Best Free Business Checking Accounts Of 2025

We picked the First Internet Bank Do More Business Checking account because it earns interest, which is unusual for business checking accounts. The account pays up to 0.50% APY on average daily balances of at least $10,000, in addition to having no monthly fees or minimums. The only balance requirement is for earning interest—not for opening or keeping the account—and Do More Business Checking also offers unlimited free transactions.

Though 0.50% APY is decent and certainly better than no interest at all, this checking account is best paired with a First Internet Bank Business Money Market Savings or Business Regular Savings account. All three can be used with the bank’s Balance Optimizer tool, which automatically transfers funds between checking and savings so you always have what you need to spend while earning the best rate possible on what’s leftover.

Read our full First Internet Bank review.

Why We Like It

We like the Do More Business Checking account because it earns interest and offers unlimited free transactions.

What We Don’t Like

We don’t like its lack of physical branches and an ATM network. Also, your checking account will only earn interest on balances of at least $10,000.

Who It’s Best For

This account is best for businesses that process a large volume of transactions or businesses that like to keep a large amount of cash readily available in a checking account.

Interest for this account is compounded and credited monthly on the last day of each month. The Do More Business Checking account has no minimum deposit, balance or monthly maintenance fee. Regardless of your balance, you will be reimbursed up to $10 per month in ATM fees. First Internet Bank also offers several business deposit accounts, including a savings account, money market account and CDs.

The First Internet Bank Do More Business Checking account does not have active sign-up or referral bonuses at this time.

We picked Found for its suite of innovative features designed to help small business owners—including the ability to send trackable invoices—right from the app. Found also calculates your estimated tax bill in real time and allows you to set up automatic savings.

Why We Like It

We like this account because it provides modern features that many business owners need. Instead of toggling between spreadsheets and your bank account, you can send invoices, track expenses, manage your bookkeeping and pay your quarterly taxes all from Found’s app.

What We Don’t Like

Found is not well-suited for a traditional business that works with cash or a large transaction volume. While there are no limits on direct deposits, wire transfers, ACH transfers or transfers from apps like PayPal or Cash App, there are relatively low limits on everything else. Cash deposits are limited to $2,000 per week, check deposits are limited to $3,000 per week and transfers from a linked debit card are limited to $2,000 per week. You can only withdraw $550 from an ATM daily and make $5,000 in card purchases or transfers to payment apps daily.

Who It’s Best For

Freelancers, influencers, and small online businesses or 1099 workers looking to simplify their bookkeeping and streamline their banking will find the extensive features of Found to be useful.

Found offers several bookkeeping features, including automated expense tracking, receipt capture, one-click business reports, unlimited custom invoices, 1099-contractor payment management and accountant access. Tax management features include real-time tax estimates, write-off tracking, auto-generated tax forms and auto-saving for taxes. Found Plus includes in-app quarterly tax payments and free tax filing for annual plan members.

Found currently offers a $100 bonus to Care.com users who sign up and deposit $1,000 in total earnings into their Found accounts (terms apply).

Axos Bank’s Basic Business Checking account doesn’t have monthly fees or minimum deposit requirements, nor does it skimp out on perks. This account comes with 50 free checks, unlimited item processing, unlimited domestic ATM reimbursements, 60 free remote deposits and two reimbursements on domestic wires each month. Plus, Axos sometimes runs business bank account promotions that offer new account holders the chance to earn a cash bonus.

In addition to this checking account, Axos offers personal banking and business banking products and services—like business savings, loans, payroll and merchant services. Though Axos is a digital bank, customers can transact fee-free at roughly 91,000 ATM locations.

Read our full Axos Bank Review.

Why We Like It

We like Axos for its unlimited ATM reimbursements, QuickBooks compatibility and 24/7 customer service phone line.

What We Don’t Like

We don’t like that Axos doesn’t earn interest and doesn’t offer interest on this account or have physical locations.

Who It’s Best For

Axos is best for a moderate-volume business that can benefit from unlimited item processing, unlimited domestic ATM reimbursements and 60 free remote deposits each month.

This account does not earn interest. You’ll also get unlimited domestic ATM fee reimbursements, up to 60 fee-free remote deposits each month, and two outgoing domestic wire fee reimbursements each month.

In addition to being packed with valuable perks, this account regularly offers one of the best business bank account bonuses, so you can potentially earn a cash bonus just for opening a new account. Welcome bonus offers run for a limited time, and you must meet certain balance and activity requirements to qualify.

