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Relay

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Online business banking for clear cash flow, meticulous organization, and financial control.

FinanceAccountingExpense ManagementInvoicing
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Reviews onG2
70 reviews tracked

The Bottom Line

Entry price

Free plan available, paid tiers above

Biggest pro

Good for small business

Biggest con

Fewer features than Mercury

TL;DR - Relay

  • Provides online business banking with up to 20 checking accounts for cash flow clarity.
  • Offers integrated tools for bills, expenses, invoicing, and accounting integrations.
  • Features competitive savings APY, cash back on credit cards, and FDIC insurance up to $3M.
Pricing: Free plan available
Best for: Growing teams
4.9/5 across review platforms

What is Relay?

Editorial review
Relay offers online business banking services designed to provide small businesses with complete control and clarity over their cash flow. It enables users to manage earnings, spending, and savings effectively through features like multiple checking accounts, savings accounts with competitive APY, and various payment options including ACH, checks, and wires. The platform emphasizes eliminating hidden fees and minimums, making it suitable for businesses looking for transparent financial management. Beyond core banking, Relay integrates tools for bills and expenses management, invoicing, and accounting. It supports strategies like "Profit First" by allowing users to set up multiple accounts for different purposes. With options ranging from a free Starter plan for solopreneurs to paid plans for growing and larger teams, Relay provides scalable solutions including cash back on credit card spending, customizable cards with spend policies, bill approval workflows, and AI-powered automation for invoicing and insights. It aims to centralize banking, bills, expenses, and invoicing into one platform for streamlined operations.

Available on: Web

how we evaluateSourcerelayfi.com ↗

Pros & Cons

Pros

  • Good for small business
  • No hidden fees
  • Multiple accounts
  • Profit First friendly
  • Good mobile app

Cons

  • Fewer features than Mercury
  • Limited integrations
  • No interest on checking
  • Smaller startup focus
  • Some limitations

Ratings Across the Web

4.9(70 reviews)

Relay holds an aggregate rating of 4.9 out of 5 from 70 reviews across G2, last checked March 18, 2026.

G270 reviews
4.9/5

Ratings aggregated from independent review platforms. Learn more

Key Features

Business bankingMultiple accountsTeam permissionsCash flow toolsIntegrationsNo fees

Pricing Plans

Pricing checked Aug 25, 2026

Starter

Free

  • 20 checking accounts
  • 2 savings accounts (1.03% APY)
  • 50 debit/credit cards
  • Receipt capture
  • Accounting integrations

Grow

$30/month

  • 1.75% APY on savings
  • Bill pay automation
  • Bookkeeping sync
  • Invoicing features
  • Priority support

Scale

$90/month

  • 3.03% APY on savings
  • 50 accounts
  • AI-powered automation
  • Same-day ACH and wires
  • Branded invoicing
Calculate your costView full pricing

Is Relay worth the price?

85/100

Relay's pricing is quite generous, especially with a robust free 'Starter' tier offering 20 checking accounts and 1.03% APY on savings.

The 'Grow' tier at $30/month adds significant automation, making it a fair step up for growing businesses. The 'Scale' tier at $90/month, with 3.03% APY and advanced AI features, offers strong value for larger operations seeking high-yield and extensive control.

Hidden Costs & Gotchas

Potential fees for international wires

Limits on free ACH/wire transactions

Higher APY tied to paid tiers

How Relay Compares to Competitors

Compared to Mercury, which offers free banking but charges for advanced features like higher APY or specific integrations, Relay's tiered structure is more transparent. Brex, another competitor, often focuses on corporate credit cards and expense management, making direct banking comparisons less straightforward, but Relay's free tier is more accessible than many traditional business banking options.

How Relay's pricing compares

At $30/mo, Relay is mid-range of its 3 direct competitors ($20 to $50/mo across the set).

Mercury
$20
Relay
$30
QuickBooks
$38
Float
$50

Entry paid plan, monthly. Pricing checked Aug 25, 2026.

Reviews

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4.9/5

Across 70 verified user reviews on G2

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Still deciding?

Most buyers shortlist 2 or 3 tools before committing. Pull a side-by-side comparison or browse the full alternatives shortlist below.

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Relay FAQ

How does Relay help businesses manage their cash flow effectively?

Relay provides online business banking services that allow small businesses to gain complete control and clarity over their cash flow. It enables users to manage earnings, spending, and savings through features like multiple checking accounts and savings accounts with competitive APY.

Which teams would benefit most from using Relay?

Relay is particularly well-suited for small businesses and solopreneurs looking for transparent financial management without hidden fees or minimums. It offers scalable solutions from a free Starter plan to paid plans for growing and larger teams.

How is Relay priced for businesses?

Relay is available on a free tier, with additional paid plans that offer more usage and features. This allows businesses to choose a plan that aligns with their specific needs and growth stage.

What kind of limitations should users be aware of with Relay?

Relay has fewer features compared to some competitors and offers limited integrations with other platforms. Additionally, it does not provide interest on checking accounts and is primarily focused on smaller startup businesses.

Can Relay support the 'Profit First' methodology for financial organization?

Yes, Relay supports strategies like 'Profit First' by allowing users to set up multiple accounts for different purposes. This feature helps businesses meticulously organize their finances and allocate funds effectively.

How does Relay compare to Mercury for business banking?

Relay is designed for small businesses and offers transparent financial management with no hidden fees, while Mercury generally provides a broader range of features. Relay focuses on clear cash flow and meticulous organization, though it has fewer features overall than Mercury.

Does Relay offer tools for managing bills and expenses?

Yes, Relay integrates tools for bills and expenses management, alongside its core banking features. It also includes bill approval workflows and customizable cards with spend policies to streamline financial operations.

Source: relayfi.com

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