Best Business Bank Accounts for Amazon Sellers (2026)
Why a Business Bank Account Is Non-Negotiable
If you're running an Amazon FBA business through an LLC, a dedicated business bank account isn't optional — it's a legal and financial requirement. Here's why:
- Liability protection: Commingling personal and business funds "pierces the corporate veil" and destroys your LLC's liability shield
- Business credit building: Credit bureaus and lenders want to see clean, separated business finances
- Tax compliance: The IRS scrutinizes businesses that mix personal and business transactions
- Amazon payouts: Depositing Amazon revenue into a personal account creates a bookkeeping nightmare
- Credit card relationships: Chase and other issuers favor applicants with business banking history
Top 6 Business Bank Accounts for Amazon FBA Sellers
1. Chase Business Complete Banking
| Feature | Details |
|---|---|
| Monthly fee | $15 (waived with $2,000 balance or $2,000 in deposits) |
| Best for | Sellers planning to apply for Chase Ink business cards |
| Key benefits | Same-day ACH, Chase QuickDeposit, relationship bonuses for card approvals |
| Downside | Monthly fee if balance drops below $2,000 |
Why we recommend it: Chase values existing banking relationships. If you have a Chase business checking account and maintain a healthy balance, your odds of approval for Chase Ink cards increase significantly. For FBA sellers who plan to stack credit cards, this is the best foundation.
2. Novo
| Feature | Details |
|---|---|
| Monthly fee | $0 |
| Best for | Dropshippers and online-only sellers |
| Key benefits | No minimums, free ACH, Stripe/Shopify integration, free checks |
| Downside | No physical branches; no cash deposits |
Why we recommend it: Novo is built for e-commerce. It integrates with Stripe, Shopify, and Amazon Seller Central. The mobile app is excellent, and there are zero fees. If you never handle cash and do everything online, Novo is hard to beat.
3. Mercury
| Feature | Details |
|---|---|
| Monthly fee | $0 |
| Best for | Tech-forward sellers and multi-brand operators |
| Key benefits | Virtual cards, API access, multi-account support, investor-ready reporting |
| Downside | Must be a U.S. LLC or Corporation; no sole proprietors |
Why we recommend it: Mercury is the bank of choice for venture-backed startups, but it's equally powerful for e-commerce sellers. You can create unlimited virtual cards (perfect for ad accounts and supplier payments), and the analytics dashboard tracks cash flow by category.
4. Wells Fargo Business Choice Checking
| Feature | Details |
|---|---|
| Monthly fee | $10 (waived with $500 balance or $1,000 in transactions) |
| Best for | Sellers who want in-person branch access |
| Key benefits | 5,000+ branches, solid business credit products, easy cash deposits |
| Downside | Outdated online interface |
5. Relay
| Feature | Details |
|---|---|
| Monthly fee | $0 |
| Best for | Sellers with multiple brands or partners |
| Key benefits | Unlimited accounts, granular permissions, no minimums |
| Downside | No physical branches |
6. Lili
| Feature | Details |
|---|---|
| Monthly fee | $0 (Pro plan $9/mo) |
| Best for | Solo sellers who want built-in bookkeeping |
| Key benefits | Auto-expense categorization, tax buckets, invoicing |
| Downside | Limited advanced features |
Comparison at a Glance
| Bank | Fee | Min Balance | Best Feature | Card Relationship |
|---|---|---|---|---|
| Chase | $15* | $2,000 | Branch network + card bonuses | Excellent |
| Novo | $0 | $0 | E-commerce integrations | None |
| Mercury | $0 | $0 | Virtual cards + API | None |
| Wells Fargo | $10* | $500 | Physical branches | Good |
| Relay | $0 | $0 | Multi-account structure | None |
| Lili | $0 | $0 | Built-in bookkeeping | None |
*Fee waived if minimum balance or activity threshold is met.
What to Look for in a Business Bank Account
- No monthly fee (or easily waived): Fees eat into thin margins
- Free ACH transfers: You'll move money between Amazon, suppliers, and cards frequently
- Integration with accounting software: QuickBooks, Xero, or Wave compatibility
- Virtual cards or debit cards: Useful for ad accounts and subscriptions
- Relationship benefits: Chase and Wells Fargo offer better credit card terms to existing business customers
How to Open a Business Bank Account
- Gather documents: LLC formation documents, EIN confirmation letter, operating agreement, ID
- Choose your bank: Use the comparison above
- Apply online or in-branch: Most online banks approve in 1–3 days; Chase may require an in-branch visit
- Fund the account: Deposit $100–$500 to meet minimums
- Link Amazon Seller Central: Update your deposit account in Seller Central settings
- Set up accounting integration: Connect to QuickBooks, Wave, or your spreadsheet
Get the Free Business Credit Tracker
Track every vendor account, credit card, and payment due date in one dashboard.
Download Free →Frequently Asked Questions
Can I use my personal bank account for FBA?
Technically yes, but it's a terrible idea. It destroys your LLC protection, complicates taxes, and prevents business credit building. Open a business account before your first sale.
Does opening a business bank account affect personal credit?
No. Business bank accounts do not appear on personal credit reports. However, some banks (like Chase) may do a soft pull of your personal credit when you apply.
Can I have multiple business bank accounts?
Yes. Many sellers use one account for operations (Chase) and one for savings/reserves (Mercury or Relay). Just ensure all accounts are in the LLC's name.
Which bank is best if I plan to apply for Chase Ink?
Chase Business Complete, without question. The banking relationship significantly improves your approval odds and starting credit limit.
This is informational, not financial advice. Vendor terms, card offers, and bureau reporting policies change, and a general guide can't account for your specific credit history or business situation. Confirm current terms directly with the issuer or vendor before applying. See our editorial policy for how we verify what we publish.