NBKC Bank offers a noninterest-bearing, low-cost business checking account that does not charge any monthly fee and requires no minimum balance. This is best for business owners who want to keep banking simple and those who prefer to bank online most of the time. NBKC Bank provides access to more than 32,000 free MoneyPass® ATMs.
NBKC Bank Business Checking Account Pros & Cons
No monthly fee
No interest on balances
Free access to more than 32,000 MoneyPass® ATMs
Physical branches are only located in the Kansas City area
Up to $12 in monthly refunds for third-party ATM fees
Who NBKC Bank Business Checking Account Is Best For
- Business owners who prefer to bank online: NBKC Bank is a good option for business owners who prefer to do their banking transactions online since its physical branches are located only in Kansas and Missouri.
- Business owners located in Kansas City: NBKC Bank is also best for business owners who live near a physical branch in Kansas.
NBKC Bank Business Checking Account Fees
Minimum Opening Deposit
Minimum Balance Requirement to Avoid the Monthly Fee
Wire Transfer Fee
$0 for incoming domestic wires;
$5 for outgoing domestic wire;
$45 for both incoming and outgoing international wires
Cash Deposit Fee
No fee for MoneyPass® ATMs;
up to $12 in monthly refunds for third-party ATM fees
NBKC Bank Business Checking Account does not charge monthly maintenance fees and transaction fees. You can access over 32,000 MoneyPass® ATMs for free, and it refunds up to $12 of third-party ATM fees per month. There are no fees for overdrafts and stop payments. NBKC Bank charges $5 to send a domestic wire and $45 to send or receive international wires.
NBKC Bank Business Checking Account Features and Perks
No Hidden Fees
NBKC Bank prides itself on being transparent. With NBKC Bank, you can have a checking account for free. The only fees they charge are $5 for outgoing domestic wires and $45 for both incoming and outgoing international wires.
Free Business Debit Cards
NBKC Bank Business Checking Account comes with a free business debit card that you can use to withdraw cash from more than 32,000 MoneyPass® ATMs for free.
Online and Mobile Banking
NBKC Bank provides secure online and mobile banking so you can access your account anytime and anywhere easily.
Desktop Deposit is an optional add-on feature that allows you to deposit stacks of checks regularly for a small fee per month.
Automated Clearing House (ACH) Credits and Debits
NBKC’s ACH Credits and Debits is an optional add-on feature that allows you to make direct deposits, payroll, and vendor payments. With this feature, you can also pay for rent, subscriptions, and collect fees.
NBKC Bank Business Checking Account Alternatives 2020
Business owners who want an interest-bearing online-only business checking account
Business owners who do not often transact using cash
Growing businesses that want banking with unlimited transactions
$10; waived if you maintain a minimum balance of $5,000
Minimum Opening Deposit
Cash Deposit Fee
None; reimburses up to $10 per month in ATM fees
No ATM fee from Azlo; however, third-party ATM owners may impose usage fees
None; unlimited ATM fee reimbursements
Most Helpful NBKC Bank Reviews
Most NBKC Bank reviews available online are a combination of both positive and negative ratings. Customers who left positive reviews are happy with NBKC Bank’s great customer service, affordability, and wonderful account features. Clients who left negative reviews expressed disappointment with the long processing time to open an account and for not allowing the use of virtual private networks (VPNs).
Great customer service & account features
One client who left a positive review on Yelp likes that the bank’s customer service is very helpful. He added that all of the features he needs are working great and that he does not have to pay for any fee on his accounts. He said that since he is very satisfied with the bank’s service, he opened additional accounts and referred a few family members to NBKC Bank.
Long processing time for account opening
A client who left a negative review on Yelp was disappointed because it took more than five days before he received feedback for her application for a checking account. The client has a high FICO score of 836 and is a certified public accountant (CPA), so he did not know what took the bank so long to respond. He had to cancel his application because of the long processing time.
NBKC Bank Business Checking Account Frequently Asked Questions (FAQs)
Does NBKC Bank have physical branches?
Although NBKC Bank is an online bank, it has physical branches in the Kansas City area, located in Overland Park and Leawood in Kansas and Liberty and Kansas City in Missouri.
What can I do with NBKC Bank’s mobile banking?
NBKC Bank’s mobile banking allows you to deposit multiple checks, pay vendors and bills online, transfer money between accounts, and originate wires using your smartphone.
Is it safe to bank with NBKC Bank?
NBKC Bank is insured by the Federal Deposit Insurance Corporation (FDIC). It utilizes standard 256-bit encryption and multi-factor authentication. Furthermore, NBKC Bank will never ask you for your login credentials or password.
NBKC Bank Business Checking Account is an online checking account with no monthly fee and no maintaining balance. This is best for business owners who want a simple and low-cost online checking account and those who live in a nearby physical branch within the Kansas City area. It’s important to note that NBKC Bank Business Checking Account does not offer interest on balances. Applications can be processed through its secure and streamlined online platform and can be completed in 5 minutes.
If you are still not sure if NBKC Bank Business Checking Account is right for you, then our article about the best online business checking account is a review of our top choices. In this guide, we looked at a variety of online checking accounts based on its features, fees, terms, opportunities to earn an introductory offer, and the size of the banks’ network as well as any additional services they offer.