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I am looking for a free business and personal chec...
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b
I am looking for a free business and personal checking accounts. We are with Chase now and are being charged monthly fees. Any recommendations? Accepting Zelle is a requirement.
m
There are many great accounts, but they don't have zelle... I'm thinking of moving away from Chase but zelle keeps me stuck there.
b
Same issue. What is your non-chase banking preference? Business & Personal
m
I've never found a good bank for both. I use ally for personal and for business I'm currently using Chase but looking to switch. The best one I saw so far looked like Amex IIRC
f
Chase if you spend 2k on a chase cc they will waive the fee
c
I use TD, and get no monthly fees with 100$ minimum balance, am I missing something?
f
Td has zelle
c
Yes
r
Ally has Zelle also, I am very happy with them. I have Ally for most of my banking and a CapitalOne 360 account + M&T bank for local needs
m
Unfortunately Ally doesn't offer business
r
I have an Amex and MECU accounts for business but don’t know if they zelle
n
Is the only point of the business account that they can put it in the business's name? For a sole-proprietorship, does that really matter?
f
Citibank is free is you either have Direct Deposit of like $500 or maintain some balance in some savings
but their Business Accounts are horrible in terms of general usage of the web and phone app - way too much security annoying to login and use (the personal aren't too much better)
w
I'm pretty happy with Bank of America.
But interest on savings is pretty weak.
m
Chase and BOA should be disqualified because of their interest rates
r
I wonder if Zelle for business costs money to receive, one of the local banks (Truist) says this: “_However, Zelle® payments deposited into your business account will be charged a 1.0% fee by Truist._”
🤷‍♂️ 1
k
PNC is good for personal idk about for business. they have zelle
a
I use Wells Fargo. They support Zelle and I do not get a fee because I keep a minimum. https://www.wellsfargo.com/biz/checking/initiate/
t
I've found the smaller regional and local banks to be more friendly and helpful. We use one here that has two branches and is involved in the Jewish community in Chicago (brickyard bank).
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