This account is compatible with QuickBooks. Accountholders can access up to $175 in insurance coverage through Axos Bank InsureGuard+ Savings from IntraFI Network Deposits.

Axos currently offers a welcome bonus of up to $400 when opening an account and meeting certain requirements by September 30, 2025, using offer code NEW400 on their application. To qualify, customers must maintain an average daily balance of $50,000 or more for four consecutive statement cycles.

We picked Novo for its features that make running an online business easier, including integration to Stripe, Square, Gusto and Etsy.

Why We Like It

We like Novo for its ability to connect and automate business processes with the apps you’re already using to run your business. You can take a payment in Stripe, update inventory in sheets, and pay your employee in Gusto all while Novo integrates the data in your account.

What We Don’t Like

Similar to other online business accounts, Novo does not have physical locations and does have transaction limits. Unfortunately, these limits are opaque and specific to each business.

Novo currently has limits on ACH transfers, check deposits, ATM withdrawals, and Point of Sale purchases, but to find out what these limits are you’ll have to open an account and find your limits in the “account info” section of the Novo App.

Novo also only offers customer service through their app or by email.

Who It’s Best For

Novo is best suited for eCommerce businesses or small businesses that are looking for an account that offers integration with the apps they already use to manage their business.

Novo is a banking platform, not a bank. Novo offers an Express ACH option for customers to get paid on the same day. However, this service comes with a charge of 1.5% of the transaction amount. Novo also offers discounts to customers on several partner products including $5,000 in waived Stripe processing fees, and three months free on Gusto.

Novo does not currently offer a welcome bonus.

We picked Brex because this free business account comes with two unique abilities, you can either get increased FDIC insurance, invest in a money market account or a combination of the two. Brex isn’t a traditional business bank account, it is a cash management account offered through Brex Treasury. Brex partners with several banks to provide up to $6 million in FDIC insurance on your deposits. Or you can elect to invest your money in a money market fund that pays 3.98% as of August 21, 2024.

Why We Like It

We like Brex for its low fees — no maintenance fees, $0 wires and no account minimums. It also offers higher FDIC insurance limits and a money market investment option so your money can work for you. If you’re already a Brex customer, adding a business account can allow you to manage all of your investments and banking needs in one place.

What We Don’t Like

Brex doesn’t allow you to make cash deposits or ATM withdrawals from your account. This account is not well suited for a business processing a large volume of transactions.

Who It’s Best For

Brex is best for a business owner currently sitting on a lot of capital they want to keep FDIC insured, earning money for them or a combination of the two.

Brex partners with multiple banks to offer expanded FDIC insurance on up to $6 million in deposits. Customers can choose to keep their deposits in cash, or they can invest in money market fund Dreyfus Government Cash Management Investor Shares (DGVXX). Since Brex isn’t a bank account, you cannot deposit or withdraw cash from this account.

Brex offers a sign-on bonus of 10,000 points when you spend $3,000 on your Brex card within three months of your Brex business account opening.

nbkc Bank’s The Business Account has almost no fees, making it ideal for business owners who want to keep costs down with a simple, functional account. This account has no monthly fee or minimum balance requirement, plus no overdraft, insufficient funds, dormant account or incoming domestic wire fees.

With this free business checking account, customers get online banking, bill pay and mobile and in-person check deposits at no cost. Plus, users have access to nbkc’s Business Solutions benefits, which include ACH credits and debits, desktop deposits, disbursement tools and fraud tools.

nbkc Bank branches are limited to the Kansas City area, but online banking makes the account accessible to business owners in any location. nbkc Bank uses the MoneyPass ATM network in addition to its own ATMs, plus it pays up to $12 per month in out-of-network ATM reimbursements.

Read our full nbkc Bank review.

Why We Like It

We like nbkc bank’s business account for its low fees combined with several perks that can help you run your business more efficiently.

What We Don’t Like

We don’t like that this account doesn’t earn interest and live customer service support is limited to weekdays.

Who It’s Best For

The Business Account is best for a business owner who needs several banking features for the lowest cost possible.

NBKC Bank offers a single mobile app for both business and personal banking. The account offers surcharge-free ATM access at over 37,000 MoneyPass ATMs. If you need to use an out-of-network ATM that charges a fee, NBKC refunds up to $12 per statement period. In addition to a free business checking account, NBKC Bank offers business savings deposit accounts—both money market accounts and certificates of deposit (CDs)—business loans and lines of credit, and business solutions including cash management, fraud management, collections and disbursement services.

The NBKC Bank Business Checking Account does not have active sign-up or referral bonuses at this time.