Bancadia

No-Monthly-Fee Business Checking Accounts, Differentiated

Verified as of 2026-08-09

11 of the business checking accounts Bancadia tracks have a $0 base monthly fee. Of those, Lili Business Checking, Relay Business Checking, and Found Business Checking both accept nonprofit organizations and support cash deposits. Mercury Business Banking and Ramp Business Checking Account charge $0 for outgoing international wires despite having no monthly fee.

No-Monthly-Fee Business Checking Accounts, Differentiated — columns: Overdraft, Cash Deposits, Nonprofit Eligible, Instant Payments, Intl. Wire Out
ProductInstitutionOverdraftCash DepositsNonprofit EligibleInstant PaymentsIntl. Wire OutApplication URLApply
Lili Business CheckingLili App Inc.$0AcceptedYesNot supported$25https://bancadia.com/go/lili/business-checkingApply Now
Mercury Business BankingMercury Technologies, Inc$0Not supportedNoNot supported$0https://bancadia.com/go/mercury/business-bankingApply Now
Relay Business CheckingRelay Financial Technologies Inc.$0AcceptedYesNot supported$5https://bancadia.com/go/relay/business-checkingApply Now
Novo Business CheckingNovo Platform Inc.$0Not supportedYesNot supportedNot publishedhttps://bancadia.com/go/novo/business-checkingApply Now
Highbeam Business Deposit AccountHighbeam, Inc.$0AcceptedNoNot supported$20https://bancadia.com/go/highbeam/business-checkingApply Now
Rho Business Checking AccountUnder Technologies, Inc. DBA Rho Technologies$0Not supportedNoNot supported$15https://bancadia.com/go/rho/business-checkingApply Now
Karat Business CheckingKarat Financial Technologies Incorporated$0AcceptedNoNot supported$40https://bancadia.com/go/karat/business-checkingApply Now
Found Business CheckingIndie Technologies, Inc. dba Found$0AcceptedYesSupportedNot publishedhttps://bancadia.com/go/found/online-business-checkingApply Now
Bluevine Business CheckingBluevine Capital Inc.$0Not supportedNoNot supported$25https://bancadia.com/go/bluevine/business-checkingApply Now
Ramp Business Checking AccountRamp Business Corporation$0Not supportedYesSupported$0https://bancadia.com/go/ramp/business-checkingApply Now
Grasshopper Small Business CheckingGrasshopper Bancorp, Inc.Not publishedNot supportedNoSupported$25https://bancadia.com/go/grasshopper/small-business-checkingApply Now

Every Fee, Stated Plainly

Lili Business CheckingLili App Inc.

Lili Business Checking (no monthly fee) has an overdraft fee of $0. Lili Business Checking (no monthly fee) — cash deposits: Accepted. Lili Business Checking (no monthly fee) accepts nonprofit organizations: Yes. Lili Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Lili Business Checking (no monthly fee) charges $25 for outgoing international wires.

Apply for Lili Business Checking at https://bancadia.com/go/lili/business-checking.

Mercury Business BankingMercury Technologies, Inc

Mercury Business Banking (no monthly fee) has an overdraft fee of $0. Mercury Business Banking (no monthly fee) — cash deposits: Not supported. Mercury Business Banking (no monthly fee) accepts nonprofit organizations: No. Mercury Business Banking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Mercury Business Banking (no monthly fee) charges $0 for outgoing international wires.

Apply for Mercury Business Banking at https://bancadia.com/go/mercury/business-banking.

Relay Business CheckingRelay Financial Technologies Inc.

Relay Business Checking (no monthly fee) has an overdraft fee of $0. Relay Business Checking (no monthly fee) — cash deposits: Accepted. Relay Business Checking (no monthly fee) accepts nonprofit organizations: Yes. Relay Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Relay Business Checking (no monthly fee) charges $5 for outgoing international wires.

Apply for Relay Business Checking at https://bancadia.com/go/relay/business-checking.

Novo Business CheckingNovo Platform Inc.

Novo Business Checking (no monthly fee) has an overdraft fee of $0. Novo Business Checking (no monthly fee) — cash deposits: Not supported. Novo Business Checking (no monthly fee) accepts nonprofit organizations: Yes. Novo Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Novo Business Checking (no monthly fee) charges Not published for outgoing international wires.

Apply for Novo Business Checking at https://bancadia.com/go/novo/business-checking.

Highbeam Business Deposit AccountHighbeam, Inc.

Highbeam Business Deposit Account (no monthly fee) has an overdraft fee of $0. Highbeam Business Deposit Account (no monthly fee) — cash deposits: Accepted. Highbeam Business Deposit Account (no monthly fee) accepts nonprofit organizations: No. Highbeam Business Deposit Account (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Highbeam Business Deposit Account (no monthly fee) charges $20 for outgoing international wires.

