General

Bluevine is a powerful and secure banking platform purpose-built for business success. Through a growing suite of business checking, lending, and credit solutions, we give business owners the financial tools they need to run their businesses smoothly and grow on their terms.

Having served 500,000 businesses across the U.S. since launch, Bluevine is trusted with more than $1 billion in managed customer deposits and more than $14 billion in loans delivered.BVSUP-00052

No, Bluevine can be a great banking platform for businesses of all sizes. In fact, Bluevine Business Checking offers multiple plans that might be right for you, each with the opportunity to earn high-yield interest and save on payment fees, along with the support and security you need to bank with confidence.

Eligible U.S.-based businesses are welcome to apply online for a business checking account or business line of credit. Minimum qualifications apply, as well as additional restrictions related to industry and operating location.

You work hard to run your business, so we work hard to give you peace of mind. Manage your money worry-free with:

  • Up to $3 million in FDIC coverage for business checking balancesBVSUP-00108
  • Advanced account security features like two-factor authentication, data encryption, and text alertsBVSUP-00084
  • Expert customer support from real people

No, Bluevine is not currently integrated with Zelle. Zelle is owned and operated by Early Warning Services (EWS), a company owned by a group of large U.S. banks. While Zelle can be a useful tool for customers of those traditional banks, the service has not been made available to customers of financial technology companies like Bluevine.

However, you still have plenty of options for sending and receiving money with Bluevine Business Checking.

Easily send payments through your Bluevine dashboard via same-day ACH, free standard ACH, domestic and international wire transfer, or check. You can also pay bills with your business credit card—even to vendors who don’t accept credit cards.BVSUP-00074

For incoming transfers, Bluevine lets you receive incoming ACH and wires for free.

Bluevine is also compatible with many popular financial applications to help you streamline your transactions.

Business Checking

With Bluevine Business Checking, enjoy no monthlyBVSUP-00122 or overdraft fees, no incoming wire or ACH fees,BVSUP-00079 no in-network ATM fees,BVSUP-00004 no minimum balance requirements, unlimited transactions,BVSUP-00043 and two free checkbooks per year,BVSUP-00042 plus dedicated live support from our team.

Also, if you meet a monthly activity goal, you could earn 2.0% APY on balances up to $250,000—that’s over 25x the national average.BVSUP-00065

Learn more about Bluevine Business Checking.

You can earn 2.0% APY on balances up to $250,000 when you meet one of the following monthly eligibility requirements:

  • Spend $500 per month with your Bluevine Business Debit Mastercard® or Bluevine Business Cashback Mastercard

OR

  • Receive $2,500 per month in customer payments to your Bluevine checking account or sub-accounts

We calculate simple interest daily and credit it to your account monthly. Your 2.0% APY is computed on a calendar year basis. We only pay interest in whole cents, so any interest that’s a fraction of one cent will be rounded up or down to the nearest cent.

Learn more about how interest is calculated.

Our Business Checking customers enjoy a straightforward fee structure. We don’t charge monthly fees, overdraft fees, incoming wire or ACH fees,BVSUP-00079 or in-network ATM fees.BVSUP-00004 We also don’t have a minimum balance requirement or limits on the number of transactions you can perform.BVSUP-00043

We do charge fees for certain transactions, such as outgoing wire transfers or international payments. Learn how Bluevine’s fees compare to other business checking accounts.

Required documentation may vary slightly depending on what type of entity your business is, but this information broadly falls into three categories:

  • First, we’ll ask for some basic information to create your sign-in: your full name, email address, mobile phone number, and a secure password.
  • Second, we’ll want to know about your business: trade name or DBA name, business address and phone number, EIN confirmation letter, annual revenue, entity type, and your industry.
  • Third, we’ll want to learn about you and anyone who owns 25% or more of the business: home address and phone number, date of birth, SSN, and ownership percentage of the business. We may also ask for the front and back of your driver's license.

For a detailed breakdown of what you’ll need by entity type, click here.

