Business Builder Elite℠ Package
Business Builder Elite℠ Package
Part of what makes us unique at City National is our ability to create tailored solutions for our clients—especially small businesses.
The City National Business Builder Elite Package helps you save money by bundling only the services you need. Plus, when you maintain a minimum combined qualification balance, we’ll waive the single monthly package fee.
How it Works
- Start with a Business Elite Checking Account or Business Elite Checking with Interest Account. Both accounts feature a generous transaction1 allowance before excess fees apply.
- Add up to three business or personal eligible non-analyzed checking, money market or savings accounts—with no monthly maintenance fee.2
- We’ll waive the $50 package fee when you maintain a $50,000 minimum combined qualification balance in the packaged accounts.3 Contributing accounts include eligible non-analyzed business or personal checking, savings, money market accounts, certificates of deposits, and IOLTAs.
- Discount of up to $75 on the first order of business checks ordered through City National
- No fee for incoming domestic wires for the Business Elite Checking or Business Elite Checking with Interest Account and the Benefit Accounts
- Business Essentials and Business Bill Pay4
- Visa®Check Card for all eligible business and personal accounts
- Commercial Credit Card with City National Rewards®, annual per card fee waived for up to 5 cards. Excludes any Crystal Commercial Card.
- Business Overdraft Line for the Business Elite Checking Account or Business Elite Checking with Interest Account, no annual fee
- Basic Business Builder Line of Credit, no annual fee first year
- Business Term Loan, documentation fee waived up to $100
- Online Loan Transfers, complimentary service
- E-Deposit, electronic deposit service with a complimentary single-feed scanner (up to $400 value) and a $25 monthly fee for moderate volume check deposits5
- Merchant Services, $100 application fee rebate provided through Elavon6
- Payroll Service, setup fee waived up to $250 when service is obtained through RABco Payroll Services, Inc.7
- Fee-free foreign currency exchange service
- Package fee waived for the first three months from account opening
All credit products are subject to approval. For Business Overdraft Lines and Basic Business Builder Lines in New York, there is no annual fee.
Accounts are subject to the terms and conditions of City National’s Account Agreement and Disclosures and applicable Fee Schedules. In order to maintain a Business Builder Elite Package, the Business Elite Checking Account must remain open throughout the entire statement cycle period. If the Business Elite Checking Account is closed during a statement cycle period, or converted to another account type, the Package will close and any remaining accounts or services that are not closed will be subject to the standard fees as disclosed in the applicable Fee Schedules.
- Includes deposits, deposited items, electronic credits, incoming and outgoing wires, checks, and all electronic debits. Does not include City National fees and charges. The monthly transaction allowance is 500, the excess transaction fee is $0.45. The monthly cash processing allowance is $25,000, the processing fee for excess cash is $0.002 per $1.
- Up to three (3) eligible checking, money market or savings accounts (“Benefit Accounts”) with the regular monthly maintenance fee waived may be included in the Package for the monthly Package fee. All accounts must be non-analyzed. Some account types are not eligible for inclusion in the Package.
- Please refer to the applicable Fee Schedule for information about how the combined Qualification Balance is determined.
- For more complex requirements, other Treasury Management services are available and fees may apply.
- City National E-Deposit, moderate volume means generally no more than 15 electronic check deposits per week with no more than 10 checks per deposit. The monthly fee and one complimentary single-feed scanner are subject to a two year minimum service term and month to month thereafter. Should the service be cancelled for any reason by you or us prior to the end of the two year term, a $400 cancellation fee may be charged.
- Elavon is City National’s exclusive provider of Merchant Services. Services provided by Elavon are subject to a separate agreement and terms provided at the time of application approval. Application fee rebate requires activation of services within 90 days of application.
- RABco Payroll Services, Inc., is a provider of payroll processing and employee payroll tax filing services for City National clients. Payroll services provided by RABco Payroll Services, Inc. are subject to a separate agreement and terms provided at the time of setup. Elavon and RABco Payroll Services, Inc. are separate companies and are not affiliated with City National Bank.