Best Business Debit Cards for Entrepreneurs & Freelancers

Running a business is hard work, whether you’re a freelancer handling multiple clients or an entrepreneur managing a growing company. One of the most important financial tools you need is a solid business debit card. Unlike credit cards, debit cards keep you from overspending since they only allow you to use the money you actually have. They also help you separate personal and business finances, which makes bookkeeping and tax season way easier.

But with so many options out there, which business debit card is best for you? We’ve done the research and put together a list of the best business debit cards for entrepreneurs and freelancers. Each one has its own perks, so let’s dive in!

1. Bluevine Business Debit Card

Why It’s Great for Entrepreneurs & Freelancers

• No monthly fees
• Earns interest on balances
• Free ATM access via MoneyPass network

The Bluevine Business Debit Card is a solid choice if you want a fee-free account with the ability to earn interest. Unlike most business checking accounts, Bluevine actually gives you interest on your balance—currently up to 2.00% on balances up to $250,000 (as of this writing). That’s a big deal if you keep a significant amount of money in your account.

Another plus is that there are no monthly fees or overdraft charges. If you’re a freelancer or small business owner looking to keep costs low, this card is a great pick.

Potential Downsides

• No physical branches (entirely online)
• Cash deposits come with a fee

If you deal with a lot of cash, this may not be the best option since depositing cash costs $4.95 per deposit at Green Dot locations.

2. Novo Business Debit Card

Why It’s Great for Entrepreneurs & Freelancers

• No monthly fees
• Refunds all ATM fees
• Integrates with accounting tools like QuickBooks & Xero

Novo is another fee-free option that’s perfect for digital entrepreneurs and freelancers. It refunds all ATM fees, which is amazing if you travel often or need to withdraw cash from various ATMs. Plus, it integrates well with popular business tools like QuickBooks, Xero, Shopify, and Stripe, making it a smart choice if you need seamless financial tracking.

Potential Downsides

• No cash deposits
• No physical branch locations

Novo is best for businesses that operate digitally. If you need to deposit cash, you’ll have to use a different bank or workaround, which can be inconvenient.

3. Chase Business Debit Card (Chase Business Complete Banking)

Why It’s Great for Entrepreneurs & Freelancers

• Physical branch locations nationwide
• Access to business credit & lending products
• $300 sign-up bonus (when meeting account requirements)

If you prefer a traditional bank, Chase’s Business Debit Card is a strong choice. You get access to their nationwide network of branches and ATMs, plus the opportunity to apply for business credit cards and loans. They also offer a $300 sign-up bonus if you meet their deposit and transaction requirements.

Potential Downsides

• $15 monthly fee (waived with $2,000 balance or qualifying transactions)
• Limited free transactions (20 per month, then fees apply)

For entrepreneurs who do a lot of transactions, Chase’s limits may be frustrating. However, if you keep at least $2,000 in your account or meet transaction requirements, you can avoid fees.

4. Lili Business Debit Card

Why It’s Great for Entrepreneurs & Freelancers

• Automatic tax savings tool
• No monthly fees
• Free ATM withdrawals at 38,000+ locations

Lili is an excellent option for freelancers and solo entrepreneurs. One of its best features is the automatic tax savings tool, which sets aside a portion of your income for taxes. This can be a lifesaver during tax season! Lili also offers a fee-free account with free ATM withdrawals at a large network of ATMs.

Potential Downsides

• No check deposits unless you upgrade to Lili Pro
• Limited integrations with business software

Lili is best for freelancers who primarily get paid via direct deposit or digital payments. If you deal with checks often, you may need to upgrade to the paid version, Lili Pro.

5. Brex Business Debit Card

Why It’s Great for Entrepreneurs & Freelancers

• No personal credit check required
• Earns rewards on purchases
• Integrates with accounting software

Brex is a unique option designed for startups and businesses looking to scale. It offers rewards on purchases—something rare for a debit card. You also don’t need a personal credit check, which makes it great for entrepreneurs who want to separate business finances without affecting their personal credit score.

Potential Downsides

• Only available to businesses (not solo freelancers)
• Must maintain a balance of $50,000+ for best perks

If you’re a freelancer, this one may not work for you unless you’ve incorporated your business. However, for funded startups and growing businesses, Brex is an attractive choice.

6. Axos Business Debit Card (Axos Basic Business Checking)

Why It’s Great for Entrepreneurs & Freelancers

• No monthly fees
• Unlimited domestic ATM fee reimbursements
• No minimum balance requirement

Axos offers a solid online banking option with no monthly fees and unlimited ATM fee reimbursements. You don’t need to keep a minimum balance, making it a flexible choice for freelancers and small business owners who experience income fluctuations.

Potential Downsides

• No physical branches
• Cash deposits require using a third-party location

Like many online banks, Axos isn’t ideal for businesses that handle a lot of cash. However, for digital entrepreneurs and freelancers, it’s a great low-cost option.

How to Choose the Right Business Debit Card for You

There’s no one-size-fits-all answer when it comes to business debit cards. The best option depends on your specific needs. Here are a few things to consider when picking the right card:

1. Fees & Costs

Look for a card with minimal fees. Many online business debit cards have no monthly fees, while traditional banks may charge fees unless you meet certain requirements.

2. ATM Access

If you withdraw cash often, choose a card that has a large ATM network or refunds ATM fees.

3. Business Tools & Integrations

If you use accounting software like QuickBooks or need payment processing, check if the debit card integrates with your existing tools.

4. Rewards & Perks

Most business debit cards don’t offer rewards, but some (like Brex) do. If you want to earn points or cashback, look for a card with these benefits.

5. Cash Deposits

If you handle a lot of cash, a traditional bank like Chase may be better than an online-only option like Novo or Axos.

Final Thoughts

Picking the right business debit card can make managing your finances easier and even save you money. Whether you’re a freelancer looking for a simple, fee-free option or an entrepreneur needing more advanced features, there’s a card out there for you.

Do your research, consider your needs, and choose the one that fits your business best. A good business debit card isn’t just a tool—it’s a step toward smarter money management and business growth. Happy banking!