dollarscout

Many products on this page are from partners who compensate us. This doesn't influence our ratings. Our opinions are our own.
Best Banks for Freelancers in 2026 hero
Business banking · Rankings

Best Banks for Freelancers in 2026

By Sophie Brown, Senior Finance Editor
Updated Apr 13, 2026
10 min read

Choosing the right business bank matters for your long-term financial health. DollarScout evaluated the top business bank accounts on fees, ease of use, feature set, and customer support to help you find the best fit for your needs in 2026.

Quick summary

Our top 5 picks

1
Best overall for freelancers
Lili
4.3 / 5.0
2
Best for Schedule C tax help
Found
4.2 / 5.0
3
Best for Stripe and Shopify sellers
Novo
4.2 / 5.0

The rankings

5 products compared
1
Lili
· Best overall for freelancers
4.3/5
2
Found
· Best for Schedule C tax help
4.2/5
3
Novo
· Best for Stripe and Shopify sellers
4.2/5
4
Mercury
· Best as you scale past freelance
4.6/5
5
Relay
· Best for multi-entity freelancers
4.3/5

Side-by-side comparison

Every product across every metric we scored.

Feature
#1
Lili
#2
Found
#3
Novo
#4
Mercury
#5
Relay
DollarScout rating 4.3 / 5.0 4.2 / 5.0 4.2 / 5.0 4.6 / 5.0 4.3 / 5.0
Best for Best overall for freelancers Best for Schedule C tax help Best for Stripe and Shopify sellers Best as you scale past freelance Best for multi-entity freelancers
Account minimum $0 $0 $0 $0 $0
Commissions $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs
Mobile app iOS + Android iOS + Android iOS + Android iOS + Android iOS + Android
Fractional shares — — — — —
Standout feature Competitive pricing Competitive pricing Competitive pricing Competitive pricing Competitive pricing

Detailed reviews

In-depth look at every product on our list.

Best Overall · Editor's Choice
1
Ranked #1

Lili

4.3/5 4.3
DollarScout rating
Lili logo
Lili
Best overall for freelancers

Lili stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Visit Site
Read full review on Lili's website
Rating
4.3 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Lili stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Lili review
Our pick for best for schedule c tax help
2
Ranked #2

Found

4.2/5 4.2
DollarScout rating
Found logo
Found
Best for Schedule C tax help

Found stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Visit Site
Read full review on Found's website
Rating
4.2 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Found stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Found review
Our pick for best for stripe and shopify sellers
3
Ranked #3

Novo

4.2/5 4.2
DollarScout rating
Novo logo
Novo
Best for Stripe and Shopify sellers

Novo stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Visit Site
Read full review on Novo's website
Rating
4.2 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Novo stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Novo review
Our pick for best as you scale past freelance
4
Ranked #4

Mercury

4.6/5 4.6
DollarScout rating
Mercury logo
Mercury
Best as you scale past freelance

Mercury stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Visit Site
Read full review on Mercury's website
Rating
4.6 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Mercury stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Mercury review
Our pick for best for multi-entity freelancers
5
Ranked #5

Relay

4.3/5 4.3
DollarScout rating
Relay logo
Relay
Best for multi-entity freelancers

Relay stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Visit Site
Read full review on Relay's website
Rating
4.3 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Relay stands out in the business banking space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating business bank accounts.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Relay review
Our methodology

How we scored every product on this list

Our rankings combine hands-on testing, public filings where applicable, and verified user feedback. All business bank accounts are regulated by the OCC and FDIC (via partner banks for fintechs).

Every ranking combines hands-on testing, public filings where available, and verified user feedback. Read our full methodology for the complete scoring rubric.

Sophie Brown
Written by
Sophie Brown
Senior Finance Editor
Updated Apr 13, 2026