Finding a business bank account with a zero monthly maintenance fee can help small businesses and startups save money while keeping finances organized. Many modern digital banks now offer free business checking without minimum balance requirements or hidden charges. Below is a carefully selected list of the top 10 business bank accounts with no monthly fees, focusing on reliability, features, and ease of use.
1. Bluevine Business Checking
Bluevine offers one of the most popular free business checking accounts for entrepreneurs. There are no monthly maintenance fees and no minimum balance requirements, making it ideal for startups and freelancers. The account also provides high-yield interest on eligible balances, which is rare for business checking accounts. Users can enjoy unlimited transactions and digital invoice payment integration. The mobile app is simple and efficient for on-the-go banking. Bluevine also supports ACH transfers and bill payments. Customer support is available via email and chat, helping business owners manage finances smoothly without extra cost.
2. Novo Business Checking
Novo is a fully digital business banking platform designed for small business owners and freelancers who want simplicity. There are no monthly fees, no minimum deposit requirements, and unlimited free transactions. Novo reimburses ATM fees worldwide, which is great for traveling entrepreneurs. The platform integrates well with popular business tools such as Stripe and Shopify. Transfers, payments, and bookkeeping exports are easy to manage through the mobile app. However, Novo does not offer cash deposit services since it operates online only. Overall, it’s perfect for e-commerce and service-based businesses.
3. Axos Bank Basic Business Checking
Axos Bank provides a reliable traditional-style online business account with zero monthly maintenance fees. The Basic Business Checking account requires no minimum balance and includes unlimited domestic ATM reimbursements. Businesses can send and receive payments using ACH and wire transfer services. This account is suitable for small business owners who want professional banking services without branch visits. Axos also provides strong security features and FDIC insurance protection. Customer service is available through phone and online chat, ensuring quick problem resolution for busy entrepreneurs.
4. Mercury Business Banking
Mercury is a popular banking choice among startups and technology companies. The platform offers free business checking with no monthly fees, no overdraft fees, and no minimum balance requirement. Mercury provides powerful financial management tools, including team access controls and expense tracking. Integration with venture funding accounts makes it attractive for high-growth startups. Domestic and international wire transfers are supported. However, cash deposit services are not available. Mercury is best suited for online businesses, SaaS startups, and remote teams managing digital payments.
5. Found Business Checking
Found combines banking and bookkeeping automation into one platform. The account has no monthly maintenance fee and offers automatic expense tracking, tax saving tools, and receipt scanning features. This is especially useful for gig workers and independent contractors. Found supports business debit card payments, mobile check deposit, and budgeting analytics. The platform also helps users set aside money for taxes automatically. While it is primarily a digital-first bank, the convenience of integrated accounting makes it attractive for freelancers who want simple financial management.
6. Capital One Basic Business Checking
Capital One offers a solid brick-and-mortar banking option with a free Basic Business Checking account. There is no monthly maintenance fee and no minimum opening deposit. Businesses can access physical branches, ATMs, and mobile banking features. The account supports online bill payments, check deposits, and transaction monitoring. It is suitable for small businesses that occasionally need in-person banking services. While transaction limits apply, the account is still a cost-effective solution for new business owners looking for a reputable large bank.
7. First Internet Bank Free Business Checking
First Internet Bank provides one of the best free business checking accounts for online-focused companies. There are no monthly maintenance fees and no minimum balance requirements. The account includes unlimited transactions and mobile banking access. Businesses can also benefit from competitive interest rates compared to traditional checking accounts. Wire transfers, ACH payments, and remote deposit capture are available. This account is especially suitable for e-commerce sellers and remote service providers who prefer online financial management.
8. Relay Business Checking
Relay is designed for modern teams and startups needing multi-user financial control. The platform offers up to 20 separate checking accounts under one business profile, all without monthly fees. Users can issue employee debit cards and manage spending limits. Integration with accounting software makes bookkeeping easier. Relay supports ACH payments and team expense tracking. While it is a digital-only platform, its collaboration-focused features are excellent for growing businesses with multiple departments or remote workers.
9. U.S. Bank Silver Business Checking
U.S. Bank offers the Silver Business Checking account, which can be maintained without monthly fees if certain conditions are met, such as maintaining a specified balance or transaction activity. The account provides access to nationwide branches, business debit cards, and online banking tools. Businesses that occasionally deal with cash deposits may find this option helpful. It also supports payroll processing and vendor payments. While not completely unconditional free banking, it can be effectively fee-free for active small businesses that meet the waiver requirements.
10. Discover Bank Business Checking
Discover Bank provides a straightforward business checking account with zero monthly maintenance fees and no minimum balance requirement. The account includes cashback debit rewards, which is a unique advantage. Business owners can use mobile check deposit, online bill pay, and secure digital transfers. Customer service is highly rated for responsiveness. Although Discover has limited physical branch presence, its online platform is reliable and beginner-friendly. This account is a good choice for small businesses that prefer simple, reward-based banking without complex fee structures.
Conclusion
Choosing the right business bank account can help you reduce operating costs while keeping finances organized. The best free business accounts provide essential features such as unlimited transactions, mobile banking, and secure payments without charging monthly fees. Whether you are a startup, freelancer, or small business owner, options like digital-first fintech banks and traditional institutions offer reliable solutions. Compare features, accessibility, and integration tools before deciding. A no-monthly-fee business account is a smart step toward efficient and cost-effective financial management.