Relay Small Business Checking & Automated Savings

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About Relay Financial Business Banking

The Relay Small Business Checking & Automated Savings from Relay Financial is one of the top-rated Business Banking options evaluated on MoneyCompared, earning an overall product score of 9.4/10. Relay Financial is the official Profit First small business banking platform in the U.S. (FDIC insured up to $3M via Thread Bank), letting business owners open up to 20 individual checking accounts with unique routing/account numbers, issue 50 virtual or physical Visa debit cards, and earn up to 3.00% APY on automated business savings.
Key highlights include 1.00% - 3.00% APY on Business Savings, a fee structure of $0 Monthly Fee (Standard), and Open up to 20 checking accounts + 50 Visa debit cards.

Features

Annual Fee $0 Monthly Fee (Standard)
Regular APR / Rate 1.00% - 3.00% APY on Business Savings
Intro Offer / Welcome Bonus Open up to 20 checking accounts + 50 Visa debit cards
Savings APY / AER Up to $3M FDIC coverage via Thread Bank + official Profit First automation
Minimum Deposit $0 Minimum Deposit
Foreign Transaction Fee $0 (None)
Deposit Insurance FDIC / NCUA Insured ($250k+)
Mobile App Rating 4.8 / 5.0
Overall Rating 9.4 / 10

About Product

  • Annual / Monthly Fee: $0 Monthly Fee (Standard)
  • APR / APY Rate: 1.00% - 3.00% APY on Business Savings
  • Intro Offer / Bonus: Open up to 20 checking accounts + 50 Visa debit cards
  • Key Benefits: Up to $3M FDIC coverage via Thread Bank + official Profit First automation
  • Minimum Requirement: $0 Minimum Deposit
  • Institution: Relay Financial (New York, NY, USA)

Pros

  • Rate / APY / APR: 1.00% - 3.00% APY on Business Savings
  • Fee Structure: $0 Monthly Fee (Standard)
  • Welcome Offer / Highlight: Open up to 20 checking accounts + 50 Visa debit cards
  • Key Perks: Up to $3M FDIC coverage via Thread Bank + official Profit First automation

Cons

  • Minimum Requirement: $0 Minimum Deposit
  • Subject to Relay Financial credit or account eligibility terms

Ready to check your rate for Relay Small Business Checking & Automated Savings?

Visit the official Relay Financial website to view current terms, eligibility, and apply online.

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