Huntington Business Checking 100 alternatives

Pros

• Starter has a $0 monthly fee, no minimum balance and no opening deposit, with no per-transaction fee in the agreement's fee schedule.
• Cash deposits at Allpoint+ ATMs are free on every plan, within the per-deposit and daily limits in the agreement.
• Relay publishes that owners who are not U.S. citizens can apply with an ITIN and a U.S. address, if the business is registered in the U.S.

Cons

• Green Dot retail deposits cost up to $4.95 each, and their limits are lower than those of the Allpoint+ ATMs.
• Outgoing domestic wires cost $8 on Starter ($5 on the $30 and $120 plans), and same-day ACH costs $1 on Starter.
• Relay is not a bank and has no branches: the money is held at Thread Bank.

Pros

• Cash at Capital One and select Allpoint ATMs has no fee and doesn't count toward the $5,000 of teller cash included each month.
• The $15 monthly fee is waived with a minimum average balance over 30 or 90 days.
• Unlimited digital transactions and no fee at more than 70,000 Capital One, MoneyPass and Allpoint ATMs.

Cons

• On Basic Checking, teller cash over $5,000 a month costs $1 for each thousand dollars.
• Outgoing domestic wires cost $25 and incoming ones $15 on Basic Checking.
• The agreement allows an early-closing fee whose amount is not published.

Pros

• $0 monthly fee with no minimum balance, and electronic deposits, ACH, transfers and debit card purchases are unlimited at $0.
• Takes cash at branches and at U.S. Bank ATMs: 25 units included each cycle, then $0.35 per $100, with no published monthly cap.
• The requirements checklist accepts an SSN or an ITIN from the applicant.

Cons

• Only 25 teller and paper-check transactions a cycle are included; each one after that costs $0.50.
• Each cash deposit is counted in whole units and any deposit under $150 is one unit, so frequent small deposits use the allowance faster.
• Paper statements are on by default and cost $6.50 a cycle until you switch to paperless.

Pros

• 150 combined transactions a month included, then $0.50 each.
• Branch cash is free up to a monthly volume, then $0.30 per $100, with no published monthly cap.

Cons

• $12 monthly fee unless you keep a $500 average monthly collected balance or have a linked PNC card or merchant account.
• The Business Checking requirements ask for the SSN of every signer and don't mention an ITIN.
• Night depository bags cost $3.00 each, and a branch domestic wire costs $95.

Pros

• Cash deposited at Chase ATMs has no charge and no published monthly cap, on top of $5,000 of branch cash included each cycle.
• Electronic deposits, ACH, ATM transactions, mobile deposits and debit card purchases don't count toward the 20 included transactions.
• The branch checklist accepts an ITIN for non-U.S. citizens, and a matrícula consular as primary ID for those without a green card.

Cons

• $15 a month unless you keep a $2,000 minimum daily balance or meet another activity; going below $2,000 on any day of the cycle counts.
• Branch cash over $5,000 a cycle costs 0.30% of the excess, and teller transactions or paper checks over 20 cost $0.50 each.
• Does not earn interest, and online opening is limited to sole proprietorships, corporations and single-member or manager-managed LLCs.

Pros

• The $16 monthly fee is not charged for the first 12 statement cycles, and $500 a cycle of business debit card purchases also avoids it.
• Debit card transactions, electronic debits and checks deposited by mobile or at a Bank of America ATM don't count toward the 20 included transactions.
• Cash can be deposited at financial centers or Bank of America ATMs, with $5,000 a cycle included and no published monthly cap.

Cons

• Cash over $5,000 a cycle costs $0.30 per $100 at both branches and ATMs, and items over 20 cost $0.45 each.
• No business page read mentions an ITIN, and the online application asks for an SSN for everyone on it.
• Does not earn interest.

Pros

• 100 transactions a fee period at no fee on the $15 tier, and a $5,000 combined average balance across business accounts also avoids the monthly fee.
• Cash can be deposited at a teller, at Wells Fargo ATMs or in the night depository, with $5,000 a fee period included.
• The required documents page accepts consular cards from Colombia, Guatemala and Mexico as a primary ID.

