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.

Lili Bank has a lot going for it: great accounting features, basic tax support, unlimited transactions, no ACH fees, built-in invoicing, checking and savings account options, banking rewards, and flexible eligibility requirements. These factors contributed to our overall rating of 4.1/5.

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.

NorthOne business banking reviews seem to agree that NorthOne is a noteworthy bank option for small businesses. NorthOne is an online-only bank, offering FDIC-insured checking accounts and Mastercard debit cards to business customers.

Prime Alliance offers standard FDIC insurance with all accounts and extra FDIC insurance on some of its high-interest accounts. Prime Alliance makes its full privacy policy and security policies available on its website, though they are hard to track.