Best Business Checking Account For Startups & Bad Credit: High Approval Online Bank Account

[@LYFEAccounting]

Watch Next: Ultimate List of Small Business Grants - kzbin.info/www/bejne/q3ivpp54eat6h9E

[@dvonnbrown2485]

I don’t opp o🧐 opportunities will get up on on ip

[@heartstarottm9245]

Which one is your favorite account?

[@skoopqueen]

Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.😊

[@skoopqueen]

Indeed, successful investing often requires a solid foundation of knowledge. In my journey, I've found that having a trusted financial consultant is key, especially when it comes to selecting the right assets. I've been working with Regina Louise Collaro, an investment advisor associated with a licensed wealth management firm, and my financial experience has significantly improved. Her reputation in the industry is quite remarkable, and her guidance has led to financial stability and regular passive income. I highly recommend considering an experienced investment advisor for your financial goals.

[@skoopqueen]

Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information on reaching her, you can conduct a search online..

[@ugojazzy7812]

personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does

[@NomadTrailRider]

What type of passive income have you had success with?

[@skoopqueen]

Institutional investment

[@ajfriall]

Funny how I search for business checking account tips and the first video I come across is from one of my hs classmates! Great job Keran and LYFE!

[@DIDDYTBABY]

Alexa please play Mike Jones “Back Then” 🫣🫠🫢

[@ajfriall]

@Wave Wipez I just gave a former classmate kudos. Relax.

[@maddluv]

@@ajfriall 😂

[@lfields41]

I absolutely love watching you. I've learned so much

[@kanoshagray7621]

Love seeing the diversity and inclusion within major educational & professional aspects of life! Keep being great king 💪🏽

[@age_of_reason]

So what you're trying to say (without saying it) is that you love seeing black people posting educational content on YT. I think you need a check up from the neck up.

[@antonio_g237]

LMAO😂😂😂😂😂Diversity equates to mediocracy. No Thanks!

[@tonygoodman4526]

Understood everything you said. Thanks for making it plain. I'm ready to breakthrough.

[@alexandercolon7588]

The greatest at breaking things down and making it understandable with great video quality i be tell everyone about this channel

[@metanpobikelropa]

The business banker might also ask you what your annual revenues are, so have an answer ready. They will not attempt to verify in any way, but they will put it in the system. Sometimes they also ask how much in cash deposits you plan on making monthly, so my recommendation is to say very little to none. If you say you will be depositing large amounts of cash ($10k+) per month, then they will flag your account. Banks also charge fees for cash deposits over a certain amount every month. They might also try to sell you an expensive business check package with rubber stamps, book, etc. Politely decline and just get the minimum business check order.

[@guzzy8579]

thank you so much for all the information you provide.

[@mohamedcondomat5881]

Thank you for all the free information

[@T2TYPICAL]

The information that you give is super helpful thank you keep up the great work!

[@kamiaque2970]

Thank you for all the valuable information

[@LYFEAccounting]

We appreciate you watching.

[@mythicalserenity1403]

Thank you so much for the advice! Just opened up a blue vine account right after finishing your video 😊

[@resonaterenaissance]

Thank you, your insights are appreciated!

[@SeanTheDon17]

I get this question all the time!! You all did a great job at breaking this down. Now I can just send people this video when they ask.

[@LYFEAccounting]

Glad we could be a resource for you and yours. Thanks for watching.

[@z_mialoves8218]

What do you think about kabbage bank account?

[@andreacarter2108]

Awesome information, thank you!

[@yassireltigani3456]

Thanks gor a great video. Any specific recommendations in Texas.

[@curtismayfield4166]

Just stopped by to hit the like, great content.

[@maycitadel1354]

The question is do you bank with any of these banks... where is your KZbin LLC account with?

[@warriorlady1656]

@May Citadel I see he didn't respond to your question.

[@dennis-theguyfromitaly9787]

And what about Novo ? Great video!

[@lauras262]

Just a heads up that if you do any correspondence by PO box, Bluevine will not accept a PO box. Even as a mailing address if you can’t get mail at your residence, no exceptions. Just experienced this today.

[@tonyswifey7976]

This is sooooooo true. I just changed my Buisness account

[@LYFEAccounting]

Love it. What bank did you end up switching to?

