American Express Business Checking vs EverBank Business Checking: which one fits your business?
Side-by-side comparison of American Express Business Checking and EverBank Business Checking — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: American Express Business Checking wins on our scorecard (7.7/10 vs 7.5/10).
| Scored on | American Express Business Checking | EverBank Business Checking |
|---|---|---|
| Right fit for small biz | 7 | 8 |
| Ease of use | 8 | 7 |
| Fees & pricing | 9 | 9 |
| Customer support | 7 | 6 |
| Features | 7 | 7 |
| Monthly Maintenance Fee | $0 | — |
| Domestic ACH | $0 | — |
| Incoming Wires | $0 | — |
| Minimum Opening Deposit | $0 | — |
| Monthly maintenance fee | — | $0 |
| Minimum opening deposit | — | $1,500 |
| Free monthly transactions | — | 200 |
| Incoming domestic wires | — | $0 |
American Express Business Checking in one paragraph
A powerhouse for existing Amex loyalists who want to earn passive interest on their cash without the headache of monthly maintenance fees.
Skip it if: You need to deposit physical cash regularly or require Zelle to pay your contractors.
EverBank Business Checking in one paragraph
A powerhouse for business owners who want a high-yield, zero-fee account from a 'real' bank rather than a fintech startup.
Skip it if: You handle large amounts of physical cash or need 24/7 phone support.
Frequently asked questions
Which is better, American Express Business Checking or EverBank Business Checking?
On our five-axis scorecard, American Express Business Checking scores higher (7.7/10 vs 7.5/10). A powerhouse for existing Amex loyalists who want to earn passive interest on their cash without the headache of monthly maintenance fees.
Who should skip American Express Business Checking?
You need to deposit physical cash regularly or require Zelle to pay your contractors.
Who should skip EverBank Business Checking?
You handle large amounts of physical cash or need 24/7 phone support.