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Best Bank for Business Checking and Savings

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Creditplz
Valued Contributor

Re: Best Bank for Business Checking and Savings

I have BofA, with about $25,000-45,000 in checks monthly after about 3-4 months they stopped holding them, if I deposit at 3pm pst, the money will be there by 7am the next morning,

I spoke to their hold department and was told this was because I have been a great established client of theirs. Hope that helps! Smiley Happy
Message 11 of 13
Creditplz
Valued Contributor

Re: Best Bank for Business Checking and Savings

Oh also their mobile deposit limits you to $5,000 monthly for the first 90 days and then they raise it to 25,000-100,000 /monthly for their Advantage checking account (that's what I was told) mine is currently $50,000
Message 12 of 13
Anonymous
Not applicable

Re: Best Bank for Business Checking and Savings


@Anonymous wrote:
What is the hold period for checks with capital one spark business?

I've been with Cap 1 business for years, they work well for me, checks clear next day if deposited before 7:00 pm on weekdays. I typically use the mobile app for deposits. But do go into a branch occasionally, very nice experience.

 

i don't use their business cc as it reports to personnel cr.

Message 13 of 13
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