The Best Business Checking Accounts for Small Business
Side hustlers and business owners have unique needs when it comes to setting up a business checking account. And for years, most banks made the bulk of their fees on business products – including business checking accounts.
Radius Bank Tailored Checking
The Radius Bank Tailored Business Checking Accountis a great solution for side hustlers and small business owners.
The real plus with this account is that it pays interest! You can earn 0.10% APY on balances over $5,000. It’s nearly unheard of to have a business checking account that pays interest.
They offer unlimited free transactions, which is very unlikely for a business bank account (banks usually charge a fee per transaction).
They also have one of the easiest online applications – taking about 5 minutes! Most banks do not have complete online application and have to send in multiple documents that takes up a lot time.
This account does have a small monthly fee, but that can be waived with a $5,000 minimum balance.
This account also has the usual features you’d expect in a top notch business checking account:
- Online banking
- Free ATM withdrawals
- Free online bill pay
- Mobile check deposits