Get your money and business managed in one place by completing your HoneyBook Balance application. If you’re accepted, you’ll unlock a business checking account that’ll give you insights into your income and spending, automated tax savings, and instant deposits on nearly all your client payments. Furthermore, you'll get new ways to better manage your business funds and understand your cashflow:
HoneyBook Balance Checking Account where you'll see your payments
Physical and virtual HoneyBook Balance Visa® debit cards for business expenses
Access to funds within 24 hours
Automatic expense categorization whenever you use your HoneyBook Balance debit card
Insights into business and project expenses that can influence how you price your services
Automatic tax-saving so you don't have any surprises during tax time
No-cost instant deposits that get client payments into your account faster
Applying for a HoneyBook Balance Business Checking Account won’t impact your credit scores. There are no monthly fees, hidden costs, or maintenance costs associated with your HoneyBook Balance Business Checking Account.
📣 Note
You’re opening a business checking account, so you’ll be asked to provide sensitive information about yourself and your business. This information is secured, and you can read more about how HoneyBook protects your data below.
How HoneyBook protects your data
How HoneyBook protects your data
HoneyBook leverages leading tools from Amazon Web Services (AWS) to manage security and access controls, in line with industry best practices. All of HoneyBook’s servers are within a virtual private cloud (VPC) with network access control lists (ACLs) that prevent unauthorized requests from getting to the internal network.
HoneyBook uses Advanced Encryption Standard (AES 256) to encrypt data at rest and Transport Layer Security (TLS) to encrypt data in transit. This ensures that all traffic between you/your clients and HoneyBook is secure during transit and at rest.
HoneyBook uses third-party security tools to continuously scan for vulnerabilities. An internal dedicated security team responds to issues raised.
Twice yearly HoneyBook engages third-party security experts to perform detailed penetration tests on the HoneyBook application and infrastructure.
HoneyBook accepts external vulnerability reports that are submitted by security researchers through the [email protected] email address.
HoneyBook’s payment system integrates with Stripe, allowing both private individuals and businesses to accept payments over the Internet. Stripe has been audited by a PCI-certified auditor and is certified to PCI Service Provider Level 1. This is the most stringent level of certification available in the payments industry. Details about their security setup and PCI compliance can be found on Stripe’s security page.
When using HoneyBook's payment system, all sensitive data is transferred directly to Stripe servers over a secured and encrypted channel, fully complying with US regulations. HoneyBook does not store bank accounts or credit card information.
HoneyBook is launching the HoneyBook Balance Business Checking Account to select members on a rolling basis. If you don’t have access now, sit tight, you should receive an invite as long as you meet the requirements below:
You aren’t managing multiple companies on HoneyBook
No clients have ever initiated a chargeback against you
You must be subscribed to HoneyBook for at least 3 months
Your account’s currency must be in USD
Can’t wait to get access? If you meet the requirements above, reach out to our support team for advanced access.
Complete your application
Before you begin
Applying for a HoneyBook Balance Business Checking account should take about 10 minutes if you have your identification documents ready to go. The application will tell you exactly which documents are required to open this business financial account. Learn more about the documents you’ll need to apply for HoneyBook Balance.
From the navigation menu, select Finance > Balance
Select Apply Now
Select your business entity type (find out what one you are)
Continue with the relevant section below
From here, what info you’ll provide changes depending on your entity type. Find the section below that’s relevant to you.
Apply as a sole proprietor
If you operate using your SSN, or you're a sole proprietor with an EIN but don't have an LLC, partnership, or corporation, follow the steps below.
Enter info about yourself
This will include info about yourself and your home address
Check out how HoneyBook protects your data above
After you’ve checked the boxes, select Next: Submit
Upload any documents you were asked to submit
From here, your application can take up to one business day to process, and you’ll receive an email letting you know when that’s done. If you’re approved, your HoneyBook Balance Checking Account will immediately be available, and you’ll be able to check out the HoneyBook Balance dashboard. To help you get acquainted with your new account, select the button below.
Apply as a partnership, LLC, or corporation
If you aren’t a sole proprietor, you’ll provide some additional details about your business.
Enter info about your business (like its legal name and address) > select Next: Owner Info
If you don’t own more than 75% of your business, you’ll need to supply some info about the beneficial owners
Check out how HoneyBook protects your data above
Enter info about yourself
This will include info about yourself and your home address
After you’ve checked the boxes, select Next: Submit
Upload any documents you were asked to submit
From here, your application can take up to one business day to process, and you’ll receive an email letting you know when that’s done. If you’re approved, your HoneyBook Balance Checking Account will immediately be available, and you’ll be able to check out the HoneyBook Balance dashboard. To help you get acquainted with your new account, select the button below.
Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!
HoneyBook is a software company, not a bank. Banking services are provided by Lincoln Savings Bank, Member FDIC. HoneyBook Visa Debit cards are issued by Lincoln Savings Bank, Member FDIC. HoneyBook is not FDIC insured. FDIC insurance only covers the failure of an insured bank.