nbkc bank Business Checking Review 2024

NBKC Bank Business Checking Account

The nbkc Business Account is the bank’s only business checking account offering. The account has no minimum opening balance requirement, no minimum balance requirements and no monthly fees. In fact, you won’t find many fees attached to the nbkc Business Account. It charges no fees for:

• Overdrafts or non-sufficient funds
• Bill pay services
• E-statements
• Stop payments
• Incoming domestic wire transfers

Business Account owners have free access to online and mobile banking services through nbkc, including online bill pay and mobile check deposits.

nbkc Business Accounts come with a complimentary nbkc Business Debit MasterCard and access to over 40,000 fee-free MoneyPass ATMs across the U.S. and Puerto Rico. You’ll also receive up to $12 in fee refunds when using out-of-network ATMs that charge fees.

NBKC Bank Business Money Market Account

nbkc’s Business Money Market Account’s features and benefits are nearly identical to those of the Business Account. The difference is that the Business Money Market Account is an interest-bearing bank account designed to maximize company savings. The account features no minimum opening deposit requirement and currently earns 2.75% APY on all balances.

nbkc Business Certificates of Deposit

Another way to build up savings for your business is through certificates of deposit (CDs). nbkc offers its Business CDs in seven term lengths, ranging from three months to five years. The CDs earn APYs between 0.10% to 4.50%, with the longer terms earning higher rates.

All nbkc CDs require a $1,000 minimum deposit. You must have an open nbkc Business Account before you are eligible to open a Business CD.

Business Credit Cards and Loans

nbkc bank has other business offerings that may be of interest to small business owners. The first is its line of business credit cards. Depending on your creditworthiness, you may qualify for one of its four business credit cards:

• nbkc Business Card
• nbkc Smart Business Rewards Card
• nbkc Business Cash Preferred Card
• nbkc Business Real Rewards Card

Depending on the card, you could earn rewards, cash back or have access to an 18-month introductory APR offer on balance transfers.

nbkc is also home to several small business loan products to meet a variety of business needs. Loan options include:

• Small business loans
• Business lines of credit
• Inventory and equipment loans
• Commercial real estate and construction loans
• Small Business Administration (SBA) loans

Along with its business products, the bank offers many services to help businesses be more efficient, especially with financial transactions. nbkc’s business solutions include cash management, fraud management, collections and disbursement services.

Personal Banking

Apart from its business offerings, nbkc offers full-service personal banking. Its personal banking products include:

• The NBKC Bank Everything Account (a hybrid savings and checking account)
• Money market account
• Health savings account (HSA)
• IRA savings account
• Certificates of deposit
• Personal loans
• Home mortgage loans

In addition to all of the benefits included with an nbkc Business Account, business owners can choose to add extra business services through nbkc for an additional monthly charge. The add-on features available to small businesses include:

• Desktop deposit. Add checking scanning equipment along with unlimited check deposits.
• Credits and debits. Add access to tools like direct deposit, payroll, vendor payments, fee collection, out-of-band authentication and more.
• Autobooks. For an extra $10 per month, you can create and send professional-looking invoices to your customers via email. Customers can then make payments online and they are deposited directly into your nbkc Business Account.

As an online bank, access to nbkc accounts is available primarily through digital means. Businesses can perform typical business banking transactions through their online account.

Business Accounts are also accessible through nbkc’s mobile app. Customers can use the app to manage accounts, pay bills, deposit checks and more.

For more personal support, you can contact nbkc general account support line at 1-888-905-2165 or its online and mobile banking customer support line at 1-866-931-0850. Phone support for both lines is available Monday through Friday from 8 a.m. to 7 p.m. CT. Businesses can also receive email support at customersupport@nbkc.com.

nbkc’s Business Account seems like a basic business checking account, but when you consider all of the features included and its lack of fees, it’s pretty remarkable. It’s an excellent tool for small business owners looking for a simple checking account without all the fees commonly attached to many other business checking accounts on the market. Determine your business banking needs to decide if an nbkc bank Business Account is right for you.

Forbes Advisor rates banks based on various factors, including their fees, interest rates and ATM networks, among other characteristics. We assign separate ratings to financial institutions and their individual products, such as checking accounts, savings accounts and certificates of deposit (CDs). We rate banks based on a scale of one to five stars, with one star as the poorest rating and five stars as the best.

To learn more about our rating and review methodology and editorial process, check out our guide on How Forbes Advisor Reviews Banks.