How do I apply for a Bluevine Business Checking Account? – Bluevine Help Center

You can apply for a Bluevine Business Checking account in just minutes!

Getting Started

At the beginning of our application we will ask for the following information:

Your Business’s Entity Type
- Corporation
- General Partnership
- Limited Liability Company (LLC)
- Limited Liability Partnership (LLP)
- Limited Partnership
- Sole Proprietorship
Your First & Last Name
Your Email Address
Your Mobile Phone Number
Your Self-Created Secure Password
Acknowledgment of Bluevine’s Registration Terms and Privacy Policy

Tell Us About Your Business

In this section, we would like to understand your business better depending on the business entity type you selected on the previous page. You will be asked to provide the following, regardless of entity type:

Your Business Name.
Your Trade Name (if applicable).
Your Business Address.
- The physical location of your business, we cannot accept P.O. boxes.
Your Work Phone Number.
Your Annual Revenue.
Your Industry (Note: Certain industries are restricted. More information is available here.).
For Non-sole Proprietorships, you will need to provide your Tax ID or EIN.
If you are a Sole Proprietorship, we will need to know whether or not your business is registered with the state. If it is, you will need to indicate whether you have an EIN or Tax ID number.

Tell us about yourself

We need some basic information about you to verify your identity. We will ask for the following details.

Your First and Last Name
Your Home Address
- We cannot accept P.O. Boxes
Your Date of Birth
Your Social Security Number
Your Mobile Phone Number
Percentage of business owned by you: Other than you, are there any individuals who own 20% or more of the company?
- If Yes, you will add information for the Additional Owners including
  - Their First & Last Name.
  - Their Date of Birth.
  - Their SSN.
  - Their Address.
    - We cannot accept P.O. Boxes
  - The Percentage of Ownership.
    - If the individual does not own more than 20% of your business, you will not be required to input their information.
  - The Front and Back of their Driver’s License.

Verify your mobile number

Follow the prompts to set up your Multi-Factor Authentication (“MFA”) number using the mobile number you provided earlier in the application. The MFA number must be a US-based cellular device that can receive SMS messages. More information on MFA can be found in our support article titled, How do I set up multi-factor authentication?.

Verify Your Identity

In some cases, you may be required to provide pictures of the front and back of your Driver’s License or State ID. If applicable, the application will prompt you with step-by-step instructions to take and upload photos of the ID.

Tip: While taking photos of your ID, please ensure you capture the complete ID without any glares or distortions.

Verify Your Business

Depending on your business’s entity, you may be required to provide additional documentation to validate your business. Common documents include Articles of Incorporation, Certificate of Formation, or Assumed Name Certificate. More information can be found in our Support Article titled, How do I verify my business registration?.

Your Application is Being Reviewed

During this step, we will review the information you provided within the application. We may email you with any additional required steps. The application review process generally takes one to three business days.

Activate Your Account

If your application is approved, we will send a verification email to your email address. Once you receive the email, follow the prompts to activate your account. Once your account is activated, you’ll be able to accept the account agreements, order your Bluevine Debit Mastercard, and fund your account.

The Bluevine Business Debit Mastercard is issued by Coastal Community Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

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.