Online Business Checking Account Offers Surprising High Yield
Current Market Offers and Trends
As of now, several online banks are offering competitive interest rates on business checking accounts. For example, BlueVine Business Checking offers an interest rate of up to 2.0% on balances up to $100,000, with no monthly fees or minimum balance requirements1. Similarly, Axos Bank provides a Business Interest Checking account with a 1.0% annual percentage yield (APY) on balances over $5,0002. These rates are significantly higher than the national average for business checking accounts, which typically offer negligible interest.