Traditional
U.S. Bank Business Essentials
by U.S. Bank
U.S. Bank Business Essentials is a no-monthly-fee business checking account with unlimited digital transactions and 25 free teller/paper transactions per cycle. Includes a free mobile card reader and same-day access to funds.
Open Account →FDIC Insured
Monthly FeeFree
Free Transactions25/mo
Overage Fee$0.5/txn
Min. Opening Deposit$25
Transfer Fees
Domestic Wire$20
International Wire$50
ACH TransferFree
Features
✓Mobile App
✓Mobile Deposit
✓Cash Deposits
✓Physical Branches
✓ACH Transfers
✓International Wires
✓Accounting Integrations
✗Sub-Accounts
✗Invoicing
✓Debit Card
✓Check Writing
Overview
U.S. Bank Business Essentials is a no-monthly-fee business checking account with unlimited digital transactions and 25 free teller/paper transactions per cycle. Includes a free mobile card reader and same-day access to funds.
Why we like it
Truly free with no monthly fee, unlimited digital transactions, and physical branch access at 2,000+ locations. Free mobile card reader is a nice bonus for businesses accepting in-person payments.
Who Is This For?
Small businesses and startups wanting free traditional banking
Standout Features
- No Monthly Fee
- Unlimited Digital Transactions
- Free Card Reader
- Same-Day Funds
Pros and Tradeoffs
Pros
- No monthly fee
- Unlimited digital transactions
- Free mobile card reader
- Same-day access to funds
Tradeoffs
- Only 25 free teller transactions
- No interest earned
- No sub-accounts
- Limited cash deposit options vs higher tiers
Ratings
NerdWallet4.0/5.0
Bankrate4.0/5.0
Total Reviews3,800
Key Integrations
QuickBooksXeroADP