NorthOne is a financial technology company that provides a business banking account for United States businesses through a partner bank. It charges a flat monthly fee with no per transaction or ATM fees on the standard account, and suits small businesses and freelancers that want simple, predictable pricing. As of 19 June 2026.
- Who it suits
- United States small businesses, freelancers, and growing companies that want a simple digital account with a flat monthly fee and predictable, fee light transactions.
- Broadly available in
- The United States. The business must be a United States entity. As of 19 June 2026.
- Headline monthly fee
- Flat fee, recently about 10 US dollars a month for the standard account and about 20 US dollars a month for the Plus account. As of 19 June 2026.
- Account type
- Business deposit account provided through The Bancorp Bank, N.A., a member of the FDIC. NorthOne is a fintech, not a bank.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
NorthOne provides a business deposit account, a debit card, payments, budgeting tools, and accounting connections aimed at United States small businesses and freelancers. It is a financial technology company rather than a bank, and the underlying account is held at The Bancorp Bank, N.A., a member of the FDIC, so eligible deposits are FDIC insured through that partner bank up to the standard limit. The pricing model is a flat monthly fee rather than a long fee schedule, which appeals to businesses that value predictability. As of 19 June 2026.
Strengths
A flat monthly fee with no per transaction or ATM fees on the standard account, no overdraft or non sufficient funds fees, budgeting and accounting tools, FDIC insurance through the partner bank, and no minimum opening deposit. As of 19 June 2026.
Limitations
There is a monthly fee even on the standard plan, so it is not free, and some services such as wires and retail cash deposits carry fees. It is a fintech rather than a bank, deposit insurance covers the failure of the partner bank rather than NorthOne, and it serves United States entities only, so it does not replace a local account in other countries. Verify current terms with NorthOne.
Fees and features
| Monthly fee | Flat fee, recently about 10 US dollars a month for the standard account and about 20 US dollars a month for the Plus account. As of 19 June 2026. |
|---|---|
| Transaction fees | No per transaction fee and no ATM fee on the standard account, and no overdraft or non sufficient funds fee. Wires and some services can carry fees. As of 19 June 2026. Verify the current rate card with NorthOne. |
| Cash deposits | Cash can be deposited at supported retail locations through a third party network, with a fee per deposit of up to about 5.95 US dollars. As of 19 June 2026. Verify with NorthOne. |
| Interest | NorthOne has offered an annual percentage yield on balances where monthly card spend and balance conditions are met. Yields change with market rates, so confirm the current rate and conditions with NorthOne. As of 19 June 2026. |
| Minimum deposit | No minimum opening deposit and no minimum balance to open online. As of 19 June 2026. Verify with NorthOne. |
| Deposit protection | Deposits are FDIC insured through The Bancorp Bank, N.A., a member of the FDIC, up to the standard 250,000 US dollar limit. Insurance covers the failure of the partner bank, not NorthOne. As of 19 June 2026. Verify with NorthOne. |
| Eligibility | United States businesses, including sole proprietors, limited liability companies, and corporations, with a tax identification number such as an EIN, or an SSN for sole proprietors, and a government issued identity document. As of 19 June 2026. Verify eligibility with NorthOne. |
Open a NorthOne business account
NorthOne serves United States registered businesses, including sole proprietors, limited liability companies, and corporations. Fees and eligibility shown as of 19 June 2026. Confirm current terms with the provider before applying.
Visit NorthOne →NorthOne by country
NorthOne accounts are for United States entities. The country index below sets out the wider business banking picture across markets, as of 19 June 2026.
Questions about NorthOne
Is NorthOne a bank?
Where is NorthOne available?
How much does NorthOne cost?
Who can open a NorthOne account?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 June 2026. Confirm current terms with NorthOne before applying.