Here’s how KeyBank Business Checking compares with popular alternatives.
KeyBank Business Checking vs NBKC Bank Business Checking Account
NBKC Bank Business Checking keeps things simple and affordable. With no minimum balance, no monthly fees and unlimited transactions, it’s perfect for startups and small businesses looking to save money. NBKC Bank Business Checking also doesn’t charge you for stop payments, whether in-branch or online, incoming domestic wires, overdrafts or ordering a debit card.
While NBKC doesn’t have many physical branches like KeyBank, it makes up for it with excellent online banking, low fees and free access to a nationwide ATM network.
KeyBank Business Checking vs Bank of America Advantage Relationship Banking®
KeyBank Business Checking and Bank of America’s Business Advantage Relationship Banking each have their perks and helpful features. KeyBank offers three business checking accounts that cater to small- and mid-size businesses with low to moderate transaction volumes.
Bank of America’s Business Advantage Relationship Banking, on the other hand, makes more sense if your business has higher transaction volumes, requires larger monthly deposit amounts and needs complex business banking services like payroll support. The bank’s global presence can also be helpful if you do business internationally.
KeyBank Business Checking vs Axos Bank Business Interest Checking
Axos Bank’s Business Interest Checking earns a competitive interest of 1.01% on balances below $50,000 and comes with access to dedicated Axos Bank relationship managers. However, it carries a $10 monthly fee and has a low remote deposit limit of 60 items per month. Plus, it only earns the best interest rate on balances below $50,000.
The KeyBank Business Interest Checking account also earns interest, but a measly 0.01% on all account balances. So, if you want to maximize your earnings, the Axos Bank Business Interest Checking account may be the better choice.