Lance is optimized for the self-employed. If you're a freelancer, a side-hustler, or anyone who uses a 1099 form, Lance is your best option for a business bank account.

You have to be a US citizen to open a Lance account.

United States of America

United States dollar

Personal/Business

Lance is the first smart business banking account for the self-employed. Banking services are provided through Blue Ridge Bank. Lance automatically allocates personal income, tax withholding, business expenses, and profit for individual businesses. With basic bookkeeping, entry-level accounting, and taxes done, self-employed workers now have everything they need to grow financially-compliant and stable businesses.

EMD Agent

Payment systems

Lance

Average

Pricing of the services

Social media presence

Popularity of the service

Onboarding difficulty

Support quality

Great

Asset Management

Card providers

Debit cards

Professional Services

Savings Account

Tax Advisory

Wallets

Wire Transfer Acceptance

So far everything seems to be going okay 
Still new to using it but over all its going good

So far everything seems to be going…

It's was a ok experience

I love this app and bank! You guys are doing great things for us and it's noticeable!!!

I love this app and bank

Loving all of the features so far! Just received my business debit card today so excited to activate it. I’ve already used my virtual card to make a few business purchases online and this was so useful! Telling all of my Entrepreneur friends!

Loving all of the features so far!

It’s GREAT I ABSOLUTELY LOVE IT AND THATS A FACT

I love lance they are very prompt on getting back to you on all your concerns and it’s tough with most banks not lance they help you anyway possible thanks lance

I love lance they are very prompt on…

Customer service never contacts you back

Love the idea money transfers take way to long

Love the idea money transfers take way…

She was very helpful an responded very fast

She was very helpful an responded very…

Can't activate card and I've let customer support know. The phone number has been busy over 24 hours

Can't activate card and I've let…

I lost my wallet and I requested for a new card and all they’ve done is given me different phone numbers of other departments that you either can’t get through to talk to anyone or that don’t help you at all and just try to give you another phone number to be able to get a new card but it’s just the old round around. I’m very disappointed ☹️

I lost my wallet and been requested a new card and haven’t received it

I love LANCE

horrible customer service

The services are great, however, we need for you to add check deposits as a value added service. Our clients write us checks once in a while.

The services are great

Awesome bank

Slow transfer and no customer support. Waste of time. As soon as my deposit shows up I’m closing

Slow transfer and no customer support

It's a good one never any problems

Fw the bank

Good

Im truly gratefyl to have found this.  I wss lost until i started using Lance mobile app

Im truly gratefyl to have found this

Fast and easy.

I haven't been this frustrated with a bank is well over a decade. Have you ever reached out to customer support and asked for help in understanding something and the representative repeats verbatim what is written on the website, advertisement, or support (knowledge) center? This was my experience. I couldn't get clarity about the stacks. After chatting for about 15 to 20 minutes while having to wait a few minutes in between for each response, I was asked if I wanted to set up an onboarding phone call. It was too late, I was frustrated. In addition to that, I wanted to know how long it would take for my money to be transferred to my other bank account since that is what I thought I did when I received my paycheck. I was told that it takes 5 days. Ok. No heads up? You won't be able to find that info anywhere. So I waited 5 days but still no payment. I decided to go back and check Lance and discovered that I actually didn't transfer any money to myself at all. So why am I giving a 1 star to Lance? Because there is a disconnect between their instructions on how to use it and what's actually happening with your money. I recall asking about the taxes because no taxes were taken out. You have to do that manually or calculate it manually then transfer it to a stack. I could be wrong about it but I am giving a 1-star because things were not clear and I literally have nothing but anger because of what happened and how things went. It was a very unpleasant experience that messed me up financially and put me in a bind. What they offer, you can do with your own bank. Maybe I'm still upset about what happened but these days the customer's experience is everything and I felt like the Lance support team didn't care about that process.

I haven't been this frustrated with a…

Solid banking app I have no complaints at all.

+1 Solid Mobile Banking

I really wanted to love Lance, especially the stacks, but when I signed up and paid for the Pro account the invoicing option was not yet available. Yes, I can invoice through separate platforms, but if that is the case I will stick with current FinTech Bank.

I will say the customer service team has been AMAZING! Anytime I've had questions (and I've definitely had a few) they were kind, courteous and responded within minutes. I was very impressed! Additionally, they promptly refunded my Pro account fee.

For now, I left the account open with a few bucks in it hoping they get all their features together soon. I am more than happy to take another look.

