Open Free Business Checking  Account 

Checking Accounts for Sole Proprietors, Start-ups and Small Businesses

Are you a start-up company, a sole proprietorship, or a small business? If your business falls under any of these categories then budgeting and watching your business expenditures is extremely important to you. As a new business or a small business, saving $15 to $20 or more per month while seeming a miniscule amount definitely adds up. That money could be used for many other things including business supplies. If you find a bank that offers you to opportunity to open a free business checking account, savings like these and more become possible. Below are 10 banks that offer free business checking accounts.

BB&T has a free business checking offer that is ideal for small businesses with limited monthly check transactions and deposits. There is no minimum balance requirement and no monthly maintenance fees. It comes with free online banking and free unlimited online bill payment. You also get up to 150 free checking transactions each month, including checks paid, deposits, deposited items, and ACH debits and credits. For a small or growing company a free business checking account like this can allow your business to save on unnecessary fees, while still offering you the important business checking features that are necessary to help y your company continue to grow. Other benefits include free business check card and a no annual fee Visa business credit card with business rewards.

Bank of America has several different types of business checking accounts with fees ranging from $17/month and up. These fees can however be waived if certain conditions are met by the small business. For instance they offer a basic business economy checking account for businesses with an average balance of less than $15,000 per month. The business must also have a combined total of fewer than 150 checks paid and deposited items, each month. In addition the business must have less than $10,000 deposited per month. If the business meets the above qualifications, then in order to avoid a monthly maintenance fee of $17, the business can do one of several things per month:

1. Enrolling in Business Fundamentals and making a monthly qualifying purchase with your Business Debit Card 
2. $3,000 minimum daily balance 
3. $10,000 average monthly balance 
4. $10,000 combined minimum daily balance of linked accounts 
5. $20,000 combined average monthly balance of linked accounts 

Capital One Bank has a free business checking account for small businesses that make less than 200 transactions per month. The account comes with free online banking free online bill payment service and a free Capital One debit card. The account features include:

1. $100 minimum opening deposit and no monthly maintenance fees 
2. No monthly cycle service charge 
3. Make up to 200 transactions per month without charge 
4. Deposit up to $5,000 cash per month at no charge 
5. Business ATM cards let your employees make deposits, but not withdrawals 
6. Combined multi-account statement available 

Search for Free Business Checking Accounts

HSBC offers several different business checking accounts depending on what the circumstances and needs of the business. All of their business checking accounts include free business internet banking and online bill pay. They also include a free debit MasterCard business card and a 0% introductory APR MasterCard business credit card with no annual fee, which is subject to credit approval. Their basic business checking account is called Business Direct from HSBC. This type business checking account is ideal for businesses with a high propensity for electronic transactions and no cash handling needs. It is ideal for businesses with high online, tele-banking or ATM banking usage. The features of this business checking account include:

1. No minimum balance 
2. No monthly maintenance fee 
3. Unlimited monthly transactions at HSBC ATMs 
4. 10 free wire transfers per month
   (5 incoming, 5 outgoing) 

PNC Bank has a free business checking account for start-ups, sole proprietorships or any type of business with low monthly check writing and deposit activity. This free business checking account is for businesses with lower account balances and basic banking needs. This account comes with free online banking and bill pay. It includes a free business Visa check card and a free banking rewards program. Other benefits include:

1. $100 minimum required to open account 
2. No minimum balance requirement 
3. No monthly maintenance fee 
4. Up to 200 combined transaction items each month at no charge 
5. Deposit up to $5,000 at no charge each month 

Wachovia, a Wells Fargo Company has a free business checking account for any small business with fewer than 150 transactions per month and who is searching for a basic checking account. The benefits of the Wachovia Business Checking account include:

1. No monthly maintenance fee with minimum or average balance requirement 
2. Up to 150 no-charge transactions per month, including checks paid, deposits, deposited items and ACH debits and credits 
3. No charge for up to $5,000 in cash deposits per month 
4. Free Wachovia Business Online, including online bill pay, online statements, and balance alerts 
5. A Visa business check card 
6. All business check card transactions are free with no monthly limit 
7. Unlimited use of Wachovia ATMs 

KeyBank has a free business checking account with free online banking and bill pay. The benefits of opening a free business checking account with KeyBank include:

1. Up to 200 combined transactions per month at no charge 
2. No minimum balance requirement or monthly Maintenance Service Charge 
3. Free1 Bill Pay allows you to pay your bills quickly and easily online 
4. A free KeyBank debit card or a select business debit card that will allow you to earn Continental Airlines miles with each purchase 
5. Access at more than 1,500 ATM locations 

BBVA Compass has a free business checking account. The BBVA Compass business checking account comes with free online banking and free online bill payments. Some of the features of the free business checking account include:

1. $100 minimum opening deposit 
2. No monthly service charge 
3. Free Visa business check card 
4. 500 items processed free each month 

Republic Bank has a basic non-interest bearing checking account for businesses with low-monthly activity that are looking for no minimum balance and no monthly fees. It is called the MoneyManager Free Business Checking. It comes with free online banking and free internet bill payment. Other features of this free business checking account include:

1. No minimum balance 
2. No monthly fee 
3. Free ATM transactions everywhere! All ATM fees assessed are refunded to account by next business day. 
4. First 200 items free (checks written, deposited items, ACH debits/credits received, and deposits). Items in excess of 200 are $0.20 each. 
5. No charge for night depository 
6. Free First order of checks (up to $150 value) 
7. Free business endorsement stamp 
8. Free Merchant Services meeting/quote - Receive up to $250 towards cancellation fees when you switch to Republic Bank. 
9. Free business debit card 

TCF Bank has a free small business checking account that might be right for your business. TCF Bank offers free online banking with check images and free image statements. They also offer a business check card with plus rewards miles for business. The features of the TCF small business checking account include:

1. No account maintenance fees 
2. Write up to 200 checks per month free 
3. Deposit 200 items per month free 
4. No minimum monthly balance requirements (minimum opening deposit of $100 required) 
5. No additional bank relationships required