Alzo Bank Business Checking Accounts Review

Alzo Bank Business Checking Accounts is offered by Alzo Bank, a bank founded in 2017 and based in San Francisco, CA. Alzo Bank Business Checking Accounts is available in 50 states (and Washington, DC).

• 0% APY. As with most checking accounts, Alzo Bank Business Checking Accounts does not pay interest.
• $0 monthly fee. This account does not charge a monthly maintenance fee.
• No minimum initial deposit. There is no minimum balance required to open an account.
• No ATM fees. Alzo Bank Business Checking Accounts does not charge fees on ATM transactions.
• ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
• Hard credit pull. Alzo Bank may require a hard pull on your credit report to open a checking account.

Are business checking accounts from Alzo Bank federally insured?

Yes, your Alzo Bank business checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #19048). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Alzo Bank Business Checking Accounts offer?

Alzo Bank Business Checking Accounts is not an interest-bearing account.

What are the account minimums for Alzo Bank Business Checking Accounts?

Alzo Bank Business Checking Accounts does not require a minimum initial deposit.

What fees does Alzo Bank Business Checking Accounts charge?

The good news is that this account does not have a monthly service charge.

What features and perks does Alzo Bank Business Checking Accounts offer?

This account includes the following features:

• ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
• Fraud monitoring - Alzo Bank Business Checking Accounts monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Mobile Banking Services - Alzo Bank Business Checking Accounts allows you to manage your money online. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.