Have you been wondering how you can get your business checking not to cost so much? Bank fees can be difficult for most small business owners to handle. They are paying outrageous fees so that a bank can hold their money. For a small business just making it financially, that can be hard to take. However, doing business without a bank is almost impossible in today’s world. However, if you could get free remote deposit and other benefits, would using online banking be an option for you?
You can get many common services with an online bank without the hassle and cost of a local bank.
1.Free checking accounts Do not pay your bank to hold your money again. You deserve a free checking account that offers you all the services you need for a small business. You can get this with an online bank. They do not have the overhead of multiple local offices and large numbers of tellers waiting around. They save money so you can save money on fees.
2.Free business debit cards The bank should have no issues issuing a debit card to any depositor. However, some charge a fee for that option. Others will charge you for each purchase you make with that card. Find an online bank that will give you the free card and will not charge you use fees. That is the only way a small business can keep their financial straight.
3.Interest on all deposits Banks make money off of money they lend out. They should pass on some of the interest they earn to you in your deposits. If your bank is not giving you interest on all your accounts, find another bank. A free remote deposit bank will give you that interest that should be yours.
4.Free remote deposits If you have checks that you need to run to the bank constantly, stop wasting the gas and time. You can use scanning software to deposit those checks to your online bank.
5.Easy online access You want a bank that allows you to do almost everything online. You want an account that you can access 24/7. This will ensure you are empowered to be an account owner.
6.FDIC backed With the right online bank, you will have all the same protections that your local bank offers if the online has FDIC backing.