Compare business checking accounts by what you would actually earn

Headline rates hide the conditions. Pick up to three accounts, enter your balance and habits, and see each account's yearly interest, fees and cash back after the rules that apply to you, and where the answer changes as your balance grows.

Accounts are ordered by what they earn you at your numbers, never by who pays us. SwitchWize has a partnership with Grasshopper Bank through an affiliate network, so we may be compensated if you open an account through links to it; that does not change the calculation. Every figure comes from the product's own page, with the exact quote and the date we read it. Reviewed by Jay Rege on October 9, 2026.

Choose up to 3 products

Your numbers

Average balance

Monthly debit card purchases

Customer payments received per month

Share counted for cash back: 60%

Outgoing domestic wires per month

An NSF item in the last twelve months

What each would earn or cost a year

At your numbers, Grasshopper comes out ahead by at least $423 a year.

Grasshopper Bank

Innovator Business Checking

Partner offer. Ranking never uses this.

$1,083 to $1,170

Interest
$722.50 to $810.00
Tiered APY at $60,000.00; shown as a range because the tier method is unconfirmed.
Cash back
$360.00
1.00% on $36,000.00 of qualifying purchases a year.
Monthly maintenance fee
$0.00
No monthly maintenance fee.

2 caveats

The bank does not say whether a tier rate applies to the whole balance or only to the dollars in that tier. The checking wording says each rate "applies to balances of" a band. Grasshopper states the whole-balance rule only for savings. If checking works the same way, a balance of $250,000.01 earns less in total than $250,000.
The bank dates its rate disclosure 2025-11-03, 342 days ago. Rates may have changed.

Full Grasshopper page

Bluevine

Bluevine Premier

$660

Interest
$1,800.00
3.00% APY on $60,000.00.
Monthly maintenance fee
-$1,140.00
$95.00 a month.

1 caveat

Bluevine says the $95 monthly fee can be waived. The waiver rules are on a separate Bluevine page and are not modeled here, so the fee is counted in full.

Mercury

Mercury Standard checking

Interest
$0.00
No checking interest rate is published for this account.
Monthly maintenance fee
$0.00
No monthly maintenance fee.

Where the answer changes as your balance changes

Holding your other numbers fixed, using the conservative end of any range.

From about $86,000, Bluevine Premier overtakes Grasshopper.

Where each figure came from

Innovator Business Checking

Grasshopper Bank: startup banking page (footnotes 2 to 6), read 2026-10-08; the bank dates its rate 2025-11-03

Quotes and notes

Source quote (apyStatus): 3. Accelerator Checking Annual Percentage Yield (APY) is accurate as of 11/03/2025. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.00% APY applies to balances of $0.01—$24,999.99. 1.35% APY applies to balances of $25,000-$250,000. 1.00% APY applies to balances of $250,000.01 and above. Rates may change after the account is opened. Fees may reduce earnings.
Source quote (apyTiers): 3. Accelerator Checking Annual Percentage Yield (APY) is accurate as of 11/03/2025. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.00% APY applies to balances of $0.01—$24,999.99. 1.35% APY applies to balances of $25,000-$250,000. 1.00% APY applies to balances of $250,000.01 and above. Rates may change after the account is opened. Fees may reduce earnings.
Source quote (openingDeposit): 3. Accelerator Checking Annual Percentage Yield (APY) is accurate as of 11/03/2025. The minimum amount to open an account is $100.00. Rate tiers are as follows: 1.00% APY applies to balances of $0.01—$24,999.99. 1.35% APY applies to balances of $25,000-$250,000. 1.00% APY applies to balances of $250,000.01 and above. Rates may change after the account is opened. Fees may reduce earnings.
Source quote (monthlyFee): Plus, unlimited fee-free transactions, free ACH & domestic wires, and no monthly fees.
Source quote (cashbackConditions): 5. Cash Back rewards offer 1.00% cash-back on all Qualified Purchases made by eligible Accelerator Checking account holders. ... Clients are required to maintain an average balance of $10,000 or more within the calendar month in their Innovator Business Checking account and the account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months.
Source quote (qualifiedPurchases): Qualified Purchases are signature-based purchases made with a Debit Card from an Accelerator Checking Account. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases.
Source quote (excludedPurchases): Any goods or services purchased with the Debit Card issued by Grasshopper Bank that are returned or otherwise credited to the account are not qualified purchases. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with a Debit Card issued by Grasshopper Bank are not Qualified Purchases.
Source quote (cashbackForfeiture): If you or the Bank closes the account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle
Source quote (outgoingWireFee): 4. Free outgoing domestic wire transfers are available for Accelerator Checking and Accelerator Savings accounts that maintain an average monthly balance of $25,000 or more. If the required minimum monthly balance is not maintained, applicable outgoing domestic wire fees will apply. The fee for outgoing domestic wire transfers for an Accelerator Checking and Accelerator Money Market Savings Account is $10.
Source quote (fdicCoverage): where funds are FDIC-insured up to $250,000 and you can access extended coverage up to $125 million. ... your deposits are protected up to $125 million instead of the standard limit of $250,000, subject to change at any time by Grasshopper. Terms and restrictions apply.

Bluevine Premier

Bluevine: business checking page, read 2026-10-08; the bank gives no date for its rate

Quotes and notes

Source quote (apyStatus): PlanMonthly FeeAPYBalance eligible for interestRequirements to earn interestStandardNone1.3%Up to $250,000Spend $500 per month with your Bluevine Business Debit Mastercard® OR Receive or deposit $2,500 per month in customer payments to your Bluevine checking account or sub-accountsPlus$30/month*Learn how to waive the fee1.75%Up to $250,000NonePremier$95/month*Learn how to waive the fee3.0%All balancesNone
Source quote (monthlyFee): PlanMonthly FeeAPYBalance eligible for interestRequirements to earn interestStandardNone1.3%Up to $250,000Spend $500 per month with your Bluevine Business Debit Mastercard® OR Receive or deposit $2,500 per month in customer payments to your Bluevine checking account or sub-accountsPlus$30/month*Learn how to waive the fee1.75%Up to $250,000NonePremier$95/month*Learn how to waive the fee3.0%All balancesNone
Source quote (balanceCap): PlanMonthly FeeAPYBalance eligible for interestRequirements to earn interestStandardNone1.3%Up to $250,000Spend $500 per month with your Bluevine Business Debit Mastercard® OR Receive or deposit $2,500 per month in customer payments to your Bluevine checking account or sub-accountsPlus$30/month*Learn how to waive the fee1.75%Up to $250,000NonePremier$95/month*Learn how to waive the fee3.0%All balancesNone

Mercury Standard checking

Mercury: business banking page, read 2026-10-06; the bank gives no date for its rate

Quotes and notes

Reviewer note (apyStatus): Reviewer note, not a page quote: the page as read on 2026-10-06 states no checking interest rate for this plan.
Source quote (monthlyFee): Free checking and savings accounts Zero monthly fees or overdraft fees Free ACH transfers

Not included, because our verified sources do not cover them: cash deposit fees, ATM fees, per-transaction fees, wire fees where a bank's wire fee is not listed above, minimums, and fee-waiver rules. Rates and terms can change after you open an account. These are estimates from terms each bank published, not quotes, and not financial advice.