Your payments, banking, and cash flow — all working seamlessly together as one. It’s all right here on Square.

Block, Inc. is a financial services company, not a bank. Banking services are provided by Square’s banking affiliate, Square Financial Services, Inc. or Sutton Bank; Members FDIC.

Sell, save, spend, and borrow as fast as you need to

When you take payments and bank through Square, everything is connected. Watch your sales flow directly into Square Banking, so accessing and moving your money is fast, easy — and can even be automated.

$0 overdraft fees

$0 opening deposit

$0 minimum balance

$0 monthly account fees

Make a sale, instantly access the funds in your Square Checking account
Small business owner takes a sale using Square iPad Point of Sale
Spend it instantly with your Square Debit Card
Harlem biscuit company pays for goods with their Square Debit Card
Automatically set aside a percentage of daily sales into a high-yield Square Savings folder
Harlem biscuit company employee hands bag of biscuits to patron
Become eligible for a Square Loan and automatically repay it through your Square sales
Customer inserts chip card into Square reader for contactless and chip


Learn more
Square Business Debit Card front and back

Spend and access money instantly from your Square sales with your Square Checking and Debit Card.

No monthly fees or long applications.

Send money in and out of your account using your account and routing numbers.

Learn more


Learn more

Automatically set aside a portion of every Square sale. Use folders to organize money for taxes, rainy days, and more.

Earn 1.75%1APY*

No monthly fees and no minimum to open an account.

Free, instant transfers to and from Square Checking.

Learn more


Learn more

Become eligible for a loan between $300–$250K automatically by processing payments on Square.

Automatically pay off loans with a percentage of Square sales.

Get your funds as quickly as the next business day, or instantly in your Square Checking balance.

No ongoing interest—just one flat fee.

Loans are subject to eligibility and approval.

Learn more
Good news: Square Checking is FDIC-insured up to $250K and Square Savings is FDIC-insured up to $2.5M

Small business owners look to Square to expand and improve on the long-standing and often-unfair conventions surrounding financial services—like unnecessary, outdated fees and applications. We can do it better.

Our sellers are trailblazers. And they deserve business banking that can keep up.

Square Banking.
Serving the self-made.


of Square Loans customers identify as people of color

Industry average is 27%
2021 internal Square analysis

1 in 4

business owners were rejected by big banks or deterred by the application process

2020 Square Card Survey results


of Square Loans customers are women-owned businesses

Industry average is 17%
SBA 7(a) Lending Statistics for Major Programs as of 2019
2021 internal Square analysis


found typical business accounts to be too expensive

2020 Square Card Survey results

Square Banking by the numbers


monthly fee


overdraft fee


opening deposit


minimum balance


monthly fee


overdraft fee




minimum balance required to open an account

Frequently asked questions

Check out details on our product pages below.

Didn’t find what you were looking for? Visit our Support Center or learn more about Square Banking

Learn more about your privacy and security