Best Business Checking Accounts to Choose in 2022

Triston Martin

Jan 12, 2022

Businesses don't want to think about where to bank that's why it's important to choose the best business checking accounts. These things should be important to you, like not paying extra costs and having an outstanding direction to the bank. In today’s era, various businesses need different things in an online business bank account. As the owner of a small or medium-sized business, there is a tone of things to think about. It's important to keep a close eye on your money. Today’s modern business owners require more than only a simple checking account. They have to make invoices, pay agencies, handle electronic and non-electronic payment methods, and keep track of stock that's always changing. To make things easier for you, we have selected the best business checking accounts.

Capital One

Capital One has around 380 bank branches, Capital One Coffee shops, and online business bank accounts, and they can be used at home or on the go. They have savings accounts for companies, business credit cards, a way to acknowledge credit card payments from clients, and other things. Capital One also has financing options. You get the Spark Business Unlimited Checking account for no extra charge. You can send five flexible domestic wires for free every month. Such domestic easygoing wires are worth $125. After your five monthly free wires have been sent, you must pay $25 for every extra domestic money transfer you make.

Inside the Spark Business Unlimited Checking account, you can have up to 2 Spark Business Basic Checking accounts for free each month. They won't also have to pay a fee to get domestic electronic payments transfer, and there's no cash charge for cash deposits of less than $39,999 per month, either. This also lets you make unlimited transfers. A $35 service charge is charged each month for accounts below $24,999 monthly or Ninety-day balances.

The LendingClub Bank

As of 2007, LendingClub Bank is such a bank that you can use online. It worked: LendingClub bought Radius Bank in February of 2021. Radius Bank was formed in 1987. There is no limit to how much cashback you can get with LendingClub's Tailored Verification. Balances of $4,999 or more will earn 0.1% APY, less than 1%. Free limitless exchanges are also available through the account. It says on its webpage that LendingClub Bank has just one cashless outlet, which is in Boston. If your business needs to purchase cash and coins regularly, you may wish to prevent online banks. It costs $10 per month to keep the Tailored Verification account balance above $4,999, so if it does, you'll have to pay it.

Regions Bank

Throughout the South, the Midwest, and Texas, Regions Bank had around 1,400 stores. Regions Bank's Business Easy Checking account gives business holders up to 40% off a secure deposit package. Using a Regions Business CheckCard to buy at least $499 worth of things can cut down on the $7 service charge each month. If you want to open a business bank account with Regions, all you need to do is put down $100. People can go to a branch of Regions Bank in sixteen different states.

Security Service the Federal Credit Union

The Security Service is in charge of protecting people and things from danger. Federal Credit Union's Business Checking account is much more than a bank account. This allows for something more than banking. If you don't keep at least $49,999 in your account daily, you'll have to pay a $20 monthly charge. Having an account, you'll be able to get help from a network of lawyers who offer free and discounted offerings to people who use Premium Business Checking. A business checking account at the credit union also comes with smartphone coverage that protects the phones from possible damage, mechanical fault, or theft.

To enter the credit union, you have to be a resident of Colorado, Texas, and Utah. You can't join if you live outside of these three states. As a member of the military, you may also take part. Workers of the Department of Defense who work at specific units in the service centers of the Security Service Federal Credit Union could also apply. As well, members of the family or people who live in the same house as an already-member can join.


If you run a business, each dollar is important. Bank fees are money, which can't be used to grow your business. A free business checking account lets you stick your cash where it should be – with your business. A free business checking account can be found at online organizations, big banks, small banks, and credit unions. Such accounts do not even charge a monthly or yearly fee. They could charge a fee for certain services, such as wire transfers and certain things, like overdrawing. However, they don't charge for these things all the time.

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