Receive, spend and save your income with Bonsai’s business account. Simple to set up, with no minimums required, zero hideen fees, and FDIC insured up to $250k.
Set up in minutes. Zero fees, no minimums and FDIC insured up to $250K, 24/7 support.
Optimize your income by splitting it into different sub-accounts for taxes, savings, bills, and more.
Categorize your card’s spending and upload receipts to simplify accounting and taxes.
With your physical card, virtual card and even your Apple wallet, you can easily pay for your expenses in-store and online.
Create envelopes to split your income into tax savings, office spending, or anything you need. Every time you get paid, Bonsai reallocates your money in those envelopes.
Expenses from your Bonsai card are automatically tracked and categorized. Plus, tax write-offs are already calculated. Accounting just got much easier.
.webp)
There are a few initial requirements to opening a business account including: Personal identification, and EIN, business formation documents (articles of incorporation, DBA name for LLC's), ownership license, monthly credit revenue and a business license. Bonsai can help you get up and running with your business account services quickly.
As a small business it's important to ensure consistent cashflow, automate your budgeting and centralize your expenses. With Bonsai’s business account you can automate your accepting payments and splitting funds into different categories for different expense types. Finally you can sync Bonsai with your credit and debit card transactions for easy expense tracking making it easy to reconcile your books for tax time.
For small businesses who use billing, invoicing, and contracts, Bonsai’s business account can save time, money and provide a seamless financial experience from proposal to payment. Pay for business expenses with the Bonsai card and never worry about making the mistake of mixing personal and business expenses again.
