Head-to-Head
Old National Bank Business Checking
Branch + cash deposits; low/no monthly fee with 500-item cap; Midwest/Southeast relationship bank (not high-APY checking)
VS
Meow Business Banking
Treasury + high coverage + free wires for startups/funds; not a cash or branch bank
Monthly Fee
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.
Marketed $0. CRB published fee schedule: no fees currently imposed (reserves right to add with notice).
Checking APY
0.00% — noninterest-bearing on Access and Pro
Rating
7.6/10
8.5/10
Costs & Fees
| Metric | Old National Bank Business Checking | Meow Business Banking |
|---|---|---|
| Monthly maintenance | 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. | Marketed $0. CRB published fee schedule: no fees currently imposed (reserves right to add with notice). |
| Fee waiver | Access: unconditional $0 maintenance (use eStatements to avoid $3 paper fee). Pro: $20k ledger or $50k combined deposit averages. | N/A — no published maintenance fee to waive |
| Transaction fees | 500 items/month free then $0.50 each. Items = checks paid, withdrawals, deposits, deposited items, ACH/POS debits and credits. | No published excess-item grid. Marketed unlimited free wires/ACH/checks. ToS: discretionary daily/weekly/monthly payment limits. |
| Overdraft/NSF | 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. | CRB DAA contemplates NSF/overdraft per fee schedule; current schedule lists no fees imposed. Amounts not disclosed. |
| ATM fees | ONB + Allpoint (~55,000+) $0 ONB fee. Non-ONB/non-Allpoint: $3 Foreign ATM Fee + operator surcharge. No rebate disclosed. | Not disclosed — no ATM network advertised |
| Wire/ACH | 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. | Incoming/outgoing domestic wires marketed $0. Incoming/outgoing international wire bank fee marketed $0 (FX separate via Airwallex 0.16%–1.00% margin). ACH marketed $0. |
Interest & Yields
| Metric | Old National Bank Business Checking | Meow Business Banking |
|---|---|---|
| Checking APY | 0.00% — noninterest-bearing on Access and Pro | |
| Savings APY | Business Savings and Business Market Monitor: tiered interest; APY not disclosed on public pages | |
| FDIC coverage | Standard FDIC $250,000 per depositor per ownership category at Old National Bank | Standard FDIC $250,000 SMDIA per depositor per ownership category at partner bank |
Features & Access
| Metric | Old National Bank Business Checking | Meow Business Banking |
|---|---|---|
| Branch/ATM network | ~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. | None. Partner banks not offered as walk-in network. No ATM network or cash rails. |
| Mobile app | Old National Mobile app — Google Play ~4.5 (13.8K reviews). iOS U.S. volume uncertain from public scrapes. | No first-party mobile app by design (blog May 2026). Web dashboard + API + MCP. |
| Virtual cards | Not disclosed | Included — unlimited virtual/physical, merchant lock, category limits, API |
| Opening deposit | $100 | $0 marketed for core checking |
| Eligibility | Sole prop, association, org, partnership, LLC, corporation, business fiduciary/escrow per agreement. EIN emphasized in checklist. | Business entities; commercial use only; no consumers. Startups, funds, real estate, crypto-native marketed. Nonprofit/SPV not enumerated. |
Pros & Cons
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
Meow Business Banking
Pros
- Marketed $0 monthly, domestic/international wires, ACH, and checks (CRB schedule currently $0)
- IntraFi sweep advertised up to $125M–$200M at partner banks
- Treasury stack: T-bills at 1 bp/month marketing; Commercial Paper 3.56%–3.80% net (09/02/2026)
- Multi-entity dashboard, payment approvals, public API + MCP, USDC/USDT rails
- Virtual/physical cards with controls; 2.5% rewards on Anthropic/OpenAI spend
Cons
- Meow is not a bank; partner banks have rotated (FirstBank/OMB/Third Coast/CRB/Grasshopper)
- Checking APY tiered and partner-specific (Grasshopper 0.50%/3.02%); CRB may be 0% + rewards; not CP headline rate
- No cash, no branches, no official mobile app
- No complete public fee PDF; insurance max and eligibility language conflict across pages
- Thin reviews (Trustpilot 3.6/16); closures and holds in complaint set
Verdict
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.
Meow Business Banking
Meow Technologies is a fintech with checking at Cross River and Grasshopper. Marketed $0 monthly/wires/ACH/checks; CRB schedule currently $0 but incomplete public fee book. Grasshopper checking APY 0.50% to $100k and 3.02% above — not Commercial Paper 3.56–3.80%. IntraFi up to $125M–$200M advertised. No cash, no mobile app. API, stablecoins, and treasury are differentiators; partner rotation and disclosure gaps require diligence.