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Relay

Relay Promotions

Relay is currently offering one promotion. Read our in-depth review of Relay to see why Relay scored 4.6 stars out of 5. We like their up to 20 checking accounts, up to 50 debit cards, $0 monthly fee, and earn interest with automated savings.

No-Fee Business Checking

  • $0 monthly service fee
  • $0 minimum opening deposit
  • Open up to 20 individual business checking accounts
  • Earn up to 3% APY with automated savings
  • Issue up to 50 Visa® debit cards to your team
Banking services provided by Thread Bank and Evolve Bank & Trust; Members FDIC.
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • Sign up in 3 minutes; no credit check
  • No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at 38,000+ locations
  • Automatic Savings
  • Get paid up to 2 days early
Banking services provided by Choice Financial Group, Member FDIC
Novo

Free Business Checking

  • $0 monthly service fee
  • $50 deposit to unlock all features
  • ATM fee refunds up to $7 per month
Banking services provided by Middlesex Federal Savings F.A., Member FDIC

    Highlights

    Savings
    Earn up to 3% APY: Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000.
    Checking
    Up to 20 individual business checking accounts; no monthly fees; no overdraft fees
    Monthly Fee
    $0
    Compare: Relay vs Novo
    APY
    N/A
    Minimum Deposit to Open
    $0
    Compare: Relay vs Lili
    ACH Transfer Fee
    $0
    ATMs
    55,000+ AllPoint ATMs
    Balance Requirement
    None
    Cash Deposit Fee
    $0 for cash deposits at Allpoint ATMs
    Customer Service
    Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday
    Incoming Wire Transfer Fee
    $0
    Locations
    Online only
    Out of Network ATM Fee
    Fee from ATM owner
    Outgoing Wire Transfer Fee
    $5 for domestic; $10 for international
    Overdraft Fee
    $0

    More Information

  • For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
 RelayNovo
 Visit SiteVisit Site
 

Relay

Novo

 

Benefits and Features

SavingsEarn up to 3% APY: Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000.No savings account, but you add up to 20 Reserves
CheckingUp to 20 individual business checking accounts; no monthly fees; no overdraft feesNo monthly fees; no balance requirements
Monthly Fee
$0
$0
APY
N/A
N/A
Minimum Deposit to Open
$0
$50 to access all Novo's features
ACH Transfer Fee
$0
$0
ATMs
55,000+ AllPoint ATMs
Up to $7 per month reimbursement of ATM fees worldwide
Balance Requirement
None
None
Cash Deposit Fee$0 for cash deposits at Allpoint ATMs
N/A
Customer ServicePhone: Monday - Friday, 9 am - 5 pm ET; Email: EverydayPhone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Out of Network ATM Fee
Fee from ATM owner
Up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee$5 for domestic; $10 for international
N/A
Overdraft Fee
$0
$0
 Visit SiteVisit Site

Novo: Pricing information from published website as of 04/10/2024.


Relay Alternatives

Novo

Free Business Checking

  • $0 monthly service fee
  • ATM fee refunds up to $7 per month
  • Free ACHs, incoming wires, and mailed checks
  • Up to 20 Reserves to manage multiple budgets
  • Thousands of app integrations
Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Articles on Relay

Relay Financial Review

Relay Financial offers online banking services for businesses. Yes, it is free. But, is it the right platform for you? Find out.

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CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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