A negative ChexSystems report can make getting approved for a business account challenging and it may take up to five years for the record to be removed. While you’re working to resolve issues on your ChexSystems report, you can apply for a business account with one of the providers on our list of the best business accounts that do not use ChexSystems. Best overall business account with no ChexSystems: Bluevine Provider is a fintech platform, not a bank. It provides FDIC insurance and deposit services through a partnership with Coastal Community Bank. Best for full-service banking and branch accessibility: Wells Fargo Member FDIC Best for unlimited daily transactions: Capital One Member FDIC Best for robust startup services and high FDIC coverage: Mercury Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®️; Members FDIC. Deposit insurance covers the failure of an insured bank. Best for speedy fund access and express payments: Novo Provider is a fintech platform, not a bank. It provides FDIC insurance and deposit services through a partnership with Middlesex Federal Savings. Best business accounts with no ChexSystems quick comparison The table below shows the top factors I considered when evaluating the five best business accounts with no ChexSystems. Bluevine: Best overall business account with no ChexSystems Our rating: 4.48 out of 5 Image: Bluevine Bluevine is a highly reputable fintech company that offers competitive high yields through a fee-free business checking account. Unlike most checking products, which typically do not earn an APY, Bluevine’s account stands out as an excellent choice. Additionally, they provide one of the best lines of credit available, featuring low interest rates. Bluevine is also among our top picks for the best international banks for businesses, thanks to its quick overseas payment options and transparent pricing. Small businesses can take advantage of its integrations with various financial platforms, which include QuickBooks, Xero, CashApp, Venmo, and Square. Why I chose it Bluevine Standard is my best overall business account with no ChexSystems because it has no monthly maintenance fee, initial deposit, or minimum balance requirement. Additionally, users can earn an APY of 1.5% Applies to qualifying balances of up to $250,000. if they meet one of these two conditions: Make a monthly purchase of at least $500 using a Bluevine debit card. Receive a monthly payment of $2,500 into the checking account. Account holders can also enjoy unlimited transactions, free standard ACH services, and no fees for incoming domestic wire transfers. As your business grows, I recommend shifting to Bluevine’s higher-tier plans, which offer even higher APY rates and reduced standard payment fees. Take advantage of Bluevine’s free one-month trial for an upgraded plan. With this trial, you can earn higher APY rates without having to meet any conditions. Enjoy discounted bill payments, and you’ll have the option to switch back to the free plan once the trial period ends. Monthly fees Bluevine Standard: $0 Bluevine Plus: $30; waivable by having: An ADB of $20,000 across your Bluevine checking account, including subaccounts. A spend of $2,000 monthly using your Bluevine debit or credit card. Bluevine Premier: $95; waivable by meeting: An ADB of $100,000 across your Bluevine checking account, including subaccounts. A spend of $5,000 monthly using your Bluevine debit or credit card. Features Five subaccounts with unique account numbers. Free ACH and incoming domestic wire transfers. Free ATM access at over 37,000 MoneyPass locations. International payments to 32 countries in 15 currencies. QuickBooks, Xero, and Wave integrations. Wise, Venmo, CashApp, and Square compatibility. FDIC insurance of up to $3 million. Lines of credit of up to $250,000 at low rates. Pros and cons Pros Cons No monthly maintenance fees or balance minimums for Bluevine Standard. $2.50 for non-network ATM use, plus third-party operator fees. APY rate of 1.5% for a free plan. No ATM fee refunds. Fast account application approval. No savings products. Wells Fargo: Best for full-service banking and branch accessibility Our rating: 4.37 out of 5 Image: Wells Fargo Wells Fargo is a well-recognized institution that offers full-service banking. This includes three business checking accounts with fees that can be waived. The lowest tier, Initiate Business Checking, requires an initial deposit of $25 and includes 100 free transactions along with up to $5,000 in free cash deposits. The monthly fee of $10 can be waived by maintaining a daily balance of $500 or an average ledger balance of $1,000. With a large branch network in Washington, D.C., and 36 states Wells Fargo has no branches in Hawaii, Indiana, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Missouri, New Hampshire, Ohio, Oklahoma, Rhode Island, Vermont and West Virginia. , you can easily access in-person banking services at Wells Fargo. The bank also offers analyzed, IOLTA Interest on Lawyers Trust Account , RETA Real Estate Trust Account accounts, savings products, certificates of deposit (CDs), credit cards, SBA Small Business Administration loans, healthcare practice financing, and lines of credit. Why I chose it If you’re looking for a business bank account with no ChexSystems, Wells Fargo is a solid pick because they have many physical locations, which is convenient for small businesses that require in-person banking. They allow a high cash deposit limit of $5,000 for cash-reliant small businesses, and you can waive the monthly fee by maintaining a minimum balance of $500. I appreciate the wide range of business products available at Wells Fargo, making it easy to apply for savings accounts, financing, and credit cards all in one reputable institution. Additionally, the bank offers personal second-chance accounts to help you rebuild your credit. Monthly fees Initiate Business Checking: $10; waivable by meeting a daily balance of $500 or an average ledger balance of $1,000. Navigate Business Checking: $25; waivable by meeting a daily balance of $10,000 or average combined business deposit balances of $15,000. Optimize Business Checking: $75 can be reduced or offset by an earning allowance. Features Waivable monthly fees. Free incoming wire transfers for higher-tier accounts. Free access to more than