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Tafkam Hokie

Joined: 10/07/1999 Posts: 35179
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Any suggestions for a small business checking acct?


For my handyman business I started last year, I went with a small local bank that seemed to have a pretty simple and favorable small business checking account. But a few months in, and I swear they are hitting me with $1, $2, and $3 service charges on almost every transaction. And for the life of me, I cannot locate anything that discloses their fee schedule, so all of these are a surprise and I have no idea what they are for.

Combine that with the shady contract language they tried to slip in when I was looking at getting a credit card processor, and I'm not really happy with them.

Luckily, it's a free market and I have options.

So anyone have a small business checking acct they are happy with that has minimal and clearly communicated fees? I'm OK with an online-only bank, but for physical locations I'm in the NRV. This is for pretty low volume transactions...still getting the business off the ground and it's really just a side-hustle for now.

Posted: 02/28/2021 at 11:31AM


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Current Thread:
 
  Any suggestions for a small business checking acct? -- Tafkam Hokie 02/28/2021 11:31AM
  If there is a PNC in your area, they have a small business account where a -- Galenahokie 03/01/2021 07:27AM
  If you are a sole proprieter -- RTFC 02/28/2021 10:07PM
  If you're looking for something local that's not a bank you should check -- AbsolutVT03 02/28/2021 7:34PM
  Why does it have to be a small business checking per say? Just open an -- UTPr0sim 02/28/2021 6:21PM
  I like Atlantic Union bank though when I started with them two mergers.... -- RUHokie 02/28/2021 4:36PM
  NOT Suntrust ** -- FfxStationHokie 02/28/2021 2:21PM
  That's Suntrust now Truist. ** -- PhotoHokieNC 02/28/2021 3:20PM
  Huh.... I've been with BB&T since 2008 and had zero issues at all. -- Hokie CPA 02/28/2021 3:13PM
  Inside -- FfxStationHokie 02/28/2021 3:39PM
  If you are now taking credit cards it may be the transaction fees from that -- DonHo-kieHi 02/28/2021 2:14PM
  Using Square to process credit cards -- Tafkam Hokie 02/28/2021 2:59PM
  Most banks have rate/fee schedules available upon request -- One4VT 02/28/2021 1:03PM
  Less fees at Credit Unions -- sdawg 02/28/2021 12:36PM
  BB&T now Truist ** -- PhotoHokieNC 02/28/2021 11:32AM

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