Last Updated: 01/16/2026
SuperMoney User Recommendation Score +20
Mostly recommended5 total votes
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Highlights
Community Rating
Mostly recommended
Monthly Service Fee
Starting at $0(Verified 03/19/2025)
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ATM Fee: Out-of-Network (within the U.S.)
N/A
Minimum Average Balance to Avoid Monthly Service Fee
N/A
APY (Annual Percentage Yield)
2.50% - 3.0%(Verified 02/12/2025)
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Number of Reviews
North One Business Checking Account Review
North One Business Checking Account is offered by North One, a business banking platform (that integrates sales, payments, and budgeting) founded in 2017 and based in New York, NY. North One is available in 50 states and Washington D.C.
Key Takeaways
- Up to 3.0% annual percentage yield (APY). This account offers an annual percentage yield of up to 3.0%, which is much higher than the average for the checking accounts that we track
- No minimum initial deposit. There is no minimum balance required to open an account online.
- Bill pay. Pay your bills to practically anyone in the United States when you enroll in North One mobile or online banking.
North One Business Checking Account Pros & Cons
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North One Business Checking Account FAQ
Are business checking accounts from North One federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC #32551). 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 North One Business Checking Account offer?
North One Business Checking Account offers an APY starting at 2.50% and ranging up to 3.0% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 2.50% - 3.0% |
What are the account minimums for North One Business Checking Account?
North One Business Checking Account does not require a minimum initial deposit.
| Description | Amount |
| Minimum Initial Deposit | $0 |
What fees does North One Business Checking Account charge?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: In-Network | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Overdraft Item Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Online Bill Pay Fee | Starting at $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Outgoing) | Starting at $15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Incoming) | Starting at $15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What features and perks does North One Business Checking Account offer?
This account includes the following features:
- Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
- Fraud monitoring - North One Business Checking Account 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.
- Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - North One Business Checking Account 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.
North One Business Checking Account Disclosure: *The Annual Percentage Yield ("APY") for your Standard or Plus Plan is variable and may change at any time. 2.50% APY applies to Standard Accounts, and 3.00% APY applies to Plus Accounts on balances of $250,000 or less if eligibility requirements are met, including but not limited to a cumulative monthly card spend of at least $500.00, and if the account balance is greater than $0.00. For Accounts with balances over $250,000 the APY will range from 3.00% to 2.14% for Plus Plans and 2.50% to 1.78% for Standard Plans. The disclosed APY is effective as of December 18, 2024, please see your APY Program Terms & Conditions for details.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from NorthOne
Hours of Operation
Sunday
8:00AM - 1:00AM
Monday
8:00AM - 1:00AM
Tuesday
8:00AM - 1:00AM
Wednesday
8:00AM - 1:00AM
Thursday
8:00AM - 1:00AM
Friday
8:00AM - 1:00AM
Saturday
8:00AM - 1:00AM
Other Services by North One
SuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +20, or 3.4 on a 5-point rating scale.
+20
-1000+100
No one recommends
Everyone recommends
North One Business Checking Account Community Reviews
Would you recommend North One Business Checking Account to your friends?
U
Anonymous
May 30, 2025
May or may not recommend
Easy to set up and a simple fee structure ($10 a month and wire transfer fees). I like how you can connect QuickBooks, PayPal, and Stripe to the account.
Collins T.
Nov 15, 2023
May or may not recommend
NorthOne Business Checking Account stands out as a fee-friendly option that provides the flexibility of a checking account and the accessibility of a savings account. While the absence of physical branches and deposit-taking ATMs may present some limitations, the account's competitive features and accessibility make it a compelling choice for small business owners seeking to optimize their finances.
Musa M.
Nov 6, 2023
May or may not recommend
As a small business owner, I have been using the NorthOne Business Checking Account for a while now, and I must say that I am quite impressed with their services. The account offers no overdraft fees, no minimum balance, and no hidden fees, which is a great benefit for small business owners like me. The mobile app is user-friendly and easy to navigate, and it offers fast and flexible payment ...Show More
MV
Matthew V.
Apr 6, 2022
May or may not recommend
Do not use. They closed account for no reason at the end of January and promised to mail check for money that was in account (even though all the money deposited was electronically deposited) they claim to have sent 2 checks so far that mysteriously have disappeared. This company is a fraud and will just steal your money.
JM
Janet M.
Nov 30, 2021
May or may not recommend
DO NOT OPEN AN ACCOUNT WITH THIS COMPANY, buyer beware. I wrote a check from my personal account to Northone to fund my business. They sent the check to a third party company to cash. I waited and waited no money was deposited. Meanwhile they stopped using the 3rd party company. I’m still fighting to get my $4,500.00 back from them. They told me to work with the third party ...Show More
Showing 5 of 5 reviews