Having a dedicated bank account for your business allows you to keep your business deposits and expenses separate from personal transactions. For most small businesses, a business checking account is essential. Chase Ink Business Preferred, for example, offers high-value rewards you can use toward free and discounted travel. Chase is also a great bank for business credit cards. With no maintenance fees and no minimum monthly balance required, this basic account will meet the needs of many small businesses. Randa Kriss February 17, Many or all of the products featured here are from our partners who compensate us.