How do these business checking accounts compare?
Quick answer: Slash is the best fit for small businesses that want checking, corporate cards, bill pay, and accounting sync in one account, at $0 or $25 a month per entity with no per-user fees. Mercury suits businesses that want free wires on a $0 plan, Ramp and Brex suit funded teams focused on expense automation (both set minimums to qualify), and BILL suits teams that mainly need accounts payable. Bluevine is the pick for interest on checking, and Chase Business Complete Banking is the pick if you need branches.
The table covers the costs most small businesses pay every month: the plan fee, ACH and wire transfers, and FDIC coverage. If a provider did not publish a figure on the page we checked, the cell says Not published.
Competitor details checked November 11, 2026, on each provider's own site.
Fees, rates, and coverage limits change. Confirm current terms with each provider before you open an account.
Which account is best for your business?
- Best for banking, cards, and bill pay in one account: Slash. Checking, corporate cards with up to 2% cash back, bill pay, invoicing, and accounting sync run from the same account. You pay $0 or $25 a month per entity, with no per-user fees.
- Best for free wires on a $0 plan: Mercury. Mercury charges $0 for same-day and next-day ACH, domestic wires, real-time payments, and USD international wires on every plan.
- Best for interest on checking: Bluevine. The $0 Standard plan pays 1.3% APY on balances up to $250,000 if you spend $500 a month on the Bluevine debit card or receive $2,500 a month in customer payments. Premier pays 3.3% APY on all balances for $95 a month.
- Best for branches and in-person banking: Chase Business Complete Banking. Chase is the only provider in this comparison with its own branches, and Business Complete Banking includes $5,000 in in-branch cash deposits each statement cycle at no additional charge.
- Best for expense automation at a funded company: Ramp or Brex. Both pair corporate cards with a business account and free same-day ACH. Ramp requires $25,000 in a business bank account and charges $15 per user on Plus, which NetSuite and Sage Intacct sync require. Brex asks funded startups for $50,000 in cash.
- Best for teams that mainly need accounts payable: BILL. BILL's AP and AR plans run $49 to $89 per user per month, and its Cash Account offers up to $200M in FDIC coverage with a BILL subscription. NetSuite and Sage Intacct sync are Enterprise-only.
Which business bank accounts have no monthly fee and free wires?
Mercury is the clearest answer. Its $0 plan includes $0 ACH, $0 domestic wires, and $0 real-time payments.
Slash Pro costs $25 a month per entity and includes $0 domestic wires, $0 same-day ACH, and $0 outgoing FedNow and RTP payments. On the Slash Free plan, domestic wires are $6, same-day ACH is $1, and outgoing FedNow or RTP payments are $5. If you send five or more domestic wires a month, Pro costs less than paying per wire on Free.
Bluevine's Standard plan has no monthly fee and free standard ACH. Outgoing wires cost up to $15, and same-day ACH costs up to $10. Ramp and Brex both offer free same-day ACH from their business accounts, but each charges per user on its paid plan. BILL charges $0.59 per ACH payment and $11.99 for faster ACH.
Which business bank accounts have no minimum balance requirement?
Bluevine states on its site that it has no minimum balance, and Ramp's business account lists no minimum deposits. Slash has no published minimum balance and does not require venture funding. To qualify for Ramp, though, you need $25,000 in a business bank account, and Brex asks funded startups for $50,000 in cash.
Check minimums on treasury products separately. Mercury Treasury requires a $250,000 Mercury balance. Slash Treasury and Brex Treasury have no minimum.
How do you choose a business checking account?
Start with how money moves through your business today. Five questions cover most of the decision.
What will you pay each month?
Add the plan fee to the payment fees you expect. A $0 account that charges $15 per wire can cost more than a paid plan with free wires once you send a few wires a month. Also check for per-user fees. Slash and Mercury charge none; Ramp Plus, Brex Premium, and BILL's AP and AR plans charge per user, so their cost grows with your team.
Do you deposit cash?
Online accounts are built for ACH, wires, and cards. If you take in cash every week, a bank with branches is usually easier: Chase Business Complete Banking includes $5,000 in in-branch cash deposits each statement cycle at no additional charge. With any online provider, ask how cash gets into the account before you open it.
Does it sync with your accounting software?
Bank feeds save hours at month-end. Slash connects to QuickBooks Online, Xero, NetSuite, and Sage Intacct on every plan, including Free. Mercury offers a NetSuite bank feed on all plans and enriched NetSuite automations on paid plans; Sage Intacct is not listed. Ramp includes QuickBooks and Xero on Free and adds NetSuite and Sage Intacct on Plus. Brex includes NetSuite on Essentials. BILL syncs QuickBooks and Xero from its Team plan and NetSuite and Sage Intacct only on Enterprise.
Can cards and bill pay run from the same account?
When cards, bills, and banking sit in separate tools, someone has to reconcile them by hand. Slash, Ramp, and Brex pair a business account with corporate cards and bill pay. BILL pairs bill pay with its Divvy card and Cash Account. Bluevine pairs checking with bill pay and up to 50 debit cards with spend limits.
