Business banking for trades and contractors
Contractors need to set money aside for materials, payroll and taxes before it gets spent. Relay is free and gives you up to 20 accounts for envelope budgeting, plus cash deposits via ATM. It has no lending products, so if you want a credit line for slow months, Bluevine offers one.
Top picks for trades and contractors
All 12 banking tools, ranked for trades and contractors
| Tool | Fit for trades or contractor | Starts at | Pricing | Users | Integrations | |
|---|---|---|---|---|---|---|
 RelayRelay FinancialFit 85 | 85 | $0 | Free | Unlimited | QuickBooks Online, Xero | View |
 BluevineBluevineFit 80 | 80 | $0 | Free | Unlimited | QuickBooks Online, Xero | View |
 Chase Business Complete BankingJPMorgan ChaseFit 78 | 78 | $15 | Paid | Unlimited | Xero | View |
 Bank of America Business AdvantageBank of AmericaFit 75 | 75 | $16 | Paid | Unlimited | QuickBooks Online, Xero | View |
 LiliLiliFit 72 | 72 | $0 | Free tier | 1 owner | QuickBooks Online, Xero50+ listed | View |
 NovoNovoFit 70 | 70 | $0 | Free | Account owner plus cards | QuickBooks Online, Xero +1 | View |
 FoundFoundFit 70 | 70 | $0 | Free tier | 1 owner; team cards | Xero | View |
 Grasshopper BankGrasshopper Bank, N.A.Fit 60 | 60 | $0 | Free | Multiple, with approval rules | QuickBooks Online | View |
 MercuryMercuryFit 55 | 55 | $0 | Free | Unlimited | QuickBooks Online, Xero +2 | View |
 RhoRhoFit 50 | 50 | $0 | Free | Unlimited | QuickBooks Online, Xero +1 | View |
 EveryEveryFit 35 | 35 | $0 | Free tier | Unlimited | QuickBooks Online | View |
 Wise BusinessWiseFit 20 | 20 | $31 one-time setup | Paid | Multiple | QuickBooks Online, Xero +2 | View |
Banking for trades and contractors: questions
Which ones have a free plan?
Of the 7 that fit trades and contractors best, Relay, Bluevine, Lili, Novo and Found have a free plan. Check the limits on each tool page; most cap users, volume or features.
How are these ranked?
Each tool has a fit score from 0 to 100 for trades and contractors, based on what it is built for and who its features serve. We list tools scoring 70 or more as strong fits, then break ties by the monthly price for a team of six. Partner links never change the order. How we calculate prices.