Relay vs. National Bank of Arizona: Which bank is better for your business?

By Haley Davidson

Founder & Content Strategist, Gaia Content

Are you a business owner looking for business banking in Arizona? Here, we’ll compare Relay to the National Bank of Arizona. Relay is a fully online banking platform while the National Bank of Arizona is a traditional bank. 🏦

Traditional banks like the National Bank of Arizona offer a mix of in-person and online services. Modern platforms like Relay provide a fully online banking experience tailored for businesses. Let’s go deeper into what each institution brings to your business.

In this article:

What is Relay? 

Relay provides modern online banking and money management solutions that help small businesses manage their cash flow. 💚 Users can create up to 20 free checking accounts to manage funds. They can also handle multiple payments from one centralized place.

Relay’s digital-first approach creates a seamless banking experience while also avoiding the most common pitfalls of traditional banking. With Relay, small businesses also have the option to grow their money through savings accounts that earn between 1-3% APY1.

What is the National Bank of Arizona? 

The National Bank of Arizona is a traditional bank offering many types of business checking accounts as well as several business savings account options. In addition to these basic options, the National Bank of Arizona also offers business financing for those who need capital. 💰

Relay vs. National Bank of Arizona Comparison Chart


National Bank of Arizona


Open Account Online


Online Banking

✅ Web, Apple iOs and Android Mobile Apps

✅Web, Apple iOs and Android Mobile Apps 

Monthly Account Fees



Minimum Opening Deposit



Minimum Balance Requirement



Overdraft Fees

Depends on account (overdraft protection available)


Money Movement

Wire Transfer: Depends on account

ACH Payments: Depends on account

Wire Transfer: $5 domestic, $10 international (Free with Relay Pro)

ACH Payments: Free 

ATM Access

60 across Arizona


Branch Locations

20 Arizona branches


Interest-bearing accounts

✅Varies by account

✅1-3% APY on savings depending on the balance

Business Credit Cards


Online Reviews

1.7 Star Review on Yelp

4.6 Star Rating on Trustpilot

Online and Mobile Banking

Relay Mobile and Online Banking

Relay is accessed through the Relay mobile app or the web-based option. Both of Relay’s online platforms are easy to navigate and allow for organized and efficient work. When you manage money with Relay, you can access additional features such as receipt capture via mobile camera and virtual debit cards. 💳

National Bank of Arizona and Online Banking

The National Bank of Arizona also offers a mobile app and web-based option for banking. The web-based version allows users to view account information and access eDocuments. You can also make online wire transfers through this bank’s online banking services.

Monthly Fees and Other Charges

Relay Fees

Relay has affordable and transparent pricing for its services. As a Relay account owner, you won’t encounter monthly fees or overdraft fees. Minimum balances also aren’t a requirement, which frees up funds to allow your business to grow. 💸

National Bank of Arizona Fees

The monthly account fees for the National Bank of Arizona range from $8 to $25. These can be waived with minimum balances of $1,000 to $10,000, depending on the type of account you have. You may encounter overdraft fees, but there is overdraft protection available.

Accounts Payable

Relay Accounts Payable

As a business owner, you understand the importance of paying bills on time and with precision. The accounts payable features with Relay make this process easier and faster. With the all-inclusive Relay dashboard, you can manage bill payments and see offers for vendor contract savings for future payments. There are also integrations with Quickbooks Online and Xero. 💻

With the paid tier of Relay, Relay Pro, you can unlock additional features including same-day ACH and free outgoing wires. You can also set up multi-step approval rules for easier processing for the people on your team.

National Bank of Arizona Accounts Payable

The National Bank of Arizona allows for Online Bill Pay, which is included with its accounts. Users also have the option to use ACH payments and outsourced disbursements, making payment faster. With an extra cost, you can enroll in Deluxe Payment Exchange to simplify payments. 📲

Verdict: Which banking partner is right for your business?

It’s crucial to the success of your business to choose the right banking partner. Both Relay and the National Bank of Arizona offer unique features built to support your business’s financial needs. 💵

Relay is a digital-first approach that provides seamless integrations and no monthly fees. The National Bank of Arizona offers multiple business checking and savings account options. They also offer community support.

To find the right fit for your business, first consider your goals and the type of support you want. Then, choose the banking solution that aligns best with your business plan. Are you ready to sign up for Relay? You can do so entirely online here! 🔗