What's The Best Bank Account For Amazon Business Owners?
Well, if you ask us, that's a bit of a trick question.
You could get something like the Radius Bank Tailored Checking account with 0.75% APY (woohoo!) but, as an Amazon business owner, you could do better... A lot better.
Business owners following the ALGO system target a 10% to 100% MONTHLY return on their investment. That's right, MONTHLY!
So, in our experience, the best bank account for Amazon business owners is actually your Amazon inventory.
In this video we answer; What's The Best Bank Account For Amazon Business Owners?
.75% annually (like with Radius bank) is less than 0.07% monthly! Compare that to 10% monthly and you can see why we like to keep as much cash as possible in our Amazon businesses.
As an Amazon business owner, your best bet is investing in your business and targeting a 120% annual return vs the 1% any bank account can give you.
Do you agree? Tell us on social media and in the comments :)
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