REGION:

SILICON VALLEY BANK AND TECHSTARS


Apply for your SVB Startup Account

Silicon Valley Bank understands that entrepreneurs want to focus on building, not banking. That’s why SVB and Techstars are partnering to offer solutions for startups that are simple to set up and easy to use. The startup package includes features that founders need, including no-fee checking and payment services for three years.

The Techstars Bundle includes:

Business checking account and payment services

  • No monthly maintenance fees for first three years
  • No fee for first five incoming wires
  • Two domestic and one FX international outgoing wires free per month

 

  • No fee for ACH debits and credits, bill payment services, check payments
  • Mastercard BusinessCard with auto pay1
  • Mobile deposit using the SVB Mobile app

HERE’S HOW TO APPLY FOR THE STARTUP PACKAGE

Provide the following information to begin the account opening process.



Fees, terms and account features are subject to change without notice.

Techstars is not affiliated with SVB Financial Group or any of its affiliates.

Approval for an SVB account is subject to application, credit and review requirements and is at Silicon Valley Bank’s discretion. As your company’s banking activity and balances grow and change, your Silicon Valley Bank relationship team may recommend other business banking accounts. Certain cash management or international products and services may require that your account be converted to a different account type.

No account maintenance service charge for 24 months. After 24 months, no maintenance fee for any month you maintain a minimum monthly average balance of $25,000 or more. Otherwise, a $15 monthly account maintenance fee will apply.

Eligibility requirements apply for Mobile Deposit. Items must be drawn in USD and may be deposited only to USD deposit accounts. Standard carrier data charges may apply.

Fees waived for two domestic and three international USD wires monthly when processed through SVB’s online banking platform. FX international wires, manual or faxed wires are not included.

1Eligibility requirements apply for Mastercard BusinessCard. See SVB Mastercard BusinessCard terms and conditions for full program details. Certain terms, conditions, exclusions and limitations apply, including limit on cash advance capabilities. Benefits in connection with the SVB Mastercard BusinessCard charge card offer are available only to companies that maintain their SVB business checking account as their primary operating account and maintain a sufficient account balance at all times as determined by SVB. Mastercard is a registered trademark of Mastercard International Incorporated.

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