US Bank Business Checking Review 2025: Pros, Fees & Features

Bank of America




Member FDIC.

Offering a variety of business checking accounts tailored for startups, small businesses, and large enterprises. With a variety of account options to meet different business needs, Bank of America combines accessible branch services with a powerful online platform, allowing businesses to simplify banking, minimize fees and use a variety of financial management tools.

Bank of America Business Checking: A Versatile Solution for Businesses

Although Choose a bank for your business It can be stressful, and business owners who need flexible and reliable banking options should consider Bank of America as a potential solution. Bank of America offers accounts ranging from simple no-fee options to more comprehensive plans for high-volume business.

Has a nationwide branch and ATM network Access advanced online banking tools When it comes to expense management and invoicing, Bank of America is attractive to both traditional and digital-first businesses. In addition, businesses can benefit from relationship-based benefits, such as reduced fees for specific accounts and services, making them a strong contender for growing businesses.

Bank of America Check Review: User Opinions and Ratings

4.7/5

United Bank is highly regarded by corporate customers for its flexible banking options and extensive branch network. Many people like the flexible options of managing their accounts online, through an app, or in person. Small business owners especially appreciate the multi-tiered fee structure that can adapt to their growing transactions and business needs.

However, some customers note that certain account services, such as wire transfers and overdraft protection, may incur fees that vary by region, so it’s important to first review your bank’s fee schedule and determine your comfort level.

• Trust pilots: 4.6 out of 5 stars
• Nerd Wallet: 4.5 out of 5 stars
• Forbes: 4.6 out of 5 stars

Customers often praise U.S. Bank’s powerful digital tools and user-friendly platform, and cite the bank’s efficient setup process and customer support.

Bank of America Business Check Pricing Structure and Fees

4.8/5

Bank of America offers a variety of checking account options to meet different business needs, from small startups to larger corporations handling higher transaction volumes:

• Basic business checks: Starting price: $0 monthly maintenance fee, up to 125 free transactions per statement cycle.
• Silver Business Checking Package: Free account with limited transactions and features suitable for new business.
• Gold Business Check Package: This package starts at $20/month, offers 300 free transactions, and has a monthly cash deposit limit of up to $10,000.
• Platinum Business Checking Package: Ideal for high-volume businesses, pricing starts at $30/month with 500 free transactions and higher deposit limits.

Each account offers features such as free ACH transfers, online bill pay, and direct access to Bank of America’s extensive branch and ATM network. However, businesses handling large cash transactions should review their bank’s cash deposit limits as additional fees may apply for higher amounts.

Key Features of Bank of America

4.7/5

Bank of America offers a variety of valuable features for businesses looking for adaptable, in-person banking solutions and a reliable online experience. Take a closer look:

• Account Flexibility: A variety of business account options are available to suit the needs of small and large businesses, with tiered transaction and deposit limits.
• Extensive ATM and branch access: Use Bank of America’s extensive network of in-person services and free ATM withdrawals.
• Digital and mobile banking: Intuitive online tools and mobile apps allow for bill paying, account management and expense tracking.
• Dedicated customer support: Bank of America provides business support via phone, online chat and in-person assistance.

Do our experts use Bank of America?

5/5

For business owners who value in-person banking and digital tools, Bank of America is a good choice, especially for businesses that want tiered account options. The bank’s flexibility, nationwide reach and customer service make it an attractive option, especially for companies anticipating growth and higher trading needs in the short term.

However, businesses that require specific features, such as interest-bearing accounts or free overdrafts, may find some services costly. For businesses that need additional benefits, it may be worth exploring competitors like Novo or Bank of America.

U.S. Bank Professionals

• Multiple account options: Ideal for startups and large enterprises with flexible restrictions.
• Branch and ATM access: Extensive face-to-face transactions and customer support nationwide.
• Integrated mobile platform: Includes mobile check deposit, bill pay and budgeting tools.

Disadvantages of Bank of America

• Fee structure: There are some fees for higher transaction volumes or wire transfers.
• Limited free options: Some features, such as overdraft protection, incur fees.

Alternatives to US Bank Business Checking

If Bank of America Business Checking doesn’t meet all of your needs, here are some alternatives to consider:

methodology

This review evaluates U.S. Bancorp’s business checking features based on fee structure, user reviews, account offerings, and customer service availability, and compares them to other banks that meet business needs.

in conclusion

Bank of America Business Checking is an excellent choice for businesses looking for a flexible and easy-to-use banking solution. Its combination of in-person services and online tools makes it suitable for a variety of business needs, from small startups to large enterprises. While there are fees, Bank of America’s adaptability and comprehensive support are clear advantages for business owners.

FAQ

Is US Bank a good bank?

Yes, Bank of America is a solid choice for businesses because of its wide range of account options, extensive branch network, and strong customer service. It offers digital and physical services that benefit small businesses and large enterprises that need flexibility.

How long does it take for a business check to clear Bank of America?

Generally, U.S. Bank business checks clear within 1 to 2 business days. However, factors such as check amount and account history may affect this time frame.

How do I choose a bank account for my small business?

Consider factors such as monthly fees, transaction limits, online banking capabilities, customer support, and any additional services such as invoicing or cash management. Bank of America offers a variety of options to meet these needs, from basic no-fee accounts to comprehensive packages for businesses with higher transaction volumes.

This article was reviewed by our banking experts Tricia Jones.