Business Essentials is designed to meet more of your business needs.

Enjoy checking with no monthly maintenance fee.

  • $0 monthly maintenance fee
  • Unlimited digital transactions1
  • 25 free teller and paper transactions per statement cycle2

Accept payments and get paid fast.

  • Free same-day access to funds3
  • Free mobile card reader4
  • $0 software fees

Simplify cash flow management.

  • Integrate your existing software.
  • Manage cash flow with our business banking dashboard.
  • Generate real-time insights.

Get more out of your business checking with fewer fees.

Learn more about the Business Essentials features built to keep your business running smoothly.

Enjoy all the benefits of Business Essentials with no monthly maintenance fee.

Many of the most common transactions made by small businesses are included in the free unlimited digital transactions.1

  • Debit card purchases
  • ATM transactions
  • Electronic deposits (mobile check deposits) and withdrawals
  • Electronic transfers – external transfers, Zelle®, real-time payments, wire transfers and ACH
  • Payment processing credits and chargebacks

Some transactions, like wire transfers, may have transaction fees associated. For a comprehensive list of account pricing, terms and policies, reference the Business Essentials Pricing Information brochure.


Multiple tasks can be completed and be considered a single teller transaction. For example, you can deposit multiple checks during a branch visit, and it would count as one transaction. Teller withdrawals are also considered transactions.

Each paper check written on the account is considered a paper transaction.

Each excess transaction costs $0.50.2

Use your business checking debit card to pay for business purchases and ATM transactions. As a U.S. Bank account holder, enjoy zero fees at any of the 13,000 U.S. Bank ATMs nationwide. 5

Integrate your tools and accounting software in your banking dashboard to view account summaries and electronic statements, track your cash flow, transfer money, pay bills and initiate ACH and wire payments.

Minimize risk and protect company information with fraud prevention tools.

Never miss a beat with our industry-leading support. A real person is always available to answer your questions.

Accept payments and get paid fast with same-day access to funds.3

There’s no need to juggle multiple providers for your checking and card payment acceptance needs. Business Essentials offers both in in a connected experience to simplify your operations.

Eliminate revenue delays.

Get access to your funds seven days a week so you can pay bills quicker, cover your expenses faster and increase your cash flow efficiency.

Improve customer experience. 

Give customers the card payment options they expect with card, contactless payment and digital wallet compatibility.

Build business insights.

View your revenue and expenses in one place to get real-time cash flow insights that help ensure smart and confident choices.

Accept card and contactless payments your way.

Our hardware options offer convenience and flexibility, and our software makes taking and managing payments a breeze. Whichever you choose, you’ll receive payments the next day or within 24 hours of payment batch processing. Payments process every day, including weekends.

Mobile card reader

  • Best for payments on the go
  • $0 monthly software fee
  • Free first card reader ($89 value)
  • Send digital receipts

Handheld terminal

  • Best for in-store transactions
  • $0 monthly software fee
  • $15 monthly hardware rental fee6
  • Send digital receipts or print paper receipts

Price transparency from the start.

Payment acceptance pricing starts at:7

Swipe, tap, insert

2.60% + 10¢ 

Manual transaction

3.50% + 15¢

Online payments

2.90% + 30¢

Still not sure if Business Essentials is right for you?

Talk to a banker.

We’ll connect you with a business banking specialist to see if Business Essentials is right for you.

Make an appointment

Get a checking account recommendation.

Answer a few questions to find the right checking solution for your business.

Get a recommendation

Easily switch to a U.S. Bank business checking account.

Use our business EZ Switch Kit to transfer to a U.S. Bank business checking account.

Download the EZ Switch Kit PDF

Frequently asked questions

U.S. Bank Business Essentials includes a business checking account, a point-of-sale system and payment processing.

To get Business Essentials, you’ll need:

  • Your business’s Employer Identification Number (EIN) or tax ID number, or your Social Security Number if you’re a sole proprietorship
  • Articles of Incorporation, Articles of Organization or a charter or similar legal document that indicates when your company was formed (not required for sole proprietors)
  • Social Security Number for primary account holder
  • Name, email address and phone number for any additional owners with 25% or more ownership in the company
  • Learn more about application requirements based on your business structure.

If your business doesn’t need the payments acceptance and processing features that Business Essentials has to offer, you can still use it as your checking account and enjoy all the benefits of a U.S. Bank business checking account.

Checking and card payment acceptance are approved separately, and approval for checking doesn’t guarantee approval for accepting payments.

Yes. With end-to-end encryption, your customer information is protected by the latest authentication technology.

