Opening a business bank account is a six-step process that includes determining the right type of bank account, selecting the right bank, knowing what you have to pay, providing the required documentation, opening an account, and depositing funds. Opening a business account makes it easier to keep your business and personal cash flow separate. If…
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Wells Fargo Business Choice Checking Review 2019
The account is designed for new and growing businesses wanting to make up to 200 monthly transactions. Owners can deposit up to $7,500 in cash each month for free. You’ll avoid the $14 monthly fee by maintaining a $7,500 average account balance or $10,000 in combined balances. The best small business checking accounts for growing…
Wells Fargo Platinum Business Checking Review 2019
The Wells Fargo Platinum Business Checking account is designed for established businesses wanting to make as many as 500 monthly transactions. Owners can deposit up to $20,000 in cash each month, free of charge. You can avoid the $40 monthly fee by maintaining a $25,000 account balance or $40,000 in combined balances. The best small…
Wells Fargo Analyzed Business Checking Review 2019
The Wells Fargo Analyzed Business Checking account is designed for businesses with large transaction volume, significant deposits, and complex money management needs. It’s ideal for firms that make more than 500 transactions per month. Negotiable account fees may be offset by an earnings credit based on the size of your daily account balance. The best…
Wells Fargo Simple Business Checking Review 2019
The account is best for very small businesses that have little cash revenue and need to make 50 or fewer monthly transactions. Owners can deposit up to $3,000 in cash each month for free. Plus, you can avoid the $10 monthly service fee by maintaining a $500 average balance. The best small business checking accounts…
15 Best High-yield Savings Accounts 2019
A high-yield savings account charges little or no fees and allows consumers to build their savings by earning interest each month while still maintaining access to their money. We’ve reviewed the best high-interest savings accounts and compared the 15 best accounts below with the highest interest rates. Top 15 High-yield Savings Accounts 2019 *Updated April…
How to Open an Online Business Checking Account in 6 Steps
When considering how to open an online business checking account, you’ll have to decide if you’ll need a physical branch, choose the best bank, understand the costs, gather the required documentation, complete an application, and deposit funds. You can open an online business checking account without leaving your office. For business owners who prefer a…
Money Market Accounts: What They Are & Who They’re Right For
A money market account is an interest-bearing account that typically pays interest rates higher than a savings account. Your funds are kept liquid, and you’ll earn a lower interest rate than other investments because money market accounts are considered safe investments. Money market accounts give you the ability to write up to six checks per…
Savings Calculator: Compound Interest for Savings, CDs & Money Market Accounts
A savings calculator is a great tool to calculate compound interest and estimate the value of savings over a period of time. Using the savings calculator above, you can see what your savings will be worth in the future and how quickly it will grow in a savings account, certificates of deposit (CDs) or money…
13 Best Online Savings Account 2018
An online savings account is an account that consumers can use to earn small amounts of interest on savings while also maintaining easy access to funds. The best online savings accounts pay higher interest than traditional savings accounts and typically have lower fees, allowing savers who are comfortable using online accounts to accumulate savings faster….
BankSouth Business Checking Reviews & Fees
has five branch offices in Georgia: Lake Oconee, downtown Greensboro, Watkinsville, Atlanta and Savannah. Its small business offerings include business savings and checking accounts, lending and cash and wealth management. It is rated five stars on Bankrate, Facebook and Google. BankSouth Business Checking Rates & Fees BankSouth Network BankSouth has five branch offices in Georgia: Lake…
Multi Currency Account vs. Foreign Currency Demand Account for Small Businesses
There are two primary options if your business needs the ability to hold, pay, and receive foreign currency: a multi currency account or a foreign currency demand account. A multi currency account allows you to hold multiple currencies within a single account. A foreign currency demand account allows you to hold a single foreign currency…