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Lili

Lili Business Banking

By Alex Compton · Last verified

Free Core banking and savings with optional tax and accounting subscriptions

7.5
Our Rating
APY / yield
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 MoneyPass ATMs; $2.50 domestic out-of-network or $5 international, plus operator fees

Insurance: Eligible deposits up to $3 million through Sunrise Banks and sweep banks, subject to program conditions and other deposits at the same banks

Account Terms History

A dated record of APY, fees and opening requirements. New changes append to this table; prior terms remain visible.

ObservedAPY / yieldMonthly feeMinimumEvidence
2026-10-23Savings pays 2.25% up to $500k and 4.00% on the portion from $500k to $1M (effective 1/13/2026)$0 (Core)NoneLili agreement, fee schedule and linked primary disclosures →Scoped review added standard annual pricing and refund limitations, qualified BalanceUp eligibility and limits, corrected international ATM fees, and replaced the unsupported no-team-controls claim. Savings tier disclosure reconfirmed; October 12 full-record date and previous observations preserved.
2026-10-12Savings pays 2.25% up to $500k and 4.00% on the portion from $500k to $1M (effective 1/13/2026)$0 (Core)NoneLili plans page and Sunrise Banks account agreement fee schedule →Reconfirmed plan pricing, 2.25%/4.00% savings APY (effective 1/13/2026), $3M FDIC via Sunrise Banks sweep, MoneyPass network and $2.50 out-of-network ATM fee
2026-06-11Savings pays 2.25% up to $500k and 4.00% on the portion from $500k to $1M (effective 1/13/2026)$0 (Core)NoneArchive record · no attached snapshotLegacy snapshot before event-level evidence attachments

Primary-source verification log

Append-only evidence ledger
  1. changed

    Scoped annual-pricing, refund, ATM, BalanceUp and team-control corrections; retained October 12 full-record date and previous term history.

    Fields: plans, atm, fdic, features, pros, cons, tagline, ourTake, termHistory

    Lili account agreement and linked primary disclosures →
  2. confirmed

    For LLC guide: confirmed Core no-monthly-fee tier, Pro tax savings and Smart accounting; no full-review verification reset.

    Lili current plan features →
  3. confirmed

    Reconfirmed plan pricing, 2.25%/4.00% savings APY (effective 1/13/2026), $3M FDIC via Sunrise Banks sweep, MoneyPass network and $2.50 out-of-network ATM fee

    Lili plans page and Sunrise Banks account agreement fee schedule →
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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/month or $144/year; temporary introductory discounts may apply

  • ▸Tax categorization, receipt attachment, and automatic tax savings bucket
  • ▸Quarterly and annual expense reports
  • ▸Optional BalanceUp for eligible debit purchases; discretionary limit generally $0-$200

Smart

$35/month or $336/year; temporary introductory discounts may apply

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

Premium

$55/month or $528/year; temporary introductory discounts may apply

  • ▸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 requires paid-plan eligibility and opt-in; debit-purchase coverage is discretionary, generally $0-$200
  • ▸Early direct deposit up to 2 days
  • ▸Cash deposits at participating Green Dot retailers; fees up to $4.95 and deposit limits apply
  • ▸Square, Shopify, Etsy, and eBay integrations
  • ▸Role-based team access and dedicated debit cards with configurable limits and categories

Pros

  • +Savings APY now available on every plan, including free Core
  • +$3M FDIC sweep coverage
  • +Eligible paid-plan customers may access discretionary BalanceUp without an overdraft fee
  • +Paid plans combine tax categorization, reports and automatic tax saving

Cons

  • −Paid subscriptions add ongoing costs; annual billing has limited refund rights
  • −Invoicing and broader accounting require Smart or Premium
  • −Retail cash deposits and out-of-network ATM withdrawals can add fees
  • −BalanceUp is discretionary and does not guarantee a $200 limit or payment

Our Take

Lili Core combines business checking with separate savings without a monthly subscription. Paid plans add tax tools, accounting, invoicing and service features, so choose them for work they replace rather than for access to the savings rate. Compare standard monthly and annual prices after introductory discounts. BalanceUp is optional and discretionary, while cash deposits and some payments carry separate fees. Team access and debit-card controls are available; confirm the configuration that fits your business.

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

Open at Lili →

Last verified 2026-10-12

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