Bluevine Business Checking is currently only available in the United States—we don’t accept applications from businesses in U.S. territories or other countries.

Businesses in the following industries are ineligible for Bluevine Business Checking:

  • Illegal gambling
  • Pornography and paraphernalia
  • Firearms and paraphernalia
  • Illegal substances
  • Other controlled substances (including medicinal marijuana, marijuana, cannabis, and hemp) and paraphernalia
  • Penny auction companies and bulk exchanges of virtual currency (e.g., cryptocurrency)
  • Political campaigns

  • Any eligible United States–based sole proprietorships, corporations, or partnerships are welcome to apply online.

    A Bluevine Business Checking account gives you a few choices for sending and receiving money.

    From your Bluevine dashboard, you can easily pay vendors or external accounts by check, ACH, or domestic wire transfer. We’ll issue and mail checks to vendors on your behalf for a small fee of $1.50 per check payment. Same-day ACH payments are $10 per transaction. Outgoing wires are $15 per transaction, significantly lower than the industry standard. You can also receive incoming domestic wires at no cost. We do not currently accept or initiate international wires.

    To add funds to your account, you can use the mobile check deposit feature in the Bluevine app or initiate a transfer from an external bank account using your Bluevine dashboard. To deposit cash, use services from our partners, Green Dot® or Allpoint+.BVSUP-00039 To make a fee-free cash withdrawal, visit a MoneyPass® ATM.

    Yes, you can deposit both cash and checks with your Bluevine Business Checking account.

    Use the Bluevine mobile app––available in the Apple App Store and the Google Play store––to deposit checks from your phone. Mobile deposit makes it easy to add funds to your account on the go, as long as you have our mobile app, a properly endorsed check, and a well-lit area.

    If you have a minimum of $0.01 in your account, you can order two free checkbooks per year through your Bluevine dashboard.4 Additional checkbooks are available for purchase. You can also deposit cash at 90,000+ Green Dot® retail locations and more than 1,500 Allpoint+ ATMs nationwide. Find a participating location near you.

    Though same-day availability is possible, your funds will likely be available within 1–7 business days if you deposit your check before 6pm ET. Please note that you can’t cancel a deposited check once the depositing process has begun.

    Yes, you can withdraw cash fee-free from 37,000+ in-network MoneyPass® ATMs using your Bluevine Business Debit Mastercard®. For a list or map of ATMs, please visit the MoneyPass network’s ATM locator.

    You can also withdraw cash from out-of-network ATMs for a fee.BVSUP-00004

    As your business grows and operations become more complex, organizing all your finances through one account can become a headache. Instead, you can open up to five sub-accounts under your main Bluevine Business Checking account. Each sub-account has its own account number, making it easy to control which accounts your vendors, suppliers, or contractors can bill.

    You can send and receive payments into your sub-accounts, but you can’t order a debit card for or make cash deposits into them. If you meet a monthly activity goal, you can qualify for 2.0% APY on balances up to $250,000 across your main account and sub-accounts.BVSUP-00065

    Learn how sub-accounts can help organize your finances.

    Opening a Bluevine Business Checking account doesn’t explicitly improve your chances of being approved for a Bluevine Line of Credit. However, we’ll be able to make a faster decision if you already have transaction and credit history with us.

    Once you receive your Bluevine Business Debit Mastercard®, you can conveniently activate it in one of the following ways:

    • From your dashboard or mobile app: Head to the Settings screen to activate your card.
    • Calling our automated system: Call (888) 216-9619 and follow the prompts to activate your card.

    You can call (888) 216-9619 24/7 to:

    • Activate, lock, or cancel your card
    • Update your ATM PIN
    • Check your balance
    • Report a card as lost or stollen

    Need a new card? Easily report your card as lost or stolen and order a new one from the Settings screen.

    You (the account administrator) can invite your partners and team members to become additional users on your Bluevine account, which lets them manage bills and make payments. There are two different additional user roles—authorized user and contributor—with different permissions.

