Relay is built for owners who run their business on the Profit First or envelope-budget method — open up to 20 checking accounts and 50 debit cards in one place.
PickYourBank Rating
9.3
Overall
9.6
APY
9.6
Fees
9.0
App
9.1
Tools
20
Checking accounts
50
Debit cards
$0
Monthly fees
$3M
FDIC coverage
Relay was designed for business owners who want to separate their money by purpose — taxes, payroll, operating cash, profit — instead of running everything from one account.
Banking services are provided by Thread Bank, Member FDIC, with deposits insured up to $3M through the IntraFi network.
Founded
—
HQ
U.S.
Charter
FDIC-insured
Reach
Nationwide
Built for businesses
Sole props, LLCs, S-corps and C-corps welcome
FDIC insured
Funds held at partner banks, insured up to $250K+
Fast onboarding
Open an account online in minutes — no branch visit
Modern dashboard
Invoicing, expenses, virtual cards & integrations
Here's what Relay offers and who each product is best for.
Multi-account checking on one dashboard.
Up to 20 checking accounts · 50 debit cards · $0 fees
For teams that need more control.
Same-day ACH + automated AP workflows
5–10 minutes online — no minimum deposit required for most plans.
Upload formation docs (LLC, corp, sole prop) and government ID.
Receive routing & account numbers, plus a debit card by mail.
Sync with QuickBooks, Stripe, Shopify and start paying vendors.
Relay is a financial technology platform that partners with FDIC-insured banks to provide banking services. Your deposits are held at the partner bank and insured up to $250,000.
Relay's core business checking account has no monthly maintenance fees on the standard plan. Premium tiers with extra features may carry a small monthly fee.
Yes. You'll receive a physical debit card by mail and can also create unlimited virtual cards for online purchases and subscription management.
Yes. Most popular integrations include QuickBooks, Xero, Stripe, Shopify, PayPal and Square.
U.S.-based sole proprietors, LLCs, partnerships, S-corps and C-corps. You'll need an EIN (or SSN for sole props) and a government-issued ID.
If you run your business with separate accounts for taxes, payroll, and profit, Relay is the cleanest way to do it without juggling logins.
Advertiser disclosure: PickYourBank.com may receive compensation when you open an account through our links. This never influences our ratings or recommendations.
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