9 Best Business Bank Accounts That Integrate With QuickBooks

For a small business that uses QuickBooks for its primary accounting software, it is critical to have a business checking provider that has seamless integration with QuickBooks. Since many traditional and online-only banks integrate easily with the platform, the challenge is to find a bank with products and services that best meet a company’s needs.

After reviewing over 100 banks, here are the nine best business bank accounts that integrate with QuickBooks, with links directly to the provider:

• Chase Member Federal Deposit Insurance Corp. (FDIC) : Best overall for full-service small business banking tools with nationwide locations
• Bank of America Member FDIC : Best for ongoing rewards and low cash deposit fees
• Bluevine Provider is a fintech platform backed by and FDIC-insured through a supporting bank partnership with Coastal Community Bank. : Best for earning interest on deposits and international payments
• U.S. Bank Member FDIC : Best for businesses with low transaction volumes
• Novo Provider is a fintech platform backed by and FDIC-insured through a supporting bank partnership with Middlesex Federal Savings. : Best digital-only provider for rapid access to funds and faster payments
• Found Provider is a fintech platform backed by and FDIC-insured through a supporting bank partnership with Middlesex Federal Savings. : Best digital-only provider for self-employed professionals
• Relay Provider is a fintech platform backed by and FDIC-insured through supporting bank partnerships with Evolve Bank & Trust and Thread Bank. : Best for businesses needing multiple accounts and debit cards
• Grasshopper Member FDIC : Best digital-only bank for integrated free payment software
• Mercury Provider is a fintech platform backed by and FDIC-insured through supporting bank partnerships with Choice Financial Group and Evolve Bank & Trust. : Best for tech companies, startups, and businesses needing additional FDIC insurance

Chase: Best Overall for Full-service Small Business Banking Tools With Nationwide Locations

Why We Like Chase

Chase is our choice for the best business bank account that integrates with QuickBooks, thanks to excellent full-service banking products and services and a nationwide branch presence. It offers three types of business checking accounts and has business savings products, credit cards, lines of credit, point-of-sale (POS) systems, and software solutions.

It also has a wide range of deposit and payment acceptance options, which include Zelle, online bill pay, wire transfers, and ACH payments. Its other integrations with BigCommerce and FreshBooks allow you to get paid faster with same-day deposits. Chase also links with other popular payment software in addition to industry-specific companies. See the full list on Chase’s website.

Additionally, Chase’s entry-level checking, Business Complete Banking, has a $15 monthly fee, which can be waived with a minimum daily ending balance of at least $2,000, aggregate eligible deposits of at least $2,000, or spend of at least $2,000 on a Chase Ink Business Credit Card.

You can earn a cash back bonus by opening an account and completing qualifying activities. Visit Chase’s website or check out our best business bank account promotions buyer’s guide for details.

At present, Chase has brick-and-mortar branches in 48 states. On February 6, 2024, the bank announced its plans to open more than 500 new branches. This will make Chase accessible to more customers. Additionally, it plans to hire over 500 small business bankers, which will help nurture small business relationships and provide better support in a challenging economic climate.

Bank of America: Best for Ongoing Rewards & Low Cash Deposit Fees

Why We Like Bank of America

Bank of America is one of our top choices for the best bank account that integrates with QuickBooks. Its entry-level account—Business Advantage Fundamentals Banking—offers great ongoing rewards and low cash deposit fees. The bank also offers one of the best small business checking accounts.

The entry-level account charges a $16 monthly fee, which is waived by maintaining a $5,000 combined average monthly balance, spending at least $250 on a business debit card, or becoming a member of the Preferred Rewards for Business program.

You can get up to $500 in combined cashback rewards and statement credits with its business checking and credit card products. Also, with the company’s preferred rewards for business, you can earn 25% to 75% bonus rewards on credit cards and get a 5% to 20% higher interest rate on Business Advantage savings accounts.

In addition to its integration with QuickBooks, Bank of America business checking accounts connect well with TurboTax and Zelle. You can get credit card processing and payroll services through ADP and merchant services through Expensify.

Bank of America also offers a wide range of additional business products, including savings, certificates of deposit (CDs), lending products, and financial analysis through Merrill financial advisor.

Bluevine: Best for Earning Interest on Deposits & International Payments

Why We Like Bluevine

Bluevine, which tops our list of the leading online business banks, is a great option for a QuickBooks-integrated bank account. Bluevine offers three business checking plans, Standard, Plus, and Premier.

