Earn While You Save

Business Savings Account

Earn interest, manage funds, and build a strong financial foundation with a Business Savings Account from Royal Business Bank.

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A Business Savings Solution That Fits Your Business

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Business Savings

An easy way to set aside funds and keep your money working for your business.

  • Eligibility: Any business entities
  • Minimum Opening Deposit: $100
  • Monthly Maintenance Fees: $5. No charge with an average daily balance of $300 or more.
  • Interest Features: Variable tiered rate¹. Interest will be compounded and credited monthly.
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¹Royal Business Bank uses variable interest rates for checking, money market, and savings accounts, the interest rate and annual percentage yield (APY) for your account depend upon the applicable rate tier. The interest rate and APY for these tiers may change at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). To obtain the annual percentage yield, you must maintain a minimum average daily balance (ADB). We use the ADB method to calculate interest on your account. If you close your account before interest is credited, you will not receive the accrued interest. Interest is compounded and credited to the account monthly. Fluctuations in rate tiers and fees may reduce earnings on the account.

Terms and conditions apply.

Please see our Fee Schedule for detail information.

Royal Business Bank Benefits

Why Open a Business Savings Account?

Grow your reserves while keeping your money safe and accessible

  • Smart Security 
    Your money’s safe with us: our advanced fraud detection, multi-factor authentication, and real-time alerts mean you’re always the first to know about unusual account activity.
  • FDIC Insured
    Your deposits are backed by Federal Deposit Insurance Corporation (FDIC) insurance. Up to $250,000 per depositor, per ownership category.
  • Inflation Protection
    Rising costs of goods, services, and wages can strain your cash flow. Set aside funds for unexpected expenses to face market shifts.
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Is a Business Savings Account Right for You?

Business savings account for digital entrepreneurs
01

Digital-First Entrepreneurs

Unpredictable cash flow makes daily operations challenging. With a savings cushion, you can stay ready to reinvest when an opportunity comes up.

Business savings account for strategic growth leaders
02

Strategic Growth Leaders

Put extra capital to work. Earn interest until you are ready to fund expansions, new hires, or acquisitions.

Business savings account for new U.S. business owners
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New U.S. Business Owners

Starting a business in a new country? A savings solution helps separate reserves from expenses, build lender trust, and support smart planning.

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FAQs About Business Savings Account

Need a Quick Answer?

Browse our most common questions before reaching out

To open your account, have ready a government-issued ID, your EIN, and formation documents.

There’s a $5 monthly fee, but you can easily avoid it by maintaining an average daily balance of $300 or more.

Yes, with our Business Savings account, you can earn tiered interest that’s compounded monthly and credited monthly. The more you save, the more you earn.

It means your rate can go up or down depending on market conditions, so your earnings might change month to month.

Your deposits are covered: up to $250,000 per depositor, per ownership category by FDIC insurance. Plus, we have extra protection: fraud monitoring, overdraft protection, and early warning alerts.