Intuit's business banking application offers a convenient and cost-effective solution for small businesses. With no monthly fees or minimum balance requirements, businesses can save money while managing their finances. One of the key features of this application is the ability to earn a high annual percentage yield (APY) of 5.00% on money saved in envelopes. This allows businesses to grow their savings while keeping their funds easily accessible. In addition to traditional banking services, the application also offers a QuickBooks Visa® Debit Card, providing businesses with a convenient and secure way to make purchases and manage their expenses. The application is FDIC insured up to $5 million, providing peace of mind for businesses and their finances. The application also offers a variety of features to help businesses manage their cash flow and get paid faster. Customers have the flexibility to pay using various methods such as credit, debit, ACH, Venmo, PayPal, or Apple Pay®. Same-day deposits are also available at no extra cost, allowing businesses to access their funds quickly and efficiently. Another time-saving feature of the application is the ability to send instantly payable invoices, add sales tax automatically, and set up recurring billing for repeat customers. Businesses can also request payments with a link, making it easier for customers to pay their invoices. The application also provides a financial snapshot, giving businesses a clear overview of their finances. It's important to note that Intuit is a technology company, not a bank. However, banking services are provided by Green Dot Bank, Member FDIC. The application also offers disclaimers and terms and conditions for users to review before opening an account. Overall, Intuit's business banking application offers a comprehensive and user-friendly solution for small businesses. With its various features and services, businesses can save time and money while managing their finances effectively.