All major credit and debit cards:

  • Visa, MasterCard, Discover and American Express

Contactless payments:

  • Apple Pay™ and Google Pay™
  • Tap to Pay on iPhone8

Prefer to talk TO a banker?

Make an appointment
Request a call
Call 800-673-3555
Find a branch
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Disclosures

For additional information call 855-955-2760 or visit your local branch for a copy of Business Essentials Pricing Information disclosure or refer to Your Deposit Account Agreement (YDAA).

Eligibility requirements and restrictions apply. Please refer to the Digital Services Agreement for more information.

Deposit products are offered by U.S. Bank National Association. Member FDIC.

Other conditions and restrictions may apply. Terms may change without notice.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Google, Google Assistant, Google Home, Google Home Hub, Google Home Max, Google Home Mini and Android are trademarks of Google LLC.

Payment processing services must be enabled within 90 days of Application approval, and a card processing transaction must be completed within 180 days of application approval. Payment processing services are enabled by the customer by ordering hardware during the Application process or by indicating they are ready to start taking payments after application approval in Online Banking. If both enablement and a card processing transaction are not completed within the respective timeframes, customer will need to re-apply for payment processing services.

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  1. Digital transactions include electronic deposits, electronic withdrawals, ATM transactions, Elavon payment processing credits and chargebacks, electronic transfers, ACH, debit card purchases. Certain transactions may have additional service fees. Refer to U.S. Bank Business Essentials® Pricing Information or contact your Business Banker for complete pricing information.

  2. Teller transactions include deposits and withdrawals made with a banker/teller at a branch and paper checks written on the account. Transactions are $0.50 each once free transactions are surpassed. Certain transactions may have additional service fees. Refer to U.S. Bank Business Essentials® Pricing Information or contact your Business Banker for complete pricing information.

  3. Sales are processed daily and deposited into the associated checking account. Funding speeds will vary between weekdays and weekends and are dependent on batch settlement times. Batches will be processed every day, including weekends. Changing the account that your funds are deposited into may impact your funding speeds. Fee to retain daily funding and deposit applies when the associated checking account is a non-U.S. Bank checking account. Please see the U.S. Bank Business Essentials® Payment Processing Terms of Service and Operating Agreement for details.

  4. One free Ingenico Moby/5500 card reader is included and is only available for customers applying for a new U.S. Bank Business Essentials® account through the online application. Card reader cannot be redeemed for any other hardware purchase or account credit. Additional card readers available for a fee.

  5. ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen.

    ATM Surcharge. Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs. U.S. Bank participates in MoneyPass®, an ATM surcharge free network. To find MoneyPass ATM locations, select “visit the MoneyPass locator” at the bottom of our ATM locator search results to be taken to the MoneyPass website. If you use an ATM that uses the MoneyPass® Network and are charged a surcharge fee, please contact us at 800-USBANKS (872-2657) for a refund of the surcharge fee.

    Please refer to the Business Pricing Information section titled “Other Service Fees” for a summary of ATM Transaction fees.

  6. Rentals may result in paying more for the equipment over time as compared to purchasing. Rental equipment may be new or used and is dependent on inventory available at time of order. All used equipment is inspected and refurbished upon return before being re-deployed. Rentals are month to month and may be terminated at any time by Company. Additional provisions around the use of rental equipment can be found in the Business Essentials Payment Processing Terms of Service and Operating Agreement.

  7. U.S. Bank Payment Solutions are powered by Elavon, a wholly owned subsidiary of U. S. Bank NA. Elavon assesses the following transaction fees, depending on the acceptance method for the credit card payment:

    Swipe, tap, insert: 2.60% of transaction amount + 10 ¢ per item
    Manual transaction: 3.50% of transaction amount + 15 ¢ per item
    Online payments: 2.90% of transaction amount + 30 ¢ per item

    Disclosed transaction fees apply for online applications. Transaction fees may vary and other fees may apply for accounts not opened online.

  8. Tap to Pay on iPhone requires a supported payment app and the latest version of iOS. Update to the latest version by going to Settings > General > Software Update. Tap Download and Install. Some contactless cards may not be accepted by your payment app. Transaction limits may apply. The Contactless Symbol is a trademark owned by and used with permission of EMVCo, LLC. Tap to Pay on iPhone is not available in all markets. For Tap to Pay on iPhone countries and regions, see https://developer.apple.com/tap-to-pay/regions/.

    Apple Pay is a service provided by Apple Payments Services LLC, a subsidiary of Apple Inc. Neither Apple Inc. nor Apple Payments Services LLC is a bank. Any card used in Apple Pay is offered by the card issuer.