Best free business checking account no minimum balance

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An all-in-one businesschecking accountAn all-in-one businesschecking accountAn all-in-one businesschecking account

Business Advantage Banking — business checking accounts designed to move your business forward with financial tools, services and dedicated support, all in one place.

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Remember, if your business needs change, you can switch anytime.

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Business Advantage Fundamentals™ Banking

Essential tools for your business needs.

$XXXX or $0

Avoid this monthly fee

• Efficiency tools like Cash Flow Monitor®, Erica, Mobile Check Deposit & more
• Zelle® for your business
• Access to dedicated small business specialists
• Fraud protection & security

Business Advantage Relationship Banking

Robust financial solutions to help manage your business.

$XXXX or $0

Avoid this monthly fee

All Business Advantage Fundamentals™ benefits plus:

• Easy QuickBooks® integration
• Customize account access per employee
• One extra Business Advantage Relationship Banking account and one Business Advantage Savings account can be included for no monthly fee
• No fees for incoming wires, stop payments, electronic deposits & more

Compare business checking accounts

Fundamentals™ Banking

Business Advantage Fundamentals™ Banking

Relationship Banking

Business Advantage Relationship Banking

Maintain a $XXXX combined average monthly balance

Spend at least $XXXX in new net qualified debit card purchases

Maintain a $XXXX combined average monthly balance

A full scope of tools and services — all in one place

Improve efficiency and complete daily tasks easier with these tools.

Profile linking

Easily view and manage personal and business accounts with just one login.

for your business

A fast, safe and easy way for businesses to send, request and receive money directly between eligible bank accounts in the U.S.

Cash Flow Monitor

Get cash flow projections, monitor transactions and view category balances.

Account Management

Customize employee account access and seamlessly integrate bookkeeping with QuickBooks®

No fee with Advantage Relationship Banking

Erica®

Your virtual financial assistant can help transfer or send money, search transactions & more.

Digital debit cards

Start using your debit card immediately for in-store and digital purchases.

Help when you need it — from our resource center to Small Business Specialists

Privacy & security

Enjoy business debit cards with our $0 Liability Guarantee and fraud monitoring services. Plus, if there’s ever an issue, our fraud department is here for you 24/7. For more information about protecting your business online, visit our Security Center.

Dedicated specialists

Get access to our team of dedicated Small Business Specialists, ready to provide assistance or guidance when you need it.

Small Business Resources

Find in-depth articles, tools and great information designed to help business owners start, run or grow their business.

Enrolling is easy and there’s no fee. Members have access to a wide range of benefits and rewards.

No fees

on select banking services like monthly maintenance fees, inbound wire transfers, and more.

25%-75% Rewards Bonus

on eligible business credit cards.

5% - 20% Interest Rate Booster

on Business Advantage Savings accounts.

Interest rate discounts

on new Business Advantage credit lines, term loans and secured lending.

Payroll Services Cash Back

on eligible payroll service fees.

Professional advice

Complimentary financial analysis with a Merrill® financial solutions advisor.

To qualify for Preferred Rewards for Business, you'll need:

An active, eligible Bank of America Advantage Banking account and a three-month combined average daily balance of $20,000 or more in qualifying Bank of America business deposit accounts and/or Merrill business investment accounts.

Preferred Rewards for Business Overall Program Rules:

The Preferred Rewards for Business program is only available to Small Business, Merrill Small Business, and Bank of America Private Bank® Small Business clients. Clients in the eligible business categories may enroll in the program. To enroll you must have an active, eligible Bank of America business checking account, and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America business accounts (such as checking, savings, certificate of deposit) and/or your Merrill business investment accounts (such as Working Capital Management Accounts, Business Investor Accounts, Delaware Business Accounts). The qualifying balance is calculated based on either (i) your average daily balance for a three calendar month period, or (ii) your current combined balance, provided that you enroll at the time you open your first eligible business checking account and satisfy the balance requirement at the end of at least one day within thirty days of opening that account. Refer to your Business Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. Certain benefits may be available without enrolling in the program if you satisfy balance and other requirements. Additional program information is available at: Preferred Rewards for Business.

Business Schedule of Fees

Choose your account setting

Remember, if your business needs change, you can switch anytime.

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