Business owner in his warehouse

High-Yield Business Checking Accounts

Perfect for anyone who wants to grow their business funds on autopilot. Watch your money work as hard as you do.


Our High-Yield Business Checking Account offers much more than competitive interest rates. It includes a free Business Debit Mastercard®, making your business spending easy and convenient. Plus, score extra savings on your personal and auto loan with our exclusive Duo Discount, when you have both your personal and business accounts with us.3

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Maximize your business earnings

Let your money work for you with a high-yield rate on your deposits when you use your Business Debit Mastercard.®1


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Earn interest with low to no monthly fees

Monthly fees are only $0 when you maintain a minimum balance of $10,000 or higher.


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Save with a Duo Discount

Get a 0.50% discount on your Personal Loan or Personal Auto Loan rate when you have both your High-Yield Business Checking and Complete Checking personal account with us.3 

Earn More and Save More

 

High-Yield Business Checking Account Details

Supercharge your business growth with our High-Yield Business Checking Account. Earn interest on your deposits while enjoying the convenience and flexibility of a Business Debit Mastercard®—all in one easy-access account.

  • High-yield rates on your monthly balance.1
  • $100 minimum opening deposit.
  • $10 monthly maintenance fee. However, you can waive your monthly fee when you maintain a balance of $10,000 or higher.
  • Unlimited electronic deposits and withdrawals at no charge.
  • Free 500 check transactions per month;  $0.25 charge for each additional transaction.2
  • $0 for the first $10,000 cash deposited per statement cycle; $0.15 charge per additional $100 cash deposited over $10,000.
  • Unlimited signers.
  • Includes 1 free cashier’s check per statement cycle.
  • Includes free overdraft transfer fee per statement cycle from a qualified Business Line of Credit.



High-Yield Business Checking Rates


Balance Tiers Dividend Rate1 APY*
$0.01 - $9,999.99

0%

0%

Earn Dividends when you use your Business Debit Mastercard®1

Plus, Low to no monthly fees!
$10,000 - $14,999.99 1.98%   0% - 0.67%
$15,000 - $24,999.99 1.00% 0.67% - 0.80%
$25,000 and higher 0.05% 0.80% - 0.24%


For all business checking accounts you'll receive

 

Have questions for one of our representatives?

Fill out the short form below to hear back within the next business day.

Ready to get maximize your business earnings?

Open an account with any of these easy options.

Start Your Application Online

Apply at a Branch

Or, Apply by Phone: Call Us at 281.274.1470

FAQs about High-Yield Business Checking Accounts

Yes. Our High-Yield Business Checking Account lets you earn interest on your everyday business deposits. This translates to effortless growth for your business funds, freeing you up to focus on what matters most—running your business. View our Business Deposit Rates for more details.

There is only one easy requirement. Use your Business Debit Mastercard® 10 or more times a month to earn the stated interest. With our High-Yield Business Checking Account, there are no complicated rules or high fees to earn interest.

To qualify for $0 monthly fees, you need to maintain an average daily balance of $10,000 or more in your High-Yield Business Checking Account.

If you have any questions about our monthly service fees, feel free to reach out to a member representative. We’re happy to help.

When you open your High-Yield Business Checking Account, you’ll have to make a $100 minimum opening deposit. After that, there aren’t any minimum deposit requirements.

The main difference between credit unions and traditional banks is that credit unions are not-for-profit. This means that we exist to serve our communities in Houston, TX, and not to spin a profit for shareholders. Credit unions also tend to offer lower loan rates, higher earnings on deposits, fewer fees, and better customer service than traditional banks. 

Regardless of the type of business you own, a credit union could help you navigate what financing products are the best fit for your business needs and help you secure better offers.

To open a business account at Members Choice, please start a Business Checking Application,call us at 281.754.1470 to begin by phone,  or visit one of our branch locations in Houston, TX.

The documents you need for your High-Yield Checking Account depend on your business type. Here's what you'll need as a sole proprietor:

  • Your SSN or EIN of the Business Name.
  • Assumed Name Certificate (DBA) filed in the County where the business is located (if applicable) Must be 90 days old, exceptions may be made on a case-by-case basis or for existing members.

Do you have a different business type documents needs listed?

Click the button below for a comprehensive list of document requirements by business type.

Business Account Guidelines and Required Documents

The Business Bill Pay login/enroll link is located under the Business Services section of our website. It can be found by clicking on the Business Services tab, then on Business Bill Pay, then scrolling to the bottom of the page. Login to Business Bill Pay.
Business Bill Pay is a free service for the first two months, as well as subsequent months when less than 15 payments are made in a month. The fee for Bill Pay Payments over 15 can be found on our Business Fee Schedule (PDF).


Disclosures

*Annual Percentage Yield (APY) for Business Savings, Checking and Certificate Accounts is accurate as of February 12, 2025. Rates may change at any time without notice, before or after the account is opened. Fees could reduce earnings on the account. Minimum opening balance is $100. Minimum to earn dividends is $100.  View complete list of deposit disclosures and Fee Schedule.
1 High-Yield Checking Dividend Rates: To receive the additional benefits for a particular monthly qualification cycle, at least ten (10) debit card transactions must have posted to the High Yield Checking Account. Rewards will be calculated and paid on the last day of each cycle. If account requirements are not met, the dividend rate on the entire balance is .0% for that monthly cycle. Business may have multiple signers on the account. At our sole discretion, the number of High Yield Business Checking Accounts per business may be limited. High Yield Business Checking Accounts are Tiered Rate Accounts. For these accounts, the specified Dividend Rate for a tier will apply only to the portion of the account balance that is within that tier. The range of annual percentage yields, which vary depending on the balance, are shown for each tier.
2 Check transactions refer to checks both deposited and posted to the account.
3 To qualify for the .50% Personal Unsecured Loan or Personal Auto Loan Duo Discount on your personal account, you need to meet these requirements: 
  • Must maintain an average monthly balance of $2,500 in the business checking account for the previous 90 days to qualify.
  • Only members with both the stated business checking account and personal Complete Checking account in good standing qualify.
  • Discounts are for an Unsecured Personal Loan or Personal Auto Loan and cannot be combined with any other discounts or offers.
  • If a member qualifies for both, the discount can apply to both loans.
  • The only limit is one unsecured loan discount and one auto loan discount per member.
  • Not offered for business lending.
4 Early Pay: Early pay is not dependent upon the account qualifications noted above. At our sole discretion, we may make your money available to you up to two days before we receive the funds from the payor. Early availability of direct deposits is dependent on the timing of your payor’s payment instructions and/or fraud prevention overlays. These limitations may be modified at our sole discretion without advance notice. We do not guarantee early availability of any direct deposits, and eligibility of a direct deposit for early availability may change between pay periods. Any direct deposit not posted early will be made available according to our Funds Availability schedule. We reserve the right to discontinue the service at our sole discretion and without notice.

 

If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships are subject to approval including credit approval.