Bluevine
Bluevine started in small business lending and later added business checking, which explains the unusual combination: an online account that also pays interest and sits next to a revolving line of credit of up to 250,000 dollars. The standard checking tier has no monthly fee and earns interest once modest activity or balance conditions are met, and paid Plus and Premier tiers raise the rate and add more sub accounts. Accounts are issued through a partner bank with FDIC insurance, and cash deposits work through retail networks.
Worth a look for a freelancer with steady revenue who wants the balance to earn something and a credit line ready for slow quarters. Less convenient for very small or brand new operations: interest conditions take effort, credit approval expects real turnover, and international payments are limited compared with dedicated multi currency accounts.
Pros
- Interest on checking balances
- Line of credit up to 250,000 dollars
- No monthly fee on the standard tier
- Cash deposits via retail networks
- Sub accounts for budgeting
Cons
- Interest requires activity conditions
- Paid tiers for the best rate
- Credit approval needs real turnover
- Limited international payments
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