Top 5 BEST BUSINESS Bank Accounts 2023
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 Published On Jan 20, 2023

Get a Novo Account HERE: https://magnified.reviews/Novo
Get a Relay Account HERE: https://magnified.reviews/Relay
Click “Show More” to see my Favorite Financial Tools


▽MY FINANCIAL TOOLS▽

🏦 SoFi Complete Money Management
➤ Checking & Savings - https://magnified.reviews/SoFi
➤ Credit Card - https://magnified.reviews/SoFiCreditCard
➤ Invest - https://magnified.reviews/SoFiInvest
➤ Budgeting - https://magnified.reviews/SoFiRelay

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💰 Chime Fully Online Banking
➤ Sign-Up for Chime HERE: https://magnified.reviews/Chime
➤ Chime Credit Builder HERE: https://magnified.reviews/Credit-Builder

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💳 Favorite Credit Cards
➤ Chase Sapphire - https://magnified.reviews/Sapphire-Pr...
➤ Capital One Venture X - https://magnified.reviews/VentureX
➤ Chase Ink Business - https://magnified.reviews/Ink-Business
➤ Amex Green - https://magnified.reviews/Amex-Green
➤ Amex Platinum - https://magnified.reviews/Platinum
➤ Amex Business Gold - https://magnified.reviews/BusinessGold

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📊 Wealthfront Automated Investing
➤ First $5,000 Managed for FREE - https://magnified.reviews/Wealthfront

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💵 Current Card
➤ Current | Modern Banking App - https://magnified.reviews/CurrentCard

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📸 MY CAMERA GEAR
➤ My Camera: https://magnified.reviews/Camera
➤ My Microphone: https://magnified.reviews/Microphone
➤ My Lights: https://magnified.reviews/Lights

Number 5 is the Capital One business banking products. On the checking side of things, you've got the basic checking account and the unlimited checking account which both give you free overdraft protection, free additional debit cards for each of your team members, the ability to bank on the go using their fairly well designed mobile application, online bill payment features, and all of the basic functionality that you need to manage your businesses finances on the go.

Next is Lili which has the ability to instantly categorize your transactions into personal or business expenses by swiping left or right within the Lili app. Lili has no minimum balance requirements, no hidden fees of any kind, free ATM withdrawals at over 38,000 locations, a decent 1.5% APY on your savings currently, fee-free overdraft protection, cash back rewards with your Lili visa business debit card not to mention the countless financial management tools that they offer for accounting, categorizing expenses, managing receipts, taxes and everything in between.

Coming in at #3 is a more robust business banking tool and that is North one. Again you've got all of those surface-level features that we've come to expect from any online banking tool but the key differentiators with North one is the smart integrations with everything from Airbnb to PayPal and QuickBooks as well as the envelopes tool which allows you to automate your business's budget and sets either a percentage or fixed dollar amount aside each time you receive income whether that's for rent, taxes, payroll, and anything in between.

At #2 is Relay which has no hidden account fees, no overdraft fees, or minimum balance requirements, it allows you to open up to 20 individual checking accounts and have 50 virtual or physical visa debit cards plus you have easy ACH and wire transfers, free cash deposits on the allpoint network of ATMs and integrations with accounting platforms like QuickBooks and Xero.

But coming in at number one for the best business bank account in 2023 and the platform that I use to run this YouTube channel is Novo. Novo has no hidden fees or monthly fees of any kind, free and fast transfers including ACH, mail checks, and incoming wires, refunds at all ATM's worldwide which is pretty awesome and all of the surface-level features that each of today's platforms have had. Again you've got integrations with several third-party tools like QuickBooks, Shopify, and stripe just to name a few plus the ability to create your own custom and professional-looking invoices from both their well-designed and simple mobile app or desktop.

0:00-Capital One 360
2:02-Lili
3:06-NorthOne
4:44-Relay
6:50-Novo
9:20-My FINAL Thoughts

Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

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