Relay vs NorthOne
Relay is an one of the best online business banking accounts for large teams . How does it compare to NorthOne? 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 NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.
Compare Relay with NorthOne, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Relay | NorthOne | |
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No-Fee Business Checking - | NorthOne Free Business Banking - | |
Benefits and Features | ||
Savings | Earn up to 3% APY: Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. | No savings account, but you can create unlimited envelopes for savings goals |
Checking | Up to 20 individual business checking accounts; no monthly fees; no overdraft fees | $0 monthly fee; no balance requirements |
Monthly Fee | ||
APY | ||
Minimum Deposit to Open | ||
ACH Transfer Fee | ||
ATMs | ||
Balance Requirement | ||
Cash Deposit Fee | $0 for cash deposits at Allpoint ATMs | |
Customer Service | Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. |
Incoming Wire Transfer Fee | ||
Locations | ||
Out of Network ATM Fee | ||
Outgoing Wire Transfer Fee | $5 for domestic; $10 for international | |
Overdraft Fee | ||
CreditDonkey® Reviews | ||
Checking | ||
Fees | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | One of the best online business banking accounts for large teams... | Good business banking features and tools with no monthly fees... |
Visit Site | Visit Site | |
NorthOne: Information sourced from the published website as of 03/05/2024. |
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
NorthOne Free Business Banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Automate your bill payments
- $50 minimum opening deposit
NorthOne Plus Business Banking
- Priority email/chat support
- Dedicated relationship manager
- Implementation and onboarding assistant
- $0 same-day ACH payments, bill payments, and physical checks
- Lowest transaction fees
- $50 minimum opening deposit
- $20 monthly fee
Business Referral Program - $50 Bonus
Earn $50 for every referral who successfully opens a qualifying business account, and completes all qualifying requirements. Referred clients will get $50 in bonus.
Which is Better: Relay or NorthOne?
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 Chase.
In short: Relay's checking and fees are excellent. NorthOne's customer service is impressive.