Citizens
Citizens Clearly Better Business Checking
By Alex Compton · Last verified
No monthly fee and 200 free transactions, no strings attached
Insurance: FDIC insured up to $250,000 (Citizens Bank, N.A.)
Account Terms History
A dated record of APY, fees and opening requirements. New changes append to this table; prior terms remain visible.
| Observed | APY / yield | Monthly fee | Minimum | Evidence |
|---|---|---|---|---|
| 2026-10-12 | None | $0 | None | Citizens product page and Business Deposit Account Fees and Features Guide →Reconfirmed no monthly fee, any opening amount, 200 free items then $0.50, $5,000 cash then $2.50 per $1,000, $3 non-Citizens ATM fee |
| 2026-06-11 | None | $0 | None | Archive record · no attached snapshotLegacy snapshot before event-level evidence attachments |
Primary-source verification log
Append-only evidence ledger- changed
No monthly fee, 200 free items then $0.50 and $5,000 cash allowance reconfirmed; $3 non-Citizens ATM fee added
Fields: atm, features
Citizens Business Deposit Account Fees and Features Guide →
Features
- ▸No monthly maintenance fee with no waiver requirements
- ▸200 free items (checks deposited, paid or cashed) per statement period, then $0.50 each
- ▸$5,000 free coin and currency deposits per cycle, then $2.50 per $1,000
- ▸Online banking, bill pay, and mobile deposit included
- ▸Access to Citizens' small-business lending and merchant services
- ▸1,000+ branches across New England, the Mid-Atlantic, and the Midwest
Pros
- +Free account with a higher transaction allowance than most paid big-bank tiers
- +No balance requirements or activity hurdles at all
- +Decent $5,000 cash allowance for a free account
- +Full-service branch bank behind it
Cons
- −No interest on balances
- −Branch network is regional; weak outside the Northeast and Midwest
- −Few premium features; heavy users must upgrade to Business Advisor tiers
- −Digital tools are serviceable, not standout
Our Take
Clearly Better lives up to the name for the basics: zero fee, zero conditions, and 200 free transactions, which beats what Chase and BofA give you on paid entry accounts. For a small business in Citizens country that wants a branch bank without fee-waiver bookkeeping, this is one of the easiest recommendations on the board. Yield seekers should park reserves elsewhere.
Best for: Northeast/Midwest businesses that want free, conditionless branch checking
Open at Citizens →Last verified 2026-10-12
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