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Lili vs Copper

Lili is a mixed-use account for small business owners to help manage expenses and taxes. How does it compare to Copper? Read our comparison chart below.

Lili is designed for sole proprietors and single-member LLCs. It helps you prepare for taxes with a write-off tracker, automated tax savings, and pre-filled tax forms. The Lili basic account has no monthly fees or minimums.

While Copper offers banking and investing for kids 6-18. Features include debit cards for up to 5 kids, up to 5% savings rewards, and automatically managed portfolios. Starts from $4.95 per month.

Compare Lili with Copper, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Lili
 Visit SiteLearn More
 

Lili

Copper

SPECIAL OFFER
Free Checking Account for Sole Proprietors and Single-Member LLC - Learn More

Read Lili Review

SPECIAL OFFER
Teen Banking - Learn More

Read Copper Review

 

Benefits and Features

SavingsEmergency Bucket for all users; Lili Pro users also get an Emergency Bucket with 4.15% APYCreate savings goals; 2% savings rewards for Copper Basic Plan, 5% savings rewards for Copper Pro Plan on Savings Balances up to $5,000 per family.
CheckingNo monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
0.001% APY; no overdraft fees
Monthly Fee
$0
Copper Basic Plan: $4.95 per month
Copper Pro Plan: $7.95 per month
Kids Debit Card 
Check
APY
N/A
 
Minimum Deposit to Open
$0
$0
Mobile App 
iOS & Android
ACH Transfer Fee
$0
 
ATMs
38,000+ MoneyPass ATMs
Free access to 55,000+ Allpoint ATMs
Balance Requirement
$0
 
Cash Deposit Fee
$4.95
 
Customer Service
Monday – Friday 9am – 7pm EST
 
Incoming Wire Transfer Fee
$0
 
Locations
Online only
 
Out of Network ATM Fee
$2.50 ($5 for international)
 
Outgoing Wire Transfer Fee
N/A
 
Overdraft Fee
$0
 
 

CreditDonkey® Reviews

 Lili
SavingsStarStarStarEmpty StarEmpty StarStarStarHalf StarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStarStarStarStarStarStar
CheckingStarStarStarStarStarStarStarStarHalf StarEmpty Star
FeesStarStarStarStarStar
Mobile AppStarStarStarStarHalf StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
PriceStarStarStarStarHalf Star
Ease of UseStarStarStarStarStar
EducationStarStarStarStarStar
Pros & ConsPros:
  • No monthly fees
  • Expense tracking
  • Save for taxes
Cons:
  • Best features only for paid Lili plans
  • No checks
  • Fee to deposit cash
Pros:
  • No minimum deposit required
  • Earn rewards with quizzes
Cons:
  • Low savings interest rate
  • Limited customer service
  • No foreign transactions
Bottom LineMixed-use account for small business owners to help manage expenses and taxes... Read full reviewTeaches kids and teens responsible saving, spending, and investing... Read full review
 Visit SiteLearn More

Teen Banking

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Copper: Pricing information from published website as of 05/01/2022

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
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • $0 minimum opening deposit
  • No minimum balance requirement
  • No foreign exchange fee
  • Get direct deposits up to 2 days earlier
Banking services provided by Choice Financial Group, Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • Automatic Savings
  • Free withdrawals at 38k ATMs
  • Get direct deposits up to 2 days earlier
  • No foreign transaction fees
Banking services provided by Choice Financial Group, Member FDIC

Which is Better: Lili or Copper?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Lili or Chase.

In short: Lili's checking and customer service are worth mentioning. In particular, the checking is outstanding.


Articles on Lili

Lili Review

Lili offers a free business checking account with tax planning and expense tracking tools. Review the features to find out if Lili is worth it.

Articles on Copper

Copper Debit Card

Copper Banking is a banking and investing platform to teach kids and teens financial literacy. Discover its features, pros, and cons in this review.

Is Copper Banking Legit

Copper Banking is a banking and debit card app built with teens in mind. But is it legit? Read on to find out.

Which Do You Think is Best?





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