Comparison

Holdings vs Lili

Lili is built for freelancers with tax-saving buckets. Holdings gives you that plus full accounting, P&L reports, and sub-accounts — all free.

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Feature comparison

See how Holdings stacks up against Lili

Feature	Holdings	Lili
Monthly Fees	Free	Free / $9 Pro / $39 Smart
APY on Deposits	1.75%	Up to 1.5% (Smart plan)
FDIC Insurance	Up to $3M	$250K
Built-in Accounting	✅ Included free	❌ Smart plan only ($39/mo)
Auto-Categorization	✅ Included free	✅ Pro plan ($9/mo)
P&L / Balance Sheet	✅ Included free	❌ Smart plan only ($39/mo)
Tax Withholding Buckets	Via sub-accounts	✅ Built-in
Sub-accounts	✅ Unlimited free	❌ Not available
Invoicing	✅ Free tools	✅ Included
Virtual Cards	✅ Free	❌ Not available

Why choose Holdings over Lili

Full accounting at no extra cost

Lili charges $39/mo for basic accounting reports. Holdings includes auto-categorization, P&L, balance sheets, and cash flow statements for free with every account.

Unlimited sub-accounts

Lili has tax buckets but no sub-accounts. Holdings lets you create unlimited sub-accounts for taxes, projects, clients, or any purpose — more flexible than a single tax bucket.

Higher APY and FDIC coverage

Holdings pays 1.75% APY on all deposits vs up to 1.5% on Lili Smart. Plus up to $3M FDIC coverage vs Lili's standard $250K.

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When Lili might be the better choice

Lili may be better for solo freelancers who want a dead-simple tax-withholding bucket and don't need P&L reports, balance sheets, or sub-accounts. Lili's Pro plan at $9/mo is affordable if the tax bucket feature alone is what you need.

Frequently asked questions

Is Holdings free like Lili?

Holdings is completely free — no monthly fees for any features. Lili has a free tier but charges $9/mo for Pro (tax tools, custom categories) and $39/mo for Smart (accounting reports).

Does Holdings have tax features like Lili?

Holdings auto-categorizes expenses which simplifies tax prep. Lili has a tax bucket feature that sets aside a percentage for taxes. Holdings offers sub-accounts which serve the same purpose with more flexibility.

Which is better for freelancers?

Both target freelancers. Holdings is better if you want full accounting (P&L, balance sheets) included free. Lili is better if you want a simple tax-withholding bucket and nothing more.

Does Lili have real accounting?

Lili Smart ($39/mo) offers basic reporting. Holdings includes full accounting — auto-categorization, P&L, balance sheets, and cash flow — free with every account.

Which has better FDIC coverage?

Holdings offers up to $3M in FDIC insurance. Lili offers standard $250K through Choice Financial Group.