Rho is a business banking platform for funded startups, multi-entity companies, and finance teams. Open a business checking account online with $0 monthly fees, $0 domestic ACH and wires, native QuickBooks Online, NetSuite, and Sage Intacct integrations, and 24/7 live human support.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank, a division of Santander Bank, N.A. Member FDIC, and by Lead Bank, Member FDIC.
What you get with Rho's Business Checking Account
¹ For checking deposits held at Webster Bank, a division of Santander Bank, N.A., FDIC deposit insurance up to $250,000 applies per entity, not per account, and is subject to FDIC limitations and requirements.
- 01
Have your EIN ready
Have your EIN ready. Rho serves US-incorporated businesses.
- 02
Apply online
Apply online.
- 03
Get verified
Applications are subject to approval.
- 04
Fund and start banking
Send ACH and domestic wires, issue corporate cards, and connect QuickBooks Online, NetSuite, Sage Intacct, or Puzzle.
No monthly fees, $0 domestic ACH and wires
- Business checking with $0 monthly, per-user, and minimum-balance fees
- $0 domestic ACH, wire, and check fees
- Corporate cards with no annual, subscription, or per-card fee, and up to 2% cashback with Rho Platinum (terms apply)
- Expense management with no user or platform usage fees
- Bill Pay that is free to Rho customers
- Native QuickBooks Online, NetSuite, Sage Intacct, and Puzzle integrations
- 24/7 live human support on every account
A $15 SWIFT fee applies to SWIFT payments, and the fee is required in some corridors. Foreign currency payments carry a 1% conversion fee. International wires in USD carry a $30 recall fee.
Apply online
Apply online with your EIN and formation documents.
Keep every dollar
No monthly fees, no minimum balance, and no charges on domestic ACH or wire transfers.
Books that sync themselves
QuickBooks Online, NetSuite, Sage Intacct, and Puzzle sync natively. Xero and QuickBooks Online connect through bank feeds.
| Rho | |
|---|---|
| Accounting software connections | Native: QuickBooks Online, NetSuite, Sage Intacct, Puzzle. Bank feed: Xero, QuickBooks Online |
| Monthly account fee | $0, with no per-user or minimum-balance fees |
| Domestic ACH and wires | $0 |
| Card cashback | Up to 2% with Rho Platinum (terms apply); standard up to 1.25% (Daily Terms) or up to 1% (Monthly Terms) (terms apply) |
| Rho | Mercury | Bluevine | Relay | |
|---|---|---|---|---|
| Accounting software connections | Native: QuickBooks Online, NetSuite, Sage Intacct, Puzzle. Bank feed: Xero, QuickBooks Online | Bank feed import to QuickBooks Online, Xero, and NetSuite on all plans | Not compared here | QuickBooks Online and Xero; FreshBooks via Yodlee |
| Monthly account fee | $0, with no per-user or minimum-balance fees | $0 base plan | Standard $0; Plus $30 per month (waivable); Premier $95 per month (waivable) | Starter $0; Grow $30 per month; Scale $90 per month |
| Domestic ACH and wires | $0 | $0 for ACH and domestic wires on all plans | Standard ACH free; outgoing wires up to $15; same-day ACH up to $10 | Not compared here |
| Card cashback | Up to 2% with Rho Platinum (terms apply); standard up to 1.25% (Daily Terms) or up to 1% (Monthly Terms) (terms apply) | Unlimited 1.5% cashback on all spend | Category rebates: 4% at participating restaurants, 1% at Fuelman stations (purchases up to $100), hotel rebates capped at $20 | 1% Starter, 1.25% Grow, 1.5% Scale |
Competitive data collected from Mercury, Bluevine, and Relay websites as of 10/09/2026, and may change. Rho cashback requires card spend that meets program terms. Rho Platinum has its own qualification requirements.
Rho is a business banking platform for funded startups, multi-entity companies, and finance teams. Rho business checking has $0 monthly fees, $0 domestic ACH, wire, and check fees, native accounting integrations, and 24/7 live human support. Last updated October 9, 2026.
Rho is organized around three kinds of teams. <a href="/contact-sales">Talk to us about banking multiple entities.</a>
Need an EIN first? Rho can incorporate your company, and your EIN application (SS-4) is prepared and submitted for you after incorporation. If you already filed, the SS-4 is accepted, and you can move money once your EIN is on file. <a href="/product/incorporation">Incorporate with Rho</a>. Not ready yet? <a href="/blog/open-business-bank-account-before-ein">Open a business bank account before you have your EIN</a>.
Keep reading: <a href="/blog/what-is-business-banking">What is business banking?</a> <a href="/blog/best-online-business-bank-accounts">Online business bank accounts compared</a> <a href="/blog/mercury-vs-brex-vs-rho-startup-banking-comparison">Startup banking platforms compared</a> <a href="/blog/fastest-way-to-open-a-business-bank-account">The fastest way to open a business bank account online</a>
- Funded startups: Fixed costs stay flat while the team grows. Checking has $0 monthly, per-user, and minimum-balance fees, and Rho corporate cards have no annual, subscription, or per-card fee. Platinum cardholders earn up to 2% cashback (terms apply).
- Multi-entity companies: Each entity needs its own books. Rho connects natively to QuickBooks Online, NetSuite, Sage Intacct, and Puzzle, and checking deposits carry FDIC deposit insurance up to $250,000 per entity, not per account.
- Finance teams: Payments, spend, and bookkeeping live in one place. Bill Pay is free to Rho customers, expense management has no user or platform usage fees, and the mobile app handles receipt upload with OCR, accounting coding, and expense approval.
