Bluevine · Fintechs and neobanks
Bluevine Business Checking review
Bluevine pays interest on business checking itself: 1.3% APY on the free Standard plan when you meet a monthly activity goal, and 3.0% on the Premier plan. Deposits are FDIC-covered up to $3M through partner banks, transactions are unlimited and a line of credit is built in.
Who Bluevine is best for
Businesses holding large operating balances and owners wanting yield without moving cash.
Businesses needing many sub-accounts.
Bluevine pays interest on business checking itself: 1.3% APY on the free Standard plan when you meet a monthly activity goal, and 3.0% on the Premier plan. Deposits are FDIC-covered up to $3M through partner banks, transactions are unlimited and a line of credit is built in.
Fees, features and eligibility
| Interest on balances | 1.3% APY on Standard (with activity); 3.0% on Premier |
|---|---|
| Monthly fee | $0 (Standard); $30 (Plus); $95 (Premier) |
| Transfers | Unlimited transactions; domestic wires $15 |
| Account type | Fintech account (partner banks) |
| Deposit protection | FDIC coverage up to $3M through Coastal Community Bank and partner banks |
| Currencies | USD |
| Who can open it | US businesses |
Source: Bluevine published product information.
What stands out
Pros
- Interest on checking
- FDIC coverage up to $3M
- Built-in line of credit
Cons
- Best rates need a paid plan
- $15 domestic wires
Bluevine: common questions
How much interest does Bluevine pay?
1.3% APY on Standard with activity, and 3.0% on Premier.
What do Bluevine plans cost?
Standard is $0, Plus $30 and Premier $95 a month.
How much FDIC coverage does Bluevine offer?
Up to $3M through partner banks.
Used Bluevine? Help other businesses choose.
