When To Switch From Personal To Small Business Bank Account
A small business bank account provides benefits that go above and beyond the demands of your everyday operations. Whether you have a simple freelancing business
At Viably, we believe ecommerce business owners deserve a better business digital banking experience.
Traditional Banks
Transform Your Ecommerce Business with the Right Banking & Funding Partner
Save time and streamline payouts from ecommerce marketplaces.
Get cash back when you use your Viably debit cards on eligible purchases.
Easily categorize and separate business expenses to uncover trends.
Free to open with no monthly minimums, maintenance fees, or transfer fees.
Never overspend again by setting limits on your virtual debit cards for full control.
Funding deposited into the same tool where you bank, track store performance, and build growth plans.
*The funds in your account are FDIC Insured up to $250,000. Deposits are held at Piermont Bank, Member FDIC.
Upon opening an account with Viably, you will automatically be issued one digital debit card. This allows you to start making transactions for your business online and take advantage of digital banking services almost instantly.
Viably account owners can also issue debit cards to other employees directly from their online business bank account.
You can use your Viably debit card anywhere that accepts digital payments with Mastercard. This includes most online stores and brick-and-mortar retail locations.
When you use your Viably debit cards for any purchase, including online store transactions, you’ll automatically receive up to 2% cash back.
Viably believes that digital banking should be a fee-free experience for small business owners, from your business bank account to your business debit card. As a result, there are no transaction fees* associated with purchases on your Viably debit card.
Viably also offers fee-free cash withdrawals from your business bank account at AllPoints ATMs. If you choose to make a withdrawal from another ATM, fees may apply.
*In order to keep your digital banking experience fee-free, Viably does not offer overdraft protection on payments to our customers.
You can use your Viably business debit card anywhere MasterCard is accepted, including at many international locations.
All of your Viably business debit card transactions are accessible within our online banking platform. Customers can even opt to receive an automated notification from their business bank account when purchases are made using your card.
Viably’s business online banking offers a wide variety of tools for your small business, including expense management. Using the automation tab you can set parameters about when receipts are required for your small business expenses, including over a certain threshold. Any time you make a payment with your Viably debit card that meets these parameters, our online banking platform will send you a notification requesting a receipt be attached.
Real-time transaction monitoring captures your payments and transactions instantly when you make a purchase using your business bank account or Viably debit card. This allows you to manage your expenses, set limits on spending, and track cash flow up to the minute– meaning that you can reflect on your real-time financial health immediately.
Along with this, Viably offers a suite of other tools to monitor your cash flow and transactions, including an automated weekly round up. Every Friday Viably will send a reminder of any expenses that haven’t been accounted for or are missing a receipt so that you can better manage your finances within the online banking system.
Viably currently does not allow your business to transfer funds internationally, but is working to release that feature soon.
We know that sharing so much information about your business online is scary. That’s why your bank accounts are connected via Plaid and their data encryption services. All of our customer data (including yours!) is kept in unreadable form so that only those who are supposed to have access can read it.
If you’re experiencing any issues with your Viably business account, or any of our online banking services, you can contact customer support via email or call:
Email: [email protected]
Toll Free: 1.888.832.9885
Local (US): 1.919.980.9986
Viably offers a fully integrated, comprehensive suite of tools for ecommerce sellers including business online banking, tailor-made funding for your business, and financial forecasting tools to visualize your cash flow.
Boost your ecommerce business, with Viably’s resources and support
A small business bank account provides benefits that go above and beyond the demands of your everyday operations. Whether you have a simple freelancing business
Small business owners need to keep track of their expenses. Not only does this help you stay organized and aware of your spending, but it
Small business banking shouldn’t come with fees for anything and everything. Here’s a list of fees to check for (and avoid).
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Bank accounts, QuickBooks, and anywhere else your data lives, you can connect in minutes.
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You can choose the offer that meets your needs, and grow your business with our free cash flow insights and projections.
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Viably Capital Inc. (“VCI”) is a financial technology company, not a bank. Some Viably Banking® services are provided by Piermont Bank, Member FDIC.* Viably Payments® services for U.S. customers are provided through Airwallex US, LLC (NMLS #1928093). Airwallex is licensed or authorized to do business as a money transmitter in most states. For some U.S. customers, Airwallex partners with Evolve Bank & Trust (member FDIC) to provide payments services. The Viably Mastercard® debit card is issued by Piermont Bank pursuant to a license by Mastercard International Incorporated and may be used anywhere Mastercard debit cards are accepted. The Viably Visa® debit card is issued by CFSB and may be used anywhere Visa debit cards are accepted. Applications for Viably Banking® and Viably Payments® services are subject to approval. Terms and Conditions for Viably Banking® and Viably Payments® services apply and are subject to change. No application or monthly fee. Some fees and limits may apply.
Viably Cash Advance and Viably Growth Capital products are offered solely through VCI and are not part of the Viably Banking® or Viably Payments® Services provided by Piermont Bank and Airwallex, respectively.
* The funds in your account held at Piermont Bank are FDIC insured up to $250,000 per depositor for each ownership category.
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