Bluevine
Bluevine offers a comprehensive business banking platform designed for small and medium-sized businesses.
Our verdict
Who it's for
Banking beyond expectations with a powerful business banking platform for growth.
Who should look elsewhere
Bluevine is a financial technology company, not a bank, relying on partner banks for FDIC insurance.
Pros
- +High APY on checking balances compared to traditional banks
- +No monthly fees or minimum balance requirements for the standard plan
- +Comprehensive suite of financial tools in one platform (checking, lending, payments)
- +Innovative Tap to Pay feature eliminates need for extra hardware
- +Strong security features including FDIC insurance up to $3 million
Cons
- −Bluevine is a financial technology company, not a bank, relying on partner banks for FDIC insurance.
- −Higher APY rates and some payment fee discounts require upgraded, paid plans.
- −Stripe processing fees apply for Tap to Pay and other card payments.
Key features
- ✓Business checking account with up to 3.0% APY
- ✓No monthly fees and unlimited transactions for standard plan
- ✓FDIC insurance up to $3 million
- ✓Business Line of Credit up to $250,000
- ✓Business Term Loans up to $500,000 (through partners)
- ✓Professional invoicing with company logo
- ✓Secure payment links powered by Stripe
- ✓Tap to Pay (phone as card terminal) for contactless payments
Pricing
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Standard | — | month | 1.3% APY for eligible customers; No monthly fees; Unlimited transactions |
| Plus | — | month | Up to 3.0% APY; Discounts on most Standard payment fees |
| Premier | — | month | Up to 3.0% APY; Discounts on most Standard payment fees |
Integrations
Stripe