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3 Best Business Banking Accounts

Hopefully your business has more than just pennies to keep in the bank. If so, here are our top banking options. Start saving soon for your next business expense. They are always coming. We may have had to sell a kidney to keep feeding our dreams. 

Looking for something else? Jump below the fold for some additional options. If you disagree with our assessment, we'd love to hear from you. Shoot us an e-mail at Support@ThePennyJar.com. Change our mind and be handsomely rewarded with some TPJ swag.

Chase Business Total Savings


  • Low $25 opening deposit
  • $10 monthly service fee (waived if linked to Chase Total Business Checking®
  • FDIC insured
  • Link to your business checking account to fund overdraft protection 


Bento Prepaid Business Card


  • $29 Monthly Fee
  • Manage up-to 10 employee cards
  • Set employee spending limits by day, week, month, or even by merchant category
  • Turn off employee cards instantly

Chase Total Business Checking®


  • Monthly Service Fee $12 when you are enrolled in Paperless Statements (or $15 for paper statements); waived when you maintain a $1,500 minimum daily balance
  • Provides up to 100 transactions per month without a fee, plus unlimited electronic deposits (excluding wires)
  • $5,000 in cash deposits each month without a fee
  • Allows incoming and outgoing domestic and international wires

Additional Business Banking Products

Spark Business Basic Checking®


  • $15 Monthly Fee, Waived with $2,000 monthly balance, or with two or more active qualifying Capital One business products
  • Unlimited transactions
  • Free Overdraft Protection with a linked small business deposit account

Spark Business Advantage Savings


  • $250 minimum opening deposit
  • $3 monthly service fee waived with $300 minimum balance
  • Promotional interest rate guaranteed for the first 12 months


Business Fundamentals® Checking


  • $16 Monthly Fee, Waived with an account balance over $5,000 or $250 a month in spending
  • QuickBooks integration for $15 month
  • Add a Business Credit Card to help manage your cash flow

Business Advantage Savings


  • Earn interest on excess funds without locking into a fixed term
  • No monthly maintenance fee when paired with Business Advantage Checking Solution
  • Link to the Business Advantage Checking solution and use your combined balances to waive the monthly checking fee

BBVA Business Savings


  • $100 minimum opening deposit
  • Competitive interest rates
  • $5 monthly Service Charge, waived in statement cycles when either $500 minimum average daily collected balance is maintained or an automatic recurring monthly transfer of $25 or more from a BBVA Compass checking account to savings is established

BBVA Compass ClearConnect℠ for Business Checking


  • No monthly Service Charge
  • Up to $5,000 in cash processing per month
  • Unlimited debit card and ATM transactions at no additional charge1
  • Total of five processed checks and in-branch withdrawals2 and two in-branch deposits3 processed per month at no additional charge
  • No BBVA Compass fee to use another bank’s ATM