Bluevine vs Square
Bluevine is a free account with interest for basic business checking needs. How does it compare to Square? 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 Square has a low swipe fee of 2.6% + $0.10 per transaction. It has no monthly fees, no contract, and no chargeback fees. Square offers a free swipe reader, feature-rich POS app, free virtual terminal, and free online store.
Compare Bluevine with Square, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Bluevine | Square | |
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Free Business Checking - Up to 2.0% APY - | Square Reader: Free Mobile Credit Card Reader - | |
Benefits and Features | ||
Savings | No savings account, but you add 5 free sub accounts | |
Checking | 4.25% APY for Premier customers, 2.0% 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 Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend) | |
Equipment | Free magstripe card reader; $59 for contactless + chip reader; Stand, Terminal, and Register available for purchase. | |
Cash Deposit Fee |
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Customer Service | Phone and email: Monday - Friday. 8 am to 8 pm EST | Phone, Email, Live Chat Support, Seller Community |
Fraud Prevention Tools | ||
Invoice Management | ||
Recurring Billing | ||
CreditDonkey® Reviews | ||
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... | Good credit card processor for low-volume businesses... |
Visit Site | Visit Site | |
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Free Business Checking - Up to 2.0% APY
- 2.0% 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 2.0% APY
- 2.0% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- 5 free subaccounts with unique account numbers
- 2 free checkbooks per year
- $0 monthly service fee
Premier Business Checking - Up to 4.25% APY
- 4.25% 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
Square Reader: Free Mobile Credit Card Reader
- Pay 2.6% + 10¢ Per Swipe for Visa, Mastercard, Discover, and American Express
- Accept Credit Cards Anywhere
- Fast Setup, No Commitments
Square Contactless and Chip Card Reader
- Pay 2.6% + 10¢ per tap or dip for Visa, Mastercard, Discover, and American Express
- Accept Chip Cards and Contactless Payments Anywhere
Square POS: Point of Sale System
- Advanced analytics and insights
- Inventory and customer management
- Track employee time cards and grant permission levels