Relay Vs. Chase
Compare Relay and Chase for business banking solutions. Relay stands out with its modern features and intuitive platform, while Chase offers comprehensive services and a well-established reputation. Explore their unique offerings and considerations to make an informed choice for your business’s banking needs.
Advertiser Disclosure
Top10BusinessBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.
Please note:
- All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
- We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.
General Details
Monthly Fee
$0 / $30 (pro)
$15 / $30 / $95
*According to plan
Number of Accounts Available
Up to 20 checking accounts
Single checking account
Accounts payable automation
Available for Relay Pro plan ($30 per month)
Banking Partner
Evolve Bank & Trust and Thread Bank, Members FDIC
Chase Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$2000
Overdraft Fees
$0
$34
Early Account closing Fee
$0
$0
Same-Day ACH
Free with Relay Pro
Fee of 1% of the payment amount up to $25
ATM Withdrawal fee
Domestic: Full ATM fee reimbursement
International: Full ATM fee reimbursement
Domestic: $3 fee on non-Chase ATM withdrawal
International: $5 fee on ATM withdrawal
Features
Transactions
Unlimited fee-free transactions
20 / 250 / 500 free transactions
*According to plan
then $0.40 per transaction
Debit Card
Up to 20 individual cards with customizable spend limit
1
Credit Cards
Outgoing wire Transfers
Domestic wire transfers: $5 ($0 with Relay Pro)
International wire transfers: $10 ($0 with Relay Pro)
$25+ for domestic transfers
$40+ for international transfers
Check Deposit
Cash Deposit
Bill Pay
3rd-party Integrations
Quickbooks, Xero, Gusto, Plaid, and Yodlee.
Xero, Quickbooks
Bottom Line
Why?
Relay stands out with its user-friendly interface, customizable workflows, and advanced automation capabilities. It is an ideal option for startups and small businesses seeking streamlined financial management. With Relay, businesses can optimize efficiency and automate processes through its modern features and intuitive platform. The customizable workflows and advanced automation capabilities simplify tasks such as invoice management and expense tracking.
Chase offers a wide range of banking services, including business checking accounts and merchant services. Chase’s comprehensive banking solutions cater to various business needs. Their business checking accounts ensure efficient cash management, while merchant services facilitate convenient payment acceptance. Moreover, Chase’s extensive branch network provides in-person support and accessibility for businesses in need of personalized assistance or handling cash transactions.
Editorial Score
Winner!
Relay Vs. Chase
Compare Relay and Chase for business banking solutions. Relay stands out with its modern features and intuitive platform, while Chase offers comprehensive services and a well-established reputation. Explore their unique offerings and considerations to make an informed choice for your business’s banking needs.
Advertiser Disclosure
Top10BusinessBanks is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.
Please note:
- All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
- We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.
General Details
Monthly Fee
$0 / $30 (pro)
$15 / $30 / $95
*According to plan
Number of Accounts Available
Up to 20 checking accounts
Single checking account
Accounts payable automation
Available for Relay Pro plan ($30 per month)
Banking Partner
Evolve Bank & Trust and Thread Bank, Members FDIC
Chase Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$2000
Overdraft Fees
$0
$34
Early Account closing Fee
$0
$0
Same-Day ACH
Free with Relay Pro
Fee of 1% of the payment amount up to $25
ATM Withdrawal fee
Domestic: Full ATM fee reimbursement
International: Full ATM fee reimbursement
Domestic: $3 fee on non-Chase ATM withdrawal
International: $5 fee on ATM withdrawal
Features
Transactions
Unlimited fee-free transactions
20 / 250 / 500 free transactions
*According to plan
then $0.40 per transaction
Debit Card
Up to 20 individual cards with customizable spend limit
1
Credit Cards
Outgoing wire Transfers
Domestic wire transfers: $5 ($0 with Relay Pro)
International wire transfers: $10 ($0 with Relay Pro)
$25+ for domestic transfers
$40+ for international transfers
Check Deposit
Cash Deposit
Bill Pay
3rd-party Integrations
Quickbooks, Xero, Gusto, Plaid, and Yodlee.
Xero, Quickbooks
Bottom Line
In summary, Relay emerges as the winner in this comparison with its user-friendly interface, customizable workflows, and advanced automation capabilities. It is the ideal choice for startups and small businesses looking to streamline financial management and optimize efficiency. In contrast, while Chase offers a wide range of banking services, including business checking accounts, merchant services, and more, Relay’s modern features and intuitive platform set it apart as the top contender. Consider your business’s specific requirements and preferences, and make the informed choice by opting for Relay’s comprehensive and innovative banking solution.