Running a business is a daunting task, but choosing the right digital business bank can make your financial management much easier. With so many options available, it’s important to do your research and find the bank that meets your needs. Below, we’ll explore the top digital business banks to help you make an informed decision.
1. Chase Business Checking
Chase Business Checking is one of the most popular digital business banks. It offers a variety of features, including mobile banking, online bill pay, and account alerts. Additionally, Chase offers a large network of ATMs and branches, making it easy to access your funds.
One of the biggest advantages of Chase Business Checking is its low fees. There is no monthly maintenance fee for the first three years, and after that, the fee is only $15 per month. This makes it an excellent option for small businesses.
2. Bank of America Business Advantage Checking
Bank of America Business Advantage Checking is another great option for small businesses. It offers a variety of features, including online and mobile banking, account alerts, and cash management tools.
One of the biggest advantages of Bank of America Business Advantage Checking is its rewards program. You can earn cash back on purchases, and there are no fees for transactions at Bank of America ATMs. Additionally, the bank offers a variety of business loans and credit cards.
3. Capital One Spark Business Checking
Capital One Spark Business Checking is an excellent choice for businesses that need flexibility. It offers unlimited transactions, online banking, and mobile banking. Additionally, the bank offers a variety of tools and resources to help you manage your finances.
One of the biggest advantages of Capital One Spark Business Checking is its low fees. There is no monthly maintenance fee, and the bank offers a variety of other fee waivers. Additionally, the bank offers a variety of business loans and credit cards.
4. Azlo
Azlo is a digital business bank that is designed specifically for freelancers, entrepreneurs, and small businesses. It offers a variety of features, including mobile banking, online invoicing, and a debit card.
One of the biggest advantages of Azlo is its low fees. There are no monthly maintenance fees, and the bank offers unlimited transactions. Additionally, the bank offers a variety of business loans and credit cards.
5. Novo
Novo is a digital business bank that is designed specifically for startups and small businesses. It offers a variety of features, including mobile banking, online invoicing, and a debit card.
One of the biggest advantages of Novo is its low fees. There are no monthly maintenance fees, and the bank offers unlimited transactions. Additionally, the bank offers a variety of business loans and credit cards.
Conclusion
Choosing the right digital business bank is essential for the success of your company. Consider your needs and preferences, and compare the features and fees of each bank before making a decision. Whether you choose Chase Business Checking, Bank of America Business Advantage Checking, Capital One Spark Business Checking, Azlo, or Novo, you can rest assured that you’re getting the best service for your money.