Banking Solutions

High-Yield Business Checking

Introducing our high-yield, 3.0% APY†† business checking* account, powered by FNBO. We’re reimagining business banking to give you everything you need to manage, optimize, and protect your cash and working capital.

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*Centime is a financial technology company, not a bank.

*Centime deposit accounts and banking solutions are provided by FNBO. Member FDIC.  

Banking Solutions
3.0% APY++
Centime
.08%% APY§
National Average§
High-Yield Checking
3.0% APY++
Enhanced FDIC Coverage
Cross-Bank Transfers

Earn more than 10x the national average§ with our high-yield business checking account

Put your cash to work with Centime Checking Plus*, now offering a powerful 3.0% APY††. Enjoy unlimited transactions and the freedom from restrictions typical of other high-yield accounts. Earn interest on the cash you're collecting faster with Centime AR or payments in transit with Centime AP.

§ National Rate referenced is from the FDIC’s published monthly National Rates and Rate Caps information for Checking deposit products, as of August 19, 2024. Visit the FDIC website for more details.

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How much can you earn with a high-yield business checking account with 3.0% APY++?
10,625
$250,000
$500,000
$1,000,000
$3,000,000
$5,000,000
Account Balance

Calculator is for illustration only, rounded to the nearest dollar, and assumes that you earn 3.0% APY++ and maintain your account balance selected above for an entire year. APY is subject to change at any time without notice.

Protect your deposits with multi-million dollar FDIC coverage

3 out of 4 CFOs say they want to diversify their deposits to mitigate the risk of bank failure and protect their deposits beyond the $250,000 FDIC coverage limits. But manually diversifying across multiple banks can be inconvenient and unwieldy.

Centime Checking Plus* automatically diversifies your deposits over $250,000 to provide multi-million dollar FDIC coverage. Protect your funds without the inconvenience of opening and managing new accounts and banking relationships.

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Go Beyond the $250,000 FDIC Coverage Limits

Centime Checking Plus* automatically diversifies your deposit base across a network of several thousand FDIC-insured banks** for maximum coverage.

Get Better Line-of-Sight Across All Your Accounts

View aggregated and individual balances and transactions across all your banking relationships from a single dashboard, and transfer funds with ease.

Modern banking powered by a financial institution trusted for over 165 years

Centime Banking is the first and only solution that brings together everything you need to get better line of sight across all your cash accounts, combined with a high yield, enhanced FDIC coverage, fraud protection, and more.

We’ve partnered with FNBO, Member FDIC, to combine a modern online banking experience that’s easy and convenient to administer, backed by the stability of a trusted financial institution. As one of the largest privately held banks in the country, FNBO has been innovating, empowering customers, and helping them protect and grow their businesses for more than 165 years.

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Maximize Your Earnings with High-Yield Returns

Let your money work as hard as you do. Centime Checking Plus* offers high-yield interest rates so you can maximize your business potential.

Easily Transfer Across Banks and Accounts

Freely transfer cash between accounts and across any banks. Avoid costly wire fees and tedious bank-specific procedures.

Take control of your accounts with a single integrated multi-banking dashboard

Centime Banking brings all your bank accounts into a single dashboard for complete line-of-sight across all your cash. Take total financial control with an aggregated view of all your accounts and FI relationships.

With cross-bank account transfers, you can freely transfer cash between accounts and across any banks. Avoid costly wire fees and tedious bank-specific procedures.

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Accounts Receivable FAQs

What is a high-yield business checking account?
What is an insured cash sweep (ICS) account?
Why is it important to diversify deposits?
What does Centime’s Checking Plus* offer?
Is my account FDIC-insured?

What is a high-yield business checking account?

A high-yield business checking account is a type of account that offers you the benefits of a traditional checking account while also earning interest on your balance. Unlike most business checking accounts, which typically do not pay interest, our high-yield option allows your money to grow while remaining easily accessible for your day-to-day business needs. It combines the flexibility of a checking account with the financial advantage of earning interest, without the restrictions you might find in a savings account.

What is an insured cash sweep (ICS) account?

An insured cash sweep (ICS) account is a service that distributes your funds across a network of FDIC-insured banks, ensuring that your entire balance is protected by FDIC insurance, even if it exceeds the standard $250,000 limit. This allows you to secure your deposits while maintaining easy access to your funds.

Why is it important to diversify deposits?

Diversifying deposits is crucial for businesses to spread risk across multiple banks, ensuring enhanced financial security. By having funds in different FDIC-insured accounts, businesses can mitigate the impact of unforeseen circumstances and maintain liquidity for their operations.

What does Centime’s Checking Plus* offer?

Centime Checking Plus* allows SMBs to enjoy high yield interest rates. With Centime Checking Plus*, SMBs can optimize their cash management and earn more on their checking balances with ease.

Is my account FDIC-insured?

Yes! With Centime Checking Plus*, you get enhanced deposit protection beyond the standard $250,000 FDIC limit. We diversify your deposits across a network of FDIC-insured banks, adding a layer of security to safeguard your business funds and provide peace of mind for your team.
What is a high-yield business checking account?
What is an insured cash sweep (ICS) account?
Why is it important to diversify deposits?
What does Centime’s Checking Plus* offer?
Why is it important to diversify deposits?

What is a high-yield business checking account?

A high-yield business checking account is a type of account that offers you the benefits of a traditional checking account while also earning interest on your balance. Unlike most business checking accounts, which typically do not pay interest, our high-yield option allows your money to grow while remaining easily accessible for your day-to-day business needs. It combines the flexibility of a checking account with the financial advantage of earning interest, without the restrictions you might find in a savings account.

What is an insured cash sweep (ICS) account?

An insured cash sweep (ICS) account is a service that distributes your funds across a network of FDIC-insured banks, ensuring that your entire balance is protected by FDIC insurance, even if it exceeds the standard $250,000 limit. This allows you to secure your deposits while maintaining easy access to your funds.

‍Why is it important to diversify deposits?

Diversifying deposits is crucial for businesses to spread risk across multiple banks, ensuring enhanced financial security. By having funds in different FDIC-insured accounts, businesses can mitigate the impact of unforeseen circumstances and maintain liquidity for their operations.

What does Centime’s Checking Plus* offer?

Centime Checking Plus* allows SMBs to enjoy high yield interest rates. With Centime Checking Plus*, SMBs can optimize their cash management and earn more on their checking balances with ease.

Is my account FDIC-insured?

Yes! With Centime Checking Plus*, you get enhanced deposit protection beyond the standard $250,000 FDIC limit. We diversify your deposits across a network of FDIC-insured banks, adding a layer of security to safeguard your business funds and provide peace of mind for your team.
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©2025 Centime
*Centime is a financial technology company, not a bank. 

*All banking products and solutions are provided by FNBO. Member FDIC. FNBO is not responsible for the content of this page.
†Subject to credit approval and minimum spend requirements on Centime Credit Card.
‡Earning interest on AP spend requires using a Centime business bank account. APY is offered through FNBO, Member FDIC, and is subject to change.
CENTIME, and other trademarks, service marks, and designs are the registered or unregistered trademarks of Centime, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.
**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.

††3.0% Annual Percentage Yield (APY) as of 01/07/25. Deposit rate may adjust to current market rate and may change daily. Fees may reduce earnings.