Bluevine Standard earns 2.0% on qualifying balances up to $250K. You can also upgrade to premium plans, Bluevine Plus, and Bluevine Premier for higher APY. Check out our Bluevine business checking review for more details.

Bluevine also integrates with Xero, and you can connect with business payment solutions such as Wise, Venmo, and Expensify. You even get a free debit card and two free checkbook orders annually.

You can also send payments internationally to 32 countries in up to 15 currencies. Those payments can be received in as little as 24 hours. Additionally, Bluevine offers a Mastercard credit card to eligible customers. This credit card charges a $0 annual fee and provides unlimited 1.5% cash back for every $1 eligible purchase.

U.S. Bank: Best for Businesses with Low Transaction Volumes

Why We Like U.S. Bank

Now available nationwide, U.S. Bank’s Silver Business Checking is another great option for QuickBooks users. It is one of the few traditional bank accounts with no monthly fee.

The account allows for 125 free transactions and $2,500 in cash deposits monthly, making it a good choice for businesses with lower transaction volumes. U.S. Bank does have two higher-tier accounts that offer more free transactions, but those come with a waivable monthly fee.

It also offers integration with its own payment processing service. You can even link your account to most popular third-party payment software, including Zelle. Also, the company offers business lending, cash flow products, and point-of-sale (POS) services.

You can earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online (promo code: Q2AFL24) and complete qualifying activities, subject to certain terms and limitations—offer valid through August 30, 2024. Member FDIC.

Novo: Best Digital-only Provider for Rapid Access to Funds & Faster Payments

Why We Like Novo

With outstanding integrations and two internal services that help you get paid and send payments faster, Novo is another great choice for a business account that integrates with QuickBooks. It has a series of additional integrations, including Slack, Xero, Stripe, Square, PayPal, Wise, and Shopify.

Novo Boost and Express ACH allow you to send and receive payments faster than with other providers. If you accept payments from Stripe, Novo Boost lets you receive payments sent from your Stripe account faster than other providers. Users can connect Stripe, Square, or PayPal and get paid via card, Apple Pay, Google Pay, PayPal, or Venmo. Meanwhile, Express ACH enables you to accept or send same-day ACH payments.

Novo refunds ATM fees up to $7 each month. It also has no monthly fee, transaction limits, minimum opening deposit, or minimum balance requirement.

Found: Best Digital-only Provider for Self-employed Professionals

Why We Like Found

QuickBooks offers a specific product for freelance and self-employed professionals, which you can learn more about through our QuickBooks Solopreneur review. For those business owners, Found is a great choice for a business bank account. In addition to integrating with QuickBooks, Found provides an all-in-one product that allows you to use bookkeeping integrated directly into the app. You can categorize expenses, capture receipts, and set custom rules with its app.

Found also offers unlimited free and customizable invoicing. You can accept payment for those invoices through payment apps like Cash App, PayPal, Square, Venmo, and eBay. The provider also comes with contractor management, which allows you to request and manage W-9s, 1099 payment reports, contractor tax forms 1099-NECs, and more.

The company’s business checking is fee-free without transaction limits. It also includes robust tax tracking and preparation software, allows you to complete and send your Schedule C directly from the app, and lets you pay your tax bill directly.

Some of Found’s features are only included in Found Plus, which is $14.99 per month. You do get interest-bearing checking with Found Plus, earning 1.5% APY on balances up to $20,000.

Relay: Best for Businesses Needing Multiple Accounts & Debit Cards

Why We Like Relay

Small businesses with complex finances and large teams that benefit from the scalable nature of QuickBooks could also benefit from a business bank like Relay. It provides users with up to 20 checking accounts, allowing you to separate reserves for different expenses. You can also get up to 50 Visa debit cards, which can help maintain spend controls across your team.

You can now deposit cash into your Relay account at any of the 55,000 Allpoint ATMs nationwide. You are limited to $1,000 per transaction and $2,000 per day but this fee-free option to deposit cash gives Relay a considerable advantage over other fintechs on this list.

Relay is great for businesses that send frequent wire transfers. With Relay Standard, the most you will pay for wire transfers is $10. If you upgrade to Relay Pro, they are entirely free. Neither checking product has transaction limits or minimum balance requirements.

