Top Benefits

Bluevine minimizes business costs by eliminating many common fees:                         
- No monthly service fee for standard accounts.                          
- No minimum balance or deposit requirements.                         
- No fees for MoneyPass® ATM withdrawals (a fee applies to out-of-network ATMs)

Accounts Payable Automation

Bluevine simplifies bill payments with its automated accounts payable feature. Users can upload bills, schedule payments, and delegate tasks directly from their account dashboard. The platform integrates with QuickBooks Online and allows adding team members with custom permissions to streamline accounting processes. 

Vendor Payments

Business owners can easily pay vendors via ACH, wire transfer, or checks. Recurring payment options and Bluevine’s vendor directory with over 40,000 registered vendors simplify the payment process. Credit card payments to vendors are also possible, even if the vendor doesn’t accept credit cards, for a processing fee.

Transactions

While Bluevine is an online-only platform, it partners with MoneyPass® and Green Dot to provide access to fee-free ATMs and cash deposits at retail locations. The account includes a Bluevine Business Debit Mastercard and two checkbooks.
Safety and Security

Bluevine partners with Coastal Community Bank, Member FDIC, offering FDIC insurance up to $3 million per depositor by distributing deposits across multiple banks.

Mobile App

Bluevine’s mobile app allows account holders to manage their finances, deposit checks, and perform other transactions on the go, available for both iOS and Android devices.

Who Should Use This Business Checking?

Bluevine is ideal for small business owners who are comfortable with online banking and don’t require physical branches. It’s particularly useful for those managing multiple employees, payments, and bills. For business owners who regularly make cash deposits, Bluevine’s Green Dot fees may be a drawback. However, for those looking to earn competitive interest rates and automate payment processes, Bluevine offers strong features.                    

How to Open an Account

You can apply for a Bluevine Business Checking account online or through the mobile app. Applicants need to be 18 or older, located in the U.S., and provide the following:                                    
- Government-issued ID                
- Personal and business information (SSN, EIN, business address, etc.)                         
- Proof of business ownership

Conclusion

Bluevine Business Checking offers robust features for business owners who don’t need branch access, including high APYs, customizable account permissions, and automated accounts payable features. However, frequent cash depositors or those seeking lower transaction fees may want to consider other options.