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American Express Business Checking vs U.S. Bank Business Essentials

Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.

Money 8020 pick
American Express Business Checking
American Express National Bank
94/100
U.S. Bank Business Essentials
U.S. Bank, N.A.
82/100
TierEssentialStrong
APY1.30%$0
Monthly fee$0$25
Minimum to open$0$400
Sign-up bonus30,000 Membership Rewards pointsYes
Annual fee
Best forSmall-business owners who want a no-fee business checking accountSmall-business owners who want a no-fee business checking account
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Which should you choose: the American Express Business Checking or the U.S. Bank Business Essentials?

The American Express Business Checking is the stronger pick of the two, with a Money 8020 score of 94/100 versus 82. Choose the U.S. Bank Business Essentials instead if small-business owners who want a no-fee business checking account.

On aPY, the American Express Business Checking shows 1.30% versus the U.S. Bank Business Essentials's $0. On monthly fee, the American Express Business Checking shows $0 versus the U.S. Bank Business Essentials's $25. On minimum to open, the American Express Business Checking shows $0 versus the U.S. Bank Business Essentials's $400. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

American Express Business Checking vs U.S. Bank Business Essentials: FAQ

Is the American Express Business Checking or the U.S. Bank Business Essentials better?

By our scoring, the American Express Business Checking edges ahead with a Money 8020 score of 94/100 versus 82. The U.S. Bank Business Essentials can still be the better fit if small-business owners who want a no-fee business checking account.

What is the main difference between the American Express Business Checking and the U.S. Bank Business Essentials?

On aPY, the American Express Business Checking offers 1.30% while the U.S. Bank Business Essentials offers $0. Review the full table above and confirm current terms with each provider. This is not financial advice.