Preferred Business Checking

A feature-rich account ideal for established and growing businesses with moderate transaction activity and balances or banking relationships that can offset the service charge.

Account includes:

  • No monthly service charge for the first 30 days1
  • First order of 50 checks free or 25% off of your choice of business check packages
  • A Personal Access Checking account for one owner with no monthly service charge
  • Elevated call priority — priority access to our call center with little or no wait times
  • Ability to add overdraft protection through a Business Line of Credit or savings account2
  • Visa® Debit Card with chip technology and higher limits
  • Up to 750 monthly transactions3
  • Up to $40,000 in monthly cash deposits4
  • Online statements with email notifications, or you can request mailed statements

Ready to get started with your Preferred Business Checking account?

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Preferred Business Checking lets you take more control of your cash flow with convenient banking channels, enhanced security, elevated call priority and a personal account with no monthly service charge.

Pair with Merchant Services7 for next-day cash funding to help keep your business running smoothly, no matter what the day throws your way.

When your Preferred Business Checking is linked to a Preferred Money Market,8, 9, 10 the accounts work together and you earn premium and competitive rates and avoid monthly fees.

Affordable

  • After the first month, save the $15 monthly service charge when you:
  • Keep a $5,000 minimum daily balance, or
  • Maintain a combined balance of $25,000 or more in loans and deposits, excluding your personal accounts5, or
  • $2,000 in monthly business credit card purchases, or
  • Have an active Merchant Services account with us.

Risk Protected

  • Grant varying levels of access to key users – even your CPA – and closely monitor account activity
  • For additional security, ATM access can be removed from employee cards
  • Send direct deposit to employees securely, on time and directly into their accounts6

Convenient

  • Register your Visa® Debit Card for Apple
    PayTM, Google PayTM or Samsung PayTM . Mobile wallets are the secure and easy way to make purchases
  • Interface with software like Quicken® and QuickBooks®

Every account comes with:

Not sure if this account is right for your business?

Our side-by-side comparison will help you sort through the details.

 

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1 There is a $50 minimum deposit to open account. A $20 fee applies if account is closed within 360 days of opening account.

2 There is a $10 transfer fee for this service. Federal banking regulations restrict the number of withdrawals and transfers that can be made on savings and money market accounts.

3 After 750 monthly items, a fee of $.50 for each item over 750 applies.

4 If account exceeds $40,000 in cash deposits in a month, a charge of $.15 per $100 in cash deposits will apply.

5 Combined balance includes combination of business account deposits, loans and lines of credit balances, and excludes consumer accounts. Excludes Certificates of Deposit.

6 Direct deposit services subject to application and credit approval, and accessed through Business Online Banking. Direct deposit service is $9.95/month for up to 25 ACH transactions and $1 for each transaction over 25.

7Additional fees apply for this service.

8 To be eligible to open a Preferred Money Market account, you must have a Hancock Whitney Preferred Business Checking, Essential Business Checking or Business Interest Checking. A minimum deposit of $100 is required to open the account. A minimum daily balance of $25,000 is required to earn interest on the account. The monthly service charge of $25 will be waived with a $25,000 minimum daily balance. Fees may reduce earnings on the account. Refer to the Business Services Information Disclosure Schedule of Fees provided at account opening for full details and rates.

9 Federal regulations limit savings and money market accounts to six pre-authorized or electronic payments, withdrawals, or outgoing transfers per month. This includes account transfers or payments initiated by telephone, mobile banking and online banking, as well as automatic debits and transfers (such as automatic bill payments and overdraft protection services). See the Business Services Information Disclosure Schedule of Fees for more information.

10 Deposit up to 100 items to your account each month. After 100 items, there is a fee of $0.50 per item deposited. Items include deposited checks and deposit tickets.

Apple is a trademark of Apple Inc., registered in the U.S. and other countries. Apple Pay is a trademark of Apple, Inc. Google Pay and Chrome are trademarks of Google, Inc. Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd.

QuickBooks and Quicken are registered trademarks of Intuit, Inc.