Cons

• Electronic debits and every check deposited count toward the 100 transactions; over 100 each costs $0.50.
• Cash over $5,000 a fee period costs $0.30 per $100, and ATM cash may have limits the bank does not publish.
• The $15 tier does not earn interest, and no business page read mentions an ITIN.

Pros

• Standard plan with a $0 monthly fee, no minimum balance and no limit on the number of transactions.
• Takes cash at 1,500+ Allpoint+ ATMs ($1 plus 0.5% per deposit) and 90,000+ Green Dot stores ($4.95 per deposit).
• Up to $3,000,000 in FDIC coverage through Coastal Community Bank and its sweep program banks.

Cons

• Cash is capped at $7,500 per rolling 30 days per network, and every cash deposit has a fee.
• Outgoing domestic wires cost $15 on the Standard plan.
• The Plus and Premier fees are waived only if you meet a balance and a card spending requirement together.

Pros

• $0 monthly fee with no minimum balance, and $0 for ACH, domestic wires, real-time payments and mailed checks.
• Up to $5,000,000 in FDIC coverage through its partner banks' sweep network of up to 20 banks.
• Connects to QuickBooks Online, Xero and NetSuite.

Cons

• Does not accept cash deposits, at ATMs or anywhere else.
• The checking account pays 0.00% interest.
• Mercury is not a bank: the money is held by Choice Financial Group or Column N.A.

Pros

• Lili Core has a $0 monthly fee, no minimum to open and no fee for overdrafts or standard ACH.
• Takes cash at participating retail stores; Lili adds no fee of its own.
• Up to $3,000,000 in FDIC coverage through Sunrise Banks and its sweep program banks.

Cons

• Cash is capped at $5,000 per cardholder a month, and each store can charge up to $4.95 per deposit.
• Checking accounts pay no interest on any plan.
• Outgoing domestic wires cost $15.

Pros

• The free plan has a $0 monthly fee and no minimum balance, and the Fee Schedule has no per-transaction fee.
• Cash can be deposited at participating retail stores with a barcode from the app; the first deposit each month is free.
• Bookkeeping and tax tools are built in, and the paid plans add interest (1.50% APY on Plus, 2.50% on Pro, variable).

Cons

• Cash deposits after the first each month cost $2 each, and cash is capped at $4,000 per rolling 30 days; ATM cash deposits are not supported.
• An SSN is required to open the account; Found does not mention an ITIN.
• Outgoing domestic wires cost $15 on the free and Plus plans, and Found documents no direct sync with outside accounting software.

Pros

• $0 monthly fee and $0 minimum balance, with $0 standard ACH transfers in and out and no per-transaction fee in the Fee Schedule.
• Novo charges no ATM fee and refunds up to $7 a month in fees charged by ATM operators.
• Connects to QuickBooks Online and Xero from the app.

Cons

• It does not take cash deposits; the only workaround Novo describes is buying a money order and depositing it as a check.
• Every owner with 25% or more needs an SSN; Novo says the application can't be completed without one.
• Novo is not a bank: the money is held at Middlesex Federal Savings, and outgoing domestic wires cost up to $45 in the Fee Schedule.

Pros

• No monthly maintenance fee and no minimum opening deposit.
• Unlimited transaction processing and unlimited domestic ATM fee reimbursements.
• Incoming wires are free and two outgoing domestic wire fees ($15 each) are reimbursed a month.

Cons

• Axos doesn't publish how a business deposits cash into Basic Business Checking.
• Signers must have a Social Security number; Axos doesn't publish an ITIN option for business accounts.
• The account doesn't earn interest.

Pros

• $0 monthly fee, $0 minimum balance and $0 opening deposit, with no per-transaction fee in the terms' fee schedule.
• Cash deposits at participating stores such as Walgreens, Dollar General and 7-Eleven carry no fee.
• Square card sales are generally in the account balance right after each payment is processed.

Cons

• Cash deposit limits are set by each store and shown only in the Square POS app; Square does not publish them.
• Square is not a bank: the money sits in a pooled account at Sutton Bank, and FDIC coverage is pass-through, with conditions.
• No branches and no ATM network of its own; the terms do not accept cash or incoming wires delivered to the bank.