So you’ve opened up your LLC in Texas and need a business bank account? Or maybe you just want a bank that works harder for your hard earned revenues? Here’s our selection of the best banks to choose when you’re an LLC in Texas. We also provide our advice on finding the account that best suits your needs.
Our selection of the best bank accounts for Texas LLCs
Do you want to create a business bank account for your LLC? We have selected 4 banking institutions that offer bank account offers for LLCs that meet the needs of all managers of small and medium-sized businesses.
- Bluevine – Best overall and free, ideal suited for Texas LLCs who prefer to manage their finances online
- Novo – Best for fee-free digital banking, perfect for small businesses
- Chase – Best traditional bank with hundreds of Texas bank branches for LLCs that require face to face services
- Bank of America – Best for traditional banking, LLCs can avail of over 350 locations in Texas
The various bank accounts presented are a mix of online banks and traditional banks depending on the particular needs of a Texas LLC. This allows SMBs to pick a bank that best fits with their needs and requirements.
Bluevine
Bluevine is an online FinTech company that allows Texas LLCs to easily set up an online bank account which has no monthly fees, transaction fees or minimum opening deposit and excellent online and mobile banking features.
Incoming and Outgoing ACH fees are zero, which is very attractive for Texas business owners who have many transfers. There are some fees with outgoing wire fee of $15.00, whilst cash deposit fees are charged at $4.95 per deposit, but a superb trade overall product that’s easy to use and offers unlimited transactions.
Novo
Novo is a business banking platform for small business owners, freelancers, startup founders and solopreneurs, allowing them to open business checking accounts in minutes.