What is my estimated account activity used for? – Bluevine Help Center

When you open a business checking account with Bluevine, we ask for estimated account activity. This information will not be used to determine account limits or affect your account opening. It will only be used to help keep your account secure.

Why do you need this information?

This information will be used to keep your account secure and monitor for any abnormal activity. If your expected deposits change at any time, you do not need to update the estimates.

What if I don’t know my average monthly deposits?

These values also do not need to be exact, if you are a new business and do not know your average deposits, give us your best estimate.

If I exceed my limits will any action be taken on my account?

No - these are estimates to help keep your account secure. No limitations will be placed on your account solely because of these limits.

What if I don’t use one of the deposit methods?

If you do not expect to deposit checks, wires and/or cash, no problem. Simply put $0 for that question. This will not block your ability to deposit checks or cash in the future. You should expect to use at least one of the deposit methods, so they should not all be $0.

Starting February 1, 2022, customers will earn 1.2% interest on the total balance of Bluevine Business Checking accounts and Sub-accounts up to and including $100,000. No interest earned on total balances over $100,000. As of May 1, 2022, customers will earn interest on total balances up to and including $100,000 only if they meet the monthly debit transaction or deposit requirements described in Section M of the Account Agreement. Any interest accrued and payable will be paid to your Bluevine Business Checking account.
Customers will receive a Bluevine Business Debit Mastercard only for use with the main Bluevine Business Checking account.
No limit on number of transactions. However, all accounts are subject to the aggregated monthly deposit and withdrawal amount limits of the Account Agreement.
The national average and comparison are based on interest rates paid by U.S. depository institutions as calculated by the FDIC.
Debit transactions must post to your account before the end of the month to qualify toward that month’s eligibility requirement. Bluevine Business Debit Mastercard is issued by Coastal Community Bank pursuant to a license from Mastercard Inc.
Qualifying transactions only include mobile deposits of customer checks, customer payments made via ACH or wire, and customer payments transferred from payment processing providers. These transactions must post to your account or sub-accounts before the end of the month to qualify toward that month’s eligibility requirement. Transactions that do not qualify include, but are not limited to, mobile deposits of checks drawn on accounts you hold at any institution, cash deposits, and transfers from any of your external accounts, except those associated with payment processing providers.

Why do you need this information?

What if I don’t know my average monthly deposits?

If I exceed my limits will any action be taken on my account?

What if I don’t use one of the deposit methods?

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