BUSINESS INTEREST CHECKING
Business Interest Checking is an interest-bearing account for qualified sole proprietorships and non-profit organizations. Interest on this account is calculated on the collected balance1 and credited to the account monthly.
Benefits of Business Interest Checking
- Minimum or average balance requirement waives monthly maintenance fee
- Up to 150 no-charge transactions per month, including checks paid, deposits, deposited items, and ACH debits and credits
- No charge for up to $5,000 in cash deposits per month
- Competitive and variable rate of interest—compounded daily and credited monthly
- Free Wachovia Business Online, including Online BillPay, Online Statements, and Balance Alerts
- Free Bad Check Recovery
- Free Visa Business Check Card with Wachovia Possibilities Rewards®
- All Business Check Card transactions are free with no monthly limit
- Check Safekeeping Statement or Check Image Statement at no charge
- Unlimited use of Wachovia ATMs
- Overdraft protection available
- Funds in Business Interest Checking are combined with other accounts of the same entity and insured by the FDIC up to $100,000
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