    You can also invite your accountant to become an additional user. With the accountant role, they can access the transaction and tax information they need using their own sign-in credentials.

    Learn more about the different roles you can assign additional users.BVSUP-00076

    No. Bluevine isn’t compatible with instant money transfer services right now, but we’re compatible with many popular financial applications. For a list of apps we’re compatible with, check out our Guide to Connecting Financial Apps.

    We also offer same-day ACH ($10) and wire transfers ($15). Many free standard ACH transfers are available as soon as the next business day.

    There is no reason you can’t leave your old business checking account open, although it may complicate matters for your bookkeeper or accountant. You also might pay monthly fees for your old account that could be eliminated by closing it after your new account has been opened. Some business owners use different banks to organize their finances, though some business checking accounts let you add sub-accounts with dedicated account numbers to help you budget more easily.

    Most banks require an EIN or tax ID to open a business account. If you operate a sole proprietorship, some banks let you open a business account using your Social Security number. If you plan on switching banks, it’s a good opportunity to explore which entity is best for your business.

    Rather than physical branch locations, digital-first banks bring the experience to you in the form of intuitive apps and a simple user experience. This approach translates to a long list of benefits, including lower fees, higher interest rates, easier access, more convenience and an all-around better experience.

    The primary benefit of digital-first banking is time saving. You’ll save a considerable amount of time not having to visit your bank’s physical branch to conduct business. Plus, fees are usually lower if you bank with a digital-first bank because of its lower cost of doing business.

    Keep in mind that the FDIC insures online-only checking accounts up to the same limits as traditional brick-and-mortar banks.

    There’s always a chance you’ll experience issues when switching bank accounts. If you have any problems with your old bank, you’ll need to contact their support. Similarly, you may need to contact your new bank's support if the issue is on their end. That’s why it’s important to choose an account that’s known for having excellent customer service––so you can manage your finances with confidence.

    You can definitely switch banks to consolidate business checking and lending. Putting all your accounts under one digital roof is a great way to reduce fees and the time you spend shuffling through accounts. Just be sure you’re comparing interest rates and loan terms when choosing a bank.

    If your banking service provider offers both a business checking account and a line of credit, you might be able to access your line of credit funds faster when you have them deposited into that provider’s business checking account.

    Bluevine doesn’t have a minimum balance requirement. However, business checking accounts at other institutions may require a minimum deposit.

    Mixing your personal and business finances could open you up to personal liability, so it’s a good idea to use separate accounts for each. Opening the right business checking account to manage your LLC's finances can help you save on monthly fees or give you the opportunity to earn interest on your operating balances.

    Yes, you’ll need an Employer Identification Number (EIN) from the IRS to open a business bank account.

    Yes. Some banks have restrictions on how often you can make check deposits. With Bluevine Business Checking, you can use mobile check deposit to deposit checks from your phone—at 2x the average monthly limit.

    Yes, your Bluevine Business Checking account comes with the convenient and secure Bluevine Business Debit Mastercard®, which rewards you for everyday business purchases. For no additional fee, you can also issue up to four additional debit cards to your trusted team members, so you can make business purchases without sharing card details over text or email. Learn more about your debit card’s benefits.

    Yes, we currently offer three Bluevine Business Checking plans. Our standard plan comes with 2.0% APY, no monthly fees, and FDIC insurance up to $3M. With our Plus plan, you get all the great benefits of our standard plan, plus 3.0% APY, 20% off most standard payment fees, and more for a waivable $30/month fee. Finally, with our Premier plan, you’ll enjoy 4.25% APY on checking balances up to $3M, 50% off most standard payment fees, and access to priority customer support for a waivable $95/month fee.

    You can waive the monthly fee for Plus and Premier by meeting balance and spending requirements.

    To waive our Plus plan’s $30 monthly fee: Maintain an average daily balance of at least $20,000 across your Bluevine Business Checking account and sub-accounts each billing period, AND spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard® each billing period.

