Swap out your current bank—for Relay—in three simple steps.
Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank2,3; Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.
Open a new Relay account, online, in minutes. Then, use our switching guide to help you move every dollar, deposit and payment from your current bank.
Link Relay to your existing bank using our handy Finicity integration. From there—your money can be easily pulled into Relay with just a few clicks. No fuss, no muss.
Once you’ve linked Relay to your existing bank account, our switching guide will show you which income sources need to move to Relay. Connect payment processors—like Stripe, Square, PayPal and more—to start collecting income in Relay right away. Or, shoot off your new details to each customer so that their next payment hits your Relay account.
We’ll create a checklist just for you. It will list all outgoing payments made from your current bank (like your payroll platform and software subscriptions). All you have to do is make sure each vendor gets updated with your new Relay account details—then cross them off your list!
| Relay | Traditional Business Banking | |
|---|---|---|
No monthly account fees |  |  |
No overdraft fees | | |
No bounced check or failed transaction fees | | |
No minimum balance requirements | | |
Up to 20 checking accounts to compartmentalize income and expenses | | |
Automated savings rules to help you grow faster | | |
Profit First-friendly features | | |
Ultra-detailed data that makes deciphering transactions a breeze | | |
Quickbooks Online and Xero de-stress bookkeeping | | |
Role-based advisor permissions so an accountant or bookkeeper can safely access financial data and help keep money moving | | |
A Gusto integration that unlocks shortfall warnings for payroll runs | | |
Accounts payable features, including multi-step bill approvals, with Relay Pro | | |
Up to 50 Visa® debit cards to keep spending organized | |  |
Debit cards—with spending limits—that can be assigned to team members | | |
Safe collaboration with team members so you can delegate banking tasks | | |
Affordable, fast wires, including built-in currency exchange for international payments | | |
FDIC insurance that covers up to $3M2,3 in deposits | | |
Friendly, knowledgeable Customer Support that's available when you need it | | |
Our switchers drop these banks for Relay. Read why in these in-depth guides.
“My bank didn't understand Profit First. They didn't know why I would need six or seven different accounts and why I’d have an account if it's going to sit at zero balance until the next month's invoices get paid. But Relay understood that from the beginning.”
— Dan Novalis, owner of 2Novas
Get the full switching story
"I wish I knew about Relay since 2018 when I started my business. Wells Fargo would close my bank accounts because I was making a lot of money in a short period. Bank of America almost killed me with bank fees. And Chase always wanted me to come in for verification purposes. Switch today to save your time, money and energy."
