Bluevine Vs. Lili
Compare Bluevine and Lili for your business banking needs. Bluevine offers modern digital solutions, competitive rates, and innovative features. Lili provides a simplified banking experience for freelancers and independent workers. Explore their unique offerings to choose the best fit for your business.
General Details
Monthly Fee
$0
$0 / $9 / $20 / $35 *According to plan
Interest bearing
2.0% APY on positive checking account balances. Requirements: $500 debit spending or $2500 monthly deposits.
N/A
Billpay
Banking Partner
Middlesex Federal Savings, Member FDIC
Choice Financial Group, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$0
Mandatory first deposit
$0
$0
Overdraft Fees
$0
No overdraft fees up to $200
*Available on $9 plan and up
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free on Moneypass ATMs, $2.5 fee on out-of-network ATMs
Free on Moneypass ATMs, $2.5 fee on out-of-network ATMs
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire $15
Incoming Wire $0
Outgoing Wire N/A
Card
Bluevine Business Debit Mastercard
Lili Business Debit Visa
Sub Accounts
Up to 5 sub-accounts
1 account only
Savings Account
Saving feature in integrated in funds deposited in checking accounts with 2.0% APY on positive checking account balances.
Available with $9 plan and up. 2.0% APY is valid only for funds deposits in designated savings account
Cash Deposit
Available with a $4.95 fee per deposit
Available with a $4.95 fee per deposit
Loans
Invoice Management
Available on $9 plan and up
Billpay
Integrations
Quickbooks,Xero,Square, Venmo, and Expensify.
Quickbooks, Venmo, Shopify, Cash App, Stripe, PayPal, and Expensify.
Bottom Line
Why?
Bluevine emerges as the winner in this comparison against Lili for business banking solutions. With its robust bill pay system and competitive 2.0% APY on deposited funds, Bluevine streamlines financial operations and promotes financial growth. It stands out for being completely free, eliminating unnecessary fees and expenses.
Lili offers a simplified banking experience tailored for freelancers and independent workers. With a user-friendly interface and specialized features, Lili simplifies financial management for this niche audience. While Bluevine offers comprehensive services and competitive rates, Lili focuses specifically on meeting the needs of freelancers, providing convenience and ease of use.
Editorial Score
Winner!
Bluevine Vs. Lili
Compare Bluevine and Lili for your business banking needs. Bluevine offers modern digital solutions, competitive rates, and innovative features. Lili provides a simplified banking experience for freelancers and independent workers. Explore their unique offerings to choose the best fit for your business.
General Details
Monthly Fee
$0
$0 / $9 / $20 / $35 *According to plan
Interest bearing
2.0% APY on positive checking account balances. Requirements: $500 debit spending or $2500 monthly deposits.
N/A
Billpay
Banking Partner
Middlesex Federal Savings, Member FDIC
Choice Financial Group, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$0
Mandatory first deposit
$0
$0
Overdraft Fees
$0
No overdraft fees up to $200
*Available on $9 plan and up
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free on Moneypass ATMs, $2.5 fee on out-of-network ATMs
Free on Moneypass ATMs, $2.5 fee on out-of-network ATMs
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire $15
Incoming Wire $0
Outgoing Wire N/A
Card
Bluevine Business Debit Mastercard
Lili Business Debit Visa
Sub Accounts
Up to 5 sub-accounts
1 account only
Savings Account
Saving feature in integrated in funds deposited in checking accounts with 2.0% APY on positive checking account balances.
Available with $9 plan and up. 2.0% APY is valid only for funds deposits in designated savings account
Cash Deposit
Available with a $4.95 fee per deposit
Available with a $4.95 fee per deposit
Loans
Invoice Management
Available on $9 plan and up
Billpay
Integrations
Quickbooks,Xero,Square, Venmo, and Expensify.
Quickbooks, Venmo, Shopify, Cash App, Stripe, PayPal, and Expensify.
Bottom Line
Bluevine emerges as the clear winner in this comparison against Lili for business banking solutions. While Lili provides a simplified banking experience for freelancers and independent workers, Bluevine’s robust bill pay system, competitive 2.0% APY on deposited funds, and the absence of any charges give it a significant edge. Bluevine’s comprehensive offerings and cost-effectiveness make it the preferred choice for businesses seeking a versatile and feature-rich banking solution.