Our consultants reply readers’ banking questions and write unbiased product critiques (here is how we assess banking merchandise). In some instances, we obtain a fee from our companions; nevertheless, our opinions are our personal. Phrases apply to affords listed on this web page.
Examine NBKC merchandise
NBKC Enterprise Banking: General Score
NBKC Enterprise Banking Execs and Cons
About NBKC Enterprise Banking
NBKC Financial institution is a web-based financial institution with bodily branches obtainable in Kansas Metropolis, Missouri, that provides each private and enterprise banking. Enterprise prospects even have quite a lot of bank cards to select from. You will get enterprise loans, however it’s a must to be within the Kansas Metropolis space to qualify for these.
By NBKC, you will have free entry to over 37,000 free MoneyPass ATMs positioned all through the US and Puerto Rico. NBKC additionally refunds as much as $12 per 30 days if you’re charged by an out-of-network ATM.
Normal customer support assist is offered via telephone, e mail, or on-line chat from 8 a.m. to five p.m. CT, Monday to Friday. If you happen to reside close to Kansas Metropolis, you’ll be able to go to a bodily location throughout these hours, too.
The NBKC cell app has a 4.4 out of 5 score from the Apple retailer and a 4.2 out of 5 score from the Google Play retailer.
NBKC is FDIC-insured, which signifies that people accounts are protected for as much as $250,000 and joint accounts are secured for as much as $500,000.
Is NBKC Financial institution Reliable?
NBKC has not been concerned in any current public controversies.
The Higher Enterprise Bureau has additionally given NBKC an A+ score. The Higher Enterprise Bureau gives scores primarily based on how successfully companies take care of buyer complaints.
An excellent BBB score will not essentially imply that you should have an ideal expertise with a banking establishment, so make certain to additionally get different views from different enterprise homeowners to form your general opinion.
NBKC Enterprise Banking FAQs
Sure, NBKC is a official, respected financial institution with FDIC insurance coverage. Which means even when NBKC Financial institution shuts down, your insured deposits are secure. The financial institution additionally has an A+ from the Higher Enterprise Bureau, which signifies that it offers effectively with buyer complaints, is clear about enterprise practices, and advertises truthfully.
Sure, you’ll be able to hyperlink your NBKC accounts with Quicken and QuickBooks.
Sure, you’ll be able to apply for enterprise banking on-line with NBKC. You should not have to reside in Kansas Metropolis to qualify.
Sure, NBKC affords SBA loans, actual property loans, strains of credit score, and extra for companies. However not like its different enterprise and private merchandise, NBKC small enterprise loans are restricted to these within the Kansas Metropolis space.
NBKC Enterprise Banking Opinions
NBKC Enterprise Checking Account
NBKC Enterprise Checking Account
Charges
no month-to-month service charge
Annual Proportion Yield (APY)
None
Minimal Deposit Quantity
$0
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A test mark. It signifies a affirmation of your supposed interplay.No minimal opening deposit
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A test mark. It signifies a affirmation of your supposed interplay.No month-to-month service charges
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A test mark. It signifies a affirmation of your supposed interplay.Limitless free month-to-month transactions
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A test mark. It signifies a affirmation of your supposed interplay.No overdraft or nonsufficient funds charges
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A test mark. It signifies a affirmation of your supposed interplay.No incoming home wire switch charges
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A test mark. It signifies a affirmation of your supposed interplay.Refunds as much as $12 per 30 days in charges charged by out-of-network ATMs
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A test mark. It signifies a affirmation of your supposed interplay.Deposit money at ATMs
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Two crossed strains that type an ‘X’.Solely bodily department places are in Kansas Metropolis, MO
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Two crossed strains that type an ‘X’.$5 outgoing wire switch charge
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Two crossed strains that type an ‘X’.$45 incoming worldwide wire switch charge
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- 37,000+ free ATMs within the MoneyPass community
- No out-of-network ATM charges; if an ATM supplier prices you, NBKC reimburses as much as $12 per 30 days
- FDIC insured
The NBKC Enterprise Checking Account is a powerful choice in the event you’re in search of an account that is simple to handle. The account would not require a minimal opening deposit. It additionally would not cost month-to-month service charges, incoming home wire switch charges, or overdraft charges, and there is not any restrict on month-to-month transactions.
You will need to observe that the account does cost a $5 outgoing wire switch charge and a $45 incoming worldwide wire switch charge.
