Rho is a business banking platform for US-incorporated companies. Rho business checking has $0 monthly, per-user and minimum balance fees, $0 domestic ACH, wires and checks, and 24/7 live human support.
Apply online. For US-incorporated businesses.
What you get with Rho's Business Checking Account
¹ Rho fees only. A sender's or recipient's bank may charge its own fees.
- 01
Check eligibility
Rho serves US-incorporated businesses with a US operating address, or one US-based owner with a valid SSN. Sole proprietorships are not served.
- 02
Have your EIN ready
Keep your EIN on hand before you apply.
- 03
Apply online
Complete the Rho application online.
- 04
Fund and start banking
Send ACH and wires and connect your accounting software.
Have your EIN ready before you apply. If you do not have one yet, Rho's guide explains what to do first.
<a href="https://www.rho.co/blog/open-business-bank-account-before-ein">Read the guide</a>
Business checking account with no monthly fees
- $0 domestic ACH, wires, and checks from Rho
- No annual, subscription, or per-card fees on corporate cards
- Up to 2% Cashback with Rho Platinum (terms apply), on up to $1M in eligible annual card spend
- Expense management with no user or platform usage fees
- Bill Pay at no cost to Rho customers
- Native NetSuite, QuickBooks Online, Sage Intacct, and Puzzle
- 24/7 live human support at no cost
A $15 SWIFT fee applies to SWIFT payments. International USD wires can also incur fees set by recipient, correspondent, or intermediary banks.
| Fee | Rho |
|---|---|
| Monthly, per-user, and minimum balance | $0 |
| Domestic ACH | $0 |
| Domestic wire | $0 |
| Check payments | $0 |
| Corporate card annual, subscription, or per-card fee | None |
| SWIFT payment | $15 |
| Fee | Rho |
|---|---|
| Monthly, per-user, and minimum balance | $0 |
| Domestic ACH | $0 |
| Domestic wire | $0 |
| Check payments | $0 |
| Corporate card annual, subscription, or per-card fee | None |
| SWIFT payment | $15 |
| Rho | |
|---|---|
| Monthly account fee | $0, with no per-user or minimum balance fees |
| Domestic wires and ACH | $0 domestic ACH, wires, and checks |
| Card Cashback | Up to 2% with Rho Platinum (terms apply) |
| Accounting integrations | Native: NetSuite, QuickBooks Online, Sage Intacct, Puzzle. Bank feeds: Xero, QuickBooks Online |
| Minimum balance | No minimum balance fees |
| Rho | Mercury | Bluevine | Relay | |
|---|---|---|---|---|
| Monthly account fee | $0, with no per-user or minimum balance fees | $0 on the base plan | $0 on Standard | $0 on Starter |
| Domestic wires and ACH | $0 domestic ACH, wires, and checks | $0 ACH and domestic wires on all plans | Standard ACH free; outgoing wires up to $15; same-day ACH up to $10 | Same-day ACH included on Scale |
| Card Cashback | Up to 2% with Rho Platinum (terms apply) | Unlimited 1.5% cashback; charge card, balance paid every period | 4% at participating restaurants; 1% at participating Fuelman stations | 1% Starter, 1.25% Grow, 1.5% Scale |
| Accounting integrations | Native: NetSuite, QuickBooks Online, Sage Intacct, Puzzle. Bank feeds: Xero, QuickBooks Online | QuickBooks Online, Xero, NetSuite | - | QuickBooks Online and Xero; FreshBooks via Yodlee |
| Minimum balance | No minimum balance fees | No minimum balance for checking and savings | No minimum balance requirement | No minimum balance |
A business account keeps company money apart from personal money. Here is who Rho is built for, and how to compare your options.
- Who Rho business banking is built for
- Business bank account for an LLC
- Online platform or branch bank?
- How to choose a small business bank account
Rho is built for US-incorporated businesses. Here are four fits.
| Built for | Why |
|---|---|
| Finance teams that sync to accounting software | Rho connects natively to NetSuite, QuickBooks Online, Sage Intacct, and Puzzle. |
| Startups that want one platform | Rho has $0 monthly, per-user, and minimum balance fees, and expense management with no user fees. |
| Teams that organize cash by purpose | Rho lets you add checking sub-accounts for payroll, taxes, and more. |
| LLCs and corporations formed in the US | Rho requires a US operating address, or one US-based owner with a valid SSN. |
| Built for | Why |
|---|---|
| Finance teams that sync to accounting software | Rho connects natively to NetSuite, QuickBooks Online, Sage Intacct, and Puzzle. |
| Startups that want one platform | Rho has $0 monthly, per-user, and minimum balance fees, and expense management with no user fees. |
| Teams that organize cash by purpose | Rho lets you add checking sub-accounts for payroll, taxes, and more. |
| LLCs and corporations formed in the US | Rho requires a US operating address, or one US-based owner with a valid SSN. |
An LLC needs its own business account to keep company money separate from personal money.
