Best Business Checking Accounts in Wisconsin of December 2021

Katie Stiner

If you are searching for a business checking account that meets your specific needs in Wisconsin, there is a wide range of options available.

When choosing an account, start by considering the basic features. These include the ability to deposit cash and checks, make withdrawals, check-writing capabilities, online and mobile banking access.

The next factors to look out for are the account fees, requirements, and limits. Most banks charge account maintenance fees, while others charge transaction fees, and others. If you are starting your business journey, consider keeping costs at a minimum. Also, consider the account minimums, such as balance requirements and the transaction limits, if any. Knowing this will help you avoid incurring extra costs that may come when you go over or below the set limits. 

We reviewed some of the best business checking accounts in Wisconsin based on the services, benefits, and cost. Use our comprehensive review to compare the options and find the most suitable match for your business.

Bank Novo Business Checking Account

bank novo logo

$0

Monthly Fee

$50

Min. To Open

N/A

Est. APY

Overview

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