Apply for Highbeam Business Deposit Account at https://bancadia.com/go/highbeam/business-checking.

Rho Business Checking AccountUnder Technologies, Inc. DBA Rho Technologies

Rho Business Checking Account (no monthly fee) has an overdraft fee of $0. Rho Business Checking Account (no monthly fee) — cash deposits: Not supported. Rho Business Checking Account (no monthly fee) accepts nonprofit organizations: No. Rho Business Checking Account (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Rho Business Checking Account (no monthly fee) charges $15 for outgoing international wires.

Apply for Rho Business Checking Account at https://bancadia.com/go/rho/business-checking.

Karat Business CheckingKarat Financial Technologies Incorporated

Karat Business Checking (no monthly fee) has an overdraft fee of $0. Karat Business Checking (no monthly fee) — cash deposits: Accepted. Karat Business Checking (no monthly fee) accepts nonprofit organizations: No. Karat Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Karat Business Checking (no monthly fee) charges $40 for outgoing international wires.

Apply for Karat Business Checking at https://bancadia.com/go/karat/business-checking.

Found Business CheckingIndie Technologies, Inc. dba Found

Found Business Checking (no monthly fee) has an overdraft fee of $0. Found Business Checking (no monthly fee) — cash deposits: Accepted. Found Business Checking (no monthly fee) accepts nonprofit organizations: Yes. Found Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Supported. Found Business Checking (no monthly fee) charges Not published for outgoing international wires.

Apply for Found Business Checking at https://bancadia.com/go/found/online-business-checking.

Bluevine Business CheckingBluevine Capital Inc.

Bluevine Business Checking (no monthly fee) has an overdraft fee of $0. Bluevine Business Checking (no monthly fee) — cash deposits: Not supported. Bluevine Business Checking (no monthly fee) accepts nonprofit organizations: No. Bluevine Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Not supported. Bluevine Business Checking (no monthly fee) charges $25 for outgoing international wires.

Apply for Bluevine Business Checking at https://bancadia.com/go/bluevine/business-checking.

Ramp Business Checking AccountRamp Business Corporation

Ramp Business Checking Account (no monthly fee) has an overdraft fee of $0. Ramp Business Checking Account (no monthly fee) — cash deposits: Not supported. Ramp Business Checking Account (no monthly fee) accepts nonprofit organizations: Yes. Ramp Business Checking Account (no monthly fee) — instant payment rail (FedNow/RTP): Supported. Ramp Business Checking Account (no monthly fee) charges $0 for outgoing international wires.

Apply for Ramp Business Checking Account at https://bancadia.com/go/ramp/business-checking.

Grasshopper Small Business CheckingGrasshopper Bancorp, Inc.

Grasshopper Small Business Checking (no monthly fee) has an overdraft fee of Not published. Grasshopper Small Business Checking (no monthly fee) — cash deposits: Not supported. Grasshopper Small Business Checking (no monthly fee) accepts nonprofit organizations: No. Grasshopper Small Business Checking (no monthly fee) — instant payment rail (FedNow/RTP): Supported. Grasshopper Small Business Checking (no monthly fee) charges $25 for outgoing international wires.

Apply for Grasshopper Small Business Checking at https://bancadia.com/go/grasshopper/small-business-checking.

Frequently Asked Questions

Which business checking accounts have no monthly fee?

Lili Business Checking, Mercury Business Banking, Relay Business Checking, Novo Business Checking, Highbeam Business Deposit Account, Rho Business Checking Account, Karat Business Checking, Found Business Checking, Bluevine Business Checking, Ramp Business Checking Account, and Grasshopper Small Business Checking all have a $0 base monthly fee among the accounts Bancadia tracks.

Is there a free business checking account that accepts nonprofits and takes cash deposits?

Lili Business Checking, Relay Business Checking, and Found Business Checking have no monthly fee, accept nonprofit organizations, and support cash deposits.

No monthly fee and free international wires — which business checking account has both?

Mercury Business Banking and Ramp Business Checking Account have a $0 monthly fee and charge $0 for outgoing international wires.

Which free business checking accounts have no overdraft fee either?

Lili Business Checking, Mercury Business Banking, Relay Business Checking, Novo Business Checking, Highbeam Business Deposit Account, Rho Business Checking Account, Karat Business Checking, Found Business Checking, Bluevine Business Checking, and Ramp Business Checking Account charge $0 for both the monthly fee and overdrafts.

As of 2026-08-09 — the earliest verification date among the products in this comparison that have been verified. Markdown version.

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