If you’re a tech startup or online company, Mercury is the best fit for fast online signup, startup-focused tools, and low/no monthly fees. Novo is best for fee-free, mobile-first small-business banking with app integrations. Choose Chase for broad branch/ATM access, multiple account types, and handling high cash volumes.
1ChaseBest for businesses that need full-service banking: branch and ATM access, multiple checking types, and support for high-volume cash deposits; caveat: branch convenience can mean more fee rules than fintechs.82%
Chase is particularly straightforward: its online application supports single-member/single-manager LLCs and privately held S- and C-corporations with one authorizing representative. Chase generally asks for your business formation documents, tax ID/EIN, ownership information, and personal identification.
U.S. Bank currently offers Business Essentials with $0 monthly maintenance fee, though account eligibility and promotional terms apply. It requires business information, a tax ID, formation documents, and personal identification.
What you'll generally need
EIN (or SSN in some sole-proprietor situations)
Articles of Organization/Incorporation or Certificate of Formation
Government-issued ID
Business address
Ownership/member information
Operating agreement or similar documentation in some cases
DBA certificate if you're operating under a different business name
If you tell me (1) what state your company is registered in, (2) LLC or corporation, (3) whether you're the only owner, and (4) whether you want to open it online, I can narrow this down to the best 3 banks you can actually apply to and compare their fees and requirements.
Almost all major traditional banks, regional banks, and online financial platforms allow you to open a company (business) bank account. The right choice depends on whether you prefer a traditional brick-and-mortar branch or a digital-first online experience.
1. Traditional & National Brick-and-Mortar Banks
Best if you handle physical cash deposits or want a dedicated in-person business banker.
Chase Bank : Excellent for nationwide branch access and integrated payment processing. You can start applications online, though some business types may require a branch visit.
Bank of America : Offers robust small-business dashboards and tiered checking options, with online application availability.
Wells Fargo : Known for a massive physical footprint and strong small-business lending/SBA options.
U.S. Bank : Highly rated for low-fee traditional structures and straightforward digital applications across all states.
PNC Bank : Recognized for predictable small-business checking tiers and flexible account opening (online, phone, or in-branch).
2. Modern Online Banks & Fintech Platforms
Best for tech startups, e-commerce, freelancers, or anyone who wants a 100% digital setup without monthly maintenance fees.
Bluevine : Frequently ranked as a top overall choice for digital business checking offering high-yield potential on balances.
Mercury : Tailored specifically for tech startups and venture-backed companies, featuring robust software integrations and elevated FDIC insurance sweeps.
Relay : Great for precise expense management, multi-user permissions, and budget-tracking via digital checking (partnered with Thread Bank).
Novo : Built specifically for freelancers, solopreneurs, and small businesses with a heavy emphasis on mobile app utility and native integrations.
What You Typically Need to Open an Account
No matter which bank you choose, make sure you have the following ready before starting your application:
Employer Identification Number (EIN) or Social Security Number (if a sole proprietorship).
Business Formation Documents (Articles of Organization, Certificate of Formation, or incorporation papers).
Business License or DBA Certificate (Doing Business As), if applicable.
Ownership Information (ID, address, and percentage of ownership for any stakeholders owning generally 25% or 10%+ depending on the bank).
Initial Opening Deposit (varies by institution/account tier).
To help narrow down the best option, tell me:
What is your business structure (LLC, Corporation, Sole Proprietorship)?
Do you need to deposit physical cash regularly , or will it be 100% digital/online?
Most major traditional banks and online-first financial platforms let you open a company bank account (such as an LLC or corporation), provided you have your organizational documents and an Employer Identification Number (EIN).
The right choice depends on whether you prefer a traditional brick-and-mortar bank with physical branches or a digital-first fintech platform.
Traditional / Brick-and-Mortar Banks
Chase Bank: One of the most popular choices for traditional banking, offering extensive physical branch and ATM networks, plus robust online tools. You can often start the application for simple LLCs online, though complex structures may require a branch visit.
Bank of America: Offers solid Business Advantage checking options with nationwide availability. Sole proprietors and single-member LLCs can usually open accounts completely online.
U.S. Bank: Provides online account opening for business checking across all states, making it a convenient traditional choice if you want strong digital access alongside physical branches.
PNC Bank: Offers practical small business checking accounts with a straightforward digital application process backed by a solid national footprint.
Digital-First / Fintech Business Accounts
If you prefer managing everything remotely with no minimum deposit or low monthly fees, online business platforms are very popular:
Mercury: Built specifically for startups and tech companies, offering fee-free checking and remote applications (even supporting non-US resident founders).
