Holdings vs Found
If you're a freelancer or sole proprietor who needs built-in tax estimation and contractor payment tools, Found is purpose-built for you.
Feature comparison
See how Holdings stacks up against Found
| Feature | Holdings | Found |
|---|---|---|
| Monthly Fee | $0 | $0 (free tier); $35/mo (Plus); $80/mo (Pro) |
| Min. Balance | $0 | $0 |
| APY (Checking) | 1.75% | 0% free tier; 1.5% (Plus); 2.0–2.5% (Pro) — conditions apply |
| APY (Savings) | 1.75% | N/A (no separate savings product) |
| FDIC Insurance | Up to $3M | $250K (via Lead Bank) |
| Free Transactions | Unlimited | Unlimited |
| Sub-Accounts | Unlimited, free | Up to 5 business accounts per login |
| Built-in Accounting | Yes, free | Basic bookkeeping; no full accounting |
| Auto-Categorization | Yes | Yes (expense tracking) |
| Nonprofit Features | Yes | No |
| Physical Debit Cards | Free | Free |
| Virtual Cards | Free | Not available |
| Domestic ACH | Free | Free |
| Domestic Wire | Free | Not available |
Why choose Holdings over Found
$0 interest on all deposits with no subscription required
Holdings pays 1.75% APY on checking and savings with no monthly fee. Found requires a $35–$80/month subscription to earn any interest at all, and even then the APY caps vary by tier and balance thresholds.
Built-in full accounting software
Holdings includes real accounting tools — not just expense tracking. Found offers bookkeeping features like receipt capture and categorization, but you'd still need QuickBooks or Xero for proper financials, adding $30–$80/month.
FDIC coverage up to $3M
Found covers the standard $250K through Lead Bank. Holdings extends protection through partner banks to $3M — critical for nonprofits and churches holding significant funds.
Unlimited sub-accounts
Holdings lets you create unlimited sub-accounts for free (program funds, restricted grants, payroll reserves). Found caps you at 5 business accounts per login.
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When Found might be the better choice
Found may be a better fit if you need Tax estimation and auto-savings for self-employment tax, Contractor payment management, or Built-in invoicing.
Frequently asked questions
Is Holdings or Found better for nonprofits?
Holdings, hands down. Found doesn't offer nonprofit-specific features like fund accounting, restricted fund tracking, or board-level reporting. Holdings is purpose-built for nonprofits and churches.
Can I switch from Found to Holdings?
Yes. You can open a Holdings account online and transfer your funds via ACH. The process typically takes 2–3 business days.
Does Found have nonprofit banking features?
No. Found is designed exclusively for freelancers and self-employed individuals. It doesn't support fund accounting, donor management, or nonprofit-specific compliance.
Which has lower fees — Holdings or Found?
Both have $0 monthly fees at the base level. However, Found charges $35–$80/month for premium features including interest-earning accounts. Holdings offers all features and 1.75% APY at $0/month.
Does Found offer wire transfers?
No. Found does not currently support wire transfers (domestic or international). Holdings offers free domestic wires.
Found is built for freelancers
So is Holdings — plus unlimited sub-accounts, virtual cards, and bookkeeping included. Compare for free. Open your account in minutes and keep Found during the transition.
1.75% APY† • Zero fees^ • FDIC insured to $3M*