Choosing the right banking partner is a big deal for small and medium-sized businesses. Both Holdings and North One are modern, digital-first platforms designed to help SMBs manage money, streamline operations, and avoid the headaches of traditional banking. But which one is the best fit for your business? Let’s break down the key differences, highlight who each platform is best for, and show you how Holdings stacks up against other top business banking competitors.
Quick Comparison Table
Feature | Holdings | North One |
|---|---|---|
Interest/APY | Tiered: up to 3.0% APY for large balances | No interest; cash back on debit purchases |
Monthly Fees | None | None (Standard); Plus plan available |
Wire/ACH Fees | Unlimited free wires and ACH | Free incoming wires; outgoing fees may apply |
Cash Deposits | Supported | Supported at 90,000+ retail locations |
Accounting Integration | Built-in, automated, plus QuickBooks integration | 50+ integrations (QuickBooks, Shopify, etc.) |
Bookkeeping | Optional full-service bookkeeping | Not included |
Budgeting Tools | Automated cash management, profit-first support | “Envelopes” budgeting tool |
ATM Access | Allpoint network, cash deposit options | ATM fee refunds, physical & virtual cards |
Minimum Balance | None | None |
Business Financing | Not offered | Lines of credit and term loans available |
What Makes Holdings Stand Out?
Earn More on Your Money: Tiered APY up to 3.0%—so your cash works harder for you, especially if you keep higher balances.
All-in-One Financial Hub: Banking, accounting, invoicing, bill pay, and even optional bookkeeping—no more juggling disconnected tools.
Zero Fees, No Gotchas: No monthly, transaction, or wire fees. Move your money freely, with no minimums or hidden charges.
Automation for Busy Owners: Automated reporting, reconciliation, and financial management built right in.
Cash-Friendly: Deposit cash at supported locations—ideal for businesses that still handle physical payments.
Where North One Shines
Robust Integrations: Connects with 50+ business tools, including QuickBooks, Shopify, Expensify, and more—great for eCommerce and tech-savvy SMBs.
Flexible Payment Options: Send and receive payments via ACH, wire, paper checks, and instant transfers from Stripe, PayPal, Venmo, and more.
Budgeting with Envelopes: Set aside funds for taxes, payroll, or any business goal with unlimited “Envelopes.”
No Monthly Fees (Standard): No minimum balance required, and unlimited transactions.
Business Financing: Access to lines of credit and term loans for growing businesses.
Who Should Choose Which?
Holdings is best for:
SMBs with larger cash reserves who want to maximize interest earnings
Businesses that want integrated banking, accounting, and bill pay in one place
Owners who value automation and optional full-service bookkeeping
Companies that need to deposit cash and want unlimited free wires and ACH
North One is best for:
Businesses that want robust integrations with eCommerce, accounting, and productivity tools
Owners who need flexible payment options and budgeting features
SMBs looking for access to business financing and perks
Teams that want both physical and virtual debit cards with cash back
What About Fees and Limits?
Holdings: No monthly fees, no transaction fees, no wire/ACH fees, unlimited free money movement, and no minimum balance requirements.
North One: No monthly fees for the Standard plan; Plus plan offers additional perks. Free incoming wires and ATM fee refunds. Outgoing wire and same-day ACH fees may apply.
Compare Holdings to Other Top Business Banks
Curious how Holdings stacks up against other leading business banking solutions? Explore these in-depth comparisons:
The Bottom Line
Both Holdings and North One offer modern, digital-first banking for SMBs—but Holdings stands out if you want to maximize your interest, automate your finances, and manage everything in one place. If you’re ready for a banking partner that helps your business earn more and work smarter, Holdings is built for you.
Ready to see how Holdings can transform your business finances? Explore our full suite of comparisons above, or get started today