Holdings vs Springly
If you need an all-in-one nonprofit management platform — member management, event planning, website builder, email, AND basic accounting — Springly is a capable Swiss-army-knife tool for smaller nonp
Feature comparison
See how Holdings stacks up against Springly
| Feature | Holdings | Springly |
|---|---|---|
| Monthly Fee | $0 | Free plan available; paid plans from ~$45/mo |
| Min. Balance | $0 | N/A (not a bank) |
| APY (Checking) | 1.75% | N/A (not a bank) |
| APY (Savings) | 1.75% | N/A |
| FDIC Insurance | Up to $3M | N/A (not a bank) |
| Free Transactions | Unlimited | N/A |
| Sub-Accounts | Unlimited, free | N/A |
| Built-in Accounting | Yes, free | Basic accounting (limited) |
| Auto-Categorization | Yes | Limited |
| Nonprofit Features | Yes | Yes (membership, events, website, email) |
| Donor Management | Limited | Yes (member/donor database) |
| Online Giving/Donations | Contact for details | Yes (online payment collection) |
| Physical Debit Cards | Free | N/A |
| Virtual Cards | Free | N/A |
Why choose Holdings over Springly
Actual banking with 1.75% APY
Springly is not a bank. It's nonprofit management software. Holdings is a real banking platform with FDIC-insured deposits earning 1.75% APY. You still need a separate bank account alongside Springly.
Proper accounting software
Springly includes basic accounting, but it's not a dedicated accounting platform. Holdings' built-in accounting is designed for real fund accounting, financial reporting, and transaction management.
Zero cost
Holdings is completely free — banking + accounting at $0. Springly's paid plans start at ~$45/month ($540/year) and you still need a bank account on top of that.
FDIC coverage up to $3M
Springly doesn't handle your money at all. Holdings protects up to $3M through partner banks.
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When Springly might be the better choice
Springly may be a better fit if you need All-in-one nonprofit operations, Website builder, or Event management.
Frequently asked questions
Is Holdings or Springly better for nonprofits?
They solve different problems. Holdings is better for banking and accounting. Springly is better for member management, events, and website. Most nonprofits benefit from both.
Can Springly replace my bank account?
No. Springly is not a bank. It can collect payments and donations, but you need a separate bank account for deposits, payroll, and financial management.
Does Springly include proper accounting software?
Springly includes basic accounting features, but it's not a dedicated accounting platform. For real fund accounting, financial reporting, and compliance, you'll need a dedicated solution like Holdings or Aplos.
Can I use Holdings and Springly together?
Yes — this is actually the recommended approach. Holdings for banking + accounting, Springly for member engagement and operations.
How much does Springly cost?
Springly offers a free plan for very small nonprofits. Paid plans start at approximately $45/month and scale based on community size and features needed.
Ready to switch?
Open your Holdings account in minutes. Keep your current bank during the transition — move at your own pace.
1.75% APY† • Zero fees^ • FDIC insured to $3M*