Enjoy the freedom of Free Business Checking.

Every business deserves flexible, no-cost financial solutions, and that starts with a Free Business Checking account. Our hassle-free checking account has no monthly fees, plus all the features you need to easily manage your finances on the go.

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No Fees

Enjoy no monthly account fees and no minimum balance requirements.

55,000 Free ATMs

Access your funds easily through our nationwide network of ATMs.

$100 to Open

Open your account with a low minimum deposit of $100, then get down to business.

Open now

Why BayFirst?

At BayFirst, we’re committed to being your best business partner. That means being Here for What's Next® for your business, whether you need a loan to fund your growth, a savings account with big returns, or simply an account designed with you in mind and without all the fees.  Get the freedom to do more for your business with one of the best free business checking accounts available, and be free to grow.

Free Business Checking doesn't need to be basic.

Account Features

  • Only $100 to open
  • Instant-issue contactless business debit card
  • Access to 55,000 free ATMs
  • Up to 250 transaction items per statement cycle
  • Up to $7,500 in cash deposits per statement cycle

Online & Mobile Banking

  • BayFirst Mobile Banking App
  • 24/7 Online and Mobile Banking
  • Online bill pay
  • Bank-to-bank transfers
  • Mobile deposit and free eStatements

Other Benefits

  • Notary services
  • Customer support through the BayFirst Call Center
  • Employee accounts available through our Workplace Advantage Program
  • Up to $250,000 insured by the FDIC
    • Access to additional FDIC insurance protection well into the millions

What's Next? Get started online and open in person.

  • Gather Your Information

    We'll need some basic business information about your business, and your government ID. See our FAQs for more information.

  • Open Your Account

    Stop into a banking center or complete our online form to start the process now.

    Get Started

  • Fund Your Account

    Open your account in person with a minimum deposit of just $100.

Still have questions?

Free Business Checking FAQs

You’ll need to provide your business registration, proof of business address, a certificate of good standing, a government-issued ID, and your EIN (Employer Identification Number). A $100 minimum deposit is required to get started.

A Certificate of Good Standing, also known as a Certificate of Existence or Certificate of Status, is an official document issued by the state government that verifies a business entity is legally registered and authorized to do business in that state having met all state requirements, such as filing annual reports, paying necessary fees, and not facing administrative dissolution. If you do not have one, you can order a Certificate of Good Standing from the Florida SunBiz. The cost is $5.
 

No. Our Free Business Checking has no monthly maintenance fees and no minimum balance requirements. 

While all our business checking accounts come with great features like mobile banking, eStatements, a free debit card, email alerts and more, the main difference is that this account is designed for smaller businesses or those with a lower volume of transactions. It also has no monthly fee or minimum balance requirements and is non-interest bearing.

Qualification criteria varies by bank, but at BayFirst, small businesses, startups, sole proprietors, and nonprofit organizations can qualify for a Free Business Checking account.

Yes, you can order checks for your Free Business Checking account. While the account itself is free, there may be a cost associated with ordering checks.

While BayFirst offers the ability to open many personal accounts entirely online, our opening process for business accounts does require some element of completing at a banking center.  Our online account opening form for business accounts does speed up this process to make opening an account smoother.