Credit Compound

Lili

Lili Business Banking

Tiered banking with tax buckets, accounting software, and a $200 overdraft cushion

7.5
Our Rating
APY
Savings pays 2.25% up to $500k and 4.00% on the portion from $500k to $1M (effective 1/13/2026)
Monthly Fee
$0 (Core)
Minimum to Open
None
ATM Access
Free at 40,000+ MoneyPass ATMs; $2.50 out-of-network plus operator fees

Insurance: FDIC insured up to $3 million through Sunrise Banks, N.A. and its sweep network

Plan Options

Core

$0

  • Business checking with Visa debit, ACH, checks, and wires
  • Access to the Lili savings account
  • E-commerce integrations and 7-day support

Pro

$15 ($9/mo for first 3 months)

  • Tax categorization, receipt attachment, and automatic tax savings bucket
  • Quarterly and annual expense reports
  • BalanceUp fee-free overdraft up to $200 on debit purchases

Smart

$35 ($21/mo for first 3 months)

  • Full accounting software with AI categorization, P&L, and cash flow reports
  • Invoicing with payment tracking
  • Bill management with auto-scan

Premium

$55 ($33/mo for first 3 months)

  • Metal debit card
  • Dedicated specialist support 7 days a week

Features

  • Automatic tax bucket sets aside a percentage of every deposit (Pro and up)
  • Savings on all plans paying 2.25% up to $500k
  • BalanceUp overdraft up to $200 with qualifying deposits (Pro and up)
  • Early direct deposit up to 2 days
  • Cash deposits at 90,000+ Green Dot retail locations (~$4.95 fee)
  • Square, Shopify, Etsy, and eBay integrations

Pros

  • +Savings APY now available on every plan, including free Core
  • +$3M FDIC sweep coverage
  • +BalanceUp is a rare fee-free overdraft in business banking
  • +Tax bucket automation rivals Found at a lower paid-tier price

Cons

  • Real prices ($15/$35/$55) are masked by 3-month intro pricing
  • Invoicing and accounting need the $35 Smart tier
  • No fee-free cash deposits and out-of-network ATM fees
  • No employee debit card spend controls

Our Take

Lili packs a lot into the ladder: tax buckets, real accounting software, even a $200 overdraft cushion. The savings rate going plan-agnostic makes free Core a respectable yield play at 2.25%, with $3M sweep coverage behind it. Just price the tiers at their post-intro rates before committing, because $55 a month for a metal card is not a business expense, it is a vanity one.

Best for: Solo owners who want tax automation plus accounting in one subscription

Open at Lili

Last verified 2026-06-11

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