Choosing a bank account for my LLC.
I have been using Bank of America as my business checking account for my rental property. They just raised the minimum balance to $5000. When I have more than one property, that'll be fine, but with just one property, it seems to be a waste of money to have cash in that account instead of an interest account. Do I switch accounts to a local bank, an online bank like Blue Vine, or stick with what I have? Thanks all!