compatible with Apple Pay and Google Pay. Added to this, this bank account is FDIC-insured and has an overdraft credit allowance without any fees. However, Novo is unable to accept deposits in cash. The cash is needed to purchase a money order before you’re able to deposit it into your Novo account.

Chase Total Business Checking Account

You may be looking at opening a business account with Chase as you already have personal accounts or credit cards with this bank. With most traditional banks, such as Chase, it’s highly unlikely to come across business checking entirely free account options. A monthly fee of $12 isn’t applicable if your account shows a minimum daily balance of $1,500.

BBVA Business Connect Checking Account

BBVA isn’t a widely-known bank, this business offers several physical locations situated all around the U.S. and has a vast amount of ATM access. An excellent feature of this account is that it’s entirely free. The only requirement needed is a minimum opening deposit of $100. Opening one of these BBVA accounts gets you involved with a great credit provider that can help you receive a loan for your small business if need be.

U.S. Bank Silver Business Checking Account

Choosing to bank with U.S. Bank grants you access to another free option. When opening this account, you’re allowed 125 free transactions each month and 50 percent off your first check order (up to $50). This silver package allows you mobile and online banking through bill pay.

Wells Fargo Simple Business Checking

Wells Fargo is the best for small business banking. One reason for this is that it offers a loan program for small businesses. Added to this, Wells Fargo provides one of the best free checking accounts. A $10 service fee can be avoided by maintaining a minimum balance of $500 in your account each month.

Bank of America Business Fundamentals Checking

This type of account doesn’t offer entirely free services, but a pretty reasonable price is charged of $18. However, there are a variety of ways to waive this service fee. Included in this, you’re provided with 200 transactions each month for free, free bill pay, online banking access, mobile banking access, and a variety more.

Apple Bank SimpleValue Business Checking

Apple Bank provides excellent services for those based in New York City. However, you have an opening deposit balance requirement of $500. When opening this account, you’re entitled to no monthly maintenance fee as long as you maintain an average monthly balance of $5000. Added to this, you receive 200 free transactions each month.

America First Credit Union Basic Business Checking

This offer by America First Credit Union is available for Nevada and Utah residents and equipped to deal with small business banking, best for those with less than 250 transactions occurring per month. However, it’s no problem if you do reach this threshold as all you need to pay is an additional $0,15 for each transaction.

Bank OZK Small Business Checking

This bank for small business best offers checking for small or startups that are based in the Southeast or South. There aren’t any monthly service fees included while opening cash deposits of $100, which also grant you 250 transactions every month. Nonetheless, a $0,50 is charged for every transaction that occurred once this threshold has been reached. This can become very costly.

Comerica Basic Business Checking

The beauty of Comerica is that it is a small bank that’s only available in five states. This is so beneficial because there is an understanding of the challenges faced by small business owners and startups. That is why this basic account is specially catered to fit the needs of small business owners. There is no monthly maintenance fee, while an opening deposit of $50 is required. By opening this account, you’re granted 75 free transactions each month. You’re also awarded with waived fees for cash deposits if your deposits are over $2,500 per month. Being with Comerica gives you access to exclusive perks such as payroll processing and credit cards to aid in providing support to startups and small business owners.