Rho serves US-incorporated LLCs and corporations. Rho does not serve sole proprietorships.
Rho business checking has no monthly, per-user, or minimum balance fees, so costs stay flat for a young company.
Rho connects natively to NetSuite, QuickBooks Online, Sage Intacct, and Puzzle.
<a href="https://www.rho.co/blog/best-business-bank-accounts-for-llc-owners">Business bank accounts for LLC owners</a>
<a href="https://www.rho.co/blog/best-online-business-bank-accounts">Online business bank accounts compared</a>
- Choose a branch bank if your business handles significant physical cash or wants in-person service.
- Choose an online platform if your business runs digitally and wants payments, cards, and accounting connections in one place.
- Rho is an online banking platform, not a bank.
Check five things before you open any account.
<a href="https://www.rho.co/blog/best-business-checking-accounts-for-startups">Business checking for startups</a>
- Fees: compare monthly, per-user, ACH, wire, and minimum balance fees. Rho charges $0 for monthly, per-user, and minimum balance fees.
- Deposit insurance: ask which bank holds your deposits and what the FDIC limit is per entity.
- Software: check which accounting tools connect natively. Rho lists NetSuite, QuickBooks Online, Sage Intacct, and Puzzle.
- Support: check hours and channels. Rho offers 24/7 live human support by phone, chat, and email.
- Eligibility: check whether the provider serves your entity type. Rho serves US-incorporated businesses.
| Accounting system | How Rho connects |
|---|---|
| QuickBooks Online | Native integration and bank feed connection |
| NetSuite | Native integration |
| Sage Intacct | Native integration |
| Puzzle | Native integration |
| Xero | Bank feed connection only |
| Accounting system | How Rho connects | Notes |
|---|---|---|
| QuickBooks Online | Native integration and bank feed connection | Both connection types are available. |
| NetSuite | Native integration | Native, not a bank feed. |
| Sage Intacct | Native integration | Native, not a bank feed. |
| Puzzle | Native integration | Native, not a bank feed. |
| Xero | Bank feed connection only | Rho sends transactions to Xero. Xero is not a native Rho integration. |
Frequently asked questions
It depends on how your business operates. Rho is built for US-incorporated businesses that want $0 monthly fees, $0 domestic ACH and wires, and accounting connections on one platform. If your business handles significant physical cash, a bank with a branch network may fit better.
Look for low fees, accounting software connections, and eligibility for your entity type. Rho serves US-incorporated LLCs with $0 monthly, per-user, and minimum balance fees. Rho does not serve sole proprietorships.
Compare fees, software connections, support, and how deposits are held. Rho is an online banking platform with $0 monthly fees, native NetSuite, QuickBooks Online, Sage Intacct, and Puzzle integrations, and 24/7 live human support.
Ease depends on being ready. Rho's application is online, and having your EIN ready helps. Rho serves US-incorporated businesses only.
An EIN alone does not open an account. Your business must also be US-incorporated and meet Rho's eligibility rules. Have your EIN ready before you apply to Rho.
A business account holds company money separately from personal money, which keeps your books cleaner. Rho business checking has $0 monthly fees and no minimum balance fees.
Rho is a fintech company, not a bank. Eligible deposits held at Rho's partner banks can be covered by FDIC insurance up to $250,000 per entity, not per account, subject to applicable conditions. FDIC insurance does not protect against the failure of Rho. The full disclosure is below.
A $15 SWIFT fee applies to SWIFT payments, and a $30 fee applies to recalling an international USD wire. International USD wires can also incur fees set by recipient, correspondent, or intermediary banks. Domestic ACH, wires, and checks are $0 from Rho.
GUIDE: <a href="https://www.rho.co/blog/what-is-business-banking">What is business banking?</a>
COMPARISON: <a href="https://www.rho.co/blog/best-online-business-bank-accounts">Online business bank accounts compared</a>
COMPARISON: <a href="https://www.rho.co/blog/best-business-checking-accounts-for-startups">Business checking accounts for startups compared</a>
GUIDE: <a href="https://www.rho.co/blog/open-business-bank-account-before-ein">Open a business bank account before you have an EIN</a>
COMPARISON: <a href="https://www.rho.co/blog/best-business-bank-accounts-for-llc-owners">Business bank accounts for LLC owners compared</a>
COMPARISON: <a href="https://www.rho.co/blog/best-free-business-checking-accounts">Free business checking accounts compared</a>
Apply online. $0 monthly fees, $0 domestic ACH and wires, and 24/7 live human support.