Relay vs Lili

Relay is an one of the best online business banking accounts for large teams. How does it compare to Lili? 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 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.

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

	Relay	Lili

	Visit Site	Visit Site
	SPECIAL OFFER No-Fee Business Checking - Learn More Read Relay Review	SPECIAL OFFER Free Checking Account for Small Business Owners - Learn More Read Lili Review
	Benefits and Features
Savings	Earn up to 3.76% APY: Earn 1.75% APY on monthly average savings balances of less than $10,000, 2.75% APY on monthly average savings balances between $10,000 and $50,000, and 3.76% APY on monthly average savings balances of more than $50,000.	Emergency Bucket for Lili Basic users; Lili Pro users get Savings with 3.00% APY on balances up to $1,000,000
Checking	Up to 20 individual business checking accounts; no monthly fees; no overdraft fees	No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees
Monthly Fee	$0	$0
APY	N/A	N/A
Minimum Deposit to Open	$0	$0
ACH Transfer Fee	$0	$0
ATMs	55,000+ AllPoint ATMs	approximately 40,000 MoneyPass ATMs
Balance Requirement	None	$0
Cash Deposit Fee	$0 for cash deposits at Allpoint ATMs	Up to $4.95
Customer Service	Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday	Monday–Friday, 9 AM–8 PM EST
Incoming Wire Transfer Fee	$0	$0 ($15 for international)
Locations	Online only	Online only
Out of Network ATM Fee	Fee from ATM owner	$2.50 ($5 for international)
Outgoing Wire Transfer Fee	$5 for domestic; $10 for international	$15 ($25 for international)
Overdraft Fee	$0	$0
	CreditDonkey® Reviews

Checking
Fees
Mobile App
Customer Service
Savings
Minimum Deposit
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	Pros: No monthly fees Expense tracking Save for taxes Cons: Best features only for paid Lili plans Fee to deposit cash
Bottom Line	One of the best online business banking accounts for large teams... Read full review	Mixed-use account for small business owners to help manage expenses and taxes... Read full review
	Visit Site	Visit Site
	No-Fee Business Checking	Free Checking Account for Small Business Owners Lili Pro Business Checking

No-Fee Business Checking

$0 monthly service fee
$0 minimum opening deposit
Open up to 20 individual business checking accounts
Earn up to 3% 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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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

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

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