Business Checking Accounts

Most banks don't accept LLC business bank accounts with only a SSN. They also require the EIN. Very few institutions accept only the SSN, and only for single person LLCs. You will need to call different banks and financial institutions to ask about their policies.

There are plenty of good business checking accounts for startups. Some of them offer signup bonuses, like the Chase Business checking account. Others accrue interest, like those from Axos Bank or TD Bank.

The best thing you can do is analyze all offers and find the best one for you.

Yes, most banks allow you to open a business account online. The process varies depending on the institution, but it's faster and easier than going to a branch. It typically involves completing and submitting an online application.

All digital banks will allow you to open a business account online. Some of the brick-and-mortar banks that offer this possibility include Bank of America, Chase, US Bank and Wells Fargo.