[@tonyswifey7976]

@@LYFEAccounting from Chase to BOA. Someone tried to hack my accounts. Chase caught it and froze all 5 of my accounts for over a week. Tenants could not pay my rent through Zelle and paychecks bounced. A nightmare. You gave sound advice about keep personal and Buisness at different banks.

[@keshastanford8413]

@@tonyswifey7976 My Personal account is at BOA and my Business accounts are at Chase

[@tonyswifey7976]

@@keshastanford8413 when chase froze all my accounts I had no access to any of my funds for a week until lifted including charge cards. BOA minimum is $5000 versus $1500 for chase. Which is $2000 now. I kept all other accounts except my Buisness. The hack was an inside job but my Buisness suffered for a week. I’m grateful they caught the hack. My private banker hated I moved my Buisness account. All my money was returned and everything was restored.

[@WeOwnTheWeekend_Outdoors]

Nice breakdown brother!

[@LYFEAccounting]

Appreciate it!

[@millirock5463]

Thank you for the great information.

[@jbarres80]

Just opened business account with PNC and was denied for credit card my Credit is 780 so I applied for chase ink and was approved 🤷🏼‍♂️

[@Vanessa_Martinez]

Thank you this is by far the best business bank account video on KZbin!! I love how you incorporated the what you need at the end. Thank you so much this is exactly what I was looking for.

[@peterbradley7208]

Appreciate yall

[@LYFEAccounting]

We appreciate YOU Peter! Thanks for subscribing.

[@demetriows1207]

Solid advice thanks for great overview and bonus tip about things needed at the end.

[@LYFEAccounting]

Glad it was helpful!

[@Mah_fb]

The best video! Easy to understand

[@LYFEAccounting]

Glad it was helpful! Thanks for supporting the channel.

[@chaslaspata5385]

Just wanted to say thank you and your videos are very well organized and very helpful. Please keep up the good work!

[@LYFEAccounting]

I appreciate that! Thanks for tuning in.

[@Liv5five]

I just got approved at bluevine, thank you!!

[@scottdaniel4096]

Bluevine bank is useless

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@serene_001]

Great information!!

[@LYFEAccounting]

Thanks for watching!

[@serene_001]

@@LYFEAccounting Thanks for sharing, you are appreciated.

[@sos8353]

Phenomenal phenomenal content thank you what bank would you recommend for ATM banking? ( And second chance if possible)

[@2020Dreamlife]

Thanks my Man

[@ak-loz]

best video i've come across in a long while. I love the pace, i love the way the info was presented, well done!!

[@vhulitt62]

Love your clear and concise instructions.

[@davidlemons5650]

Great job! I have a question. Can you update now that BBVA is part of PNC.

[@paulhutchinson8227]

Good job, very informational👍🏿

[@LYFEAccounting]

Thanks for watching and supporting the channel.

[@chasingsavoryspaces6921]

Thank you for sharing!!

[@LYFEAccounting]

You are so welcome!

[@johnc9995]

Thank you !!

[@flaviodeanfrost9026]

THANK YOU. 🤩

[@cassiejackson5822]

BBVA is now PNC bank.

[@scottdaniel4096]

Yeah , that’s absolutely bank that you needed

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@sidehustlemoney7373]

Thank you for this video! Great information as usual. You guys are awesome 😎

[@LYFEAccounting]

Thanks. We try our best haha

[@helencampanella9725]

THANK YOU,ALL

[@timgoos9389]

what about cash deposits for the online banking accounts?

[@LooseJointhiphopdance]

Your video was very informative. Thanks a lot

[@LYFEAccounting]

Glad it was helpful!

[@latonyawilliams4145]

Hi, Im a newbie to your videos. Your videos are very information. For a new business is it a bad idea to go straight for a chase business account.

[@scottdaniel4096]

Chase is absolutely good for a business 100 percent

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@AuroraDawnWitchcraft]

Thanks for this!

[@DirtyMoney1971]

Did you say American Business Checking with bonuses!! What about Small Business Bank!!

[@LizetteReyes]

Oh I am going Credit Union for now :)

[@LYFEAccounting]

Love it!

