Best Bank For Uber Drivers (includes non-banks)

Mike Renaldi

Whether you’re a full-time Uber driver or doing it as a side hustle, one of the few must-haves is the right business account. So, if you’re looking to consolidate your finances, read on to check out our top picks for an Uber driver bank account.

We'll also mention how the Wise Business account could help you.

Looking for a low-cost business account? Need to send money abroad?

Try Wise Business >>

Trustpilot: 4.2/5 average rating - Great¹²
A one-time fee gets you account details where you can receive funds at no extra cost

Best bank for Uber drivers (includes money services business providers)

The best bank for Uber drivers is one that offers easy-to-understand policies, great customer service, and a safe place to store your freelance earnings. We’ll go through a few banks and money services business providers that will put you in the driver’s seat of your financial management.

Wise Business (Money Services Business Provider)

Wise will help you receive your hard-earned funds, keep your personal and business finances separate, track your cash flow, set budgets, and handle cross-currency transactions.

You won't have to worry about any useless fees with Wise with no minimum balance requirement or monthly fees required. Take full advantage of your side job with Wise.

Some features Wise Business users love
Receive Payments like a local: Businesses can pay a one-time fee for accounts details in global currencies, such as USD, EUR, GBP, CAD, so they can receive money without any additional fees
Account Software Integration: QuickBooks, FreshBooks, Xero, Sage, and Wave
Batch Payment Tools: Pay up to 1,000 invoice in one instance
An International Account: Hold 40+ currencies at once
Transparency: Wise Business is trying to get rid of all your business account fees

Receive payments >>

No minimum balance requirement or monthly fees

Bank of America

Bank of America (BoA) needs no introduction – it’s a major US bank with nationwide reach that has all the tools and features you need to manage your earnings. BoA has both a personal banking side and small business banking options, with a few checking and savings account options to choose from.

Key Features: The bank offers a robust mobile banking app, which lets drivers track and manage their income on the go. The savings account also provides a platform to stow away funds and earn modest interest to grow their earnings. Suitable for full-time drivers, Business Advantage accounts come with features like QuickBooks integration and efficiency tools.

Fees: BoA’s personal accounts come with either a $4.95, $12, or $25 monthly fee, while their basic business account charges a $16 monthly fee – all of which can be waived under a certain requirement.2,3


Chase Bank has similar offerings to Bank of America in that there’s a personal side and a business side. It’s one of the biggest banks in the country and strikes a good balance between supportive banking services and user-friendly digital tools.

Key Features: Chase is a popular banking choice as it offers a range of accounts that cater to different banking needs. With access to over 15,000 ATMs and more than 4,700 branches, as well as Chase Mobile Banking, drivers will have quick and easy access to their funds wherever they are.4 With a savings account, you can also auto-transfer funds from your checking account.

Fees: Chase has the benefit of having no minimum deposit to open an account. There are monthly service fees for the personal checking accounts of either a $4.95 fixed fee or $12 or $25 which can be waived under certain criteria.5 Their basic business checking account comes with a $15 monthly fee, which can be waived.6


PayPal is a longstanding digital payment service that can be a reliable banking alternative for Uber drivers. The platform allows you to get, spend, and send money all from one secure account.

Key Features: The best part about using PayPal for an Uber business is that Uber and PayPal have an ever-expanding relationship. As of September 2023, Uber is planning to offer instant driver and courier payouts to PayPal, which means drivers can get instant access to their money.7 The PayPal debit card also lets you use or withdraw cash immediately for a small fee, eliminating bank processing times.

Fees: Creating an account on PayPal is free, but there are fees for withdrawing, sending, and receiving money. Sending money to a PayPal account or bank account is free while sending directly to cards comes with a 2.90% + $0.30 fee. There are also additional fees for international transactions. Withdrawing to your bank account or a card is free, but instant transfers come with a 1.75% fee.8


Lili is a digital banking platform designed for freelancers, small business owners, and gig economy workers – making it a good choice for Uber drivers. The platform simplifies the banking experience yet ensures that there is a strong selection of tools for business-style money management.

Key Features: The platform offers a business checking account that comes with a Visa business debit card and no hidden fees. There is also a savings account that earns you 4.15% APY, automated tax savings and tax forms, and smart accounting software with reports and insights so you know how your cash flow is doing.9

Fees: Lili boasts no hidden fees with a $0 monthly fee policy on their Lili Basic plan. For more features and benefits, there are three tiered plans, including Lili Pro ($15/month), Lili Smart ($35/month), and Lili Premium ($55/month), that give you access to features like interest, tax reports, expense management, and more.10

Best bank for Uber drivers FAQ

How to set up direct deposit with Uber

Setting up direct deposit with Uber is a straightforward process. Simply sign in to your Uber driver account on, press edit to fill out your bank information, and save your details.

What banks work with Uber Instant Pay?

Uber's Instant Pay feature lets drivers cash out their earnings up to six times a day right after their first successful trip. There are two types of cash-out options, including a personal debit card and the Uber Pro card. The compatible banks/services that you can link to Uber's Instant Pay include traditional banks with debit cards linked to a checking account and a range of online banking services or prepaid cards.

These could include big banks like Chase, Bank of America, and Wells Fargo and online-based banks like Wise, as long as the associated card is a major card like Visa, MasterCard, or Discover.11

How to add business account to Uber

If you want to separate your business and personal trips, you can create a business account on your Uber profile and consolidate all business-related rides. To do so, open the Uber app and tap on the menu bar. Navigate to the ‘Wallet’ section and head over to ‘Payment methods.’ You’ll see a plus sign where you can add a new payment method. Click add a ‘Business Profile,’ and you can either log in with your business email or enter your information manually.


Learn More:

Best Neobanks for Business
Best Multi-Currency Business Bank Account


2 - Bank of America - Advantage Banking
3 - Bank of America - Business Advantage Banking
4 - Chase - Checking
5 - Chase - Checking
6 - Chase - Business Checking
7 - PayPal - Relationship with Uber
8 - PayPal - Fees
9 - Lili Bank - Business
10 - Lili Bank - Plans](
11 - Uber - Instant Pay
12 - Trustpilot - Wise

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

Money without borders

Find out more

Tips, news and updates for your location