Relay business account review

Snapshot

Relay is a United States business banking and money management platform built around organising cash across many accounts, with a free Starter plan and paid tiers, aimed at small businesses that want clear control of cash flow.

Who it suits: United States small businesses that want to separate money across multiple accounts and manage cash flow and spending in one place
Broadly available in: The United States only
Headline monthly fee: Starter is free. Grow is 30 dollars per month. Scale is 120 dollars per month, shown at 90 dollars under a limited time discount. As of 11 October 2026. Verify with Relay
Account type: United States business banking platform with deposit accounts held at Thread Bank, Member FDIC

Fees and features as of 11 October 2026Last updated 11 October 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Relay suits a United States small business that wants to split money across several accounts, set card spending limits for a team and keep a clear view of cash flow. The Starter plan is free, with paid tiers adding automation and higher yields. It is available only in the United States, so it is not an option for businesses based elsewhere.

Overview

Relay is a financial technology company that offers business banking and money management to United States small businesses. Its signature feature is the ability to open many checking and savings accounts and route money between them, which makes it popular with owners who follow envelope style cash management methods. Banking services and deposit accounts are provided by Thread Bank, Member FDIC, rather than by Relay itself. The platform layers in cards with spending limits, receipt capture, bill payment and accounting connections.

Strengths

The multiple account structure is the standout. A business can set aside money for taxes, payroll and operating costs in separate accounts without opening them one by one elsewhere. The Starter plan has no monthly fee, no minimum balance and no overdraft fees, and cards can carry individual limits, which helps owners delegate spending with control. Paid plans add automation and higher savings yields for businesses that need them.

Limitations

Relay is United States only, so it does not serve businesses based in other countries. It is focused on United States dollar banking rather than holding many currencies, so a company with heavy foreign currency needs may look elsewhere. Relay is not a bank. FDIC coverage of up to 3,000,000 dollars relies on a Thread Bank sweep arrangement and on pass through conditions being met. Confirm the current terms with Relay.

Fees and features

All figures as of 11 October 2026. Verify current terms with Relay.
Monthly fee	Starter is free. Grow is 30 dollars per month. Scale is 120 dollars per month, shown at 90 dollars under a limited time discount. As of 11 October 2026. Verify current pricing with Relay
Transaction fees	No monthly subscription fee, no minimum balance and no overdraft fees on the Starter plan. Some payment types may carry charges. Verify with Relay
FX fees	Relay is United States dollar focused. International wires are provided by Community Federal Savings Bank, and Relay states that additional transaction fees apply. Verify with Relay
Minimum deposit	No minimum balance required. Verify with Relay
Multi currency	United States dollar focused, with international wire payments available. Verify supported options with Relay
Integrations	Accounting connections, receipt capture, bill payment and cards with spending limits. Verify the current list with Relay
Eligibility	Businesses registered in the United States, with an employer identification number (EIN). Verify the current requirements with Relay

Open a Relay business account

Relay serves businesses in the United States. Fees and features shown as of 11 October 2026. Confirm current terms with the provider before applying.

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Relay by country

Relay operates in the United States only as of 11 October 2026. See the related guides below for that market.

Questions about Relay

Where is Relay available?

Relay serves businesses in the United States. It is not offered to businesses outside the United States. Verify current eligibility with Relay. As of 11 October 2026.

Does Relay charge a monthly fee?

Relay offers a free Starter plan with no monthly fee, no minimum balance and no overdraft fees, plus paid Grow at 30 dollars and Scale at 120 dollars per month that add more features. Confirm current pricing with Relay. As of 11 October 2026.

How many accounts can I open with Relay?

Relay is built around organising cash across multiple accounts. The Starter plan supports up to twenty checking accounts and two savings accounts, with cards that carry spending limits. Verify the current limits with Relay. As of 11 October 2026.

Is Relay a bank?

Relay is a financial technology company rather than a bank. Banking services are provided by Thread Bank, Member FDIC. Relay states deposits can qualify for up to 3,000,000 dollars of FDIC coverage through a sweep arrangement, subject to conditions. Verify the current coverage and provider details with Relay. As of 11 October 2026.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with Relay before applying.