Square Checking

Instantly access, spend, and manage your sales.

checking-2023-q4 - PD06198 Hero US-EN

Open my account

Deposits are FDIC-insured up to $250,000.*

With Square Checking, our simplified, automated, and connected cash flow management tools free you up to focus on what you do best.

Instant access to your Square sales
Free of the usual fees
Integrates with other Square tools
Sign up in 2 minutes

Cover business expenses, access funds, and move money whenever you need to.

Ways to pay
Square Debit Card

With Square Debit Card, your Square sales are automatically ready to spend — digitally or in person.

Learn more
Digital wallet

Add your Square Debit Card to Apple Pay® or Google Pay™ and use your digital wallet to pay online, in app, or in person right away.

Learn more
Pay bills

Pay bills with your debit card, via account and routing numbers, bank transfer, or send payments for expenses with Square Bill Pay.

Learn more
Instant Transfers

Transfer funds instantly to an external bank account for a 1.75% fee — even on weekends and holidays.¹

Learn more
Printable checks

Print a digital check or email a PDF version to cover bills and pay vendors.

Learn more

As soon as you make a sale, the money hits your account — you also get accelerated access to earnings made outside of Square.²

Ways to add funds
Instantly access Square sales

Instantly access the sales you make with a Square Checking account — no waiting.

Early deposit access

Earn money outside of Square? Automatically receive deposited funds up to 2 days faster.²

Learn more
Instantly deposit a Square loan

Once approved for a Square loan, access it in your Square Checking account instantly.

Mobile check deposit

Easily deposit checks from your phone using the Square POS app — from anywhere, anytime.

Learn more
ACH deposits

Add money to your account for free with a debit card or ACH transfer.

Learn more

Get access to reports that break down sales and visibility into spending from your Square dashboard and POS.

Make the best decisions for your business
Cash flow activity

View sales and spending all in one place with simplified in-app and dashboard banking reporting and activity.

Security features

Help safeguard your funds with high-risk spend alerts, SMS alerts, 2-step verification, and card lock.

Learn more
FDIC insurance

Your deposits are FDIC-insured up to $250,000.*

Transfer between accounts

Easily transfer funds instantly across multiple Square Checking and Square Savings³ accounts for better budgeting and control over cash flow.

  • Square Debit Card

    With Square Debit Card, your Square sales are automatically ready to spend — digitally or in person.

    Learn more

    checking-2023-q4 money-out Square Debit Card image

  • Digital wallet

    Add your Square Debit Card to Apple Pay® or Google Pay™ and use your digital wallet to pay online, in app, or in person right away.

    Learn more

    checking-2023-q4 - money-out - digital wallet image

  • Pay bills

    Pay bills with your debit card, via account and routing numbers, bank transfer, or send payments for expenses with Square Bill Pay.

    Learn more

    checking-2023-q4 - money-out - Pay Bills image

  • Instant Transfers

    Transfer funds instantly to an external bank account for a 1.75% fee¹ — even on weekends and holidays.

    Learn more

    PD06198 Features MoneyOut 4InstantTransfers US-EN

  • Printable checks

    Print a digital check or email a PDF version to cover bills and pay vendors.

    Learn more

    checking-2023-q4 - MoneyOut PrintableChecks image

Cash flow at your fingertips

Make purchases for your business and cover expenses with Square Debit Card. Your Square sales are automatically (and immediately) ready to spend with your card — digitally or in person.

Square Debit Card is issued by Sutton Bank, Member FDIC pursuant to a license from Mastercard International Incorporated, and may be used wherever Mastercard is accepted.

Your sales and banking. Working in harmony.

When you process payments and bank with Square, cash flow management is simplified and seamless.

Hear from business owners like you

FAQ

  • How do I sign up for a Square Checking account?

    Signing up for Square Checking and Debit Card is easy and takes less than two minutes! First, you need to sign up to sell with Square. Then, opening your checking account is only a few more steps.

    1. Go to the Balance applet in your Square Point of Sale app or Dashboard and select Square Checking
    2. Select Open account
    3. Verify your information
    4. Personalize your business debit card
    5. Confirm the shipping address for your business debit card

    We recommend that you add your debit card to Apple Pay® or Google Pay™ as soon as you open your checking account, so you can start using your money while you wait for your physical card to arrive. Add your debit card to Apple Pay or Google Pay

  • Does Square Checking have any fees?

    No, we do not charge any recurring fees for Square Checking — no minimum balance fees, no services fees, no monthly maintenance fees, no overdraft fees. Square does not charge ATM fees, but third-party ATM operator fees may apply.

  • Does Square Checking have any minimum balance requirements?

    No, we do not have any account minimum balance requirements. There are no account opening minimum balances and no ongoing monthly balance requirements.

  • How long does it take for my account to be opened?

    As soon as you finish opening your account, you can start using it right away on your Square Point of Sale app or Dashboard.

  • Is Square a bank?

    Square, Inc. is a financial services company, not a bank. Square Checking is provided by Sutton Bank, Member FDIC.

Get the checking account made for Square business owners

Sign up for Square Checking in just 2 minutes.
Skip the daunting paperwork.