Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...

PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no ...

Venmo is a low-cost option for businesses looking to accept contactless payments. NerdWallet's content is fact-checked for accuracy, timeliness, and relevance by humans. It undergoes a thorough review ...

No minimum balance requirement Expanded FDIC insurance up to $6 million 4.91% APY on a money market fund investing option A Brex business account isn’t solely a savings account. It’s a cash management ...

In its ongoing bid to appeal to small business owners, Amazon is making business accounts free for sole operators who already have a personal Prime membership. Prime members can sign up for Business ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

Liliana Hall was a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. If you’re running a new business, ...

When you’re launching a business, setting up a separate bank account to keep personal and business finances apart is one of the smartest moves you can make. But what if you don’t have an employer ...

Reconciling a business bank account is the process of checking recorded transactions against those reflected on bank statements. From there, you’ll note which transactions aren’t reflected in both ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...

The Federal Deposit Insurance Corporation (FDIC) doesn’t track average interest rates for business-specific savings accounts. However, it does track rates for general savings accounts. The national ...