Snapshot
Revolut Business and Bank of America Business compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
Revolut Business figures as of 27 June 2026Bank of America Business figures as of 27 June 2026Last updated 27 June 2026
General information, not financial, legal, or tax advice. There is no single best account. The right fit depends on your business. Verify current terms and eligibility with each provider before applying.
Revolut Business and Bank of America Business suit different businesses. Use the comparison below to weigh account type, fees, currency support and eligibility against how your company operates, then confirm the latest terms with each provider. Figures are shown as of 27 June 2026.
Revolut Business vs Bank of America Business at a glance
| Feature | Revolut Business | Bank of America Business |
|---|---|---|
| Account type | Business account from Revolut Technologies Inc, a financial technology company, not a bank. Card and banking services are provided through Lead Bank, Member FDIC. | Business checking from Bank of America, a chartered bank and Member FDIC, with a nationwide branch network. |
| Who it suits | United States businesses that move money across borders and want multi currency accounts, corporate cards and spend management in one app. | United States businesses that want a traditional bank with branches, in person service, cash and check handling, and a path to credit and treasury services. |
| Monthly fee | Basic is 10 US dollars a month, Grow is from 40 US dollars a month, Scale is from 140 US dollars a month and Enterprise is custom priced. Annual billing can save up to 22 percent. As of 27 June 2026. | Business Advantage Fundamentals Banking has a 16 US dollars monthly fee, waived for the first 12 statement cycles and afterward waivable. Business Advantage Relationship Banking has a 29.95 US dollars monthly fee, also waivable. As of 27 June 2026. |
| Transaction fees | Each plan includes a monthly allowance of free local and international transfers. Beyond the allowance a local transfer is about 0.20 US dollars and an international transfer is about 5 US dollars. As of 27 June 2026. Verify with Revolut. | Fee waivers depend on balances or qualifying activity, for example a 5,000 US dollars combined average monthly balance or 500 US dollars in net new qualifying debit card purchases each cycle on Fundamentals. Wires, excess transactions and cash handling above set limits can carry charges. As of 27 June 2026. Verify the current schedule of fees with Bank of America. |
| FX fees | Currency exchange is at interbank rates up to a monthly allowance that varies by plan, for example 1,000 US dollars on Basic and 20,000 US dollars on Grow. A 0.6 percent fee applies above the allowance and 1 percent outside market hours. As of 27 June 2026. | United States dollar account. International wires and foreign currency services are available through the bank and carry their own fees. As of 27 June 2026. Verify with Bank of America. |
| Minimum deposit | No published minimum opening deposit. As of 27 June 2026. Verify with Revolut. | A small opening deposit may be required to fund the account. As of 27 June 2026. Verify with Bank of America. |
| Multi currency | Yes. Multi currency accounts support 25 or more currencies with local and global account details. As of 27 June 2026. | This is a United States dollar business checking account, not a multi currency neobank account. As of 27 June 2026. |
| Integrations | Accounting integrations including Xero, QuickBooks and NetSuite, plus an API, expense management and HR platform integrations. Verify current integrations with Revolut. | Online and mobile banking, QuickBooks connectivity, Zelle for business and Bank of America merchant and lending services. Verify current features with Bank of America. |
| Eligibility | United States registered businesses can apply. As of 27 June 2026. Verify eligibility with Revolut. | United States businesses can apply online or in a branch, subject to identity and business verification. As of 27 June 2026. Verify eligibility with Bank of America. |
| Broadly available in | The United States and many other markets globally. As of 27 June 2026. | United States. As of 27 June 2026. |
Use the table to weigh the differences. Revolut Business and Bank of America Business tend to differ most on account type and currency support, so match those to how your business moves money, then confirm the latest fees and eligibility with each provider.
Open a business account
Both providers accept business customers in their supported markets. Fees and eligibility shown as of 27 June 2026. Confirm current terms with the provider before applying.
Visit Revolut Business → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers. Visit Bank of America Business → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.Questions about Revolut Business and Bank of America Business
Which is better for my business, Revolut Business or Bank of America Business?
It depends on your needs. The table on this page compares Revolut Business and Bank of America Business on account type, fees, currency support, eligibility and availability using each provider's published terms. Weigh those against how your business operates, then confirm current terms with each provider. This is information, not advice.
Can I open both Revolut Business and Bank of America Business?
Often yes, subject to each provider's eligibility rules. Some businesses keep more than one account, for example one for everyday banking and another for currency conversion or cards. Check eligibility with each provider before applying.
Are the fees on this page current?
Each figure is shown with the date it was recorded, 27 June 2026. Fees and eligibility change, so confirm current terms with each provider before you apply.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 27 June 2026. Confirm current terms with each provider before applying.