Compare Our 4 Business Checking Accounts

Compare the account features, benefits and details to find the account that best matches the checking and financial needs of your business.

  MERCHANTS REWARDS CHECKING MERCHANTS BUSINESS CHECKING MERCHANTS BUSINESS PLUS CHECKING MERCHANTS COMMERCIAL CHECKING
Designed for Small businesses that enjoy rewards for debit card use. Businesses that maintain a moderate monthly balance with moderate transaction volume Businesses that maintain a high monthly balance and moderate  to high transaction volume Businesses with high transaction volume
Cash Back* $0.20 on POS purchases $0.20 on POS purchases $0.20 on POS purchases No
Minimum Opening Deposit $100.00 $100.00 $100.00 $100.00
Monthly Service Charge $5.00 $15.00 $20.00 $10.00
Average Daily Balance to Avoid Monthly Service Charge N/A $1,500.00 $5,000.00 N/A
Items Processed 200 Free / additional items $0.50 each 300 Free / additional items $0.50 each 600 Free / additional items $0.50 each  All items processed at $0.12 each 
Earnings Credit No No No Yes
Merchants Bank Foreign ATM Fee Automatically rebated  $2.00 $2.00 $2.00
All of our Business Checking accounts offer:
Online Banking Free Small Business or Corporate version available; additional fees may apply
Business Debit Card Free
Business Checks $40.00 credit toward first order with Harland Clarke
Cash Management Services Available; additional fees may apply. Please contact cashmanagementsupport@mbvt.com for details
Bill Payment 20 free bill payments per month / additional items $0.50 each
Overdraft Coverage Link to a Business Money Market or Business Line of Credit; $5.00 per transfer
Business Money Market Available with tiered interest rates
Business Certificate of Deposit Variety of rates and terms available
Business Loans & Lines of Credit Variety of rates and terms available

*A rebate of $0.20 for each POS debit card transaction will be credited to the Rewards Checking, Business Checking and Business Plus Checking account at the time of the statement cycle. If the account is closed before the rebate is credited, you will not receive the rebate amount. ATM cash withdrawals are not eligible for this rebate. IRS 1099 reporting is required for annual rebates of $600 or greater.