Radius Bank Business Account for Small Business Owners

If you're a small business owner, you'll want to consider Radius Bank's Business Account designed specifically for entrepreneurs like you.

With Radius Bank, you can earn up to 1.75% APY on your business checking account.

This account offers a range of benefits, including no monthly maintenance fees, free ATM withdrawals, and mobile deposit capabilities.

You can also enjoy unlimited transactions, including debit card purchases, ATM withdrawals, and electronic deposits.

Radius Bank offers a comprehensive business account that covers all your financial needs. You can access your account through various means, including cheques, debit card, and online banking.

One of the key benefits of Radius Bank's business account is the availability of a Line of Credit, subject to application and approval. This can be a valuable resource for businesses that need to manage cash flow.

You can make purchases with your Radius Bank debit card, both in-store and online, using your signature or PIN. This convenience is especially useful for businesses that need to make frequent transactions.

Radius Bank's business account also offers overdraft protection, which can provide peace of mind for business owners. This feature can help prevent unexpected overdraft fees and ensure that your business can continue to operate smoothly.

Here are some of the key features of Radius Bank's business account:

If you're considering a Radius Bank business account, you'll want to think about your banking options carefully. There are many factors to consider before making a decision.

Look for an online bank that prioritizes your financial security, such as one that is FDIC insured. This will give you peace of mind knowing that your money is protected.

Services and management tools are also crucial. Will you need a business credit card, merchant services, or employee cards? Make sure the online bank you choose offers the services you need to run your business smoothly.

Interest rates and fees are another important consideration. Some online banks offer higher interest rates on deposit accounts than traditional banks, so be sure to compare rates. Also, be mindful of service fees, such as overdraft fees, minimum balance fees, and monthly service fees.

Having excellent customer support is vital. Look for an online bank with a great online help center, a reputation for good customer service, and a user-friendly mobile app for banking on the go.

Here are some key services to consider when choosing an online bank:

Protecting your business's financial future is a top priority, and with a Radius Bank Business Account, you can rest assured that your money is secure. The account is FDIC-insured, which means your funds are protected up to at least $250,000.

You can't put a price on peace of mind, but with an FDIC-insured account, you can have confidence that your money is safe.

Radius Bank's Tailored Checking Account is a great option for small businesses, but you'll need to consider a few things before opening it. The account requires a $100 minimum opening deposit, which is a relatively low barrier to entry.

To get started, you can open an account online in 10 minutes or less, making it a convenient option for busy business owners. The account's other perks include no minimum balance requirement after the initial deposit, no ATM fees, and free bill pay.

You'll also have access to 24/7 online and mobile banking options, which is a must-have for many businesses. Plus, you can earn interest on your money if you keep your balance at $5,000 or higher, with a 0.75% interest rate that's well above average.

However, it's worth noting that accounts with balances below $5,000 will be charged a $10 monthly maintenance fee. Be sure to keep an eye on your balance to avoid this extra cost.

Here are some key factors to consider when choosing an online bank account for your business:

You can earn up to 1.00% APY with a Radius Hybrid checking account, which is a generous amount of interest for a checking account.

To earn the most interest, you'll need to have at least $2,500 in the account, which is a manageable balance if you're budgeting and saving regularly.

This means you won't have to transfer money between accounts to maximize your earnings, which can be a hassle.

The Radius Hybrid Calculator can help you determine how much interest you'll earn over a 12-month period, so you can plan ahead and make the most of your money.