Find the Best Business Savings Accounts & Rates here.
Business savings accounts are a great way to help businesses manage finances. If you are a business owner, make sure you maximize and protect your hard earned cash by opening a business savings account.
Update 9/18/25: We’ve updated our list of the top rates for business accounts.
Featured Business Savings Rates
Axos Business Premium Savings
Discover the Axos Business Bundle, combining flexible checking with high-yield savings and earn an exclusive bonus up to $600. Use promo code SBB600.† Bundle your Business Premium Savings with a checking account and earn up to $600!
How to earn it:
- To be eligible to qualify for the Cash Bonus Promotion, a business must:
- Become a new Axos business customer in the Promotion Period (10/9/2025 – 6/30/2026)
- Apply and be approved for a Business Premium Savings account AND a Basic Business Checking account through a single application (bundle)
- Enter the promo code (SBB600) in the Business Premium Savings / Basic Business Checking application
- Not have qualified for any part of this, or another, Axos promotion on any account(s) within the last 12 months as of the date that the bundled accounts were opened
- To qualify for each cash bonus during an eligible Statement Cycle, an eligible business must meet the following requirements in each Qualification Period:
- Deposit $1,000 or more (via ACH, check, or wire) into their Basic Business Checking account from an external source
- Use the debit card associated with their Basic Business Checking account to make 2 or more approved purchases of at least $50 for each transaction
- Maintain an average daily balance of at least $1,500 in the Basic Business Checking account
- Maintain an average daily balance of at least $50,000 in the Business Premium Savings account
- The Qualification Period begins on the first business day of the month and runs through the 25th of the month.
Terms:
- Axos Small Business Banking customers can earn up to $600 through the Axos Small Business Banking Cash Bonus Promotion. Promotional terms and conditions are subject to change or removal without notice.
- Axos Small Business Banking Cash Bonus Promotion Terms The following terms and conditions (the “Terms”) apply to the Axos Small Business Banking Cash Bonus Promotion, which allows eligible businesses (as defined below) to earn up to $600 on their Basic Business Checking account over 6 statement cycles after account opening by completing the required actions described below.
- Promotion Period: October 9th, 2025 at 12:00 a.m. E.T. – June 30, 2026 at 11:59 p.m. E.T.
- Who is eligible for the Cash Bonus Promotion?
- To be eligible to qualify for the Cash Bonus Promotion, a business must:
- Become a new Axos business customer in the Promotion Period (10/9/2025 – 6/30/2026)
- Apply and be approved for a Business Premium Savings account AND a Basic Business Checking account through a single application (bundle)
- Enter the promo code (SBB600) in the Business Premium Savings / Basic Business Checking application
- Not have qualified for any part of this, or another, Axos promotion on any account(s) within the last 12 months as of the date that the bundled accounts were opened
- Businesses who have opened an Axos Small Business Banking account prior to the Promotion Period are not eligible for the Cash Bonus Promotion. Eligible businesses must complete the qualifying activities described below in each Statement Cycle in order to receive the cash bonus in that Statement Cycle.
- What qualifying activities do I need to complete to earn the cash bonus?
- To qualify for each cash bonus during an eligible Statement Cycle, an eligible business must meet the following requirements in each Qualification Period:
- Deposit $1,000 or more (via ACH, check, or wire) into their Basic Business Checking account from an external source
- Use the debit card associated with their Basic Business Checking account to make 2 or more approved purchases of at least $50 for each transaction
- Maintain an average daily balance of at least $1,500 in the Basic Business Checking account
- Maintain an average daily balance of at least $50,000 in the Business Premium Savings account
- The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the Cash Bonus starting in the following month.
- Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.
- Both accounts must be in an open and active status on the 25th of the month and on the date the Cash Bonus is paid to receive the Cash Bonus for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the Cash Bonus for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.
Unlock a bonus up to $375 with Business Premium Savings.- Save more, pay lower fees, and get a limited-time bonus up to $375 with a 3.80% APY* Business Premium Savings account. Use promo code BPS375.†
- Earn 3.80% APY* With Business Premium Savings
- Free domestic and international incoming wires
- No monthly maintenance fee
- No minimum opening deposit
- No average daily balance requirement
- Business deposit accounts FDIC insured up to $250k
(at Axos Bank)
Piermont Bank High-Yield Business Money Market
With the Piermont Bank High-Yield Business Money Market account, you can earn up to 3.75% APY.
Open an account completely online in minutes to get the best of banking and yield on your funds.- The first FDIC designated multi-racial Minority Depository Institution (MDIs) in the nation It is the only bank with a female CEO, female Board Chair, and a board that is 78% women.
- Make a return on the funds you don’t need to access regularly
- Access to world-class online and mobile banking 24/7
- Variable interest rates, unlimited deposits
- FDIC-insured up to the maximum allowed by law. Extended FDIC insurance available for enrollment
- $25 monthly maintenance fee waived if you maintain a monthly average balance of $1,000
- Maximum six debit transactions per monthly statement cycle by check, debit card, online banking or electronic transfer or payment to a third party
(FDIC Insured)
Live Oak Bank Business Savings
Growing your savings just got easier! Open a new Live Oak Bank business savings account and earn 3.00% APY. Big banks offer high fees and low interest rates. Enjoy a better way to save for your business. High-yield interest. No monthly maintenance fees. No minimum balance requirements.
