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Lili vs Santander Bank

Lili is an all-in-one account for small business owners to manage expenses and taxes. How does it compare to Santander Bank? 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 Santander Bank has over 600 branches in the Northeast. Offers a range of checking and savings accounts, with simple requirements to waive service fees. High balance customers can earn higher interest. Their CDs offer high a APY with $500 minimum opening deposit.

Compare Lili with Santander Bank, side-by-side.

 Lili
 Visit SiteLearn More
 

Lili

Santander Bank

SPECIAL OFFER
Free Checking Account for Small Business Owners - Learn More

Read Lili Review

SPECIAL OFFER
10-Month CD - 3.75% APY - Learn More

 

Benefits and Features

SavingsSavings with up to 4.00% APY on balances up to $1,000,0000.01% APY. $25 Minimum opening deposit. $1 monthly fee, unless 1) You have a Santander Checking Account, or have 2) $100 average daily balance in your savings account 3) If any owner on the account is under age 26.
CD 3.50% and 3.75% APY for 10 and 14 months, respectively. Minimum deposit of $500, with Santander Checking Account.
CheckingNo monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees 
Monthly Fee
$0
 
Money Market 0.03% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.
APY
N/A
 
Minimum Deposit to Open
$0
 
ACH Transfer Fee
$0
 
ATMsapproximately 40,000 MoneyPass ATMsOver 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations
Balance Requirement
$0
 
Cash Deposit Fee
Up to $4.95
 
Customer Service
Monday–Friday, 9 AM–8 PM EST
Mon-Sun 8:00 am - 8:00 pm (ET) (excluding Christmas Day)
Incoming Wire Transfer Fee
$0 ($15 for international)
 
Locations
Online only
405 branches in the US
Out of Network ATM Fee
$2.50 ($5 for international)
 
Outgoing Wire Transfer Fee
$15 ($25 for international)
 
Overdraft Fee
$0
 
 

CreditDonkey® Reviews

 Lili
SavingsStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarStarStar
FeesStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • No monthly fees
  • Expense tracking
  • Save for taxes
Cons:
  • Best features only for paid Lili plans
  • Fee to deposit cash
Bottom LineAll-in-one account for small business owners to manage expenses and taxes... Read full review
 Visit SiteLearn More

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

Santander Bank: Pricing information from published website as of 06/05/2026 based on 02109 zip code.

Lili

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
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Lili

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
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Lili

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
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC

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.


Articles on Lili

Lili Review

Lili offers free business checking with a debit card and automatic savings. Review its features, pros and cons to see if it fits your business.

Which Do You Think is Best?





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