Business Interest Checking Account

Schedule Appointment

Grow Your Earnings as Your Business Grows

Boost your business's earning potential with an interest checking account designed for higher balances, available to those with an eligible operating checking account. The more you keep in your account, the more your money can grow—without sacrificing everyday access to your funds.

Earn More on Higher Balances
Grow your business funds by earning interest when you maintain a daily balance of $25,000 or higher
Access Your Money Anytime
Enjoy flexible access to your account with check-writing capabilities and online tools that keep your business moving
Save on Fees
Waive the $25 monthly maintenance fee when you meet qualifying requirements
Exclusive Business Perks
Get exclusive perks, like $10 off a Cash Management Bundle and a free consultation to optimize your business finances

Helping your business earn more—just by doing business.

Business Interest Checking is ideal for businesses that want to earn interest on their deposits while keeping funds accessible. To open an account, businesses must maintain an eligible operating account (Business 250, Business 500, or Analysis Checking).

  • $100 minimum deposit required to open account
  • A $25 monthly maintenance fee applies but can be waived if you maintain a $25,000 daily balance, have $50,000 in combined deposit account balances, or carry $50,000 in outstanding business loan balances1
  • You can make up to 50 transaction items per month, with a $0.50 fee for each additional item
  • Interest begins to accrue when your daily balance reaches $25,000
  • Instant issue business debit cards available at all Carter Bank branch locations

FAQs

A Business Interest Checking account is a checking account that allows those with an eligible operating checking account to earn interest on their deposits — while still enjoying the flexibility of traditional checking features like check writing and online access.
To earn interest, your business must maintain a daily balance of $25,000 or more in the account.
Yes, the $25 monthly maintenance fee can be waived if you maintain:
  • A $25,000 daily balance,
  • $50,000 in combined deposit account balances, or
  • $50,000 in outstanding business loan balances.
Your account includes up to 50 transaction items per month. If you exceed that number, each additional transaction is $0.50.
Most business types with an eligible operating checking account can open a Business Interest Checking account, with the exception of Trusts and Estates.
Yes. The minimum deposit to open a Business Interest Checking account is $100.
Yes. You'll receive $10 off a Cash Management Bundle and a complimentary consultation to help optimize your business finances.

Absolutely. This account offers check-writing capabilities and access through online and mobile banking, giving your business both flexibility and earning potential. 

Other Carter Bank FAQs
Smart Tools and Personalized Support for Better Cash Management

Manage your business cash flow with services and tools that help you save time, reduce risk, and improve efficiency. Discover how smarter money management can create more stability and opportunity for your business.

Learn About Cash Management

Related Resources

Check out our handy financial tools and resources.

Business Calculators
Explore commercial loans, working capital and financial ratios.

1 30 day grace period to get to minimum balance requirement. Minimum opening deposit is only $100. Bank rules and regulations apply. Fees exclude time based deposits. 

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Fees may reduce earnings. Rate may change after account opening.

All business types are eligible to open this account, except for Trusts and Estates.

Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.

Pages within