10 Best Business Bank Accounts of 2026

Mercury gives a new business the most banking for $0 of any account on this list. The base plan has no monthly fee, no minimum balance and no overdraft penalties, and it includes checking and savings, ACH, domestic wires, real-time payments, mailed checks and USD international wires at no charge. Deposits are held at Choice Financial Group and Column N.A., and Mercury says sweep networks extend FDIC coverage up to $5M. The free plan also covers company cards, expense management, reimbursements, unlimited invoices and bill pay, which removes the need for several separate tools early on. Mercury Plus costs $29.90 a month on annual billing and adds recurring invoices, ACH debit invoicing and unlimited 1099 filings, while Pro at $299 a month adds a relationship manager. The main gaps are physical: there are no branches, and the pricing page lists no way to deposit cash, so cash-heavy shops should look elsewhere. Non-USD wires carry a 1% exchange fee.

Bluevine is the strongest pick on this list for earning interest on everyday operating cash. The Standard plan has no monthly fee and pays 1.3% APY on balances up to $250K when you meet a monthly activity goal, while Plus pays 1.75% and Premier pays 3.3% on all balances. The Plus fee of $30 a month is waived with a $20,000 average daily balance or $2,000 in monthly debit card spend, and Premier's $95 fee is waived at $100,000 or $5,000 in spend. Every plan includes sub-accounts for budgeting, up to 50 debit cards, unlimited invoices and payment links, Tap to Pay and free standard ACH. Deposits are FDIC insured up to $3M through Coastal Community Bank and its program banks. Costs show up on payments: domestic wires are $15 on Standard, same-day ACH is $10 and Green Dot cash deposits cost $4.95 each. Higher plans cut those fees, so compare against your monthly activity.

Relay is built for owners who like to split money into many accounts. The free Starter plan allows up to 20 checking accounts per business, unlimited users and up to 50 debit cards per cardholder per account, which suits owners who run a profit-first or envelope system for taxes, payroll and operating costs. It also includes bill intake with multi-step approval rules, receipt collection, invoice creation with automated follow-ups and QuickBooks and Xero integrations. Savings pay 1.19% APY on Starter, 1.87% on Grow and 3.21% on Scale, according to rates Relay lists as of September 2026. Grow costs $30 a month and adds recurring invoices, bookkeeping automations, batch vendor payments and lower payment fees, and Scale is $90 a month on a limited-time discount from $120. Relay is a financial technology company, and banking services come from Thread Bank. Transaction fees apply to some transfers, so check the fee details on the pricing page.

Novo is the simplest free account on this list for a one-person business. There is no monthly maintenance fee and no waiver requirement to track, no minimum balance and no transaction limits, and standard ACH transfers and incoming wires are free. Banking services come from Middlesex Federal Savings, F.A., and Novo says more than 250,000 small businesses use it. The tools are aimed at freelancers: invoices go out from the account with tracking and automatic reminders, and Novo Reserves lets you create up to 20 buckets inside checking for taxes, payroll or slow seasons, with rules that route money automatically. Over 10 native integrations, including Stripe, QuickBooks, Shopify, Square and Xero, keep transactions in sync. The limits are fee-related: Express ACH and services that rely on a third party, such as wires, can carry a fee shown before you send, and third party ATM fees are reimbursed only up to $7 a month. There is no paid tier with higher interest.

Lili combines a business checking account with tax and bookkeeping tools aimed at sole proprietors. The free Lili Core plan includes checking with a Visa debit card, ACH, check and wire payments, savings and FDIC insurance up to $3M through a sweep network, and Lili lists live support 7 days a week. Savings pay 2.25% APY up to $500,000, and the 4.00% headline rate applies only to balances between $500,000 and $1,000,000. Lili Pro costs $15 a month and organizes expenses into tax categories, attaches receipts and moves money toward tax payments automatically. Lili Smart at $35 a month adds accounting software with bookkeeping automation, profit and loss and cash flow reports, unlimited invoices and bill pay, and Premium at $55 adds priority service. Paid plans come with a 30-day free trial and introductory discounts. Banking is provided by Sunrise Banks, N.A. The catch is that invoicing sits behind the Smart plan, while Novo and Mercury include it free.

