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Business Banking: What to Look For
Somebody asked.....Here are 9 IDEAL business banking account criteria....
1) Service & Account Keeping Fee: Should be low or $0 (if possible)
2) Interest on Balances: ideal, not typical
3) Checkbook Packages: discounted or free
4) Online Banking: offered
5) Combined Business and Personal Banking: for easy transfers
6) Business Debit Cards: offered
7) Business Credit Cards: competitive rates and no annual fees
8) Overdraft Facility: best if connected with your business credit card
9) Easy Access: for convenience, choose a bank that's near your business or home
Make sure you're clear on how many transactions your able to make each month and the cost of going over.
Mainly I just looked for everything to be free. But as you grow you'll need more services and it will cost you.
Hope this helps! :)-The Budgetnista
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