Comments on: Opening a business checking account

By: bluntmoney

bluntmoney — Fri, 06 Mar 2009 18:46:05 +0000

Dedicated, doh, I didn’t even think of using ING as a checking account. That might have actually been a better idea. I don’t think I need a business savings at this point, but if I do I’ll let you know.

dogatemyfinances, the fees are supposed to be $8 per month based on my estimated level of use (which will likely be pretty low). Hopefully it doesn’t turn out to be more than that, although I’m not especially thrilled with even $8.

Craig, no, no certain level of money. I think it’s probably best to open one immediately actually. But what made me open it was a requirement from someone I hope to do business with. It was one of those things that I’d been meaning to do, but apparently I needed a kick to actually get it done.

By: Craig

Craig — Fri, 06 Mar 2009 16:56:01 +0000

What was the factor that finally made you open one up? Is there a certain level of money you should have first before opening up a business account?

By: dogatemyfinances

dogatemyfinances — Fri, 06 Mar 2009 15:06:07 +0000

I need a new business account. I’d love to see a posting in the future about all the Well Fargo fees. I thought that account really nickel and dimed you.

By: Dedicated

Dedicated — Fri, 06 Mar 2009 13:26:31 +0000

This move is definitely going to make your life easier especially if issues arise and you need to track something on the business side. Or, lord forbid, you get audit on the business. I know it is a hassle now, but one you should be grateful later you made.

If you decide you need an ING Business Savings – let me know. I already have a Business ING Account, but couldn’t find a referral to open it. :-( So, I missed out on the bonus, wouldn’t want you to lose out too.