Our verdict
A Lili business banking account offers an array of features perfect for small business owners and freelancers who need help managing their business finances. The account automatically sets aside money for emergencies and offers early access to payments. While you can access its basic features for free, its paid plans start at $9 a month and come with more advanced features like cashback rewards, a built-in expense tracker, a savings account that earns 4.15% APY and free overdraft protection. Lili also supports joint accounts, so multiple owners can have account access and their own debit card. But Lili lacks the ability to write checks so if this is a concern, you might need to look elsewhere.Best for: Small business owners looking for a business checking account that can help make managing taxes and business finances easier.
- Auto savings for taxes and emergencies, depending on your plan
- Access to payments up to two days early
- Tax tools, including pre-filled tax forms on the Lili Smart plan
- Overdraft protection on its paid plans
- Can't write checks
- Live customer support only available on weekdays