Amex Business Checking suits owners who already collect Membership Rewards points. The account has no monthly fees and no minimum balance requirement, and eligible Business Debit Card purchases earn 1 Membership Rewards point for every $2 spent. Points can be converted into deposits made directly into the checking account or moved to travel partners, and Business Platinum Card members get an elevated rate when both accounts share a Rewards Account. Balances up to $500K earn interest that compounds daily; the rate is shown on the vendor page and changes over time. Payments run through the Amex App with Zelle, ACH, same day ACH and wires, checks can be deposited by photo, and cash can be withdrawn fee-free at more than 70,000 Allpoint and MoneyPass ATMs. American Express offers 24/7 support from specialists. It has fewer built-in finance tools than Mercury, Relay or Bluevine, with no invoicing or bill approval features highlighted, and there are no branches for cash deposits.

Axos Basic Business Checking is a no-fee account held directly at Axos Bank, which matters to owners who prefer a chartered bank over a fintech app with partner banks. There is no monthly maintenance fee, no initial deposit and no minimum balance, and transactions are unlimited without transaction fees. Axos reimburses domestic ATM fees without a cap, which beats Novo's $7 monthly limit, and incoming domestic and international wires are free, with two domestic outgoing wires reimbursed each month. Standard FDIC coverage is $250K, and Axos says coverage can reach $265MM through IntraFi Insured Cash Sweep. The account works with QuickBooks and the Axos mobile app. A $200 welcome bonus is offered with a promo code through January 31, 2027 if you keep a $3,000 average daily balance. The trade-off is fewer built-in tools: there is no interest on Basic checking, and invoicing and expense features are thinner than on Mercury, Relay or Bluevine.

Chase Business Complete Banking is the pick on this list for businesses that handle cash and want a branch nearby. Each statement cycle includes $5,000 of in-branch cash deposits, up to 20 checks and banker transactions, and deposits at Chase ATMs at no additional charge. The account also accepts cards: Chase QuickAccept lets you take payments in the Chase Mobile app with same day deposits at no additional fee, and you can send digital invoices from Chase Business Online. Fraud tools include check monitoring and approval, payment limits and alerts. There is no minimum deposit to open. The cost is a $15 Monthly Service Fee, which Chase waives five ways, such as a $2,000 minimum daily ending balance, $2,000 in eligible Chase payment deposits or $2,000 in Chase business credit card purchases. Fees may apply beyond the included transactions and cash deposits, and checking pays no interest, so fintech accounts cost less for online-only businesses.

Bank of America Business Advantage Fundamentals Banking is aimed at new and smaller businesses with simple needs. The first 12 months carry no monthly fee, and after that the $16 fee is waived each statement cycle if you keep a $5,000 combined average monthly balance in linked business accounts, make at least $500 in new net qualified debit card purchases, or belong to Preferred Rewards for Business. The debit card carries a $0 Liability Guarantee, Zelle is available for business payments, QuickBooks integration is built in, and owners who also bank personally with Bank of America can see both accounts under one login. Businesses that outgrow it can move to Business Advantage Relationship Banking, which costs $29.95 or $0 with a $15,000 balance and adds a second free checking account and free incoming wires. The account pays no interest and offers fewer finance tools than fintech options, but the $500 debit spend waiver is easy for many active businesses to meet.

Wells Fargo Initiate Business Checking is the bank's account for the most common business needs: lower balances and fewer transactions. The monthly service fee is $15, and it drops to $0 if you keep a $2,000 minimum daily balance, hold a $5,000 average combined business deposit balance across linked accounts, or own a Wells Fargo Premier Checking or Private Bank checking account. Opening requires a $25 deposit. Day-to-day banking runs through Wells Fargo Business Online and the Wells Fargo Mobile app, which include Business Bill Pay and Mobile Deposit, and there are more than 11,000 ATMs across the country. Businesses with more activity can move to the next Wells Fargo tier, which costs $25 or $0 with a $10,000 minimum daily balance. Compared with the online accounts on this list, Initiate offers fewer finance tools and no interest, so it makes the most sense when you want in-person service and already keep $2,000 in the account.