Business Checking Account

[hmiles619]

Am I going to encounter a fee pretty much wherever I go?

[CobyPhoto]

Nope, I use Capitol One and I never pay fees for checking. Keep looking, there are Banks out there willing to waive fees just to have your money in the bank!

CJ

[ndsimm]

depending on the amount of business, they will offer you free checking for business accounts......Chase used to charge me a fee until I told them I was gonna move to compass free checking and they dropped the fees.....

[Sonny]

I use my credit union. two personal checking accounts, one business checking account, and three savings accounts...no fee what so ever.

[henryp]

Make sure the banks offering free accounts don't limt the number of transactions per month. Also (and check with your CPA) a bank's fee for your business account is probably a trax deductible expense.

[boxofrocks]

Originally Posted by CobyPhoto

Nope, I use Capitol One and I never pay fees for checking.

Me too, and they're great to work with.

[esi7esi7]

Amegy does not charge a fee, but they do limit your monthly transactions.

This recent thread has some info on business checking accounts.

[brad]

Washington Mutual has free business checking.

[OversighT]

Ditto what Brad said. I go through Wamu and they don't charge me any fees.


T.

[kachina]

Frost Bank is free and their customer service reminds me of the way banks used to be before they automated everything. They treat me like they actually need customers - something you don't find in many banks these days.

[veritus]

I've got 3 WAMU accounts and I'm happy with them.

[PhotoByLeal]

Originally Posted by hmiles619

Am I going to encounter a fee pretty much wherever I go?

I like Wells Fargo!
I have not open one yet, but I do have my personal accounts with them.

A Banker at Wells Fargo informed me, if I open an account I would need some of these items to make the biz account free
1 -biz check account
2 - Credit Card
3 - Online Banking, to check account
4- direct deposit
5 - Savings

Then, if you get a biz loan from Wells Fargo under your biz name not your s.s, the loan does not count against your debit ratio when you need to take out a loan, credit card, car or house!

Just make sure you have a nice biz plan first!

I am working on mine!

Just FYI

Later,
TxmexNitro - Angel

[kachina]

You don't have to have these things at Frost Bank. I had three business accounts at WF but found their customer service to be less than acceptable and their extra charges more expensive than their competitors. Also, there was a different person sitting in the commercial chair every time I went in to talk to someone. Just my humble opinion.

Originally Posted by TxmexNitro

I like Wells Fargo!
I have not open one yet, but I do have my personal accounts with them.

A Banker at Wells Fargo informed me, if I open an account I would need some of these items to make the biz account free
1 -biz check account
2 - Credit Card
3 - Online Banking, to check account
4- direct deposit
5 - Savings

Then, if you get a biz loan from Wells Fargo under your biz name not your s.s, the loan does not count against your debit ratio when you need to take out a loan, credit card, car or house!

Just make sure you have a nice biz plan first!

I am working on mine!

Just FYI

Later,
TxmexNitro - Angel

[PhotoByLeal]

Originally Posted by kachina

You don't have to have these things at Frost Bank. I had three business accounts at WF but found their customer service to be less than acceptable and their extra charges more expensive than their competitors. Also, there was a different person sitting in the commercial chair every time I went in to talk to someone. Just my humble opinion.

Rusty,

Sorry to hear that happen to you.
I always have great service down hear in Sugar Land.
We switched my wife’s accounts from Frost to Wells Fargo. I still like Frost because they’re nice and they’re starting to open more in Houston.
I guess banks are like dSLR; you like them or hate them! (To some people)

Good advice!

Later,
TxmexNitro - Angel

[island bound]

Ditto on WAMU