Top 10 Banks For Startups - Which Bank Is Best?

Get started with Mercury to open a business bank account that helps you manage money, send payments, and scale with ease here: https://startupwise.com/mercury/ ^ I highly recommend Mercury for startups because it’s simple, fee-free, and built with founders in mind. Plus, when you deposit $10K within your first 90 days, you earn $250 cash. In this video, I go over the top 10 banks for startups and explain what makes each one stand out so you can find the right fit for your business. We picked these banks because they offer features startups actually use, such as no monthly fees, high-yield savings, strong digital dashboards, and cash flow tools, while many traditional banks still slow founders down with outdated systems. Here are the 10 Business Account Platforms for Startups: Piermont Bank: https://startupwise.com/piermontbank/ Novo: https://startupwise.com/novo/ Mercury: https://startupwise.com/mercury/ Ramp: https://startupwise.com/ramp/ Rho: https://startupwise.com/rho/ Grasshopper: https://startupwise.com/grasshopper/ North One: https://startupwise.com/northone/ Bluevine: https://startupwise.com/bluevine/ Relay: https://startupwise.com/relay/ Melio: https://startupwise.com/melio/ Our favorite business must-haves: 💳 Best business credit cards: https://startupwise.com/creditcards 🏦 Novo (best business bank): https://startupwise.com/novo 🖥️ Best AI website builder ($3/month using code STARTUPWISE): https://startupwise.com/hostinger/ ⚙️ Northwest (best $39 LLC formation service): https://startupwise.com/northwestLLC 💰 Payroll with Gusto (get 2 months free!): https://startupwise.com/gusto 👨💼 Best overseas staffing agency (save 80% on payroll): https://paired.so/startupwise Be sure to watch this video until the end because I’ll share practical tips on how to choose the best startup bank account, whether you need simple checking, interest-earning savings, or spend management tools. Picking the right bank matters for things like cash flow, fees, integrations, and even investor readiness, and I’ll also cover how platforms like Mercury, Relay, and North One can make your financial setup easier to manage. If you’re looking for a digital-first option, Mercury is one of the strongest picks for startups, while Ramp might be your move if you need better expense control. For founders who want to earn more on idle cash, Grasshopper, Piermont, or Bluevine are worth considering. When opening a new business account, always check things like FDIC coverage, hidden fees, and integration with your accounting software so you avoid surprises later. If you found this video helpful, be sure to check out our other videos on: Top 10 Business Account Platforms for Startups: https://youtu.be/qB_yvLoGXYg Mercury Review: Best Business Banking Account?: https://youtu.be/dOrQH1AMqbk Request New Videos Here: https://forms.gle/k9TtfauggkEpAWNQA More tutorials on our website: https://www.startupwise.com Thanks for watching! I hope you have a wonderful day! – Eric #BusinessBanking #Review #Startups Timeline: 0:00 - Introduction to the Best Banks for Startups 0:03 - Quick Overview of What to Expect 0:22 - Mercury Bank Review for Startups 2:17 - Bluevine Bank Review and Features 3:14 - Grasshopper Bank Explained for Entrepreneurs 4:11 - North One Bank Overview for Small Business 5:06 - Relay Bank Review for Startup Banking 5:51 - Ramp Overview and How It Helps Startups 6:34 - Rho Bank Features for Growing Companies 7:22 - Piermont Bank Benefits for Startups 8:03 - Melio for Startup Payments and Cash Flow 8:43 - Novo Bank Review for New Businesses 9:24 - Final Thoughts and Best Bank Recommendation Disclaimer: Some of the links above may be affiliate links, meaning I may receive a small commission if you click on them. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your due diligence. We appreciate your viewership! In addition, we are not financial advisors. StartupWise does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.