Bluevine vs Payment Depot
Bluevine is a free account with interest for basic business checking needs. How does it compare to Payment Depot? Read our comparison chart below.
Bluevine offers one of the highest APYs on the market for its Business Checking account. You also get 5 free subaccounts, unlimited transactions, 2 free checkbooks a year, and additional users at no extra cost. There's no monthly fee.
While Payment Depot offers membership pricing plans based on business volume. It starts at $79/mo, plus Interchange + 8¢ per transaction for swipe, and Interchange + 18¢ for online transactions. There is no contract.
Compare Bluevine with Payment Depot, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Visit Site | |
Bluevine | Payment Depot | |
|---|---|---|
Free Business Checking - Up to 1.3% APY - | Save Over $400 Per Month on Average - | |
Benefits and Features | ||
| Savings | No savings account, but you add 5 free sub accounts | |
| Checking | 3.00% APY for Premier customers, 1.75% APY for Plus customers, 1.30% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard | |
| Monthly Fee | Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend) |
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| Equipment | POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing | |
| Cash Deposit Fee | $4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs | |
| Customer Service | Phone and email: Monday - Friday. 8 am to 8 pm EST | Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn) |
| Fraud Prevention Tools |  | |
| Invoice Management | ||
| Recurring Billing | ||
CreditDonkey® Reviews | ||
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| Checking |   | |
| Fees | | |
| Mobile App | | |
| Customer Service |  | |
| Price | | |
| Equipment | | |
| Contract | | |
| Ecommerce | | |
| High Volume Business | | |
| Low Volume Business | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Free account with interest for basic business checking needs... | Cheap merchant account provider for high-volume businesses... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. | ||
Free Business Checking - Up to 1.3% APY
- 1.3% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Free Business Checking - Up to 1.3% APY
- 1.3% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- Free unlimited invoicing and payment links
- 5 free subaccounts with unique account numbers
- 1 free checkbook for the life of the account
- $0 monthly service fee
Premier Business Checking - 3.00% APY
- 3.00% APY on balances up to $3,000,000
- $0 minimum opening deposit
- 50% off most Standard payment fees
- Priority customer support
- Waive the $95 monthly service fee with $100k average daily balance and $5k debit card spend
Which is Better: Bluevine or Payment Depot?
Still need help deciding which business is better? Read the in-depth reviews below. You may also be interested in comparing Bluevine or Novo.
In short: Payment Depot's customer service is notable.
Articles on Bluevine
Bluevine Business Checking Review
Is Bluevine Legit
Bluevine Alternatives
Articles on Payment Depot
Payment Depot Review
Which Do You Think is Best?
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