Best business bank accounts for 2025

How we evaluated small business bank accounts

Choosing a business bank account touches every part of your financial operations. We scored leading providers on four dimensions: account economics, treasury tools, integration support, and service. Account economics covers monthly fees, minimum balance requirements, transaction limits, and interest or earnings credits on deposits. Treasury tools include bill pay, virtual cards, and integrations with accounting software. Integration support looks at ability to connect with ERP systems, payroll platforms, and spend management tools. Service considers branch access, dedicated relationship managers, and ability to escalate issues quickly when cash transfers stall. We surveyed banks that serve businesses with annual revenue between two and 50 million dollars, reviewed public pricing, and spoke with founders who migrated accounts in the past year.

Top pick: Mercury Treasury for digital-first teams

Mercury has become the default choice for venture-backed startups, but its treasury product appeals to a far wider audience. Accounts carry no monthly maintenance fee, offer up to 5.5 percent yield on idle cash through a blend of government securities, and include unlimited domestic ACH transfers. The dashboard combines banking and treasury functions so finance teams can route invoices, manage corporate cards, and monitor upcoming wires from one place. Mercury integrates cleanly with QuickBooks, NetSuite, and Ramp, and its API gives engineers programmatic control over payments approval flows. Support happens entirely online; there are no branches or cash deposits, which makes it less suitable for retail or hospitality businesses. For distributed teams with predictable digital cash flows, the lack of legacy friction makes Mercury compelling.

Runner-up: Chase Business Complete Banking for geographic reach

When you need local branches to handle cash or documents, Chase delivers the broadest footprint and robust treasury services. Business Complete Banking waives its 15 dollar monthly fee if you maintain a two thousand dollar balance or use the plan’s card processing service. The account includes 20 fee-free teller transactions per month, same-day ACH for urgent transfers, and access to Chase’s QuickAccept mobile card reader. Growing companies can bundle merchant services, business credit cards, and lending through one relationship manager. Downsides include tiered transaction fees if you exceed limits and tighter underwriting for companies under two years old. If you rely on cash handling or value in-person support, Chase remains the most versatile national option.

Best for ecommerce: Novo with Stripe integrations

Novo redesigned its account around ecommerce operators who manage revenue across marketplaces. The account has no monthly fees or minimums and connects to Shopify, Amazon, Etsy, and Stripe for automated payouts. Novo Reserves let you set aside cash for quarterly taxes or inventory replenishment. The platform also offers invoice factoring through intermediaries if you need to smooth cash flow between payouts. Novo’s physical card is limited to ATM withdrawals, but the virtual card works with spend management platforms. Customer support is handled via email and chat, which can feel slow during peak seasons, yet ecommerce founders praise the integration depth and simple reconciliation.

Best for nonprofits and community businesses: First Interstate Bank

Community banks still shine when your charter, mission, or local footprint requires partners who understand regional regulations. First Interstate Bank covers the Rocky Mountain and Pacific Northwest regions. The Community Checking account waives monthly fees for nonprofits and provides discounts on merchant services. Relationship managers support grant disbursement accounts, municipal contracts, and state reporting. Digital tools lag larger banks, and integrations rely on Plaid, but the bank assigns dedicated contacts who understand local statutes. For organizations that need board-level oversight and physical branches, First Interstate balances community focus with essential treasury tools.

What to consider before switching accounts

The best account on paper may not fit your operating style. Review monthly cash flow patterns and payment methods. Businesses that handle daily cash or need cashier’s checks should favor banks with branches and same-day support. Companies running purely digital operations benefit from online-first accounts that offer higher yields and automated reconciliations. Assess how quickly you can add authorized users, create virtual cards, or adjust approval workflows. Review fee schedules for wire transfers and international payments, especially if you pay suppliers overseas. Finally, test the bank’s fraud monitoring. Ask for sample alerts, review how disputed transactions are handled, and confirm whether you can set transaction limits per user.

Build a migration checklist

Moving bank accounts can disrupt payroll and vendor payments when not planned carefully. Map every recurring debit and credit tied to your existing account. Update payment instructions with payroll providers, benefits administrators, credit card processors, and landlords. Schedule a short overlap period where both accounts stay open, allowing outstanding checks to clear. Communicate new routing numbers to customers and suppliers at least two weeks before you expect payments. If you use cash pooling or zero-balance accounts, coordinate with your treasury management team so sweeps continue without interruption. Document each confirmation email or transaction so you can audit the migration later.

Pair banking with cash flow forecasting

A bank account is only as useful as the visibility it provides. Connect your account to forecasting tools that project cash balances 13 weeks out. Look for banks that support real-time data feeds or APIs, which keep forecasts accurate without manual exports. Set alerts when balances approach covenant thresholds or when payables exceed expected inflows. Use the bank’s analytical dashboards to spot seasonal patterns and renegotiate payment terms with suppliers. When your team can see runway clearly, you can invest excess cash confidently or respond quickly to downturns.

Keep compliance front and center

Bank compliance extends beyond the initial Know Your Business review. Banks require updated ownership structures, identification for new board members, and documentation when you expand into regulated industries. Store corporate documents, operating agreements, and licenses in a secure repository that relationship managers can access. Plan annual check-ins with your bank to review limits, discuss lending needs, and flag upcoming regulatory changes. Staying proactive reduces the risk of account freezes and improves your negotiating position when you need credit or treasury upgrades.

Bottom line

No single bank fits every small business archetype. Mercury stands out for digital-first businesses that value automation and yield. Chase excels when you need national branch coverage and bundled services. Novo wins for ecommerce operators that need tight marketplace integrations, while First Interstate bank serves nonprofits and community organizations with tailored service. Evaluate your cash flow patterns, physical footprint, and integration demands before switching. With the right bank partner, you can streamline treasury operations, protect cash, and focus on growth.