Found Business Banking
$0 monthly fee + built-in taxes/bookkeeping for self-employed; APY only on paid plans or card-spend bonus
Brex Business Account
Startup / mid-market treasury + multi-user spend platform; $0 banking fees; no cash/ATM
Costs & Fees
| Metric | Found Business Banking | Brex Business Account |
|---|---|---|
| Monthly maintenance | Found Free $0. Optional Plus $35/mo or $315/yr; Pro $80/mo or $720/yr. No balance waiver required. | $0 banking. Software: Essentials $0/user; Premium $12/user; Enterprise custom. |
| Fee waiver | N/A — Free tier has $0 maintenance; Plus/Pro are optional subscriptions | N/A — banking already $0; software is plan-priced |
| Transaction fees | No excess-item or per-count fees on ACH, deposited checks, or electronic items. Unlimited standard ACH in/out. | No published per-item or excess-item fees. Effectively unlimited electronic items at $0. |
| Overdraft/NSF | No overdraft fees. Account not designed to overdraft; negative balance from merchant adjustments or ACH timing risks closure. | Overdrafts not permitted. Dollar fee amounts not disclosed. Negative 30+ days → closure per Column DDA. |
| ATM fees | Found does not add ATM fee. Operator surcharge possible. No surcharge rebate. No branded free network. | Not offered — no ATM network. No cash withdrawal from account or Brex cards. |
| Wire/ACH | Incoming domestic: $0. Outgoing domestic: $15 (Free/Plus), $10 (Pro). Incoming intl USD: $0 (SWIFT LEADUS49). Outgoing intl: not disclosed/not offered. Standard ACH in/out: $0 unlimited. | Incoming/outgoing domestic and international wires $0 Brex-issued. ACH domestic and international $0. Intermediary/recipient fees possible. Customer reimburses intermediary costs per Column DDA. |
Interest & Yields
| Metric | Found Business Banking | Brex Business Account |
|---|---|---|
| Checking APY | Free: 0% ongoing. Yield is monthly Balance bonus labeled APY — variable, paid 1st of following month. | None — uninvested Checking cash earns no yield |
| Savings APY | N/A — Pockets are sub-accounts in same checking; same yield rules apply | |
| FDIC coverage | FDIC pass-through via Lead Bank — $250,000 per depositor per ownership category | Checking: $250,000 at Column N.A. per ownership category (all sub-accounts share cap) |
Features & Access
| Metric | Found Business Banking | Brex Business Account |
|---|---|---|
| Branch/ATM network | No branches. Any Mastercard ATM for withdrawal — Found $0, no rebate. ATM cash-out $550/day new, $1,550/day established. No ATM cash deposit. | None. No branches, ATMs, or cash rails. |
| Mobile app | iOS Found: Business Banking ~4.8 (~26k–34k ratings); Google Play ~4.7 (~16k–18.5k reviews) | Google Play 4.6 (~2.16k–2.18k reviews). iOS U.S. rating should be re-checked live. |
| Virtual cards | Virtual + team cards with spend limits; lock/delete virtual cards | Included — charge card product with spend limits and policies (Premium: multiple customizable policies) |
| Opening deposit | $0 | $0 |
| Eligibility | Sole prop, single/multi-member LLC, C-Corp, S-Corp, partnership. Nonprofits can use banking/invoicing (tax tools poor fit). Up to 4 additional beneficial owners plus primary. | U.S.-organized C-corp, S-corp, LLC, LLP only. Not sole props, consumers, unincorporated partnerships, or foreign-registered entities. Nonprofits case-by-case. |
Pros & Cons
Found Business Banking
Pros
- $0 maintenance, $0 min balance, $0 overdraft fee, unlimited standard ACH (Jul 13, 2026 schedule)
- Native tax Pocket, estimates, write-offs, invoicing, and 1099 contractor tools on Free
- Pockets with dedicated account numbers; up to 5 businesses per login
- Incoming domestic + USD international wires at $0 from Found; SWIFT LEADUS49
- Optional 2.50% APY no cap on Pro; 1% card cash-back on Pro; strong app-store ratings
Cons
- Found is not a bank; pass-through FDIC $250,000 at Lead Bank only
- Cash ($2/deposit after 1 free/month) and mobile-check caps low for cash businesses
- Free APY is $0 or spend-gated bonus; Plus yield capped at $20k and can be eaten by subscription
- No surcharge-free ATM network; no ATM cash deposit
- Patterned freeze/hold complaints; outgoing FX wires, checkbooks, ICS, and W-2 payroll absent
Brex Business Account
Pros
- $0 opening, maintenance, ACH, check, and wire fees (Brex-issued)
- Three-bucket design: Column DDA + up to $6M Vault sweep + DGVXX Treasury (3.71% as of 09/01/26)
- 512 sub-checking accounts with distinct account/routing numbers
- Same-day outbound ACH at $0; 3:15 p.m. ET cutoff documented
- Tight coupling to expense, bill-pay, virtual charge cards, and API
Cons
- No cash, no ATM, no branches
- Checking and Vault earn 0%; Treasury yield is MMF/SIPC, not FDIC checking APY
- Eligibility excludes sole props and foreign entities; scale screen plus abrupt closure history
- Checking FDIC only $250k across all sub-accounts; $6M is sweep-only with caveats
- Card FX up to 3%; Premium software $12/user; wire FX markup not published
Verdict
Found Business Banking
Found is an online business checking platform from Indie Technologies with deposits at Lead Bank (FDIC Cert. 8283). Three tiers share same rails: Free ($0), Plus ($35/mo), Pro ($80/mo). Jul 13, 2026 schedule: $0 maintenance, $0 overdraft, unlimited free ACH. Costs on wires ($10–$15), mailed checks ($1, free Pro), Instant/Express payouts, cash ($2 after 1 free/month), dormancy ($10/12 mo). Yield: Free 0% or 2% card-spend bonus; Plus 1.50% on first $20k; Pro 2.50% no cap + 1% card cash-back. Differentiator is built-in tax Pocket, Schedule C books, invoicing, and contractor 1099s. Cash capped $2k/week and $4k/month at retail. $250k FDIC only. Strong app UX; freeze/support complaints are operational risk.
Brex Business Account
Brex business account is a three-bucket cash-management stack at Column N.A. (FDIC #58224, routing 121145349). Checking 0% APY with $250k FDIC shared across 512 sub-accounts. Vault sweeps to program banks for up to $6M FDIC (0% yield). Treasury in DGVXX via Brex Treasury LLC — up to 3.71% 7-day yield as of 09/01/26, not FDIC. Banking fees $0 on ACH/wires/checks. No cash/ATM/branches. Corp/LLC/LLP only; scale underwriting. Premium $12/user. Capital One acquired Brex Apr 2026. Closure risk is operational concern — keep backup bank. $1,000 card promo through Sep 30, 2026.