Lili vs KeyBank
Lili is an all-in-one account for small business owners to manage expenses and taxes. How does it compare to KeyBank? Read our comparison chart below.
Lili is built for small business owners, offering a platform that combines business banking, accounting, invoicing, and tax preparation tools in one place. The basic account has no monthly fees or minimum balance requirements.
While KeyBank has over 1,000 branches in 15 states. It offers a range of checking and savings accounts. Some relationship products offer perks like lower loan rates and higher savings APY. KeyBank has higher monthly service fees and heavier requirements to waive, but there is a free checking option.
Compare Lili with KeyBank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
Lili | KeyBank | |
|---|---|---|
Free Checking Account for Small Business Owners - | Key Select Checking® - $500 Bonus - | |
Benefits and Features | ||
| Savings | Savings with up to 4.00% APY on balances up to $1,000,000 | 0.01% APY. $10 minimum opening deposit. $4 monthly maintenance fee unless you are an owner of a KeyBank consumer checking account. |
| CD | Standard Term CD: 0.05% APY. Terms of 7 days to 10 years. Minimum deposit of $2,500. | |
| Checking | No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees | |
| Monthly Fee | ||
| Money Market | 1.90% blended APY on balances of $25,000 or more. $5,000 minimum opening deposit. Monthly maintenance charge of $20. Can be waived with $25,000 daily balance OR having a relationship package checking account. | |
| APY | ||
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | approximately 40,000 MoneyPass ATMs | 40,000+ KeyBank and Allpoint ATMs nationwide |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | Telephone Service available 24/7 | |
| Incoming Wire Transfer Fee | ||
| Locations | 1,000+ branches in 15 states: Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington. | |
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Minimum Deposit | | |
| Checking | |  |
| Fees | | |
| Mobile App | | |
| Customer Service | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | All-in-one account for small business owners to manage expenses and taxes... | Bank with a variety of deposit products and great financial tools... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. KeyBank: Pricing information from published website as of 04/28/2026 based on 44114 zip code. | ||
Free Checking Account for Small Business Owners
- Sign up in 3 minutes; no credit check
- No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
- Automatic Savings
- Get paid up to 2 days early
- Savings with up to 4.00% APY
Free Checking Account for Small Business Owners
- $0 monthly service fees
- $0 minimum opening deposit
- No minimum balance requirement
- No foreign exchange fee
- Get direct deposits up to 2 days earlier
- Savings with up to 4.00% APY
Free Checking Account for Small Business Owners
- $0 monthly service fees
- Automatic Savings
- Free withdrawals at approximately 40,000 ATMs
- Get direct deposits up to 2 days earlier
- No foreign transaction fees
- Savings with up to 4.00% APY
Key Select Checking® - $500 Bonus
- Open a Key Select Checking® account online by May 22, 2026.
- Make the minimum opening deposit of $50 and make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $500 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
Key Smart Checking® - $300 Bonus
- Open a Key Smart Checking® account online by May 22, 2026.
- Make the minimum opening deposit of $10 and a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $300 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
Which is Better: Lili or KeyBank?
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 Novo.
In short: Lili's savings and checking are worth mentioning. In particular, the checking is outstanding.
Articles on Lili
Lili Review
Articles on KeyBank
KeyBank Review
KeyBank Routing Number
Which Do You Think is Best?
Which Bank Account is Right for You?
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