    To waive our Premier plan’s $95 monthly fee: Maintain an average daily balance of at least $100,000 across your Bluevine Business Checking account and sub-accounts each billing period, AND spend at least $5,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard® each billing period.

    Business Loans

    A business line of credit gives you access to funding when you want it, up to your credit limit. Unlike traditional one-time loans, a Bluevine Line of Credit is “revolving credit,” meaning your available credit replenishes as you make repayments, so you can draw additional funds without having to fully re-apply. Though, all draws are subject to review and approval.BVSUP-00127

    Once approved for a credit line, you can request funds directly from your Bluevine dashboard. We’ll deposit funds in your account as soon as a few hours, pending review and approval. Depending on which repayment plan you qualified for, we’ll automatically debit your account for weekly or monthly repayments. As you pay off your balance, the amount of available credit you can request automatically replenishes. Because your repayments are calculated with simple interest, you can save on interest when you pay early. We don’t charge early repayment fees.

    You can apply for a Bluevine Line of Credit as long as your business meets the minimum qualifications and does not operate in one of the following ineligible industries or states:

    Ineligible industries

    • Illegal gambling
    • Pornography and paraphernalia
    • Political campaigns
    • Firearms and paraphernalia
    • Other controlled substances (including medicinal marijuana, marijuana, cannabis, and hemp) and paraphernalia
    • Financial institutions and lenders (including insurance, penny auction companies, and cryptocurrency)
    • Auto dealerships

    Ineligible states

    • Nevada
    • North Dakota
    • South Dakota
    • U.S. territories

    To qualify for a Bluevine Line of Credit, your eligible business must be a corporation or LLC in business 12+ months, with no bankruptcies in the past year, and in good standing with your Secretary of State. Also, your business must earn $10,000 in monthly revenue––or $120,000 annually––and you must have a 625+ personal FICO credit score.

    We’ll verify this information when you apply and each month after to ensure you remain eligible. The fastest way to do this is to connect your external bank account. If you don’t, you’ll need to manually upload bank statements from the last three months. Learn more about bank connections.

    It’s easier to apply for a line of credit if you already have a Bluevine Business Checking account.

    While applying and reviewing an offer will not impact your personal credit score, accepting an offer may result in a hard inquiry. Further, if you default on a Bluevine Line of Credit you may be subject to negative business reporting and personal credit reporting in your role as guarantor.

    When you apply for a Bluevine Line of Credit, you could find out if you’re approved in as little as 5 minutes. If you have a Bluevine Business Checking account, you can also access your line of credit funds instantly once a draw is approved.

    Once your draw is approved, you can get funds deposited to your bank account in as quickly as a few hours if you choose our bank wire option ($15). Or, choose our fee-free ACH transfer option, which typically gets funds deposited the next business day, although it may take up to three. You can also receive your funds instantly if you have a Bluevine Business Checking account.

    If you’re approved for a Bluevine Line of Credit, you’ll also be approved for either our weekly or monthly repayment plan. Repayments are automatically debited from your bank account, so as long as you have enough money in your account to cover the full amount, you never need to worry about missing a payment. You can also make additional payments or pay off a draw early with no penalty.

    Learn more about connecting an external bank account.

    We offer credit lines up to $250,000, but your line amount will depend on what you’re approved for when you apply, plus whether you qualify for line increases later on. Your available credit replenishes as you make repayments. Draw requests are subject to review and approval.

    As your business grows, your Bluevine Line of Credit can grow with it. We’ll proactively evaluate your business finances to see if you’re eligible for another increase. You may also be able to request an increase to your line of credit from your Bluevine dashboard.

    When you’re applying for a line of credit, having a Bluevine Business Checking account or connecting your external bank account helps us make decisions even faster.

    Once you have an active line of credit, your bank connection helps us quickly confirm that you qualify for future draws or potential credit line increases. If you close or change bank accounts, you can easily connect a new one from your dashboard.

    Without a bank connection or active Bluevine Business Checking account, you’ll need to manually upload statements for us to review every month, which could delay draw approvals or potential credit line increases. You can also receive your funds faster, get line of credit fee or rate discounts, and avoid manually uploading statements if you have a Bluevine Business Checking account.

