Business checking accounts let you take in business revenue and pay for business expenses, while personal accounts are meant for your personal income and bills. In fact, some bank account ...

Drawbacks of using a personal bank account for business. You might be thinking, “Well, it doesn’t sound that bad to just use my personal checking account for business.” ...

A bank account is a fundamental tool for any financial plan. Here’s how to open one. ... And like a personal bank account, you may be required to make an opening deposit.

Comparing interest rates is an important part of choosing a business savings account. At many traditional banks, personal and business bank accounts have similar rates. You may find more ...

If you’re using your personal bank account for your business, it’s time to switch. Here are the legal and logistical reasons why you need a separate business bank account.