Head-to-Head
Bluevine Business Checking
Online SMB checking with tiered APY, waivable paid plans, and $3M sweep FDIC — weak on cash, strong on ACH/invoicing
VS
Old National Bank Business Checking
Branch + cash deposits; low/no monthly fee with 500-item cap; Midwest/Southeast relationship bank (not high-APY checking)
Monthly Fee
Standard $0; Plus $30; Premier $95
Access: $0 on current product page ($3/mo paper statements; eStatements free). Pro: $25/mo OR $0 with $20,000 avg ledger OR $50,000 combined checking+savings+MMA avg ledger.
Checking APY
Standard 1.3% (first $250k, monthly activity test); Plus 1.75% (to $250k); Premier 3.0% (no cap per interest terms)
0.00% — noninterest-bearing on Access and Pro
Rating
8.4/10
7.6/10
Costs & Fees
| Metric | Bluevine Business Checking | Old National Bank Business Checking |
|---|---|---|
| Monthly maintenance | Standard $0; Plus $30; Premier $95 | Access: $0 on current product page ($3/mo paper statements; eStatements free). Pro: $25/mo OR $0 with $20,000 avg ledger OR $50,000 combined checking+savings+MMA avg ledger. |
| Fee waiver | Plus waived if avg daily balance ≥ $20,000 AND ≥ $2,000 card spend (excl. ATM). Premier waived if avg daily balance ≥ $100,000 AND ≥ $5,000 card spend. Balance across main + sub-accounts. | Access: unconditional $0 maintenance (use eStatements to avoid $3 paper fee). Pro: $20k ledger or $50k combined deposit averages. |
| Transaction fees | No per-item excess fees; unlimited transaction count subject to dollar caps (see limits) | 500 items/month free then $0.50 each. Items = checks paid, withdrawals, deposits, deposited items, ACH/POS debits and credits. |
| Overdraft/NSF | $0 overdraft; $0 NSF (returned deposited items: customer owes item amount) | Paid NSF/Overdraft Item $36 if overdrawn >$25; max 2 paid items/day. Daily Overdraft $7 from day 7 if overdrawn >$25 for 7+ consecutive business days, up to 5 days. Overdraft Courtesy discretionary. |
| ATM fees | MoneyPass in-network $0; out-of-network $2.50 + operator surcharge (no rebate). Daily cash-out cap $2,000. | ONB + Allpoint (~55,000+) $0 ONB fee. Non-ONB/non-Allpoint: $3 Foreign ATM Fee + operator surcharge. No rebate disclosed. |
| Wire/ACH | Incoming domestic wire $0 all plans. Outgoing domestic: $15/$12/$7.50. Incoming intl: $15/$12/$7.50. Outgoing intl USD: $25/$20/$12.50. Outgoing intl FX: $25+$1.5% / $20+$1.25% / $12.50+$1.0%. Standard ACH $0. Same-day ACH: $10/$8/$5. | Incoming domestic $16; outgoing domestic $30; incoming intl $16; outgoing intl $50. Pro/Payments Plus: 1 free domestic outgoing wire/month; discounted fees thereafter not disclosed. |
Interest & Yields
| Metric | Bluevine Business Checking | Old National Bank Business Checking |
|---|---|---|
| Checking APY | Standard 1.3% (first $250k, monthly activity test); Plus 1.75% (to $250k); Premier 3.0% (no cap per interest terms) | 0.00% — noninterest-bearing on Access and Pro |
| Savings APY | N/A — single checking product with tiered APY | Business Savings and Business Market Monitor: tiered interest; APY not disclosed on public pages |
| FDIC coverage | Standard $250,000 at Coastal Community Bank; sweep program up to $3,000,000 across Program Banks (pass-through, aggregation caveats apply) | Standard FDIC $250,000 per depositor per ownership category at Old National Bank |
Features & Access
| Metric | Bluevine Business Checking | Old National Bank Business Checking |
|---|---|---|
| Branch/ATM network | No branches. 37,000+ MoneyPass surcharge-free ATMs for withdrawals. | ~346–361 banking centers in IL, IN, IA, KY, MI, MN, NC, ND, TN, WI. ONB ATMs + Allpoint ~55,000+ surcharge-free. Cash deposit at deposit-taking ONB ATMs. |