[@Bi6HusodaO6]

Pen Fed is great

[@kiaralooper116]

I have a question & what if you filed a bankruptcy chapter 7

[@martyfrancis1011]

A big Con NBKC. You have to be a business in Kansas City.

[@Bi6HusodaO6]

No you don’t

[@charisselewis6999]

Thank you very helpful.

[@LYFEAccounting]

Glad it was helpful! Thanks for watching.

[@oneshotvidi]

FYI - Bluevine is not a bank.

[@ShopperPlug]

"Second chance banks" lmao i like the name of it.

[@lscaddycoupe8189]

Relay bank is a great one

[@lyfewdabrowns]

New to your channel A thanks gor information! ~Alicia 🙌🏾

[@LYFEAccounting]

Thanks for subbing and happy to help!

[@henrymitchell7612]

Just open an LLC, what is the best inexpensive accounting software ?

[@gscott913]

Thanks bro

[@realisrealwithdj5681]

Thank Brody

[@LYFEAccounting]

Thank YOU for watching and subscribing.

[@ridealvinexpresstaxi]

Great, great information as usual. Thank you.

[@LYFEAccounting]

Our pleasure. Thanks for your continued support.

[@eddyfairbanks4150]

Awesome 👍🏾

[@rockypeter8296]

It's 7 business days to get access to your money if you use Mercury Business Account to Deposit your checks. In my opinion that's too long!!!

[@maritestaylor8458]

Awesome 😎😎😎😎😎

[@Mark-xk4vc]

Will a chase charged off business account affect My credit score if I paid off the negative balance.

[@JasmineBarnes-cp9ww]

For the Mercury account can you transfer funds from another bank into the account since you can not deposit cash?

[@evelizesther]

Hello👋🏽 enjoyed the information here! However, I’m stuck and indecisive 🤷🏽‍♀️ between the Blue Vine & Mercury… I guess I need a nudge of confidence to make this choice.. HELP?😅

[@evelizesther]

@Goodness grace Gracious umm no thank you👍🏽

[@jbraid35]

I like Bluevine

[@EssenceUnapologetically]

🔥@LYFE😉💯🥂🙌😂‼️ THNX supr much 4 thisninfo🥂🙌😂! BBVA was bought out by PNC, so wat credit unions & banks do u suggest in Calif? Capitol One?ONE? When I had a chase personal acct, they did me dirty = I don't trust them, Wells F or BOA very much ither😕😒🤨

[@scottdaniel4096]

BOA bank is okay and capital one or any other credit union like patelco credit union for Californians only

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@CountryBlessingz]

Greetings, did PNC buy out BBVA and are there any BOBanks that offer business accounts?

[@vhulitt62]

Do you have a link for Chase?

[@lechugaevencio6718]

Thank you☺️

[@81quiroz]

What about relay

[@elizavillaalva6395]

thank you!

[@LYFEAccounting]

You're welcome!

[@fianatrotter8689]

Great video, I’m wondering if you can help me out. I live in Los Angeles and the taxes for LLC are high was wondering if I set it up in a state with lower fees would this be ok. I spent so much trying to get everything going wasn’t able to and ran out of money owe taxes on a LLC I wasn’t able to use. I want to start over in a more adorable state.

[@lynh.2838]

@LYFE: yes please, answer @Fiana Trotter’s question because I also live in Cali. And we have to pay $800 yearly for our LLC in the state of California.

[@juniorkirkland25]

@@lynh.2838 from what I heard for California because of the pandemic they had extended the $800 yearly fee for LLC to 2024 don't quote me on it but do your research first

[@E_steban]

Get a holding company first and then get a subsidiary underneath that

[@blackpirateinc145]

Thank you.

[@melaniefuifui6811]

What do you think about Relay and NOVO?

[@scottdaniel4096]

Novo bank is good

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@nidalhashmi6444]

hey iam a non resident and i have registered LLC in USA and i have EIN number as well, is there any way i can create business account ? which bank ? appreciate alot man ! :)

[@orville725]

Hi i have a non resident LLC startup online retailer business registered in Wyoming . Also have an EIN .Can i access business loans & credit card ?

