Bluevine Business Checking
Online SMB checking with tiered APY, waivable paid plans, and $3M sweep FDIC — weak on cash, strong on ACH/invoicing
Costs & Fees
Monthly maintenance: Standard $0; Plus $30; Premier $95
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.
Transaction fees: No per-item excess fees; unlimited transaction count subject to dollar caps (see limits)
Overdraft/NSF: $0 overdraft; $0 NSF (returned deposited items: customer owes item amount)
ATM fees: MoneyPass in-network $0; out-of-network $2.50 + operator surcharge (no rebate). Daily cash-out cap $2,000.
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.
Cash deposit: Allpoint+ ATM: $1.00 + 0.5% of amount. Green Dot retail: $4.95 per deposit. Caps: $7,500/30 days across rails.
Interest & Yields
Checking APY: Standard 1.3% (first $250k, monthly activity test); Plus 1.75% (to $250k); Premier 3.0% (no cap per interest terms)
Savings APY: N/A — single checking product with tiered APY
FDIC coverage: Standard $250,000 at Coastal Community Bank; sweep program up to $3,000,000 across Program Banks (pass-through, aggregation caveats apply)
Access, Features & Tools
Access
Branch/ATM: No branches. 37,000+ MoneyPass surcharge-free ATMs for withdrawals.
Mobile app: Google Play ~4.2/5 (~2.2k reviews, Apr 2026); iOS ~4.7 cited in secondary reviews
Cash deposits: Allpoint+ ATMs (~1,500; $1+0.5%); Green Dot Reload @ Register (90,000+ stores; $4.95); MoneyPak. No branch/night drop.
Features
Invoicing/bill pay: Included — invoicing, estimates, payment links, reminders, recurring/autopay (Stripe rates for card/ACH collection); bill pay with AP approval queues
Virtual cards: Included — physical + virtual debit cards with spend/ATM controls; up to 50 cards
International: USD account only; FX wires to 180+ countries / 40+ currencies; receive international wires in USD only
Integrations
- ✓ QuickBooks Online two-way sync
- ✓ Xero (promotional free sub: 3 mo Standard / 6 mo Plus & Premier)
Limits & Requirements
Opening deposit: $0
Minimum balance: $0 published; bank may close inactive/zero-balance accounts
Eligibility: U.S. owners: sole prop, LLC, corp, partnership, nonprofit corp. International owners: U.S. LLC or corp only (25 supported countries).
Best for: High APY checking No monthly fee (Standard) FDIC sweep up to $3M QuickBooks integration Sub-accounts & virtual cards International founders (supported countries) Online-only / digital SMB
Pros & Cons
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
Strong Pick (digital SMB & yield-focused businesses)
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.