High interest rate- Transparent online account opening
- FDIC insurance up to $250,000
- Maximize Your Returns. Our competitive business savings interest rates fuel your growth.
- Protect Your Assets. Your deposits are FDIC-insured, safeguarding your business from financial risks.
- Streamline Your Financial Management. Open your business savings account online and add authorized signers to accelerate efficiency.
- Integrate with Your Accounting Software. Connect your account to QuickBooks for seamless financial tracking and reporting.
- Avoid Unnecessary Costs. Benefit from no monthly maintenance fees, boosting your business’ bottom line.
Unlock the potential of your business savings.
(FDIC Insured)
U.S. Bank Platinum Business Money Market
Receive a bonus interest rate up to 3.50% from the account opening date when you open a new Platinum Business Money Market Account and complete qualifying activities, subject to certain terms and limitations. Member FDIC.
Complete these steps to earn the offer:
- Open a new Platinum Business Money Market Account
- 3.50% bonus interest rate when your account balance tier is between $50,000 to $2,999,999.99
- For Platinum Business Money Market accounts with $3 million or greater in balances, the bonus interest rate does not apply, and the full account balance will earn the standard variable interest rate in effect at that time until the account balance is $2,999,999.99 or below.
(FDIC Insured)
Grasshopper Bank Business Checking
With the Grasshopper Bank Business Checking, earn 1.80% APY on balances over $10,000. On top of that, earn 1% cash back with no monthly fee and unlimited transactions.
Innovator Checking clients get exclusive access Grasshopper’s to Innovator MMA Savings account which earns 3.30% APY with balances over $25,000.- Convenient Payment Options: Make secure purchases online or in-store with a tap, swipe or from your mobile wallet with your Grasshopper debit card.
- 24/7 Access to your Money: Fee-free withdrawals at 37,000+ MoneyPass and 8,500+ SUM ATMs nationwide.
- Earn Unlimited 1% Cash Back: Get 1% cash back on online and in-store signature based purchases.
- Instant-Issue Virtual Cards: Create and issue virtual debit cards instantly. Utilize these virtual debit cards for in-person contactless payments or online purchases.
- Digital Card Controls: Elevated security allows you to lock and unlock your card in seconds.
- Unlimited Transfers: Move money easily with unlimited free ACH and incoming domestic wires.
(FDIC Insured)
Best Business Savings Rates
| Bank | Account Type | APY | Minimum/Maximum | Review |
|---|---|---|---|---|
| Mercury | Mercury Treasury | 4.26% | No min/No max | Review |
| Prime Alliance Bank | Business Savings | 4.00% | $200K Min/No max | Review |
| Piermont Bank | High-Yield Business Money Market | 3.75% | $20K min/No max | Review |
| Capital One | Business Savings | 3.70% | $10K min/$5M max | Review |
| Bluevine | Premier Business Checking | 3.50% | No Min/$3M max | Review |
| Newtek Bank | Business Savings | 3.50% | No min/No max | Review |
| Seattle Bank | Private Concierge Business Savings | 3.40% | No min/$999,999 max | Review |
| First Internet Bank | Business Money Market Savings | 3.30% | No Min/$5M max | Review |
| American Heritage Credit Union | High Yield Business Savings | 3.25% | $10K min/No max | Review |
| Heritage Bank | Business Jumbo Deposit | 3.02% | $230k min/No max | Review |
| Live Oak Bank | Business Savings Account | 3.00% | $200K min/No max | Review |
| Lili Banking | Business Banking | 3.00% | No min/No max | Review |
| NBKC Bank | Business Money Market | 2.75% | No min/No max | Review |
| LendingClub Banking | Business Savings | 2.00% | No min/No max | Review |
| Grasshopper Bank | Business Checking | 1.80% + 1% Cash Back | No min/No max | Review |
| Bluevine | Business Checking | 1.50% | No min/$100K max | Review |
| Greenwood Credit Union | Business Money Market | 1.50% | $250K min/No max | Review |
| American Express (30K Bonus Points) | Business Checking | 1.30% | No min/ $500K max | Review |
| Paramount Bank | Business Money Market | 1.25% | No min/No max | Review |
| Premier America Credit Union | Business Money Market | 1.10% | No min/No max | Review |
| Axos Bank ($200 Bonus) | Business Interest Checking | 1.01% | No min/ $49,999.99 max | Review |
| LendingClub | Business Tailored Checking | 1.00% | No min/No max | Review |
| Signature Federal Credit Union | Business Money Market | 1.00% | No min/No max | Review |
Bottom Line
Finally, a business savings account is a great way to earn interest on your business’s money and save up for a big purchase, emergency fund, an unexpected expense, and more!
Furthermore, establishing a savings account for your business may result in future loan approvals since lenders may see that your business has the cash and liquidity to repay the borrowed money.
Be sure to bookmark this list and check back frequently if we helped you find the best savings account and rate for your business.
For more options for personal accounts, see our list of the best bank rates or our list of the latest promotions for business checking accounts.