Business Bank Account Reviews

Capital One Spark offers six types of credit cards for business users. Each comes with management tools for monitoring employees' use, in addition to valuable rewards and competitive rates. These factors combine to make Capital One Spark cards a good option for business users.

First Internet Bank has an impressive claim to fame being one of the first fully online banks. The company offers high APY for its savings accounts and a large array of business services, making it a good fit for businesses that want an online bank with lending and investing options available.

For small business owners, you'll likely find better rewards checking options elsewhere. For self-employed individuals who are looking to grow their business, Found might also not be the best fit as it won't scale alongside your business. Check out out top online business bank accounts to see all of your best banking options.

From a rewards-checking perks and features perspective, Grasshopper seems worth it. With APY, cashback, built-in cash flow, invoicing, and no monthly fees, Grasshopper Bank has an enticing package for small business owners. Add potential for lending to the mix and Grasshopper Bank could be a good choice.

If you're looking for an online bank with strong rewards, LendingClub should be in the running. LendingClub offers competitive rewards checking features with both APY and cashback earning potential, and while the high-yield savings rate is a bit lower than those of competitors like Live Oak Bank or Mercury, there's no minimum or maximum balance limit for APY earnings.

Pros High APY Minimal fees Unlimited transactions Bookkeeping & tax prep services Accounting integrations Covers overdrafts up to $200 Cons APY and cash-back rewards require a paid subscription Cashback is merchant offer-based, not rate-based No outgoing wire transfers Slow processing times Services Offered By Lili Checking accounts Savings accounts Accounting What Is Lili Bank? Lili […]

The main thing Live Oak Bank has going for it is high APY and no monthly fee. You won't find fintech features like invoicing or accounting like you would with LendingClub and Lili Bank. You also won't find business checking yet, so if you want additional features, a checking account, or no foreign transaction fees, a Live Oak bank alternative might be a better fit for your business.

Mercury bank delivers for its target audience: startups looking for an easy entry into business banking services. Of course, it's not the only business bank ready to serve new businesses, but some features make Mercury stand out in its field.

QuickBooks Money is a free business banking and payments app that draws much of your business finances into one easy-to-use dashboard. Like the best business bank accounts we cover, QuickBooks Money offers free banking services that will meet many small business owners' needs.

The Ramp corporate card centers around one mission: saving its customers money. Besides its lack of fees, Ramp also includes software designed to help cut costs across the board -- potentially saving companies more than just the base 1.5% cash back.