Washington is home to hundreds of banks that offer online and traditional banking services. If you are looking for a business checking account in Washington, there are a wide range of options available. The challenge is to find the right account for you.
Start by considering the account services. These include online and mobile banking services, bill payment services, check-writing capabilities, and others. For example, if you are primarily an online business, consider a digital bank with a robust online platform.
Second, consider the account fees, such as the monthly maintenance fee and transactional fees. Banks that offer business checking accounts with more products (usually traditional banks) charge higher fees. Consider also the minimum account balance requirements and transactional limits.
To make the process of finding the right account for your business easier, we reviewed some of the best business checking accounts in Washington based on their features, fees, and benefits.
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.