In today’s digital-first world, online banks have become the top choice for many small business owners, freelancers, and e-commerce entrepreneurs—especially those who form LLCs in the United States.
Whether you’re a U.S. resident or a non-resident, having the right business bank account is essential to accept payments, separate your personal and business finances, and build business credit.
In this guide, we’ll walk you through the top online banks that support LLCs in 2025, along with their features, pros, and how to get started.
✅ Why Choose an Online Bank for Your LLC?
Opening a business bank account online has many advantages:
- Quick setup with 100% online application
- Low or zero monthly fees
- No need to visit a physical branch
- Integration with Stripe, PayPal, Amazon, Shopify, QuickBooks, etc.
- Designed for modern, digital-first businesses
🏦 Best Online Banks That Support LLCs in 2025
Below are the top online banking platforms that allow LLCs to open business accounts without the hassle.
1. Mercury
Website: https://mercury.com
Best for: Startups, tech companies, e-commerce, and digital service providers.
Features:
- Free business checking and savings
- FDIC insured via partner banks
- No monthly fees or minimum balance
- Virtual and physical debit cards
- Integrates with Stripe, QuickBooks, Shopify
- Supports U.S. and non-U.S. founders
- Clean, modern dashboard
📌 Mercury accepts most U.S. LLCs, including single-member LLCs owned by foreigners.
2. Relay
Website: https://www.relayfi.com
Best for: LLCs needing multiple accounts or team access.
Features:
- Up to 20 checking accounts
- User roles and permissions for your team
- No monthly maintenance fees
- Easy integration with Xero, QuickBooks
- Virtual cards and free ACH transfers
- U.S. address required
- Excellent for bookkeeping and cash management
📌 Relay is ideal for growing LLCs with remote teams or freelancers.
3. Lili
Website: https://www.lili.co
Best for: Freelancers and single-member LLCs.
Features:
- Combines banking + expense management
- Automated tax savings and reports
- Built-in invoicing
- Instant transaction categorization
- Mobile-first experience
- No hidden fees
📌 Lili is perfect for solo founders or digital nomads with an LLC.
4. Bluevine
Website: https://www.bluevine.com
Best for: High-interest business checking and credit line access.
Features:
- 2.0% APY on balances up to $250,000
- No monthly fees
- Online bill pay
- Business lines of credit available
- Excellent mobile and web interface
- Debit card included
📌 Bluevine is great for LLCs that keep higher balances or want credit access.
5. Wise Business (Formerly TransferWise)
Website: https://wise.com/business
Best for: LLCs with international clients or multi-currency needs.
Features:
- Open a USD account with local routing and account numbers
- Receive payments in 10+ currencies
- Low conversion fees
- Great for remote LLC owners outside the U.S.
- No U.S. residency required
📌 Wise is ideal for non-U.S. LLC owners who need to invoice and receive payments globally.
6. Found
Website: https://found.com
Best for: Solopreneurs and freelancers running LLCs.
Features:
- Free checking account
- Built-in tax tools and auto-categorization
- Invoicing and income tracking
- No credit check or fees
- FDIC-insured
📌 Found simplifies banking for solo LLC owners with an all-in-one mobile app.
🧾 What Do You Need to Apply?
To open a business account for your LLC with any of these online banks, you’ll typically need:
- LLC formation documents (Articles of Organization)
- EIN (Employer Identification Number) from the IRS
- U.S. business address (can be virtual, like Anytime Mailbox)
- Photo ID or passport
Non-U.S. residents can still apply to many of these banks, especially Mercury and Wise, as long as they have a valid U.S. LLC and EIN.
📍 Bonus: What About U.S. Residents?
If you’re based in the U.S., you have even more options—including traditional banks like:
- Bank of America
- Chase
- Wells Fargo
- U.S. Bank
However, traditional banks may have:
- Slower onboarding
- More fees
- Paperwork requirements
- In-person appointments
That’s why online banks are preferred by most modern LLC founders.
✅ Final Thoughts
Opening a business bank account is one of the most important steps after forming your LLC—and thanks to these digital platforms, you don’t have to be in the U.S. to get started.
Summary of Top Picks:
| Bank | Best For | Non-U.S. Owners | Fees |
|---|---|---|---|
| Mercury | Startups, tech, e-commerce | ✅ Yes | ❌ No |
| Relay | Multiple accounts, bookkeeping | ✅ Yes | ❌ No |
| Lili | Solo freelancers | 🚫 U.S. Only | ❌ No |
| Bluevine | High interest, credit line | ✅ Yes | ❌ No |
| Wise | International transactions | ✅ Yes | ❌ No |
| Found | Simple all-in-one for solopreneurs | 🚫 U.S. Only | ❌ No |
📩 Need Help Choosing the Right Bank for Your LLC?
Let me know your business type, whether you live in or outside the U.S., and your goals—I’ll walk you through it step by step or create a custom checklist for your situation.