Lili vs SunTrust Bank
Lili is an all-in-one account for small business owners to manage expenses and taxes. How does it compare to SunTrust 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 SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.
Compare Lili with SunTrust Bank, side-by-side.
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| Visit Site | Learn More | |
Lili | SunTrust Bank | |
|---|---|---|
Free Checking Account for Small Business Owners - | ||
Benefits and Features | ||
| Savings | Savings with up to 4.00% APY on balances up to $1,000,000 | 0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates. |
| CD | 0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days. | |
| Checking | No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees | |
| Monthly Fee | ||
| Money Market | Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained. | |
| APY | ||
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | approximately 40,000 MoneyPass ATMs | More than 2160 ATMs across 11 southeastern states and Washington DC. |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | 24/7 Telephone and Automated Customer Service | |
| Incoming Wire Transfer Fee | ||
| IRA CD | Terms ranging from 1 - 10 years. | |
| Locations | 1400 bank branches across 11 southeastern states and Washington D.C. | |
| 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 | | |
| Pros & Cons | Pros:
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| Bottom Line | All-in-one account for small business owners to manage expenses and taxes... | |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 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
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
Which Do You Think is Best?
Which Bank Account is Right for You?
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