BlueVine

Fintech · Jersey City, United States

Bluevine is an American financial technology company, not a bank. It sells business checking accounts to small United States companies, with the money held at Coastal Community Bank and insured up to USD 3,000,000 per depositor through a sweep network of program banks. The checking account pays 1.3% APY on the free Standard plan when monthly activity goals are met, and 3.0% APY on all balances on the paid Premier plan. Bluevine also lends: a revolving line of credit up to USD 250,000. It started in 2013 as an invoice factoring company and was one of the larger fintech originators of Paycheck Protection Program loans in 2020 and 2021.

Legal name: Bluevine Inc.
Regulated by: No bank charter of its own; banking services provided by Coastal Community Bank, Member FDIC, Line of credit historically originated through Celtic Bank and Cross River Bank
Licence confirmed: yes, on a regulator's own list
Established: 2013
Website: www.bluevine.com

Scores, 0 to 10

8.5Customer satisfaction

Trustpilot score 4.7 out of 5 from 11,458 reviews on a claimed profile. · source

8.0Lowest fees

No monthly or overdraft fee on the Standard plan, free standard ACH, cheque payments at USD 1.50, same-day ACH up to USD 10 and outgoing wires up to USD 15. · source

8.0Best interest on business balances

1.3% APY on Standard up to USD 250,000 with monthly activity goals met, 1.75% APY on Plus and 3.0% APY on all balances on Premier. · source

7.0United States

Nationwide United States business checking with free standard ACH, wires at up to USD 15 and FDIC pass-through cover up to USD 3,000,000, but held at Coastal Community Bank rather than under a charter of its own. · source

7.0Fast digital onboarding

The application is entirely online and Bluevine publishes a separate eligibility page for United States businesses with international owners, but it does not publish a typical time to open. · source

6.5Business cards (Visa, Mastercard)

Physical and virtual Business Debit Mastercards with spending limits for team members, issued by Coastal Community Bank; there is no credit card programme. · source

6.0Foreign-owned & non-resident companies

Bluevine publishes a dedicated page on United States business banking for international owners, with supported countries and eligibility conditions, but states that not all features are available to international customers. · source

5.5Startups & VC-backed companies

There is a dedicated startup page offering the high APY account, accounts payable automation and access to credit, but the line of credit tops out at USD 250,000 and is underwritten on trading history. · source

5.0Online businesses: e-commerce and SaaS

Invoicing and payment links let merchants get paid, and inbound international payments arrive in as fast as 24 hours, but Bluevine offers no card acquiring and no collection accounts outside US dollars. US dollar checking with accounting integrations and invoicing suits a United States software company, but there are no foreign-currency receiving accounts and no revenue-based financing. · source

5.0Financial strength & stability

Privately held with no published accounts and about 100 jobs cut in December 2024 in a second round of layoffs in six months; customer money sits with FDIC-insured partner banks rather than with Bluevine. · source

4.0Cross-border payments, FX and multi-currency accounts

International payments cost up to USD 25 per payment in US dollars plus up to 1.5% of the amount when sent in a foreign currency, and no list of payout currencies is published. Sub-accounts for budgets and accounts payable automation exist, but balances are US dollars only with no cash pooling, hedging or host-to-host connectivity. · source

3.5Crypto-friendly bank

Bluevine publishes no policy on banking cryptocurrency businesses anywhere on its business checking or lending pages. · source

3.0Fintech companies that need a partner bank

Bluevine publishes no policy on safeguarding accounts, sponsor banking or correspondent services for electronic money institutions and payment firms. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Bluevine publishes no policy on gambling, cannabis, adult or forex businesses on its public product pages. · source

3.0On-ramp: buy crypto with fiat

Bluevine sells no crypto and lists businesses engaged with virtual currency or cryptocurrency as restricted for its banking products, and the checking agreement names bulk virtual currency exchanges; no evidence was found either way on ordinary businesses paying exchanges. · source

3.0Off-ramp: crypto to fiat in a business account

Bluevine accepts unlimited free domestic wires and ACH, but it restricts crypto businesses and publishes no source-of-funds process for exchange proceeds, so a company receiving crypto sale money has no clear path; evidence is thin. · source

2.0Trade, manufacturing & import-export

No letters of credit, guarantees or documentary collections; the only credit product is a revolving line of credit up to USD 250,000. · source

1.0Crypto wallet and custody for a business

Bluevine offers business checking through Coastal Community Bank with no crypto wallet or custody, and its restricted industries page excludes businesses engaged with virtual currency, checked September 2026. · source

1.0Accept crypto payments

Bluevine's only merchant acceptance is card, wallet and ACH debit through a Stripe connection on invoices, with no crypto or stablecoin option, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, holding or transfer exists on Bluevine's business checking, lending or payments pages, checked September 2026. · source

1.0Ethereum

No ether product exists on Bluevine's business checking, lending or payments pages, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

Bluevine funds accounts only by ACH, wire, check and cash deposit, with no stablecoin accounts or payouts, and restricts virtual currency businesses, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.