Lili Pro Review : how to open a lili business checking account
The Lili Business Account is an excellent financial platform for businesses of all sizes. They offer a FREE basic plan and a monthly Pro account for 9 dollars. The user-friendly dashboard makes it easy to manage money, pay bills, track expenses, and transfer funds. In addition, budgeting tools are beneficial since you can set goals and limit spending. Moreover, The Lili Business Account enables you to separate business and personal finances efficiently. As a bonus feature, the account also offers unlimited free transfers within the United States without fees or minimum balance requirements!
All the features are intuitively designed and user-friendly, making it easy to find what you need quickly while still having the power to customize your experience. I particularly like the budgeting module, which allows you to set spending limits that can help keep your business on track throughout the month. In addition, with unlimited free transfers within the United States, there’s no worry of overspending or running into any hidden fees.
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC.
The Lili Visa® Debit Cards is issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc.
When signing up for a Lili account, you can choose between a Pro or Basic plan.
Here are the main features of each plan:
Lili Pro ($9.00 / month)
Premium Visa Business Debit Card with Cashback rewards
Get paid faster (up to 2 days) with ACH Transfer (Direct Deposit)
Balance Up* (fee-free overdraft) – up to $200
Advanced expense tracking to maximize tax deductions
Savings account with 1.00% interest **
Automatically set aside money for your taxes
Create and send unlimited invoices
38,000+ fee-free ATM locations
Lili Basic (free)
Visa Business Debit Card
Get paid faster (up to 2 days) with ACH Transfer (Direct Deposit)
Built-In expense tracking
Automatically set aside money for your taxes
38,000+ fee-free ATM locations
No hidden fees, no minimum balance
Here are my favorite features
Write off Tracker
Say goodbye to being overwhelmed during tax season! Instead, swipe through expenses in the Lili app, and stay organized all year. Keep track of write-offs to maximize savings when it's time for taxes - because who wants an extra headache?
Auto Saving
Don't wait for tax season to surprise you - plan! With auto-saving, you can effortlessly prepare for your taxes. We'll help you determine the ideal amount and keep it safe so that when April comes around, there's no stress or fear of penalties from the IRS.
Quarterly & Yearly Expense Reports
Lili automatically generates quarterly and yearly business expense reports, summarizing all the expenses you swiped right, saving you time and energy during tax prep!
Overall, I highly recommend Lili for businesses of all sizes looking for a powerful yet simple way to organize their finances. The user-friendly interface makes it easy to manage your finances from start to finish, from setting up budgets and tracking expenses to transferring funds between accounts in real time. Plus, with no fees or minimum balance requirements in the Free basic plan, you can enjoy free transfers within the US with peace of mind. And if you're looking for even more features and have a fast-growing business, you can get the Lili pro plan. If you’re looking for an efficient way to manage your business money, try Lili Business Account—you won’t be disappointed!
