Side Hustle Business Checking Account | Members Choice CU

Business Checking Built for Your Side Hustle

Side Hustle BankingTM from Members Choice Credit Union.

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Skip the monthly fees

Keep more money in your pocket by eliminating unnecessary fees. There's no need to maintain a minimum balance to avoid fees—just straightforward, stress-free banking.

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Get paid early with Early Pay

You’ll love getting paid early when you direct deposit your incoming funds into your account. Early Pay is a free feature—there are no fees to use this benefit.

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Save with a Duo Discount perk

Enjoy a 0.50% discount on your Personal Loan and Personal Auto Loan rate when you have BOTH a Free Business Checking and a personal Complete Checking account with us.2

Explore Side Hustle Banking™

Why Open a Separate Bank Account for Your Side Hustle?  

Turn your side hustle into a business with banking designed to keep up.  Side Hustle Banking from Members Choice Credit Union gives freelancers, independent contractors, gig workers, and small business owners a dedicated business checking solution with no monthly mainteneance fee and no minimum balance requirement.  

Separate your business and personal transactions, manange your money digitally and access tools that make everyday financial management easier.  


Side Hustle Business Checking Benefits

  • Dual Account Management: Seamlessly manage your salaried and business incomes with dedicated accounts, ensuring clear financial separation and easier tax management.
  • Flexible Money Management Options: Understand the ebb and flow of side business incomes. Access funds when you need them the most, with either Small Business Checking or High-Yield Business Checking options and your Business Debit Mastercard®.
  • “Duo Discount” Loan Rate Discounts for Side Hustlers: Benefit your pocketbook with exclusive loan discounts for your personal needs. Get .50% in loan rate discounts for a Personal Auto Loan or Personal Unsecured Loan when you have both your personal and business accounts with us.2
  • Early Pay: You’ll love getting paid early when you direct deposit your incoming funds into your account. Early Pay is a free feature—there are no fees to use this benefit.


Plus these benefits

  • Instant Internal Transfers: Move money between your Members Choice personal and “side hustle” accounts in real-time, ensuring liquidity for both personal and business needs.
  • Connect with QuickBooks: Connect with popular business software such as QuickBooks to categorize and track business expenses, making tax season a breeze.
  • Mobile Banking: Manage your finances on-the-go with our intuitive mobile app, designed to help you seamlessly manage both your personal and business accounts in one place.

Have questions for one of our representatives?

Fill out the short form below to hear back within the next business day.

 

Are you ready to get rewarded?

Open an account with one of these easy options

Start Your Application Online

Apply at a Branch

Or, Apply by Phone: Call Us at 281.274.1470

FAQs about Side Hustle Banking

A separate account is generally useful for keeping business income and expenses apart from personal transactions. It can simplify bookkeeping, reporting and cash-flow management. Members should consult a qualified tax or legal professional regarding their individual situation.
Eligible freelancers and independent contractors may apply for a Members Choice business checking account. Required documentation can depend on the business structure and account ownership.

Contact us and speak to a representative about your business and documentation needed.  

Yes, you can connect with popular business software such as QuickBooks to categorize and track business expenses, making tax season a breeze.
You may access your account 24/7 via Online Banking, Mobile Banking and the Audio Response system. You may also speak to a live representative by calling 281.398.9900. Please be advised that when calling outside of regular business hours, live representatives have limited account access.



You can retrieve a free copy of your account eStatement through Online Banking. If you are not set up for eStatements,
  1. Login to online banking
  2. Select eDocs from the Accounts menu
  3. Select the Delivery Preference you would like to change – either all accounts or just select accounts
  4. Select save
  5. Review and accept to the site terms
If you have questions, please contact Member Services at 281.398.9900 or toll free 800.753.2428, or stop by one of our branches.




 

Disclosures

If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships are subject to approval. 
 

1 Early Pay: Early pay is not dependent upon the account qualifications noted above. At our sole discretion, we may make your money available to you up to two days before we receive the funds from the payor. Early availability of direct deposits is dependent on the timing of your payor’s payment instructions and/or fraud prevention overlays. These limitations may be modified at our sole discretion without advance notice. We do not guarantee early availability of any direct deposits, and eligibility of a direct deposit for early availability may change between pay periods. Any direct deposit not posted early will be made available according to our Funds Availability schedule. We reserve the right to discontinue the service at our sole discretion and without notice.

 

2 To qualify for the Duo Discount on your personal account, you need to meet these requirements: 

  • Must maintain an average monthly balance of $2,500 in the business checking account for the previous 90 days to qualify.
  • Only members with both the stated business checking account and personal Complete Checking account in good standing qualify.
  • Discounts are for an Unsecured Personal Loan or Personal Auto Loan and can not be combined with any other discounts or offers.
  • If a member qualifies for both, the discount can apply to both loans.
  • The only limit is one unsecured loan discount and one auto loan discount per member.
  • Not offered for business lending.