Customers get unlimited electronic transactions, and their first 200 check transactions per statement period are free. No minimum balance required and no monthly maintenance fee. However, this does not influence our evaluations. 60 mobile check deposits allowed a month. Should I use my personal bank for my business checking account? You’ll earn a great interest rate and help reach your business savings goals faster. All financial products, shopping products and services are presented without warranty. Read more. Monthly Fee $0 . Monthly fee. And unlike many other accounts listed here their account remains free so long as your business has fewer than 10 employees and less than £1.7m in annual turnover. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. She specializes in checking and cash management accounts. We'll reply to your online Inbox. Have a question or a request that we can help you with? Available online everywhere and in-person at more than 2,500 branches across 28 states. Chat with us. No monthly maintenance fee but a minimum deposit of $1,000 needed to open account. Customers receive 100 monthly transactions for free; subsequent transactions have a fee of $0.30 per $100. So when you find a business bank account, no fees is a big bonus, but there may well be lots of other charges to think about. We'd love to have you drop by one of our Tangerine Locations. Everyday Operating Accounts. 3389 Steeles Avenue EastToronto, Ontario, M2H 0A1. Can I use a personal bank account for my small business? Transactions 2 per month. ACCOUNT FEATURES & FEES. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. Up to two free in-branch deposits a month; $4 per in-branch deposit after that. For example, a $175 cash deposit is two units: 1.75 rounded up to two. It is important that you be aware of the following before accessing the linked website: If you acknowledge that you have read, understood, and accept the above and wish to proceed, click OK. Interest rate Up to . Overdraft Protection for business. Our opinions are our own. Or visit our FAQs if you need an answer that might be covered there. The best free business checking accounts don’t have minimum-balance requirements or monthly service fees. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. Open a business account on your own time. Fees. Starling Bank offers a huge range of features for a free, no fee business account.