Best Free Business Bank Accounts for May 2025

Why You Can Trust Us

Investopedia was founded in 1999 and has been helping readers find the best free bank accounts for their small businesses since 2023. Investopedia’s research and editorial teams conducted independent research into small business bank accounts to provide the best possible recommendations for a variety of situations and needs. Investopedia researched and evaluated 13 popular business checking accounts without monthly maintenance fees across 33 criteria, collecting and calculating over 400 data points to determine the best picks above.

How We Find the Free Business Bank Accounts

Investopedia’s full-time research and editorial teams conducted independent, comprehensive research into small business bank accounts in April 2025. We included 13 different bank accounts in our research, all from different banks, credit unions, and fintechs. We collected and calculated 33 criteria for each account, resulting in over 400 data points. Each account was objectively scored and ranked based on this information.

Investopedia collected information directly from company websites. Any data points not used for scoring purposes were collected for background. The criteria were broken down into categories, with weights determined based on their relative importance to business bank account customers:

• Fees: 34.5%
• Customer Satisfaction: 20.00%
• Limits: 17.50%
• Terms: 15.00%
• Availability: 13.00%

Investopedia’s full-time compliance team maintains the information on this page to ensure the content remains accurate and our recommendations are the best possible options available.