Welcome to WebmasterWorld Guest from 188.8.131.52
I have used Wachovia (bigger on the east coast) for business banking for 7 years, 14 for personal use, and I think that they are as good as any bank.
Having said that I also think that Bank Of America has a good selection of banking products.
For me it is simply a case of "better the devil you know"....so I'll stay with Wachovia until they choose to upset me!
I see from your profile that you live in San Diego, though, as do I.
Check with your credit union. Yes, your credit union. If you don't have one, look into it. At least two credit unions in San Diego now offer business accounts, with all the services you are asking for. (And I assume this is now the case in other U.S. cities as well.)
Wachovia offers a free business checking account as long as you maintain a monthly balance above $1500. Otherwise, the fee is $11/month.
Like Corey said, Bank of America offers free checking if you have direct deposit and/or other checking accounts with Bank of America.
That's correct jtara, I'm in San Diego. I don't have a credit union account except in NY but they are very low tech. I prefer a place that has a good online presence.
So far, I'm leaning toward BofA.
They seem to be directing a lot of effort toward small businesses + good online features + no fee (I believe I meet the requirments) + while I am doing the checking, I like that they offer the Alaskan Airlines miles business account credit card, since I use that airline sometimes to go to Seattle.