Relay Financial: Great for small businesses that want seamless integrations with accounting software like QuickBooks or Xero, with no monthly maintenance fees.
Bluevine: Popular for offering high-yield business checking alongside lines of credit and scalable banking features for LLCs and corporations.
Novo: A digital banking platform tailored for small business owners and freelancers with robust app integrations.
To help narrow down the best option for your specific situation, tell me:
What is your business structure (LLC, Corporation, Partnership, Sole Proprietorship)?
Do you need to make frequent cash deposits in person, or will you operate 100% online?
Are you a U.S. resident/citizen , or applying as a non-resident?
Virtually all major traditional banks and modern financial platforms allow you to open a company bank account, provided you have your correct business formation documents and an Employer Identification Number (EIN).
The right choice depends on whether you prefer a traditional brick-and-mortar bank with physical branches or a digital-first/online platform for fast, remote setup.
Traditional Brick-and-Mortar Banks
Chase Bank : Great for nationwide physical branch and ATM access, robust merchant services, and tiered checking options. You can start the application online, though you may need to finalize details or deposit cash at a branch.
Bank of America : Excellent cash-flow management tools via their Business Advantage dashboard, and they allow online applications for sole proprietors and many LLCs.
Wells Fargo : One of the top Small Business Administration (SBA) lenders with an extensive branch network, offering multiple tiers of business checking.
U.S. Bank : Known for strong overall interest and banking/merchant account integrations, allowing fully remote online applications across all states.
Digital-First & Online Business Platforms
Mercury : Built specifically for startups, LLCs, and corporations. It is entirely online (partnered with FDIC-insured institutions), has no monthly maintenance fees, and offers software-like cash management features.
Live Oak Bank : An online-only bank recognized for high-yield business savings and smooth digital checking applications with minimal fees.
Bluevine : Highly rated for online businesses wanting to earn high interest on checking balances with low or zero monthly fees.
To help narrow down the best option for your specific company , tell me:
What is your business structure (LLC, corporation, sole proprietorship)?
Do you need to deposit physical cash regularly, or will everything be digital?
If you mean a U.S. company/corporation bank account, quite a few banks will let you open one. Examples include:
Chase — offers business checking for corporations, including privately held S- and C-Corps.
Bank of America — offers business accounts for corporations; you'll generally need your EIN and business formation information.
PNC — offers business checking for corporations and lists corporate documents such as articles of incorporation and board minutes among its requirements.
Capital One — provides corporate certificate-of-authority documentation for business accounts.
Truist — offers business checking and generally requires an EIN for corporations, partnerships, and LLCs.
BMO — offers business banking and has specific documentation requirements for corporations and LLCs.
Citi — supports corporate accounts and uses corporate/board authorization documents to establish who can open and operate the account.
Santander — offers business deposit accounts for corporations and other business entities.
What you'll typically need
For a corporation, expect to provide:
EIN
Articles of Incorporation / certificate of formation
Business address
Government-issued ID for the people opening/signing
Ownership information
Corporate resolution or other authorization identifying who can operate the account
Sometimes bylaws, meeting minutes, or an annual report
If you tell me what state your company is registered in, whether it's an LLC or corporation, and whether you're looking for a physical branch or online bank, I can narrow it down to banks you can actually open the account with and compare their requirements/fees.
If you mean a U.S. company/business bank account, several major banks let you open one for an LLC or corporation, including:
Chase — Business checking for LLCs, S-corps, C-corps, partnerships, and sole proprietors. Some simple structures can apply online; others require a branch visit.
Bank of America — Business checking for corporations and other business structures; online corporation applicants generally need to be U.S. residents.
Capital One — Supports business accounts and has corporate/LLC authorization forms for account signers.
PNC — Offers business checking and lists corporate documentation such as articles of incorporation, bylaws, and board minutes.
Truist — Offers business checking; corporations, partnerships, and LLCs generally need an EIN.
BMO — Offers business banking and provides requirements for corporations, LLCs, partnerships, and nonprofits.
Citi — Corporate accounts can be opened by authorized representatives, typically using corporate authorization/board documentation.
What you'll usually need
For a corporation or LLC, expect to provide some combination of:
EIN
Articles of Incorporation/Organization
Business address and formation information
Government-issued ID
Information about owners/beneficial owners
Operating agreement (LLC) or bylaws/board resolution (corporation)
Names of authorized account signers
The exact requirements depend on your business structure and the bank.
