- April 3, 2018 at 1:06 pm #179445
I was just about to open a new account and it’s gone! As of March 21,2018 Capital One is not accepting new business checking accounts, sounds like they are restructuring to add fees. Check out the following links:
FAQ with new items: https://www.capitalone.com/small-business-bank/support/April 3, 2018 at 1:12 pm #180722
Dock David TreeceModerator
Hi, Nicole. Thanks for the question. You’re right – it looks like Capital One is currently restructuring their Spark Business Checking product. It doesn’t sound like they’ll be getting rid of the product since they indicate that current account holders won’t be affected. You will probably be able to open an account shortly, once they’ve made the changes they want. If you’d prefer to find another provider for a small business checking account, we have a good article on the subject. You can read it here: https://fitsmallbusiness.com/best-small-business-checking-account/
If fees are a particular concern and you’d like to read more about some other low-cost business checking account providers, be sure to check out this comparison article: https://fitsmallbusiness.com/best-free-business-checking/
You must be logged in to reply to this topic.