LLC Checking Account

If you’re a business owner, then the only thing that’s better than having an LLC business checking account is having an LLC business checking with rewards. That’s exactly what you get with the Hatch online business checking account.

Get Started

LLC Business Checking Account
With Rewards

Hatch offers tons of perks and rewards that every small and medium-sized business (SMB) needs to start out and grow. Hatch perks come in the form of discounts on the most essential business tools and software for SMBs.

Alongside all these perks, Hatch also offers cashback rewards when you open and maintain an LLC checking account. You get up to 5% of your cash back by simply using your Hatch Business Debit Mastercard. Ultimately, Hatch seeks to help small business owners to grow their enterprises by saving on costs.

Buddy Punch Logo

30 Days of Buddy Punch for Free

Simplify payroll with Buddy Punch and their online punch clock. Easily track employee time and scheduling.

Learn more
Buddy Punch Logo

20% Off Constant Contact - Forever!

Get 20% off your monthly subscription, a free "Plus" plan upgrade, a free $100 Master Template Campaign, and a free Marketing Coach consult to set you up with best practices.

Learn more
Buddy Punch Logo

6 Months Free with Drip POS and a Free Wireless Card Reader

Manage your restaurant with Drip's all-in-one POS. No more clunky integrations or managing orders from 5-10 apps.

Learn more
Buddy Punch Logo

3 Months Free on Any Gusto Plan

Meet the software that simplifies payroll, benefits, and HR. Gusto is built for small businessess.

Learn more
Buddy Punch Logo

$200 in Sponsored Job Credits with Indeed

Indeed helps you find the right people for your team. Post jobs, search resumes, and maximize your company's exposure to potential candidates! Terms and conditions may apply.*

Learn more
Buddy Punch Logo

50% Off Quickbooks for 6 Months

Manage your finances with the #1 accounting software for small businesses.

Learn more
Buddy Punch Logo

30 Days of Buddy Punch for Free

Simplify payroll with Buddy Punch and their online punch clock. Easily track employee time and scheduling.

Learn more

LLC
Checking Requirements

The Hatch LLC checking account is ideal for small businesses. It is open for business owners as well as independent contractors, who can apply as proprietors.The application process is entirely online. You will, therefore, need to have a stable internet connection. In addition to that, Hatch will ask you to provide the following:

  • Some information about you and your business
  • A copy of your photo ID
  • Your Social Security Number
  • Your bank account information
  • Employer Identification Number (only applicable if your business is an LLC)

Since Hatch requires that you provide your Social Security Number for identification, you won’t need to provide your Individual Taxpayer Identification Number (ITIN) at the same time. After submitting your application, Hatch will review it and revert through your email inbox. Therefore, make sure to use an email that’s active, and one that you frequently check.

LLC Business Checking with Low Fees

Our Fees, Up Front

In a world where financial institutions take advantage of SMBs, Hatch stands out as one of the few companies that actually promote small business operations. A hatch LLC business checking account has no monthly minimum balance fees, no NSF fees, and no debit card replacement fees.

These are waivers that every small business can do with. Rather than spending your money on bank fees, this pricing structure lets you use that cash to grow your business.

Apart from a $10 monthly fee, $25 stop payment charge, and $1 ATM fee, your Hatch LLC checking account won’t be charged any hidden fees. In fact, most transactions, including ACH transfers, are free. And every month you get to send five checks for free.

These extremely affordable costs make Hatch the best small business checking account for LLC. Oftentimes traditional banks charge up to $35 for each overdraft or NSF. A card replacement alone will set you back $15 or $20. You’ll also be required to maintain a minimum balance, even though your account won’t earn any perks or rewards.

At the end of the day, traditional banking squeezes the life out of a business with costly fees. This is especially not ideal for a small business that runs on low margins and high cash flows. Instead, SMBs need a caring partner whose pricing structure ensures that the business retains more money than the banker.

$10.001

Monthly Fee

Free

ACH Transfers

Free

Insufficient Funds (NSF)

Free

Debit Card Replacement

Free

Unlimited In-Network Allpoint ATM Cash

Variable + $1.002

ATM Fee - Cash Withdrawal (Non-Allpoint ATMs)

$25.00

Stop Payment

$1.003

Check Sent

1. Your $10.00 (Ten dollar) account fee will automatically be withdrawn from your Hatch Business Checking Account at the end of each monthly statement period.
2. You will be charged a $1.00 fee each time you use an out-of-network ATM to withdraw funds. Any additional charges assessed by the out-of-network ATM provider will be passed on to you.
3. You receive five (5) free Checks Sent per monthly statement period. Each additional Check Sent will incur a $1.00 fee.