| Mobile app | Google Play ~4.2/5 (~2.2k reviews, Apr 2026); iOS ~4.7 cited in secondary reviews | Old National Mobile app — Google Play ~4.5 (13.8K reviews). iOS U.S. volume uncertain from public scrapes. |
| Virtual cards | Included — physical + virtual debit cards with spend/ATM controls; up to 50 cards | Not disclosed |
| Opening deposit | $0 | $100 |
| Eligibility | U.S. owners: sole prop, LLC, corp, partnership, nonprofit corp. International owners: U.S. LLC or corp only (25 supported countries). | Sole prop, association, org, partnership, LLC, corporation, business fiduciary/escrow per agreement. EIN emphasized in checklist. |
Pros & Cons
Bluevine Business Checking
Pros
- Standard is $0 monthly with $0 overdraft/NSF and free standard ACH plus incoming domestic wires
- Premier 3.0% APY with no interest cap in March 2026 terms — rare for SMB checking
- Advertised sweep FDIC up to $3M at Program Banks (with aggregation caveats)
- Sub-accounts (5/10/50), up to 50 cards, and role-based AP with bill-pay approvals
- Built-in invoicing, Stripe Tap to Pay, and QuickBooks sync without separate banking subscription
Cons
- Plus/Premier waiver requires balance AND card spend — miss either and $30/$95 posts
- Cash deposits priced ($1+0.5% or $4.95) and capped at $7,500/30 days — poor for cash businesses
- Default $100,000/30-day combined outgoing wire+ACH ceiling unless raised
- No branches; support weekday 8am–8pm ET only
- Standard APY drops to 0% any month the activity test is missed; recurring freeze/hold complaints
Old National Bank Business Checking
Pros
- Access $0 maintenance with 500-item bucket and no minimum balance (ONB product page)
- $25,000 monthly cash/currency free then $0.15 per $100 — explicit branch-bank pricing
- Allpoint 55k+ surcharge-free ATMs plus ~346+ owned branches in 10 states
- Pro bundles Autobooks Basic, 1 free domestic wire/month, ACH allowance, and fraud tools
- Path to ONPointe Treasury, Analysis Checking, Elavon merchant, and local lending; $400/$800 bonus through Oct 30, 2026
Cons
- 0.00% APY on checking
- In-person opening only — not nationwide online account
- 500-item definition is broad (ACH, POS, deposits count) at $0.50 over — easy to exceed
- Full current business fee schedule PDF not publicly posted
- Out-of-network ATM $3 + 3% foreign debit fee; standard FDIC $250k only
Verdict
Bluevine Business Checking
Bluevine Business Checking is an online interest-bearing SMB account from fintech Bluevine Inc., with deposits at Coastal Community Bank and optional sweep to Program Banks for up to $3M FDIC coverage. Three plans: Standard ($0, 1.3% APY with monthly activity test), Plus ($30 waivable, 1.75% to $250k), and Premier ($95 waivable, 3.0% uncapped APY). Strengths are yield, free Standard ACH/incoming wires, sub-accounts, 50 cards, invoicing, and QBO sync. Weaknesses are priced/capped cash deposits, $100k/30-day outgoing cap, weekday-only support, and documented freeze/hold patterns. Best compared to Chase for digital-first businesses that prioritize APY over branches.
Old National Bank Business Checking
Old National Access Business Banking is branch-opened FDIC checking: Access $0 maintenance, 500 items then $0.50, $25k cash free then $0.15/$100. Pro adds $25 fee (waivable at $20k/$50k), bundled Autobooks/Payments Plus, 1 free wire/month, 25 ACH/month. 0% APY. Wires $16 in / $30 out / $50 intl. Full business fee PDF not posted. Fits in-footprint cash SMBs; poor for remote founders and high-volume treasury.