NBKC Enterprise CD
NBKC Enterprise CD
Annual Proportion Yield (APY)
0.10% to 4.50%
Minimal Deposit Quantity
$1,000
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A test mark. It signifies a affirmation of your supposed interplay.Aggressive APY
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A test mark. It signifies a affirmation of your supposed interplay.normal time period choices
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A test mark. It signifies a affirmation of your supposed interplay.$1,000 minimal opening deposit
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A test mark. It signifies a affirmation of your supposed interplay.Customary withdrawal penalties
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Two crossed strains that type an ‘X’.Branches are solely obtainable in Kansas Metropolis, MO
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- Phrases starting from 3 months to five years
- Withdrawal penalties: 90 days of curiosity for 1 yr or beneath; 180 days of curiosity for two yr to five yr phrases
- Curiosity compounded each day, deposited month-to-month
- Member FDIC
An NBKC Enterprise CD affords a aggressive fee on sure time period lengths — however in the event you’re looking for good charges on shorter phrases, similar to three or six months, you may need to look elsewhere.
NBKC Enterprise Cash Market Account
NBKC Enterprise Cash Market Account
Charges
no month-to-month service charge
Annual Proportion Yield (APY)
2.25%
Minimal Deposit Quantity
$0
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Examine mark icon
A test mark. It signifies a affirmation of your supposed interplay.No month-to-month service charges
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Examine mark icon
A test mark. It signifies a affirmation of your supposed interplay.No minimal opening deposit
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Examine mark icon
A test mark. It signifies a affirmation of your supposed interplay.$0.01 wanted to earn curiosity
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A test mark. It signifies a affirmation of your supposed interplay.Free Debit MasterCard included
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A test mark. It signifies a affirmation of your supposed interplay.Stable APY
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con icon
Two crossed strains that type an ‘X’.Branches solely obtainable in Kansas Metropolis, MO
Product Particulars
- On-line financial institution with branches in Kansas Metropolis, MO
- Free entry at over 37,000 MoneyPass ATMs
- Free Debit MasterCard included
- Curiosity compounded each day, deposited month-to-month
- Member FDIC
NBKC would not provide a conventional enterprise financial savings account. Nonetheless, it does have the NBKC Cash Market Account. This can be a strong choice if you’re in search of a technique to save but additionally need the added perk of simple accessibility — it comes with a Debit MasterCard. It is also a sensible choice in the event you’re in search of a cash market account that’s each free and pays an honest rate of interest.
How NBKC Enterprise Banking Compares
NBKC Enterprise Banking vs. Axos Enterprise Banking
Each NBKC and Axos enterprise banking have free checking accounts with limitless free month-to-month transactions.
The Axos Financial institution Fundamental Enterprise Checking Account is a wonderful enterprise account general. It refunds all charges charged by out-of-network ATMs, whereas NBKC solely reimburses $12 per 30 days. It additionally pays a bonus of as much as $200 for qualifying enterprise homeowners.
Axos Financial institution additionally affords enterprise loans to folks outdoors of the Kansas Metropolis space.
Nonetheless, NBKC pays increased charges on its enterprise cash market account and most CD phrases.
Axos Enterprise Banking Evaluate
NBKC Enterprise Banking vs. BlueVine Enterprise Checking
The BlueVine Enterprise Checking Account is a good choice with no month-to-month charges, limitless free month-to-month transactions, and you’ll earn 2.00%. So in the event you’re occupied with a high-yield enterprise checking account, BlueVine could possibly be the way in which to go.
However so far as financial institution accounts go, BlueVine solely affords a checking account. You might favor NBKC if you need a cash market account or CD. BlueVine does provide a enterprise line of credit score you’ll be able to apply for on-line, although.
BlueVine Enterprise Checking Evaluate
Why You Ought to Belief Us: How We Reviewed NBKC Enterprise Banking
To assessment NBKC Enterprise Banking, we used our checking account methodology for checking and cash market accounts, and our certificates of deposit methodology for CDs. We fee every account on a scale from 0 to five.
We consider ethics, cell apps, and customer support for each kind of account. Different elements we take into account rely on which sort of account we’re reviewing. For instance, we take a look at early withdrawal penalties for CDs, and whether or not you will have easy accessibility to cash via a debit card or checks for cash market accounts.
For enterprise checking accounts, we take into account lots of the identical elements we might for a private checking account, similar to minimal opening deposits and month-to-month charges. However we additionally take a look at issues which can be particular to enterprise accounts, similar to month-to-month transaction limits.
