Relay savings accounts earn 1.11% to 3.00% Annual Percentage Yield (APY) dependent on plan, accrue daily on your end-of-day balance, and pay out within the first three days of the following month.
How much interest do you earn on Relay savings accounts?
Relay customers earn interest on savings account balances, with the rate set by their subscription plan.
Starter Plan customers earn up to 1.11% APY
Grow Plan customers earn up to 1.75% APY
Scale Plan customers earn up to 3.00% APY
Interest applies to funds held in savings accounts only. Checking account balances do not earn interest.
How is daily interest calculated?
Interest accrues daily on your end-of-day savings balance and compounds monthly.
Relay takes a balance snapshot of your savings account at the end of each day
Daily interest is applied to that balance at your plan's APY
Interest earned during the month compounds
Accrued interest is credited to your savings account monthly
When does interest get paid out?
Interest is credited to your savings account within the first three days of the month for the previous month's accrual.
What happens if you change your plan?
Plan upgrades: the new APY takes effect immediately at upgrade
Plan downgrades or cancellations: the change takes effect at the end of your current billing cycle
How many savings accounts can you have?
You can maintain up to two savings accounts per business on Relay.
APY disclosure
For Relay Subscription Plans with an interest-bearing deposit account, the interest rate and Annual Percentage Yield on your account are accurate as of August 11, 2026 and are variable and subject to change based on the target range of the Federal Funds rate. Fees may reduce earnings.
Starter Plan: 1.11% APY
Grow Plan: 1.75% APY
Scale Plan: 3.00% APY
FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
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