Relay vs Associated Bank

Relay is an one of the best online business banking accounts for large teams. How does it compare to Associated Bank? Read our comparison chart below.

Relay lets you open up to 20 individual business checking accounts and 50 debit cards at no extra charge. There's also free cash deposits and free mailed checks through the app. There's no monthly fee.

While Associated Bank has 230 locations in the Midwest and is known for strong community relationships. Offers 2 checking accounts with ways to waive fees, and premium rates if you open both a checking and savings account. Special Term CD offers a high rate with a $5,000 minimum opening deposit.

Compare Relay with Associated Bank, side-by-side.

	Relay	Associated Bank

	Visit Site	Learn More
	SPECIAL OFFER No-Fee Business Checking - Learn More Read Relay Review	SPECIAL OFFER 7-Month CD - 4.10% APY - Learn More
	Benefits and Features
Savings	Earn up to 2.68% APY. Earn 0.91% APY on Starter Plan, 1.55% APY on Grow Plan, and 2.68% APY on Scale Plan.
Checking	Up to 20 individual business checking accounts; no monthly fees; no overdraft fees
Monthly Fee	$0
APY	N/A
Minimum Deposit to Open	$0
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	$8 for domestic; $5 (Local Network), $25 (SWIFT Network) for international
Overdraft Fee	$0
	CreditDonkey® Reviews

Checking
Fees
Mobile App
Customer Service
Pros & Cons	Pros: Up to 20 checking accounts Up to 50 debit cards $0 monthly fee Earn interest with automated savings Cons: No paper checks
Bottom Line	One of the best online business banking accounts for large teams... Read full review
	Visit Site	Learn More
	No-Fee Business Checking 25% Discount on Scale Plan	7-Month CD - 4.10% APY 13-Month CD - 2.50% APY 12-Month CD - 1.00% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Associated Bank: Pricing information from published website as of 01/18/2026.

No-Fee Business Checking

$0 monthly service fee
$0 minimum opening deposit
Open up to 20 individual business checking accounts
Earn up to 2.68% APY with automated savings
Issue up to 50 Visa® debit cards to your team

Banking services provided by Thread Bank, Member FDIC.

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25% Discount on Scale Plan

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Get Scale Plan for $90/month instead of $120/month. This offer is for a limited time only and may change without notice.

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