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What is Nav Business Checking and how does it work?

Updated over 2 weeks ago

Nav Business Checking brings together banking, payments, and insights into your finances to help you set your business up for success.

Nav Business Checking includes:

  • Online business checking account with routing and account numbers

  • Unlimited transactions with no monthly fees and no minimum balance or spend

  • Virtual and physical Visa® business debit cards

  • No-fee withdrawals and deposits at 55,000+ in-network ATMs

  • Built-in contact management

  • Personalized financial snapshot

Nav Technologies, Inc. is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [[email protected]] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

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