    Learn more about connecting an external bank account.

    Stacking loans or credit lines can negatively impact your credit line and lead to your Bluevine account being put on hold. Please reach out to us before applying for credit elsewhere by visiting our contact us page or calling (888) 216-9619 from Monday to Friday 8am–8pm ET.

    With funds in as fast as 24 hours, simple interest rates, and no prepayment penalties, a Bluevine Line of Credit lets you take advantage of growth opportunities early.BVSUP-00127

    You could use a line of credit to cover payroll, hire full-time or seasonal employees as you need them, stock up on extra inventory during a sales rush, or buy materials or equipment for your next big project. You could also renovate your office, warehouse, or storefront, or lease a larger one. Learn how to make the most out of your line of credit.

    To apply for a line of credit, apply on our website. We’ll ask you for some basic information about you and your business. Once you apply, we could send you our decision in as little as five minutes.

    Just make sure you meet these minimum qualifications:

    • $10,000 in monthly revenue
    • 625+ personal FICO credit score
    • In business for 12+ months
    • Corporation or LLC
    • No bankruptcies in the past year
    • In good standing with your Secretary of State
    • Business is operating or incorporated in an eligible U.S. state
      • Ineligible states include:
        • Nevada
        • North Dakota
        • South Dakota
    • An active bank connection or statements from the last 3 months (a connected account makes it faster and easier to confirm your information). It’s easier to apply for a line of credit if you already have a Bluevine Business Checking account.

    Think of a business line of credit as funds your company can request and use if and when you need it. With a Bluevine Line of Credit, you only pay for what you use, and your available credit line replenishes as you make repayments on your draw(s). All draw requests are subject to review and approval. As you build history, the size of your credit line can scale with the size of your business.

    A business line of credit provides greater flexibility to your business, allowing you growth opportunities that might otherwise be unavailable to you. For example, a line of credit can provide financial stability if you encounter unexpected expenses or seasonal fluctuations in revenue.

    If you’re looking to boost your growth, you can purchase more inventory or operations equipment, or fund a new marketing campaign. If you’re expanding, a line of credit can help you open a new office or location, or it can support a new product launch.

    For your business to qualify for a Bluevine Line of Credit, you must have a personal FICO credit score of at least 625+.

    Yes—you can apply for a Bluevine Line of Credit as a corporation or LLC.

    Yes—you can apply for a Bluevine Line of Credit if you have these two Taxpayer Identification Numbers:

    • a Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN)
    • an Employer Identification Number (EIN)

    Term loans and lines of credit are two different types of business loans:

    • A term loan provides a lump sum upfront. You repay on a fixed schedule until you’ve repaid the full sum.
    • A line of credit provides access to ongoing funds from which you can request one or more draws  and borrow any amount up to your given limit. You repay only what you’ve borrowed on a fixed schedule.

    Your repayment schedule and terms may vary and are determined by your lender.

    No, Bluevine doesn’t offer term loans, but you can be considered for a term loan from our network of lending partners.

    Yes, if a Bluevine Line of Credit isn’t right for you, you may still be eligible for a term loan or line of credit from one of our partners. If so, you’ll see one or more potential funding options from our lending partners. Please note Bluevine cannot guarantee that you will be presented with all available offers from our lending partners.

    Credit Card

    Right now, the Bluevine Business Cashback Mastercard® is exclusively available to Bluevine Business Checking customers through invitation only. 

    • If you’re an existing checking customer and meet all of the eligibility requirements, you’ll receive an email and a notification on your Bluevine dashboard once you become eligible. Sign in to check offers.
    • If you’re a new customer, you will need to open a Bluevine Business Checking account. During account setup, you’ll see an optional checkbox for indicating that you want to be notified once you’re eligible for a credit card.

