Best Business Bank Accounts
Novo is the simplest free business checking for a freelancer or single-member LLC. Relay is better if you want several accounts to split income by purpose.
Best Business Bank Accounts
Nothing we can price
None of these carry the figures needed to rank them for your situation yet.
Compared side by side
2 compared on the 3 things that decide it. A blank cell means we could not confirm the answer, not that the answer is no.
| Provider | Monthly fee | Minimum balance | Sub-accounts |
|---|---|---|---|
| Novo Best for freelancers | — | — | — |
 Relay Best for profit-first budgeting | — | — | — |
Every offer, priced the same way
Ranked by what it costs you over a year. The arithmetic behind each figure is shown so you can check it. Offers we could not price are listed at the bottom with the reason.
1. Novo — Novo
Best for freelancers
No monthly fee, no minimum, and integrations with the invoicing tools freelancers already use.
Priced from national figures.
2. Relay — Relay
Best for profit-first budgeting
Multiple checking accounts included, so income can be split by purpose automatically.
Priced from national figures.
How we ranked these
We compare monthly fees, minimum balance requirements, transaction limits, cash deposit options and how many sub-accounts are included.