Rho has native integrations with QuickBooks Online, NetSuite, Sage Intacct, and Puzzle. Rho also supports bank feed connections to Xero and QuickBooks Online. A bank feed sends transactions into your accounting software. A native integration connects Rho to your accounting software directly.
For platforms without a first-party integration, Rho offers a read-only API, available to every Rho business. Account Owners and Admins create the tokens, and the API cannot initiate payments.
<a href="https://signup.rho.co">Open an account and connect your accounting software</a>. <a href="/blog/business-banking-accounting-integrations">Business banking platforms that integrate with QuickBooks</a>.
- Native integrations: QuickBooks Online, NetSuite, Sage Intacct, and Puzzle
- Bank feed connections: Xero and QuickBooks Online
| 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. |
Accounting integrations as of October 9, 2026.
Rho business checking has $0 monthly, per-user, and minimum-balance fees, and $0 domestic ACH, wire, and check fees. International payments carry the separate fees in the table below. Intermediary banks can add their own fees to international wires in USD.
<a href="/blog/business-banking-fees-explained">Business banking fees, explained</a>
- $15 SWIFT fee on SWIFT payments
- 1% foreign currency conversion fee
- $30 wire recall fee on international wires in USD only
| Fee | Rho price |
|---|---|
| Monthly, per-user, and minimum-balance fees | $0 |
| Domestic ACH, wire, and check fees | $0 |
| SWIFT payments | $15 |
| Foreign currency conversion | 1% |
| Wire recall | $30 |
| Card fees | No annual, subscription, or per-card fee |
| Cashback | Up to 2% with Rho Platinum (terms apply); standard up to 1.25% (Daily Terms) or up to 1% (Monthly Terms) (terms apply) |
| Fee | Rho price | Applies to |
|---|---|---|
| Monthly, per-user, and minimum-balance fees | $0 | Banking, corporate cards, expense management, and Bill Pay |
| Domestic ACH, wire, and check fees | $0 | Domestic payments |
| SWIFT payments | $15 | A $15 SWIFT fee applies to SWIFT payments, and the fee is required in some corridors |
| Foreign currency conversion | 1% | Foreign currency payments |
| Wire recall | $30 | International wires in USD only. No domestic recall fee applies |
| Card fees | No annual, subscription, or per-card fee | Rho corporate cards |
| Cashback | Up to 2% with Rho Platinum (terms apply); standard up to 1.25% (Daily Terms) or up to 1% (Monthly Terms) (terms apply) | Eligible card spend, up to $1M per year |
Fees as of October 9, 2026
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Rho provides the banking platform, and a partner bank provides checking account and card services. Checking deposits held at Webster Bank, a division of Santander Bank, N.A., carry FDIC deposit insurance up to $250,000 per entity. See the disclosures below for Lead Bank pass-through coverage. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
<a href="/blog/are-fintech-business-banking-platforms-safe">Are fintech business banking platforms safe to use?</a>
- Every account includes 24/7 live human support by phone, chat, and email, at no cost.
Apply online with Rho. $0 monthly fees, $0 domestic ACH and wires, and 24/7 live human support. Not ready yet? Read how to open a business bank account before your EIN.
Frequently asked questions
Have your EIN ready. Rho serves US-incorporated businesses with a US operating address, or with at least one owner in the US who has a valid SSN. Rho does not serve sole proprietorships.
Have your EIN ready, then apply online with Rho. If your EIN is still pending, Rho accepts the SS-4 (EIN application), and you can move money once your EIN is on file.
Rho integrates natively with QuickBooks Online, NetSuite, Sage Intacct, and Puzzle, and supports bank feed connections to Xero and QuickBooks Online. Xero is a bank feed only, not a native integration. Rho also offers a read-only API for platforms without a first-party integration.
FDIC deposit insurance on Rho checking applies up to $250,000 per entity, not per account, so balances above that amount are not covered by that limit. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Have a larger balance or several entities? Talk to us.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking and card services are provided by a partner bank, and every Rho account includes 24/7 live human support.
Rho business checking has $0 monthly, per-user, and minimum-balance fees, and $0 domestic ACH, wire, and check fees. A $15 SWIFT fee applies to SWIFT payments, foreign currency conversion is 1%, and a $30 recall fee applies to international wires in USD only. Rho corporate cards have no annual, subscription, or per-card fee.
Rho is built for teams that bank across funding stages and entities. Funded startups get $0 monthly fees and corporate cards that earn up to 2% cashback with Rho Platinum (terms apply), multi-entity companies get FDIC deposit insurance per entity and native accounting integrations, and finance teams get Bill Pay, expense management, and accounting integrations in one platform.
Rho business banking includes business checking, ACH and domestic wires, corporate cards, Bill Pay, and expense management. It also includes native QuickBooks Online, NetSuite, Sage Intacct, and Puzzle integrations. The Rho mobile app supports check deposit, ACH and wire sending, card controls, and receipt upload with OCR. Cards work with Apple Wallet and Google Wallet.
Have your EIN ready. If your EIN is still pending, the SS-4 (EIN application) is accepted, and money can be moved once your EIN is on file.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank, a division of Santander Bank, N.A., member FDIC, and by Lead Bank, Member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval. Cashback rates are subject to Rho program terms and conditions, including the Rho Platinum qualification requirements. Cashback is earned on eligible card spend, up to $1M in eligible annual card spend. Competitive data collected from Mercury, Bluevine, and Relay websites as of 10/09/2026, and may change. Product claims current as of October 2026. Last updated October 9, 2026.