Choosing the right banking platform can make a world of difference for your business’s bottom line and day-to-day operations. Holdings and Lili are two of the most popular digital banking solutions for small businesses, but they take very different approaches to fees, features, and financial management. Here’s a side-by-side look at what each offers, who they’re best for, and how Holdings stacks up against other top business banking competitors.
Quick Comparison Table
Feature | Holdings | Lili |
|---|---|---|
Interest/APY | Tiered: up to 3.0% APY for large balances | 3.00% APY on Savings (Pro/Smart/Premium only) |
Monthly Fees | None | $0 (Basic), $15 (Pro), $35 (Smart), $55 (Premium) |
Accounting Integration | Built-in, automated, plus QuickBooks integration | Built-in bookkeeping, tax tools (higher tiers) |
Invoicing & Bill Pay | Unlimited, included | Unlimited (Smart/Premium only) |
Wire/ACH Fees | Unlimited free wires and ACH | $15 per outgoing domestic wire (all plans) |
ATM Access | Fee-free at Allpoint, cash deposit options | Fee-free at 38,000+ ATMs, cash deposit via Green Dot (fee applies) |
Overdraft Protection | Not offered | Up to $200 (Pro/Smart/Premium) |
Mobile App | Yes | Yes (mobile-only) |
Tax Tools | Yes, built-in | Yes (Pro/Smart/Premium) |
Minimum Balance | None | None |
What Makes Holdings Stand Out?
Truly Fee-Free: No monthly fees, no transaction fees, no wire/ACH fees, and no minimum balance requirements—ever.
High-Yield APY: Earn up to 3.0% APY on large balances, so your cash works harder for you.
All-in-One Platform: Banking, accounting, invoicing, bill pay, and even optional full-service bookkeeping—no more juggling disconnected tools.
Native QuickBooks Integration: Seamlessly sync your banking and accounting at no extra cost.
Cash-Friendly: Deposit cash at supported locations, with no extra hoops or hidden fees.
Automation for Busy Owners: Automated reporting, reconciliation, and financial management built right in.
Where Lili Shines
Flexible Account Tiers: Four plans (Basic, Pro, Smart, Premium) let you choose the features and price point that fit your business.
Integrated Tax Tools: Automatic tax savings, expense categorization, and pre-filled business tax forms (Pro and up).
Overdraft Protection: Up to $200 in free overdraft coverage for qualifying users (Pro and up).
Early Payment Access: Get paid up to two days early with direct deposit.
Mobile-First Experience: Manage everything from your phone, with a user-friendly app designed for entrepreneurs on the go.
Who Should Choose Which?
Holdings is best for:
SMBs looking to maximize interest on their deposits with tiered rates up to 3% APY
Businesses seeking a truly fee-free banking solution with no monthly subscriptions
Companies that use QuickBooks and want native integration at no additional cost
Businesses that need invoicing and bill pay functionality built into their banking
SMBs with larger cash reserves that can benefit from the tiered interest structure
Lili is best for:
Freelancers, solopreneurs, and small business owners who want a mobile-first experience
Businesses with smaller cash reserves who still want to earn 3.00% APY on savings (with paid plans)
Companies looking for integrated tax preparation features and overdraft protection
Entrepreneurs who value priority customer support (Premium plan)
What About Fees and Limits?
Holdings: No monthly fees, no transaction fees, no wire/ACH fees, unlimited free money movement, and no minimum balance requirements.
Lili: Free Basic plan, but advanced features (accounting, tax tools, APY, invoicing) require a paid plan ($15–$55/month). Outgoing domestic wires are $15 each. Cash deposits via Green Dot incur a fee.
Compare Holdings to Other Top Business Banks
Curious how Holdings stacks up against other leading business banking solutions? Explore these in-depth comparisons:
The Bottom Line
Both Holdings and Lili offer modern, digital-first banking for small businesses—but Holdings stands out if you want to maximize your interest, automate your finances, and manage everything in one place with no monthly fees. If you’re ready for a banking partner that helps your business earn more and work smarter, Holdings is built for you.
Ready to see how Holdings can transform your business finances? Explore our full suite of comparisons above, or get started today