Business Advantage Checking
Business checking that works for you
Use your Business Advantage Checking account to take advantage of higher transaction limits, and we'll take your whole banking relationship into account.
We know you may have large numbers of transactions each month, and with a Business Advantage Checking, most of them are free. You'll get 400 free transactions each month.* And, none of the transactions you make with your debit card will count toward this limit.
* Transactions include checks written, debits, deposits, items deposited and transfers. Business Debit Card transactions do not count toward the transaction limit.
Your Business Advantage Checking account will come with a free Business Debit Card so you can leave your checks at home when you pay a vendor who takes cards. Plus, you'll also get 25 free Online Bill Pay transactions,** in case paying online is easier.
** First 25 Bill Pay transactions per month are free; $0.50 per transaction thereafter.
With Business Advantage Checking, you can use your whole banking relationship with Bank of Texas to meet our minimum account balances for waiving monthly fees. This way, you can keep money spread out across personal and business accounts, rather than keeping it all in your business's checking account.
Your first 400 transactions are free; $0.40 per transaction thereafter. Transactions include checks written, debits, deposits, items deposited and transfers.
Business Debit Card transactions do not count toward the transaction limit.
There is a low monthly service fee ($20.00) for our Business Advantage Checking account. However, the monthly service fee can be avoided by doing one of the following:
- Maintain a $10,000 average monthly collected balance in your Business Advantage account.
- Or, maintain a $25,000 average monthly collected balance in combined balances within your Business Advantage account and your other deposit accounts (Money Market, Savings or CD balances). The other deposit accounts may be in the business name and also include your personal accounts. Business and personal accounts linked to your Business Advantage account to qualify as combined balances may only be used once. For example, your CD can only be linked to only one account to offset the monthly maintenance fee.
- Or, maintain a $50,000 average monthly collected balance in combined balances with your Business Advantage account, other deposit accounts (as noted above) and business and/or personal loans or advanced line of credit balances. As described above, loans may only be used once as a combined balance. Consumer Mortgages originated from the bank’s Mortgage Company are not eligible.
NOTE: Monthly Transaction Fees are not eligible to be waived.