QuickBooks Checking is a business bank account with a debit card¹ that is free to open, has no minimum balance or required daily balance, and no monthly service fee.² With instant deposit at no extra cost for eligible users³, there is no more waiting for funds from payments processing, which means no more latency math to figure out when you can pay your team or restock supplies.
The money is ready when you are and earns a truly high-yield interest—33 times the industry average.⁴
And with the addition of QuickBooks Checking, small businesses can manage their money, see their financial picture, pay employees and bills, accept payments, and get access to capital—all within QuickBooks.
QuickBooks Checking comes with the QuickBooks Debit Card that enables a small business to spend from its QuickBooks Cash balance. The card seamlessly reconciles with QuickBooks by being linked to the QuickBooks Cash bank account.
In addition, a virtual debit card gives you the ability to connect to Google Pay™ and Apple Pay® so you can skip lengthy online checkout forms or pay in person with just a touch. With your QuickBooks debit card in your digital wallet, you can make payments and contactless purchases from anywhere.
QuickBooks Checking has a lot more to offer. This article provides a summary of some of its features.
You can learn more about QuickBooks Checking HERE.
Official Intuit Disclosures:
QuickBooks Checking account: Banking services provided by and the QuickBooks Visa® Debit Card is issued by Green Dot Bank, Member FDIC, pursuant to license from Visa USA Inc. Green Dot Bank.
1QuickBooks Checking Account opening is subject to identity verification and approval by Green Dot Bank.
2Other fees and limits apply. See Deposit Account Agreement here.
3Instant Deposit at no extra cost: Includes use of Instant Deposit without the additional cost. Instant Deposit is an additional service offered by QuickBooks Payments subject to eligibility criteria. Standard rates apply for ACH, swiped, invoiced, and keyed card transactions. Deposits are sent to the bank account linked to your QuickBooks Debit Card in up to 30 minutes. Deposit times may vary for third party delays.
4National average interest rate: The average interest rate is based on the Federal Deposit Insurance Corporation’s national rate published the week of Oct. 18, 2021. Learn more.
Insightful Accountant Acknowledgments & Disclosures
Information within this article may be abridged and therefore incomplete.
Content used within this feature were derived or adapted by the author in part from QuickBooks Checking (formerly QuickBooks Cash) source materials, including the QuickBooks Blog and other source content furnished by Intuit.
Adapted source materials related to products published within this feature by Insightful Accountant are for educational and product promotional purposes only.
As used herein, QuickBooks, QuickBooks Cash and QuickBooks Checking (and related derivatives thereof) refer to one or more registered trademarks of Intuit Inc., a publicly-traded corporation headquartered in Mountain View, California.
Any other trade names used herein refer to products that may be registered or trademarked, or otherwise held by, their respective owners. They are referenced for informational and educational purposes only.
This is an editorial feature, not sponsored content. None of the vendors within this article have paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.
The publication of this article, nor the inclusion of this product within the related series, does not represent any endorsement by either the author or Insightful Accountant.
Like what you're reading?
Subscribe to our FREE newsletter and we'll deliver content like this directly to your inbox.