Google+Business Checking Comparison Chart | IBERIABANK | New Orleans - Lafayette - Lake Charles - Monroe | LA | Little Rock | AR Google+

Compare Checking Accounts

All of our accounts come with complimentary online banking and bill pay, mobile banking, and more conveniences.

AccountFree Business CheckingChoice Business CheckingAdvanced Business CheckingBusiness Interest Checking
Account designed for:Ideal for small business owners with limited transaction volumePerfect for growing businesses that want Remote Deposit Capture or Merchant Processing**Great for businesses with large transaction volume Clients seeking competitive interest rates paid on their balance
Monthly FeeNot applicable$25$12 $10
No monthly service or reduced service charge if:Not applicableMaintain a $25,000 minimum daily balance


Maintain $50,000 combined collected balances with IBERIABANK***
Earnings Credit Rate may offset monthly service chargeMaintain a $10,000 daily minimum balance
Items allowed500*500 $.17 per item 300
Additional per item feeNot applicable$.50 per itemNot applicable$.50 per item
Currency Deposited allowedFirst $10,000 currency deposited/exchanged per statement cycle* Excludes bulk coin processing*First $10,000 currency deposited/exchanged per statement cycleFirst $10,000 currency deposited/exchanged per statement cycleFirst $10,000 currency deposited/exchanged per statement cycle
Additional Currency Deposited feeNot applicable$1.75 per additional $1,000$1.00 per additional $1,000$1.75 per additional $1,000
Earnings creditNoNoYesNo
Earns interestNoNoNoYes
Complimentary Services
Two personal checking accounts with services charges waived for small business owner YesYesYesYes
Visa® debit card±YesYesYesYes
Online Banking and Bill PayYesYesYesYes
Mobile BankingYesYesYesYes
e-Statements and e-NoticesYesYesYesYes

*Any Free Business Checking account exceeding stated transaction or cash deposited limits during any two statement cycles in a 12-month period may automatically be converted to Advanced Business Checking. Free Online Bill Pay Service is intended for use by small business clients with annual sales less than $10 million. Commercial accounts must review online services with a Relationship Banker for a quote. Please refer to the Rate and Fee Schedule for more information. Rates and fees are subject to change. Bulk coin is defined as $500 or more in loose coin deposited per statement cycle.

**Remote Deposit Capture services are available to qualified clients that meet the standards of the IBERIABANK Remote Deposit Capture Policy. Remote Deposit Capture with Choice Business Checking requires a 24-month commitment and is subject to a monthly early closure fee of $12.50 for each month prior to the original 24-month commitment. Merchant Processing is subject to all standard merchant processing charges and the Choice Business Checking account will be credited for the monthly statement processing fee of $12.50.

***Combined balances during the monthly statement cycle include all savings, money market and demand deposit accounts held at IBERIABANK under the same business tax identification number.