Best business accounts for Consultants in United States
Snapshot
Consultants in the United States usually want a low cost account that separates business income, sends clean invoices, and handles the odd overseas client. Several accounts do this with no monthly fee.
Suits Consultants best
Depends on your structure and whether you bill abroad
Typical monthly fee
From no monthly fee to a low monthly plan
Sole proprietor position
Accepted by some providers, not others. Verify with the provider.
Providers that fit
Three reviewed here
Fees and features as of 5 February 2026Last reviewed 5 February 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Consultants often work solo or in a small practice and want to keep business money separate, invoice cleanly, and avoid monthly fees. As of 5 February 2026, Novo and Wise Business suit solo consultants with no monthly fee, and Wise Business helps with overseas clients. Mercury suits a consultant who runs a registered company, though it does not accept sole proprietorships. Compare current fees and features before choosing.
What Consultants in the United States need from a business account
Consultants usually want a clean split between business and personal money, simple invoicing, and records that export to accounting software. Those who bill overseas clients also value low cost currency conversion. Your business structure matters here, because some providers accept sole proprietors and some require a registered company. Confirm current terms with the provider.
N
Novo
Free United States business checking that accepts sole proprietors, but it is United States dollars only with no multi currency.
Compare accounts for Consultants in the United States
These providers accept Consultants in the United States. Fees and eligibility shown as of 5 February 2026. Confirm current terms with the provider before applying.
Questions about banking for Consultants in the United States
What account suits a solo consultant in the United States?
It depends on your business structure and whether you bill abroad. As of 5 February 2026, Novo and Wise Business offer a no monthly fee account that suits solo consultants, and Wise Business adds multi currency details for overseas clients. Mercury needs a registered company and does not accept sole proprietorships. Compare current terms with the provider.
Can a sole proprietor open these accounts?
Some providers accept sole proprietors and some do not. As of 5 February 2026, Novo accepts sole proprietors, while Mercury requires a registered company such as a limited liability company or corporation. Confirm eligibility with the provider before applying.
Can a consultant get paid by overseas clients?
Yes. Wise Business gives local account details in several currencies so overseas clients can pay you like a local, with conversion shown as of 5 February 2026. Mercury holds United States dollars only. Confirm supported currencies with the provider.
Is there a no monthly fee account for consultants?
Yes, Novo, Wise Business and Mercury all offer a no monthly fee option as of 5 February 2026, with a one off 31 USD on Wise to activate United States account details. Verify current fees with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 5 February 2026. Confirm current terms with the provider before applying.