I really wanted to love Lance

This bank is perfect nothing is better

Simplified banking with great tools for freelancers!

Freelancers banking dream come true!

They keep say don't want to help

I discontinue use, my money and checks kept being returned . That to many games with my money and no contact support to deal with the matter

I discontinue use

Keeps my business finances in order! Excellent account for a growing business

Lance is Awesome

A+++

Good bank great asset to my business

I communicated many times with support about my issues. Support was friendly and, I assume, as helpful as they could be. My concerns were never solved. I was only told that my issue would be escalated and a team was reviewing it. This happened a few times and my issue was never solved or explained. The one feature that I wanted (to be able to somehow identify which client or business the money was coming from vs "Transfer") has not happened in the time that I have paid for the service. I'm beginning to not trust leaving my money in this new bank account so I don't think I'll be using it at all.

I communicated many times with support…

As a creator Lance is a godsend. Truly everything I need in a bank account- I’m more organized with my business now than ever before.

As a creator Lance is a godsend

Super easy to work with. Great customer service and keeps me super organized!

Super easy to work with

This is THE BEST way to do finances as a freelancer!! It makes everything about banking so simple for me as someone whose income flows vary (read: helps me be more responsible with my money). If you’re a freelancer, you need this bank account!!

This is THE BEST way to bank for freelancers!!!

So far so good

I was so excited when I found Lance it’s perfect for a small business . It’s got all the important things right in the app

Hard to get a hold of.

After notifying lance I had 2 large deposits pending my account was closed the next business day without notice, warning, or explanation! Pick a different bank!

Closed account without warning

Love there services

As soon as I put money in my account. They shut the account without explaining. Then I call them and they say it’s irreversible and nothing can be done. They will send me a check in 10 to 15 days. No explaining or anything.

As soon as I put money in my account

Banking with Lance has been one of the best experiences I've had with a bank! They are easy to work with very quick turnaround with contacting support. I highly, highly recommend!                  ⭐️⭐️ ⭐️ ⭐️ ⭐️ 10/10 on excellence!

Five Star Rating!!!

Had a very good interaction with my freelance banking they are top-notch in A League of Their Own

My go to guys for banking

Lance is soooo necessary

This app is a gamechanger. It completely enhanced the way I manage my finances

This app is a gamechanger

So far very happy with Lance. Check back after some time.

So far very happy with Lance

I am very pleased with Lance. I did receive the alert about u usual activity however, it easily managed from a text message to my phone. Took all of a minute to complete. Thank you!!!

I am very pleased with Lance

I haven't done too much banking with them at this point of time, but when I had a question, support replied to my email the same day. I haven't had any major issues, and it's nice to have an account to track just my business expenses.

Good experience

I have just started using Lance and have been impressed with it so far. It would be nice to be able to access my account on desktop. But other than that I love the management of the different stacks and allocating payments. Super simple to use and eases my mind that I have money set aside for taxes

I have just started using Lance and…

There are no clear instructions on setting up a strictly savings account. This account seems to be set up strictly for freelance workers. I was interested in putting money aside for specific projects I'll be working on this year.

There are no clear instructions on…

I love this product. I haven’t used it to its full potential yet, but from what I see, every freelancer should have an account. From separating your money into areas you choose automatically, to paying your quarterly taxes automatically, to paying you into your main bank account - it’s a no brainer for any freelancer.

If you’re  a freelancer, you need this.

Lied about promotion

So far I am enjoying using Lance for Bank so far I’ve had overall very pleasant experience with both mobile banking app as well as the customer service they are great I would highly recommend them to my friends and family thank you again

So far I am enjoying using Lance for…expenses

It’s helpful and insightful and helps me keep track of all my finances

It’s helpful and insightful and helps…

Great service guys..

Lance does an incredible job of easing the pain points of banking/financial management for freelancers. The team is always responsive and helpful in addressing customer needs and questions.

As a freelancer, I always had the hardest time keeping track of my income and making sure to allocate funds for myself and properly do my taxes. Lance makes it so easy and does everything automatically for me!! This is the perfect account for managing my finances.

Best bank for any freelancers

My experience with Lance has been nothing but great! Always nice and welcoming service and I've recommended Lance to many of my freelancers friends, definitely 5/5 for me.

So happy with Lance!

First of all, thank you!
Lance had been great for me so far. As a small business owner, it has organized my financial outlook and has filled in the gaps in places I know that I lack in.
It just feels like something that understands the kind of confusing times we are in, in general.
I highly reccomend people to check it out!