Card rewards differ. Slash's corporate card pays up to 2% cash back with no cap and settles daily from your Slash checking account, so there is no interest or carried balance. Mercury's IO card pays 1.5%. Brex pays points worth 0.6 cents each as cash, BILL's Divvy card points are worth 0.52 cents each as cash back, and Ramp doesn't publish its cashback rate.
How much of your balance is FDIC insured?
Standard FDIC insurance covers $250,000 per depositor at each bank. Online providers extend that by sweeping deposits across partner banks. Bluevine offers up to $3 million, Mercury $5 million, and Brex $6 million. Slash offers up to $200 million through Column N.A.'s insured cash sweep network, and the BILL Cash Account up to $200 million with a BILL subscription. Ramp uses IntraFi's network but doesn't publish a limit. If you hold more than $250,000, this number matters as much as any fee.
What are the trade-offs?
Slash. Sole proprietorships are not eligible; Slash serves US-registered LLCs, C-Corps, and S-Corps. On the Free plan, domestic wires cost $6 and same-day ACH costs $1. If you take in cash regularly, confirm how you would deposit it before you switch.
Bluevine. Standard-plan interest depends on meeting a monthly activity goal. Outgoing wires cost up to $15, and ATM transactions outside the MoneyPass network cost $2.50.
Chase Business Complete Banking. Branches and ATMs are the draw. The $15 monthly fee can be waived five ways, such as keeping a $2,000 minimum daily ending balance. Wire pricing isn't on the account page, so confirm it with Chase.
Mercury. Mercury is a fintech, not a bank; its banking partners are Choice Financial Group and Column N.A. Its IO card charges a 3% fee on non-USD transactions.
Ramp. You need $25,000 in a business bank account to qualify, and NetSuite and Sage Intacct sync require Plus at $15 per user plus a platform fee. Ramp doesn't publish its card's cashback rate.
Brex. Funded startups need $50,000 in cash, and commercial businesses need more than $500,000 in annual revenue for monthly payments. Points are worth 0.6 cents each as cash. Capital One has owned Brex since April 7, 2026.
BILL. It's built for payables, not everyday banking. AP and AR plans cost $49 to $89 per user per month, each ACH payment costs $0.59, and NetSuite and Sage Intacct sync only on Enterprise.
Where does Slash fit?
Slash suits startups and established small and mid-sized businesses that want one account for banking, spending, and payables. Each entity is on its own plan at $0 or $25 a month (see Slash pricing), and one login can hold unlimited entities. That works well for owners who run several LLCs or locations.
Both plans include unlimited virtual cards, physical cards, merchant category limits, per-transaction limits, and multi-step payment approvals. Virtual accounts give each client, project, or location its own account number. Bill Pay sends ACH and wire payments with approval rules, and invoicing accepts ACH, wire, and card, with recurring invoices and automated reminders.
Slash's banking partner is Column N.A., Member FDIC. Slash is SOC 2 Type II and PCI DSS compliant, and more than 10,000 businesses use it.
For head-to-head details, see Slash vs Mercury, Slash vs Ramp, Slash vs Brex, and Slash vs BILL, or how Slash connects corporate cards to NetSuite and Sage Intacct.
Frequently Asked Questions
What is the best business checking account for a small business?
It depends on how you use the account. Slash fits businesses that want checking, corporate cards, bill pay, and accounting sync in one place for $0 or $25 a month per entity. Mercury fits businesses that send many wires and want a $0 plan. Ramp and Brex fit funded teams focused on expense automation, BILL fits teams that mainly need accounts payable, Bluevine fits businesses that want interest on checking, and Chase fits businesses that need branches.
Which business bank account has no monthly fee and free wires?
Mercury's $0 plan includes $0 domestic wires and $0 ACH. Slash Pro includes $0 domestic wires and $0 same-day ACH for $25 a month per entity. The Slash Free plan has no monthly fee but charges $6 per domestic wire.
Which business checking accounts have no minimum balance?
Bluevine states that it has no minimum balance, and Slash has no published minimum balance or venture funding requirement. Ramp requires $25,000 in a business bank account to qualify, and Brex asks funded startups for $50,000 in cash.
Can I deposit cash into a business checking account?
Terms vary by provider. Chase Business Complete Banking includes $5,000 in in-branch cash deposits per statement cycle at no additional charge, and deposits at a Chase ATM carry no additional charge. Online providers are built for electronic payments, so if you handle cash, ask how deposits work before you open an account.
Is my money FDIC insured with an online business account?
Yes, through partner banks that are FDIC members. Slash uses Column N.A., Mercury uses Choice Financial Group and Column N.A., Ramp uses First Internet Bank of Indiana, and Bluevine uses Coastal Community Bank. Sweep networks extend coverage to up to $200 million at Slash, $6 million at Brex, $5 million at Mercury, and $3 million at Bluevine. The BILL Cash Account offers up to $200 million with a BILL subscription.
Can a sole proprietor open a Slash business account?
No. Slash accepts US-registered LLCs, C-Corps, and S-Corps. Sole proprietorships are not eligible. There is no venture funding requirement.
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