Frost Business Savings Account
The Frost Savings Account is the perfect way to start building good savings habits. It’s a safe place for an emergency fund or to begin bucketing funds as you’re saving for different goals.- Waived with $100 minimum daily balance
- OR have a Frost Business Checking or a Frost Business Checking Plus account in the same business name
OR

Enjoy higher interest rates with Frost
FROST
Annual Percentage Yield (APY)
|
BANK OF AMERICA
Annual Percentage Yield (APY)
|
CHASE
Annual Percentage Yield (APY)
|
WELLS FARGO
Annual Percentage Yield (APY)
|
|
---|---|---|---|---|
$0 - $14,999.99 |
0.30%
|
0.01%
|
0.01%
|
0.01%
|
$15,000 and over |
0.50%
|
0.01%
|
0.01%
|
0.01%
|
Data for Frost Bank provided by Frost Bank
All Bank of America, Chase, and Wells Fargo rate data shown for an equivalent account of $1-$25,000.
Frost Annual Percentage Yield effective as of 04/29/2025. Fees could reduce the earnings on the account.
The interest rate and annual percentage yield may change at any time at our discretion.
Data for Bank of America, Chase, and Wells Fargo provided by:
Information effective 04/23/2025
Business Savings account additional features
- Interest paid quarterly
- Free My Frost Online Banking service
- Make free online transfers to and from your Frost checking account
- Can be used as overdraft protection for your Frost checking account
- Unlimited transfers to an account in the same business name at Frost
- Two free withdrawals per month
Opening your account
-
Tax ID number or SSN if sole proprietorship
Company’s Tax ID number (or Social Security Number if Sole Proprietorship) -
Business entity documents
Certificate of Formation, Certificate of Filing, Company Operating Agreement -
Government-issued photo ID
This can be a driver’s license, state ID or U.S. military ID for each account signer -
Business information
Business physical address -
Minimum opening deposit
You’ll need to make an initial deposit of $50 or more
You may also need to bring state certificate filings and entity minutes authorizing signers.
Documentation may vary depending on your type of business.
Experience the Frost difference
At our core, we’re just people helping people. We’re passionate about supporting your financial goals, keeping your money accessible and offering help when you need it.