    We determine eligibility using a variety of factors, but you’ll at least need to meet our minimum qualifications to be considered: 

    • Applicant must be at least 18 years old
    • Business is operating or incorporated in the U.S.
    • 700+ personal credit score

    In addition, general partnerships and sole proprietorships are ineligible for a Bluevine business credit card.

    If you open a Bluevine credit card you’ll be ineligible for a Bluevine Line of Credit. If you currently have a Bluevine Line of Credit, then you’re ineligible for a Bluevine credit card.

    A business credit card is a credit card designed to be used for business-related expenses, such as purchasing office supplies, paying for business travel, or managing cash flow.

    The Bluevine Business Cashback Mastercard® comes with unlimited 1.5% cash back on business expenses made by you or your team. Plus, customers enjoy Mastercard perks like ID theft protection and car rental insurance, as well as exclusive discounts on Quickbooks Online, McAfee Intuit products, and more.BVSUP-00068

    Security

    One common scam fraudsters use to steal your identity is a phishing scam. In a phishing scam, the scammer(s) will pretend to be someone they aren’t in order to trick you into providing sensitive information. If you receive an email, text, or phone call from someone claiming to be from Bluevine, and they urgently want you to click a link or provide secure information like a password, one-time passcode, or PIN, that’s a scam, and you should immediately contact Bluevine at (888) 216-9619.

    Other common scams include:

    • Downloading or getting you to download malware
    • Hacking/data breaches
    • Dumpster diving for secure information
    • Stealing your wallet or credit card(s)
    • Taking your mail
    • Swapping your SIM card
    • Calling you about fake lottery winnings, etc.

    A “spoofing” site is a website designed to mimic a financial institution’s sign-in page so that customers who don’t realize it’s fake will enter their sign-in credentials. When signing in to your Bluevine dashboard, always check the website URL is correct and check for misspellings or extra characters.

    If you think your account is compromised, act fast:

    • Freeze your credit with the major credit bureaus—e.g, Trans Union, Experian, and Equifax
    • Follow these steps to freeze your Bluevine debit card (and cards at other institutions)
    • Reset your passwords—especially your email and any bank accounts linked to Bluevine—to new, unique passwords
    • Contact us so we can take steps to protect your account

    For more information, read this help center article.

    It’s important to make sure you’re actually speaking with someone from Bluevine. If you’re unsure, hang up the phone, go to your mobile app, and call the customer support number listed there.

    • We’ll never ask for your one-time passcode, password, or PIN
    • We’ll never contact you on social media asking for personal details
    • Check the email domain (@bluevine.com) for misspellings or extra characters.

    We work hard to continuously update and enhance our security features, and you can help by staying alert and never sharing secure information with anyone. You can learn more by visiting the FTC’s website and reviewing the types of scams fraudsters use.

    If you have any questions or want to talk with a support representative, feel free to contact us.

    Yes, Bluevine accounts are FDIC insured up to $3,000,000 per depositor through Coastal Community Bank, Member FDIC and our program banks. $3,000,000 in FDIC insurance is offered by multiplying the standard $250,000 FDIC coverage across multiple banks. Visit here for more details.

    Yes—new and existing customers automatically receive $3 million in FDIC insurance, but you’ll be able to opt out by contacting customer support. If you opt out of expanded coverage, your FDIC coverage will revert to the standard amount of $250,000.

    You’ll be able to see exactly where your money is on your monthly statements. Our programs banks are part of a trusted sweep network, which allows your money to be held by multiple banks so your funds are FDIC-insured up to $3 million.

    You can still earn 2.0% APY on your Bluevine Business Checking balances up to $250,000 if you meet a monthly activity requirement.BVSUP-00005 The only change is that we’ll calculate your qualified interest activity through 3pm ET on the last business day of the month, and any activity beyond that will roll over toward the following month’s qualifications.

    A sweep network is a secure network of partner banks that allows us to strategically distribute your Bluevine Business Checking balances. This way, your funds are held by multiple trusted, FDIC-insured banks within the network, and you can manage your finances more confidently knowing that your deposits are protected up to $3 million instead of the standard limit of $250,000.