Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

BlueVine Business Checking review

Last updated:  

A digital bank account with impressive perks: Earn 1% APY with free transactions.

finder.com’s rating: 4.5 / 5.0

★★★★★

BlueVine Business Checking is best for small business owners, contract workers and freelancers who want a free account with impressive perks. It has no monthly fees and rewards you with 1% interest on balances of up to $100,000. But although it accepts cash deposits, you’ll pay $4.95 each time.

$0 per month

Fee

1.00%

APY

$0

Minimum deposit to open

Details

APY1.00% on balances of $0 to $100,000
Fee$0 per month
Minimum deposit to open$0
ATMs38,000+ MoneyPass® locations nationally
ATM transaction fee$0
Out-of-network ATM fee$0
Overdraft fee$0
Nonsufficient funds fee$0

Expert review

Cassidy Horton

Review by


Cassidy Horton is a writer for Finder, specializing in banking and investments. She has a Bachelor of Science in Public Relations and a Master of Business Administration from Georgia Southern University. Cassidy enjoys educating people about financial services, exploring the Pacific Northwest and watching endless reruns of The Office.

Expert review

The BlueVine Business Checking account stands apart for its impressive 1% APY, free transactions and no minimum deposits or monthly fees.

While there are other business checking accounts out there that earn interest and others that have no fees, it’s rare to find one that offers both perks.

For example, Radius Bank Tailored Checking offers interest, but you’ll pay a $10 monthly fee. And while TIAA Bank’s Small Business Checking account is free and bears interest, you’ll only earn 0.12% APY, which is much lower than what you’ll earn with BlueVine Business Checking.

But BlueVine Business Checking does have a few drawbacks. You won’t earn interest on balances over $100,000 and you’ll pay $4.95 each time you deposit cash at a Green Dot location. BlueVine Business Checking also doesn’t currently integrate with any accounting software.

How do I open a BlueVine Business Checking account?

It takes 60 seconds to sign up for a BlueVine Business Checking account using these steps:

  1. Click Apply now.
  2. From the official Bluevine website, click on the Business Checking tab and select Sign up for free.
  3. Enter your full name, email address and phone number.
  4. Create your password and click Get Started.
  5. Enter your business information and click Next.
  6. Enter your personal information and click Finish.

Eligibility

Open a BlueVine Business Checking account when you meet these requirements:

  • Small business owner
  • At least 18 years old
  • US citizen or resident
  • US residential address
  • Not in the adult entertainment, gambling, weapons and firearms or illegal substances industries

Required information

Here’s everything you’ll need to open your account:

Business information:
  • Business name
  • Business address
  • Business phone number
  • Social Security number or employer identification number (EIN)
  • Entity type
  • Annual revenue
  • Industry
Personal information:
  • Full name
  • Home address
  • Phone number
  • Date of birth
  • Social Security number
  • Percentage of ownership

What are the benefits of a BlueVine Business Checking account?

With BlueVine Business Checking, you can pay bills online, instantly lock your debit card from your phone and schedule one-time or recurring payments. Your account comes with two free checkbooks and these unique perks:

  • Unlimited transactions. Open this account with as little as $0 and enjoy unlimited transfers, deposits and withdrawals for free.
  • No hidden fees. Unlike other banks, Bluevine doesn’t charge any fees for monthly maintenance, incoming wires, non-sufficient funds and more. Plus, there are no minimum opening deposit requirements.
  • Earns interest. Earn an impressive 1% APY on balances up to $100,000 in your BlueVine Business Checking account.
  • Accepts cash deposits. Deposit cash or checks at over 90,000 Green Dot locations nationwide, a rare perk considering most online bank accounts don’t accept cash at all.
  • Software integrations. Bluevine syncs with accounting software like QuickBooks Online, Wave, Freshbooks and more. You can also connect your account to PayPal, Stripe, Expensify and other business tools.

Bluevine’s ATM network and fees

Use your Bluevine Business Debit Mastercard to withdraw cash for free at over 38,000 MoneyPass ATMs nationwide. If you use a machine outside of this network, Bluevine won’t charge you a fee, but the ATM operator might. Bluevine doesn’t reimburse fees from using ATMs out of its network.

ATMs in the Bluevine network don’t accept cash deposits. Instead, you’ll need to visit any of the 90,000 Green Dot locations to make deposits.

What should I look out for?

BlueVine Business Checking has its perks, but there are a few things to watch out for:
  • Fee for cash deposits. You’ll pay $4.95 when you deposit cash at a Green Dot location.
  • No savings account options. BlueVine Business Checking is the only bank account you’ll find with Bluevine. If you’re hoping to keep your checking and savings in one place, you may want to keep looking.

Looking for a free account that integrates seamlessly with your accounting software? Compare the best free business checking accounts.

Compare Bluevine Business with other checking accounts

Use this table to see how BlueVine Business Checking stacks up against other business checking accounts. Sort by minimum deposit to open, fees and more.

Name Product APY Minimum deposit to open ATMs Out-of-network ATM fee
NorthOne Business Banking
N/A
$50
More than 300,000 ATMs across America.

$0
A digital bank account featuring free cash deposits, on-demand customer support and streamlined bookkeeping integrations.
Lili
N/A
$0
32,000 fee-free ATMs nationwide
$2.50
A checking account designed for freelancers with no account fees and no minimum balance.
Novo
N/A
$50
Novo doesn't charge ATM fees and will reimburse any non-network fees you incur
$0
A low-fee online checking account designed for small businesses and startups, but you won’t be able to deposit cash.
BlueVine Business Checking
1.00%
$0
38,000+ MoneyPass® locations nationally
$0
A digital account that earns 1% APY, offers unlimited transactions and no monthly fees.
Chase Business Complete Banking
N/A
$0
over 16,000 in-network ATMs
$2.50
This Chase business checking account has built-in card acceptance using a smartphone card reader. $300 bonus offer
Brex Cash account
0.01%
$0
Brex Cash is an innovative cash management account that lets business owners choose whether to save or invest funds.
Axos Bank Basic Business Checking
N/A
$1,000
ATM fees reimbursed at any ATM nationwide
No monthly maintenance fees, a low minimum deposit requirement, unlimited domestic ATM fee reimbursements and $100 bonus
Radius Bank Tailored Checking
0.10%
$100
More than 20,000 ATMs + unlimited ATM surcharge rebates
$0
with Tailored Checking get free ATMs worldwide and unlimited penalty-free transactions.
Axos Bank Business Interest Checking
Up to 0.81%
$100
ATM fees reimbursed at any ATM nationwide
Earn up to 0.50% APY and pay no monthly maintenance fee with an average daily balance of at least $5,000.
Square
N/A
$0
Anywhere Mastercard is accepted
Use your business debit card anywhere Mastercard® is accepted, with no monthly fees, sign-up fees, or annual fees.
loading

Compare up to 4 providers

How long will it take to get my card?

Once your account is approved, you’ll instantly get a virtual debit card to use online and through ApplePay or GooglePay. Your physical debit card will arrive in the mail within seven to 10 business days

How do I deposit or withdraw my money?

BlueVine Business Checking gives you several ways to access your money:

Deposits

  • Direct deposit
  • Check deposit via mobile app or at a Green Dot location
  • Cash deposit at a Green Dot location
  • Domestic wire transfer
  • ACH transfer from an external bank account
  • Transfer from a linked bank account

Withdrawals

  • Cash back at an ATM
  • Domestic wire transfer
  • ACH transfer to an external bank account
  • Transfer to a linked bank account
  • Cash back at a retailer

Frequently asked questions

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Go to site