Personal accounts are great for managing and organizing the incoming and outgoing payments of your personal life. They have lower payment limits and require less verification to set up than business accounts. Add accounts for all the hats you wear, like childcare, vacation, hobbies, or home expenses!
Business accounts have the same features as personal accounts, with the added benefits of increased payment send and receive limits, authorized user roles, and transaction detail names.
For more info on personal spending limits, and further information on business accounts, please visit the FAQ here.