Lili vs Relay

Lili is a mixed-use account for small business owners to help manage expenses and taxes. How does it compare to Relay? Read our comparison chart below.

Lili is designed for sole proprietors and single-member LLCs. It helps you prepare for taxes with a write-off tracker, automated tax savings, and pre-filled tax forms. The Lili basic account has no monthly fees or minimums.

While 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.

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

	Visit Site	Visit Site
	Lili	Relay
	SPECIAL OFFER Free Checking Account for Small Business Owners - Learn More Read Lili Review	SPECIAL OFFER No-Fee Business Checking - Learn More Read Relay Review
	Benefits and Features
Savings	Emergency Bucket for all users; Lili Pro users also get an Emergency Bucket with 3.65% APY	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.
Checking	No monthly fees; no balance requirements; no overdraft fees; no foreign transaction fees	Up to 20 individual business checking accounts; no monthly fees; no overdraft fees
Monthly Fee	$0	$0
APY	N/A	N/A
Minimum Deposit to Open	$0	$0
ACH Transfer Fee	$0	$0
ATMs	approximately 40,000 MoneyPass ATMs	55,000+ AllPoint ATMs
Balance Requirement	$0	None
Cash Deposit Fee	Up to $4.95	$0 for cash deposits at Allpoint ATMs
Customer Service	Monday – Friday 9am – 7pm EST	Phone: Monday - Friday, 9 am - 5 pm ET; Email: Everyday
Incoming Wire Transfer Fee	$0	$0
Locations	Online only	Online only
Out of Network ATM Fee	$2.50 ($5 for international)	Fee from ATM owner
Outgoing Wire Transfer Fee	N/A	$5 for domestic; $10 for international
Overdraft Fee	$0	$0
	CreditDonkey® Reviews
Savings
Minimum Deposit
Checking
Fees
Mobile App
Customer Service
Pros & Cons	Pros: No monthly fees Expense tracking Save for taxes Cons: Best features only for paid Lili plans Fee to deposit cash	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	Mixed-use account for small business owners to help manage expenses and taxes... Read full review	One of the best online business banking accounts for large teams... Read full review
	Visit Site	Visit Site
	Free Checking Account for Small Business Owners Lili Pro Business Checking	No-Fee Business Checking

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

Get Started

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

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

Get Started

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

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

Get Started

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 and Evolve Bank & Trust; Members FDIC.

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Which is Better: Lili or Relay?

Still need help deciding which business card 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 a free business checking account with tax planning and expense tracking tools. Review the features to find out if Lili is worth it.

• Lili vs Novo
• Lili vs Bluevine
• Lili vs Chime

Articles on Relay

Relay Financial Review

Relay Financial offers online banking services for businesses. Yes, it is free. But, is it the right platform for you? Find out.

Which Do You Think is Best?

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