Free Business Advantage Checking

Business Advantage Checking FAQs

Find answers to common questions about account features, eligibility, digital banking services and opening a Business Advantage Checking account.

• Who is Business Advantage Checking best for?

  Business Advantage Checking is a great fit for small businesses and organizations with lower monthly transaction volumes that want a simple, no-fee checking account. It provides the essential banking tools you need to manage your day-to-day finances without monthly maintenance fees or minimum balance requirements.

• Is there a monthly service fee?

  No. Business Advantage Checking has no monthly service fee, helping you keep more of your business's earnings.

• Is there a minimum balance requirement?

  No. There is no minimum balance requirement, so you can manage your account without maintaining a specific balance.

• What digital banking services are included?

  Business Advantage Checking includes free online banking with check images, Remote Deposit Anywhere, Online Bill Pay (available upon request), eDelivery, and a free contactless business debit card with digital wallet access for secure, convenient banking wherever business takes you.

• How many transactions are included each month?

  Your account includes 150 free combined transactions per statement cycle, along with free cash deposits and withdrawals totaling up to $10,000 per month.

• What do I need to open a Business Advantage Checking account?

  To open a business checking account, you'll generally need:

  • A government-issued photo ID

  • Your business's Employer Identification Number (EIN) or Social Security number (if applicable)

  • Business formation documents, such as Articles of Organization or Incorporation, partnership documents, or a business license, depending on your business type

  Additional documentation may be required based on your business structure. A Horizon Bank business banker can help you determine exactly what's needed before you apply.