Relay Pro costs $30 per month, which is not waivable. It offers additional premium features, including auto imports from QuickBooks Online and Xero. See Relay’s website for a full list of Relay Pro perks.

Grasshopper: Best Digital-only Bank for Integrated Free Payment Software

Why We Like Grasshopper

While Grasshopper offers integration with QuickBooks, the company also includes Autobooks for free with each account. This allows you to have integrated invoice and payment software with your business checking.

The provider has a solid, interest-earning business checking product. There are no monthly fees or minimum balance requirements, and you can earn up to 2.25% APY. Balances less than $25,000 and greater than $250,000 still earn a solid 1.51% APY.

While there is no minimum or cap on balances that earn APY, customers must maintain a minimum average balance of $10,000 with no nonsufficient funds (NSF) items during the preceding 12 calendar months.

In addition to integrating with QuickBooks, Grasshopper integrates with Plaid. Grasshopper offers connection instructions with both companies on its website.

If you have a business that makes a lot of debit card purchases and carries a high balance in the account, Grasshopper’s earning power can rival any other bank in this guide. Its account is fee-free with no minimum balance requirements, though you must deposit $100 to open it.

One drawback is that cash deposits are not permitted. In addition, Grasshopper’s free ATM network is also a little smaller than some of its competitors, with no ATM fee reimbursement out-of-network.

Mercury: Best for Tech Companies, Startups & Businesses Needing Additional FDIC Insurance

Why We Like Mercury

Tech companies and startups looking for a bank account with a QuickBooks integration should consider Mercury, which offers free checking and savings accounts without minimum deposit or balance requirements. Most businesses incorporated in the US are eligible for an account, except sole proprietorships and trusts.

The bank offers an interest-bearing product called Treasury, which you can request once you have over 500,000 in your Mercury accounts. Money in the Treasury account can earn up to 5.39% APY, with rates changing weekly.

The biggest perk of Mercury is its Vault product. Mercury will use partner banks and a sweep network to insure business funds of up to $5 million. In addition, Mercury has great software integrations with QuickBooks and Xero and other integrations with Shopify, Stripe, Zapier, Amazon, and PayPal.

You can get a $300 cashback bonus if you spend $2,000 on your debit or credit card within the first 90 days of account opening by using our link to sign up for an account.

Customers seeking an opportunity to meet investors to pitch their startups can also apply for the Mercury Raise program to participate in events, find mentors, and access a source for funding. Mercury also presents an investor database on its website, where a list of seed and preseed investors for different industries can be found.

How We Evaluated the Best Business Bank Account That Integrates with QuickBooks

In compiling this buyer’s guide, we reviewed more than 100 banks and their primary business checking accounts. When we evaluated the best business bank account that integrates with QuickBooks, we considered:

• Which account has an easy integration with QuickBooks
• Required opening deposit and balance minimums
• Transaction limits before fees
• ACH and wire transfer fees
• ATM fees and availability
• Other software integrations in addition to QuickBooks
• Cash deposit fees and availability
• Interest yield, if applicable
• Other checking account perks
• Software integrations
• Other business services provided
• Lending products provided
• Customer service
• Customer reviews

What You Need to Open a Business Bank Account

Though each provider above may require different documents to open a business bank account, here is a general list of what you will need:

• Employer identification number (EIN) or Social Security number (SSN) if you’re a sole proprietor
• Fictitious business name certificate or doing-business-as (DBA) certificate
• Business formation documents
• Organization documents, including your ownership agreements
• Business licenses
• Government-issued photo ID, such as a passport or driver’s license

You may be interested in our guide on how to open a business bank account. It includes a downloadable checklist of documents banks typically require upon account opening.

Frequently Asked Questions (FAQs)

Yes. QuickBooks allows you to add multiple bank accounts within the software, including credit card accounts.

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If you want to streamline your account reconciliation, then yes, linking your bank account with QuickBooks is beneficial. You can automate the process of financial data entry, which leads to fewer errors.

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QuickBooks does not place a limit on the number of bank accounts that you can connect with the software.

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Yes, Chase imports card transactions automatically into the QuickBooks account you linked to the bank. The import process is performed daily.

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Yes. Once you connect your bank account with QuickBooks, the software downloads transactions automatically.

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Bottom Line

Businesses relying on QuickBooks to handle their accounting needs can choose from any of the providers listed in our guide—all of them offer the best QuickBooks-integrated bank account. You can choose whichever has the products and services that best fit your company’s needs.