NorthOne is a financial technology company that provides business banking solutions for small businesses. It offers a variety of features, including free ATM withdrawals, free online bill pay, mobile check deposits, ACH transfers, virtual debit cards, custom integrations, and automatic budgeting tools. NorthOne business bank accounts are FDIC insured up to $250,000 and are available to businesses of all sizes. They can be opened online in minutes. NorthOne business bank accounts are a good option for small businesses that are looking for an online banking solution with a variety of features and a low cost.
NorthOne’s online banking service is limited to one type of checking account, which can be accessed through their mobile app or online.
Deposit Account (Business Checking)
The Deposit Account is the only type of account NorthOne offers. A $10 monthly account fee and a $50 deposit are required to open an account. NorthOne does not pay interest on the checking account balance.
- $10 monthly fee
- No account minimum
- $50 deposit to open an account
- No APY offered
- Plenty of integrations with other business tools
- NorthOne Envelopes: budgeting tool
- Free online bill pay
If you’re looking for a simple and effective budgeting tool, NorthOne Envelopes is a great option. It’s easy to use, customizable, and effective.
NorthOne Envelopes is a budgeting tool that allows you to create virtual envelopes for different categories of expenses. You can then transfer money into each envelope to track your spending. Envelopes can be a convenient way to stay on budget and avoid overspending.
Here are some of the benefits of using NorthOne Envelopes:
- It’s easy to use: NorthOne Envelopes is a simple and intuitive budgeting tool. You can create envelopes in minutes and start tracking your spending right away.
- It’s customizable: NorthOne Envelopes is highly customizable. You can create as many envelopes as you need and name them whatever you want.
- It’s effective: NorthOne Envelopes has been shown to be an effective budgeting tool. Studies have shown that people who use envelope budgeting are more likely to stay on budget and save money.
Here are some tips for using NorthOne Envelopes:
- Start by creating a list of your expenses: This will help you identify the categories of expenses that you need to budget for.
- Set a budget for each category: Once you know what you’re spending money on, you can set a budget for each category.
- Transfer money into each envelope: Once you’ve set a budget for each category, transfer money into each envelope.
- Track your spending: As you spend money, track your spending in each envelope.
- Adjust your budget as needed: If you find that you’re overspending in one category, you can adjust your budget accordingly.
Business Tools Integration
NorthOne offers a variety of integrations with other popular business tools. These integrations can help you streamline your business operations and save time.
These are just a few of the many integrations that NorthOne offers:
- QuickBooks: NorthOne integrates with QuickBooks Online, making it easy to sync your transactions and keep your books up-to-date.
- Xero: another popular accounting software.
- FreshBooks: invoicing and time tracking software.
- Stripe: a payment processing platform.
- PayPal: another payment processing platform.
- Square: point-of-sale system.
- Venmo: peer-to-peer payment platform.
- Expensify: an expense tracking software.
- Gusto: a payroll processing platform.
NorthOne’s integrations can help you save time and streamline your business operations. If you’re looking for a way to improve your business’s efficiency.
- Available in all states