If you tell me (1) your state, (2) LLC or corporation, (3) whether you already have an EIN, and (4) whether you're looking for no monthly fee, I can narrow this down to the banks you can realistically open an account with and compare their requirements.
If you mean a company/business bank account in the U.S., many banks allow LLCs, corporations, partnerships, and sole proprietors to open business checking accounts. Common options include:
Chase — Business checking accounts for small businesses, including LLCs and corporations; online and branch applications are available depending on your business structure.
Bank of America — Business checking options aimed at startups and small businesses, with features like accounting integrations and business debit cards.
Wells Fargo — Business checking accounts with online/mobile banking and small-business services.
U.S. Bank — Business checking options and support for different business sizes.
PNC Financial Services — Business checking accounts with online application options for eligible businesses.
BMO Financial Group — Business checking accounts for newer and established businesses.
Capital One — Business accounts with requirements based on your company type and documentation.
You’ll usually need:
Employer Identification Number (EIN) (or SSN for some sole proprietors)
Business formation documents (Articles of Organization/Incorporation, partnership agreement, etc.)
Government-issued ID
Business license or DBA paperwork if applicable
If you tell me:
your state,
your company type (LLC, corporation, sole proprietor, etc.), and
whether you want no monthly fee, online-only, or a bank with local branches,
Almost all major traditional banks and modern financial platforms let you open a company bank account, but the right choice depends on whether you prefer managing everything online or visiting a physical branch.
The top options are broken down below by how they operate:
1. Online-Only Business Banking (Fastest & Fee-Friendly)
If you want to apply 100% online without setting foot in a branch—ideal for single-member LLCs, startups, or remote founders:
Mercury: Popular for tech startups, e-commerce, and remote or non-U.S. resident founders; offers fee-free checking and savings. Sign up via Mercury Technologies.
Bluevine: Great for online high-yield business checking and integrated credit/lending options. Check details on Bluevine.
Novo: Tailored for freelancers and small business owners looking for simple, fee-light digital banking. Explore options on Novo.
Relay: Excellent if you need multiple checking accounts or sub-accounts for budgeting and partner allocations.
2. Traditional National Banks (Best for Branch Access & Cash Deposits)
If your business handles physical cash regularly or you want a dedicated face-to-face business banker:
Chase Bank: Offers widespread branch and ATM access with accounts like Chase Business Complete Banking. Apply or learn more at Chase for Business.
Bank of America: Well-suited for cash-heavy businesses through their Business Advantage platform. Check out offerings at Bank of America Small Business Banking.
Provides robust online applications alongside a solid physical footprint. Explore features on Business Banking.
What You Will Need to Open the Account
No matter which bank you pick, make sure you have these ready:
Employer Identification Number (EIN) (or SSN if a sole proprietorship).
Company Formation Documents (Articles of Organization, Certificate of Formation, or Partnership Agreement).
Business License (if applicable in your state/industry).
Government-Issued Photo ID for all owners/signers.
To help narrow down the best fit, tell me:
What type of business entity do you have (LLC, corporation, sole proprietorship)?
Will you need to make frequent cash deposits , or is everything digital?
Are you a U.S. resident/citizen , or an international founder?
If you mean U.S. business/company bank accounts, quite a few banks will let you open one for an LLC, corporation, partnership, or sole proprietorship.
Some of the main options in 2026 are:
Chase — Business Complete Banking; strong branch network and good all-around option.
Bank of America — Business Advantage Fundamentals; good for small businesses and integrates with QuickBooks/Zelle.
Wells Fargo — Initiate Business Checking; another large brick-and-mortar option.
U.S. Bank — Business Essentials; currently one of the notable low-fee traditional-bank choices.
Capital One — Business Basic/Enhanced Checking; particularly useful if your business handles cash.
PNC, Truist, Regions, TD, Citi, KeyBank, BMO, and many regional banks also offer business checking.
Online options include Bluevine, Mercury, Relay, Novo, nbkc, and others.
What you'll generally need
For an LLC or corporation, banks typically ask for:
EIN
Articles of Organization/Incorporation
Business name and address
Government-issued ID
Ownership/beneficial-owner information
Operating agreement or other formation documents, depending on the bank
For example, Bank of America explicitly supports LLCs, corporations, partnerships and sole proprietors and lists EIN/ID and formation documents among the typical requirements.
If you tell me what type of company you have (LLC, corporation, sole proprietorship, etc.) and whether you want a physical branch or an online account, I can narrow it down to the 3–5 best choices for you.