Best Business Bank Accounts

ByCurate Best Updated on

1. Mercury – Best for Startups

Mercury.com is a fintech company that provides assess to online business banking* for startups or small business. It is popular among users for its convenient account opening process, streamlined business operations, and strong finance support for startups.

Why Choose Mercury

1.1 Fee Free

  • No required monthly fees, no minimum balance requirements, and no overdraft fees.
  • Free ACH transfer and Wire transfers sent in USD.

1.2 API Acess

Mercury integrates with numerous softwares via API, such as QuickBooks and Stripe. And offer huge discounts for these softwares.

You can automate everything you want, like invoicing and reconciliation, or approve payments instantly via Slack.

1.3 Subaccounts with permissions

Mercury can create sub-accounts for business checking and business credit cards based on roles, control employee expense and earn 1.5% cashback on all credit purchases.

1.4 Finance Support for Startups

Mercury.com offers startups two financing options: Working Capital Loans and Venture Debt.

Working Capital Loans : No personal guarantee and no prepayment fees.

Venture Debt : Minimal Equity Dilution, warrants typically 0.5–5% of company equity.

1.5 Mercury Treasury by Mercury Advisory

Earn up to 3.67% yield with lower-risk portfolios and same-day access to your money.

1.6 Deposit Insurance

FDIC insurance on deposits for up to $5M through Mercury’s partner banks and their sweep networks.

Visit Mercury.com

2. Novo Banking – Best for Online Business

Novo.co is an online business banking company specifically designed for online business owners, deeply integrated with over 1000 online services to automate data processing.

Features of Novo Banking:

  • Free. No monthly fee, no minimum balance requirment, and no overdraft fee.
  • Free Express ACH Transfer which arrives in same-day.
  • Novo Boost let you receive payouts from Stripe, Paypal, Shopify in hours.
  • Automated Bookkeeping and Invoicing.
  • Built-in Payroll : $35/month plus small fee per worker.
  • Integrate and get discounts on 1000+ services, such as Shopify, QuickBooks, and Gusto.
  • FDIC insurance up to $250,000.
Visit Novo.co

Disclosures

*Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. FDIC deposit insurance covers the failure of an insured bank. Deposits in checking and savings accounts are FDIC-insured through Choice Financial Group and Column N.A. and their Sweep Program Network Banks. Certain conditions must be satisfied for pass-through FDIC insurance to apply. Learn more here.

**The IO Card is issued by Patriot Bank, Member FDIC, pursuant to a license from Mastercard®. To receive cash back, your Mercury accounts must be open and in good standing, meaning they cannot be suspended, restricted, past due, or otherwise in default.

***Loan amounts are subject to eligibility and credit criteria. Mercury’s Venture Debt and Working Capital loans are originated by Mercury Lending, LLC (NMLS: 2606284) and serviced by Mercury Servicing, LLC (NMLS: 2606285). Mercury Lending and Mercury Servicing are wholly-owned, separately managed subsidiaries of Mercury Technologies, Inc. At this time, we are unable to offer working capital or venture debt loans to businesses operating in California.

****Mercury Treasury is designed to earn yield on idle cash up to 3.67% annually. This yield is based on the 30-day SEC Yield for MULSX as of 2/28/2026, and assumes total Mercury deposits of $20M+. Treasury accounts are subject to a monthly fee of 0.15%–0.60%, based on total Mercury balances.

Mercury Treasury is offered by Mercury Advisory, LLC, an SEC-registered investment adviser (“Mercury Advisory”). Treasury accounts are custodied by Apex Clearing Corporation (member FINRA/SIPC). Treasury accounts are not FDIC insured, are not bank deposits, and are not guaranteed by Choice Financial Group or Column N.A., and may lose value. Please review Mercury Advisory’s ADV Wrap Fee Brochure for more detail.

This is not an offer to sell or the solicitation of any offer to purchase any security. Mercury Treasury products are subject to investment risks and past performance is not indicative of future results. Some of the data contained in this message was obtained from sources believed to be accurate but has not been independently verified. Please see full disclosures at mercury.com/treasury. Mercury Advisory is a wholly-owned subsidiary of Mercury Technologies, Inc.

*****”Same-day withdrawals” only applies to funds invested in J.P. Morgan U.S. Treasury Plus Money Market Fund. Cutoff for transfers to settle same-day is 3pm ET each business day, subject to partner processing times. Read fund prospectus for additional information.

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