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Are there any fees to use banq?

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Paying with a checking account or banq account is free! If paying with a debit card, there is a 2% ATM  fee. 

For business account owners:

There is a [lesser of 1% or $5] collections fee added to all business recurring payments. If the payment will be deposited into a business space, a fee of 1% the recurring payment price up to $5 will be added.

For example, a $20 collection is a fee of $0.02, $100 collection is a fee of $1.00, $1,000 collection is a fee of $5, and $8,500 collection is a fee of $5 (as the cap is $5).

 

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