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Finance Trio

Banking

Best Business Bank Accounts

Monthly fees, transaction limits and accounting integrations.

Last updated June 2026 · Fact-checked by the Finance Trio research desk

Advertising disclosure: we may earn a commission when you open an account through a link on this page. Rankings are determined by our published scoring model, not by compensation.

Our Top Pick
Editor's Choice
Best overall value
Highest user rating

At a glance

Comparison of top picks
ProviderAwardRatingPricingApply
RBC Digital Choice Business AccountRBC Royal Bank · CanadaBest big-bank option (Canada)4.4From $5 / mo
EQ Bank Business AccountEQ Bank · CanadaBest no-fee option (Canada)4.3No monthly fee
Novo Business CheckingNovo (Middlesex Federal Savings) · USBest for freelancers (US)4.4No monthly fee
Chase Business Complete BankingChase · USBest full-service (US)4.3$15 / mo (waivable)

The picks in detail

  • Best big-bank option (Canada)

    RBC Digital Choice Business Account

    4.4

    Low-fee digital business banking with Canada's largest branch network behind it.

    Pros

    • Scales with your business
    • Full branch access
    • Strong integrations

    Cons

    • Transaction limits on cheap tiers
    • E-transfer fees on some plans
  • Best no-fee option (Canada)

    EQ Bank Business Account

    4.3

    High interest on business balances with no monthly fee.

    Pros

    • Earns interest
    • No monthly fee
    • Free e-transfers

    Cons

    • No cash deposits
    • Newer product
  • Best for freelancers (US)

    Novo Business Checking

    4.4

    Fee-free business checking with Stripe, Shopify and QuickBooks integrations.

    Pros

    • No fees or minimums
    • Great app
    • Invoicing built in

    Cons

    • No cash deposits
    • Online only
  • Best full-service (US)

    Chase Business Complete Banking

    4.3

    Nationwide branches, built-in card acceptance and same-day deposits.

    Pros

    • Huge branch/ATM network
    • Merchant services included
    • Fee easy to waive

    Cons

    • Fee if balance drops
    • Transaction limits

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