[@Bi6HusodaO6]

Yes you can start with credit strong they have a product for building business credit they give you a 10k trade line as you pay monthly into it and they report your payment n trade lines to all three bureaus

[@sirlenzomccloud3356]

Good video

[@LYFEAccounting]

Thanks for the watching!

[@realrobinhood2day]

Chase (JP Morgan) has been reported to discriminate against religious groups. Look it up.

[@dherb8277]

Hi bro! Can you set up an LLC in nyc without doing a publication also?

[@DJRatchet1]

No lies detected here

[@JTaNay93]

How do I project annual sales as a brand new business?

[@scottdaniel4096]

It’s vividly simple

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@OO-je9lk]

I'm a new subscriber and thanks for doing this. My question is, what do you recommend for a sole proprietorship business owner just starting out at home, who needs to separate their personal account from their business account?( selling 1 or 2 resellable items on eBay with no registered business/ llc or business name?)

[@LYFEAccounting]

Congrats on starting. You can simply use two different personal accounts. :)

[@OO-je9lk]

@@LYFEAccounting , thank you! Didn’t think of that!

[@healthysun3156]

Does bank ask for our LLC website , our Walmart store , linkin before they approve our business bank account?

[@LYFEAccounting]

You will need your EIN, business phone number, and business address.

[@angelaguilar5627]

I have a question I just currently starting my construction business got my Llc and I been getting some cash and checks how do I do it to pay the workers in checks do I need a business checking account?

[@Bi6HusodaO6]

Yes a business checking would be great I use chase they give you checks with ur business banking account

[@LYFEAccounting]

Yes, you need a business bank account!

[@nitaj161]

How does this work for non profits !! I’m new to all of this , please help

[@LYFEAccounting]

Hey! It works pretty much the same but some banks, like PNC, offer special accounts to non-profits. You will also be required to bring in your non-profit docs and adhere to FinCEN rules. Hopefully, that helps.

[@msreality8120]

Thanks

[@LYFEAccounting]

Anytime!

[@timhearn1092]

any advise on setting a business phone number

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@junitotorres9621]

Thank u

[@habibsarr6262]

I live in canada and own an LLC in the usa for my real estate business. I do not have a USA ID but do have an EIN number for my LLC. How can i open a business checking account in the us? Thanks for the great video

[@Bi6HusodaO6]

Try Pen Fed I just got them it’s a credit union online banking they have great products

[@Everyone_loves_]

This is off topic I had a gov't employee file my taxes and he itemized to much and I was audited and now owe 18,000 in taxes is there is anything I can do to avoid paying this currently I am on a payment plan and is struggling to make the payments

[@scottdaniel4096]

Obviously there’s a major thing that you can do

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@chrishall2906]

Go out and get my own business

[@carlosruiz8081]

What you recomend to me, I have chase for my regular bank account, but I starting my business and I don't know if get chase business account for my company but separate from my personal account or you think the best choice is do my business account with other bank?

[@LYFEAccounting]

Compare what Chase is offering to other business bank accounts.

[@Bi6HusodaO6]

I have a chase business n personal account chase has great products for business I also just started using Pen Fed as well they are great

[@Bi6HusodaO6]

Definitely choose chase their great for business as well

[@earl1906e]

The 1st question is should I get a virtual address 1st before I get and EIN AND then a LLC? Looking for the correct order.

[@sigourneychambers2489]

I have an LLC named Ebony Crown LLC.

[@scottdaniel4096]

Oh that’s good

[@scottdaniel4096]

Have tried cash hack program ?

[@RS-hs2hc]

Is kabbage still on a wait list for new customers?

[@LYFEAccounting]

Hey! It does not appear to be on a waitlist at the moment.

[@knailbakery7873]

I bank with chase, would it still be smart to open up a business bank account with them even though you said don't in the beginning lol

[@LYFEAccounting]

lol Compare their offerings to other business accounts to see which one aligns with your goals/needs.

[@scottdaniel4096]

Chase bank is absolutely okay and good

[@scottdaniel4096]

Have you heard anything about cash hack program?

[@sweetjessiegii]

You mention at the start of the video that having a business account with the same bank you have a personal account, why? What are the cons to that?

[@LYFEAccounting]

I mentioned that it may not be the "best" option for you, as other banks may have better options and features.

[@bomathura275]

Great