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Square Business Banking

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Square Banking Review

Square Banking is the latest member of the Square family and includes checking and savings accounts, debit cards, and loans for Square users.

    Kate Hoots
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Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Square Banking At A Glance

  • FDIC-insured checking and savings account linked to your Square sales
  • No credit checks
  • Traditional checking account with account and routing numbers

What We Like About Square Banking

  • $0 opening deposit, minimum balance, and account fees
  • Instant availability of funds following Square sales
  • Automatic transfers to customizable folders enable targeted savings
  • Linked services support sales. savings, and loans

What We Don't Like About Square Banking

  • ATM withdrawal limits
  • Savings available only in US
  • Deposit limitations

Kate Hoots

Kate Hoots

Expert Analyst & Reviewer at Merchant Maverick
An expert in business banking, consumer finance, and online payments, Kate Hoots has been writing about small business commerce since 2020. A former journalist for the West Linn Tidings and the Wilsonville Spokesman, Kate boasts wide experience in business leadership and communication. She has a degree in English Literature from Lewis & Clark College.
Kate Hoots
View Kate Hoots's professional experience on LinkedIn.
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The Merchant Maverick Seal of Approval 🏆

Square Business Banking



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After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Square Business Banking for yourself.

The Merchant Maverick Seal of Approval 🏆

Square Business Banking



Visit Site

After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Square Business Banking for yourself.

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Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

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