- ZenBusiness Products
- > Business Bank Account
Get a business bank account with no opening deposit, minimum balance, or monthly activities required.
Only $5 a month.
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Excellent 
15,717 reviews
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ZenBusiness is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC.
Proudly recommended by our affiliate partners*
*The listed affiliate partners will earn commissions if you purchase through links on their website.
Why ZenBusiness Banking?
Easy to open and maintain, our digital checking account is built for businesses starting out.
Made for new businesses
Just $5 a month, and no opening deposit or minimum balance to keep.
Quick and easy path to approval
Since we have your formation info, you can apply in just a few clicks, and get approved.
Business banking, plus more
Small business checking, plus expense tracking, deduction tagging, and tax tools.
Start your business today
Get the fastest information, worry-free services, and expert support you need.
ZenBusiness Banking Features
Untangle your finances
Keep business finances separate from the start, and save time and money on taxes.
No minimum balance to keep
You won’t be penalized for low or no balances, so it’s easy to maintain.
No deposit required to open
Made for new businesses, you don’t need to put down any money to open.
Track expenses as you go
Auto-track and categorize expenses now, so you don’t have to play catch-up at tax time.
Mobile check deposit
Deposit checks in a snap, anytime, from your mobile phone or tablet.
Apply in just a few clicks
Since your business info and formation docs are in our system, applying is fast and easy.
Physical and virtual debit cards
Start using your virtual debit card right away, while you wait for your physical card.
Tag write-offs, save on taxes
Tag business expenses as you go, and see what you can save on your tax bill.
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You pay $0 Upfront + $5/mo
Top Features
ZenBusiness
Banking
Others
Opening deposit required
$0
+$100
Minimum monthly balance
$0
$1,500 – $2,500
Mobile check deposit
Same-day ACH transfers
$0
$10+
Transaction count caps
Varies
Expense tagging & categorization
Additional cost
Linking of external accounts
Tax-time help
Knowledge of your business
Application form fields to fill
Few
Many
LLC filing documents to submit
None
All
EIN requirement
Automatically added
Manual
Branch visit required to open
Likely
FDIC Insurance Available*
Up to $3,000,000
Up to $250,000
You pay
$0 Upfront + $5/mo
$100 Upfront + up to $16/mo
Data for Others based on top national business banks 2023 features, requirements, and pricing.
Banking FAQs
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No, there is no minimum opening deposit or minimum balance required with a ZenBusiness Banking account. So there’s no additional cost to having the account ready for when you need it.
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You can use both your physical and virtual cards for online purchases. However, we recommend that for all e-commerce purchases you use your virtual card details (which are easy to see in your ZenBusiness Banking Dashboard). And for in-person purchases, use your physical debit card.In the event of an issue, it’s a bit faster to replace your virtual card than your physical card (which has to be mailed).
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We’re anxious to offer ZenBusiness Banking to everyone, but it’s only available to those who form their business through ZenBusiness at the current time. It’s also only available to customers who are structured as a single-member LLC (among a few additional criteria).
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Yes. Your deposits are insured up to the FDIC standard insurance amount. This insurance is provided through our partner bank, Thread Bank; Member FDIC. Their FDIC certificate number is [9499] and can be found on the FDIC BankFind Tool.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions regarding the sweep program.
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The only way to currently get cash into your ZenBusiness Banking account is to transfer it in from another account that accepts cash deposits.
Start smart.
Apply for ZenBusiness Banking today and begin separating your business and personal finances as soon as you’re official.
ZenBusiness is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The ZenBusiness Visa Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC.
*Your deposits qualify for up to a maximum of $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions regarding the sweep program.
