Best Business Checking Accounts in Texas of October 2021

Katie Stiner

Whether you are just starting your business journey or looking to shift accounts, Texas has a wide range of available options. The hundreds of banks provide both online and traditional brick-and-mortar business checking account options. 

These options vary in terms of the features, fees, and benefits. Look out for accounts with basic services and features relevant to your business. For example, if your preferred method to make bill payments is through ACH, wire, or check, a traditional bank is the ideal option. If you prefer having mobile, online access, and low fees, a digital bank is more likely the better option.

Some banks charge monthly fees, ATM access fees, transactional fees, overdraft fees, and others. Also, look out for the bank’s requirements to avoid fees, such as minimum balance.

Some banks offer a method to create and send invoices. Others offer you an account that can easily integrate with third-party software such as accounting software, credit card payment processors, and other products.

We compared some of the best checking accounts in Texas based on their benefits, fees, and features to help you decide on an account suited for you.

Bank Novo Business Checking Account

bank novo logo


Monthly Fee


Min. To Open


Est. APY


Novo offers a free business checking account. It has no monthly maintenance fees or other recurring fees. The only fees charged are insufficient funds when sending checks or when a check is returned for insufficient funds. Incoming wires, domestic ACH transfers, ATMs, and paper statements are all free.

Novo allows easy integration with third-party accounting software, including Quickbooks and Xero. You can also link your Novo debit card to your Google Pay or Apple Pay Wallet. Novo also syncs with your Stripe processing account and easily integrates with Slack to get automated updates on your bank account.

If you are looking for a business checking account that is easy to use and with almost no fees, you might want to consider Novo. The bank account is also accessible in the app store for both iOS and Android devices.

What we like

  • Free ACH transfers, mailed checks, and incoming wires
  • Minimal fees and ATM reimbursements
  • Backed by FDIC insured
  • Integration with other apps
  • Doesn’t check your credit score

What we don't

  • No APY earned on your balance
  • No cash deposit
  • No outgoing wires or checkbooks

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$50
  • Min. Deposit For No Fee$0
  • Other Ways For No FeeN/A
  • Paper Statement FeeFree
  • Overdraft Fee$0
  • Negative Balance Fee$27
  • RewardsDiscounts on business tools
  • State RestrictionsNone

ATM & Debit Card

  • In-Network Domestic ATM Fee$0
  • Out-Network Domestic ATM Fee$0
  • ATM Owner Surcharge RebateOffered
  • Foregin ATM Fee1%
  • Debit Card Foregin FeeForeign fee from networks
  • Debit CardMastercard