Corpay One review

The monthly fee is $0, so the account itself adds no recurring charge to your costs. The spending charge sits elsewhere: paying bills by credit card puts a fee on the vendor invoice amount. Direct bank payments sit outside that card charge.

Deposits are covered by FDIC up to USD 250,000, which is the protection stated for the account. The account sits with Corpay, Inc, a provider headquartered in the US, so the stated cover applies within that US structure.

The provider is Corpay, Inc, and the licence listing names Fifth Third Bank, N.A. as the US institution behind the service. Corpay One is therefore a US account rather than a euro one, which shapes how you fund and drain it.

Payouts are bank and card, so funds can go to a bank account or to a card. Before you route supplier payments through the card route, weigh it against the fee that applies when paying bills by credit card on the vendor invoice amount.

Support runs on phone and help centre, covering a phone line and a help centre. If you prefer to work through live chat or email, or you want support in a language tied to another market, a provider with a wider support mix may suit you better.

The stated audience is business, and the local payment details are us ach. That points to companies that receive and send US currency and settle invoices through the US banking system rather than through euro or UK rails.

Corpay One ranks 1 out of 500 on monthly fee, and the site median sits at €0. Holding costs are not where this account gives ground; the credit card bill payment fee is the line to watch.

Plazo ES has a monthly fee of €0, Skrill has €0 and Paysera has €0. All three are set in euro, which suits you if your money and your suppliers sit outside the US system.