First of all

The team at Lance is amazing! They are so helpful and insightful. Customer service is off the charts. It means a lot to me that I can have a close working relationship with my online banking team. Would highly recommend.

The team at Lance is amazing

My account was working fine, until recently. I'm unable to login now. When I do it states that my email address in invalid and now I can't even reset my password because I didn't update it.

50/50

I love this bank!

Best one I've had so far. Great for self starters easy to use app awesome feature that make deposits accept payments online thru cash app and there most comprehensive plan is 12.00. The featurs it has is for the owner operator that less time on phone more making money.

Best one I've had so far

You close my account and I still didn't get my $100 via check in the mail

You close my account and I still didn't…

Very happy with lance. Perfect for myself

Very happy with lance

Excellent!!!👍

very easy to use 
fast and convenient
easy to add funds from another debit card
no hassle or frustrations needed or required 
Thankful there is a bank card for freelancers and individual contractors like me

Lance gets the job done

Great experience and absolutely perfect customer service that truly want to listen and improve, although in my opinion, the app is perfect as is.

Great experience and absolutely perfect…

Good freelance

So far so good !! They have so many helpful features such as the stacks and fraud prevention!! Only thing that would be better , is if they had away of accepting mobile check deposit for the Payment revived via invoice or mailed invoice

So far so good !

Horrible service

Lance is a solid account specifically targeted to freelancers. I love that. It has some great features. One issue I have is that, for me, the Pro features are no where near worth a month fee of $11.99. It would be great if they were standard with the account or more in line with the premium fee of similar apps $4.99. I signed up for Pro precisely for Lance Check out, only to learn that it is no longer available. It seems we should have received notification of that. If not for these issues, I would have given 5 stars. There's great potential here, but definite room for improvement.

Great Potential

The only thing that is missing with Lance is Desktop access. Sometimes it is easier to work on a desktop than on the phone all the time.

The only thing that is missing with…

Excellent customer service and generally perfect 👍🏼

Excellent customer service and…perfect programs

You guys are Doing Great! Would Be Great To Have A Way To Help Me Payout To My Employees a Little Easier! Thanks Again! 😃

You guys are Doing Great!

I’ve been using Lance since I started my business at the end of last year and it’s been a great relief for me! Providing ways to keep things organized and minimize worry.

I’ve been using Lance since I started…

Best Banking Card and App Ever

Would give higher rating, but no mobile check deposit, which is very important to my business

Lance Freelance Banking

I’m not impressed with this app or bank I tried to move my check from one bank to Lance and they closed my account because of funds issues and then wouldn’t put the money back in the account I tried to transfer out of the instead I was made to wait 15 more days for a paper check

I’m not impressed with this app or bank…

I would love to be able to use this bank account. But because there is no way for me to deposit customer checks in the account it is useless. If you get your money from apps or direct invoicing your customers through Lance it seems like it would work great. Maybe- I guess? I mean I honestly don’t know as I haven’t been able to use it.

I would love to be able to use this…

I had an awful experience with Lance. Features and functions of the app were not accurately represented; processes to close my account were not accurately represented. At one point, I genuinely did not know if I would be able to get my money out of my Lance account at all, and that process took weeks.

I was excited about this app. If it did all that was described on its site, it would be so useful for freelancers. Unfortunately, after such a bad initial experience, I could never trust it or recommend it to others.

Confusing, awful experience

Someone had gotten into my account took my money that was for a customer and Noone does anything about it

Someone had gotten into my account took…

I like the concept of Lance. We’ll see how well it does with the Schedule C stuff it says it does. Right now I have difficulty because it doesn’t support depositing checks or doing Bill Pay—2 pretty essential business banking tasks if you ask me.

I like the concept of Lance

Lance is more than a banking app. It changes your mindset around money, something that's tangled into fear for many freelancers and soloprenours. It teaches you how to pay yourself, save for your future and put away (and pay!) your taxes. I love it.

Lance is more than a banking app

Lance takes the stress out of banking for my small business. The stack system sets aside my quarterly taxes (and pays them), as well as a regular salary I can rely on each month. They're a neobank, so they don't come with the robust set of features your average bank has, but I find they have just what I need as a freelancer. If I have trouble with anything, the team is always quick to give helpful, personable support. Last week I had a question about my taxes and got a personal call from the CEO offering me help. I was blown away!

Lance takes the stress out of banking for my small business

Lance is an amazing app for freelancers that allow more control and confidence in their freelancing finances, especially when it comes to handling taxes. Highly recommend.

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