Understanding Business Checking
American Express® Business Checking is an interest-bearing, no-maintenance-fee business checking account that enables small-to-medium businesses to make deposits, withdrawals, and conduct various types of transactions.
Business Checking is a fully digital online banking experience. All available applications, transactions, and account management functions can be conducted through the digital platform.
After logging into your account on the American Express website, select your Business Checking account from your Business Blueprint Dashboard and click on “View account details.”
Yes, you can have up to 10 American Express® Business Checking accounts for a single business. Additional accounts can be opened within the Business Checking portal after the initial account opening.
To activate your Card and set up your PIN, visit americanexpress.com/ActivateDebitCard.
Log in to your account and navigate to the Support tab to find out how to contact us if you need to replace your Business Debit Card.
With American Express® Business Checking, you can enjoy no fee withdrawals at 70,000+ Allpoint® and MoneyPass® ATM locations nationwide, at locations like Target®, Walgreens®, CVS Pharmacy®, and more.
You can also use your American Express Business Checking Debit Card at any ATMs where American Express is accepted, fees may apply.
You can chat with a representative on our Contact Us page or call the Business Checking customer servicing line 24/7 at 1-855-497-1040.
You can chat with a representative on our Contact Us page or call the Business Checking customer servicing line 24/7 at 1-855-497-1040.
If you have a QuickBooks® account, you can connect your American Express® Business Checking account with your QuickBooks account to help save time and keep your financials up to date.
Fees and interest
There is no monthly maintenance fee or minimum balance requirement.
See rates and fees table for more details: Rates and Fees Table.
No, the Annual Percentage Yield (“APY“) is variable. Interest rate and APY are subject to change at any time without notice before and after an American Express® Business Checking account is opened.
Membership Rewards® points
With American Express® Business Checking, you can earn 1 Membership Rewards® point for every $2 of eligible Business Debit Card purchases. Plus, there's no cap on how many points you can earn, and points can be converted into deposits made directly into your Business Checking account. If you already have a Membership Rewards-enrolled Card, in most cases your Business Checking account will automatically be linked to your existing Membership Rewards Program Account. All points earned from your linked Card(s) and your Business Debit Card will accumulate together in a single Rewards Account, which can be converted into deposits or for any other eligible redemption options, including gift cards or travel.
‘Redeem for Deposits’ allows you to convert Membership Rewards points into deposits made directly into your American Express® Business Checking account. When you use ‘Redeem for Deposits’, American Express will deduct the number of points selected from your Membership Rewards Account and deposit a corresponding dollar amount into your eligible Business Checking account. Generally, deposits will post within 48 hours of each redemption.
This linkage is typically automatic, however if you have any questions, please call the number on the back of your Business Debit Card for assistance.
General questions
Yes. You can make a mobile check deposit to your American Express® Business Checking account in our mobile app
If you need to stop a payment, please notify us as soon as possible. You can make a stop payment request by contacting us at 1-855-497-1040 or by mail to PO Box 30384, Salt Lake City, UT 84130. Stop payment requests made over the phone are valid for 14 days after your call. A written stop payment request is valid for six (6) months. Your stop payment request must include your account number, the exact dollar amount of the check you wish to stop, the exact name of the payee on the check, and the exact date and printed serial number on the check.
Payments may be unsuccessful for several reasons such as suspected fraudulent activity, system errors, insufficient funds, and more. Please contact us at 1-855-497-1040 for more information about your failed or rejected payment.
You must fund your Business Checking account within 120 days of opening, or the account will be closed.
Yes, your Business Checking account is FDIC insured.
Accounts offered by American Express National Bank, Member FDIC.
- Checks that are more than 6 months old
- Checks with any known or suspected alteration or which you (including any authorized person) know or suspect, or have reason to know or suspect, are unauthorized, fraudulent, or uncollectible
- Unendorsed or improperly endorsed checks
- International checks
- U.S. Savings bonds
- Money orders
- MoneyGram
- Travelers checks
- Counter or starter checks (without the bank routing number, account number and check serial number encoded at the bottom)
- Checks that have already been deposited or submitted for deposit (whether to your account with us or to another account of yours with another financial institution) by any means (including without limitation the U.S. mail or remote check deposit)
- Checks that have already been converted to an image or copy or
- Remotely created checks (checks that are not created by the paying bank and that do not include the signature of the drawer (maker) on whose account the check is drawn).
If your check amount exceeds your deposit limits, you can mail us the check(s). Mail the check(s) to us at: American Express National Bank, PO Box 30381, Salt Lake City, UT 84130-9997.
Deposit limits vary. To find out how much you can deposit, log into your account here: https://www.americanexpress.com/en-us/banking/business/checking/payments/manage/create-payee/compare.
