It’s easy to apply for a Nav Business Checking account – it only takes minutes and there’s no application fee or credit check!
Go to www.navchecking.com.
Choose the Sign up button.
Enter the email address and password you wish to use for your Nav Business Checking account and choose the Continue button. (If you already have a Nav.com account, choose Already have an account? Log in and use your same email address and password to log in and apply for your Nav Business Checking account.)
Choose the Start your Application button and follow the instructions to complete your application.
After you submit your application, the screen will let you know whether your application has been approved or if additional documentation is needed.
Once your application is approved, log in to Nav Business Checking at www.navchecking.com to start using your account.
What do I need to apply for a Nav Business Checking Account?
When applying for a Nav Business checking account, you will be asked to provide basic information about you and your business, including:
Mobile phone number that can accept SMS text messages for authentication
For individual and sole proprietors: Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
For LLCs, partnerships or corporations: Employer Identification Number (EIN), plus Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for one officer of the business and each beneficial owner who holds 25% or more ownership interest in the business.
No documents are required for the initial application. In some cases, once your application is submitted, you may be asked to upload specific documents to support your application.
Who can apply for a Nav Business Checking account?
Nav Business Checking is built for all kinds of small businesses. It’s tailored around the needs of LLCs, sole proprietors, freelancers, and independent workers who run their businesses on their own or with a small team.
To be eligible to apply, small business owners must:
Be a U.S. citizen or lawful permanent U.S. resident
Be at least 18 years of age
Have a U.S.-based address
Have a registered business or be a sole proprietor of a business, and
Have a mobile phone number from one of the major U.S. carriers
Depending on your business type, additional information may be required.
Some businesses including those in adult entertainment, cannabis, cryptocurrency, gaming, and online gambling industries are not eligible.
Other restrictions may apply. Full terms and restrictions can be found in the agreements at the time of application.
Can I open a Nav Business Checking account from outside the U.S.?
At this time, you have to be a U.S. citizen or lawful permanent U.S. resident and have a U.S.-based address to be eligible for a Nav Business Checking account.
Which businesses are ineligible for a Nav Business Checking account?
Some businesses including those in the following industries are not eligible for a Nav Business Checking account at this time:
Adult entertainment
Cannabis
Cryptocurrency
Gaming
Online gambling
Full terms and restrictions can be found in the agreements at the time of application.
Why do I have to provide documents for verification?
Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. During the application process, we may ask you to provide personal and business documents to help verify the identity of you, your business and others in your business such as officers or beneficial owners.
How do I upload documents to apply for a Nav Business Checking account?
If you are notified that documents are required for your Nav Business Checking application, log in to Nav Business Checking as soon as possible and choose the Continue to Application button to upload the specific documents. Once we have these documents, we can finish reviewing your application.
If you have trouble uploading your documents, please email Nav Customer Support for assistance.
Do you check my credit report when I apply for a Nav Business Checking account?
No, there is no credit check when you apply for a Nav Business Checking account. We do not pull your credit report at any time during the application process. Applying will not impact your credit score.
What does it cost to apply for a Nav Business Checking account?
Nothing! There are no fees to apply for a Nav Business Checking account.
Better yet, with Nav Business Checking you get unlimited transactions with no monthly fees, no minimum balance or spend, and no fees at 55,000+ in-network Allpoint ATMs in the United States.
What happens after I apply for a Nav Business Checking account?
After you submit your application for a Nav Business Checking account, the screen will let you know the application decision or the status of your application.
Most applicants will get an application decision right away and know whether their application has been approved (or denied).
Some applicants may be notified that their application is undergoing a manual review or to upload specific documents so that we can finish reviewing their application. For those applicants, the application decision may take a little longer.
How do I cancel my Nav Business Checking account application?
We’re sorry to hear that you’re thinking about withdrawing your application for a Nav Business Checking account.
Currently, your application will not automatically expire. If you wish to cancel your application, please email Nav Customer Support to let us know.
If you determine Nav Business Checking is not right for your business at this time, you can compare other business checking accounts for small businesses in the Nav business checking marketplace to find the best option for your business.