Best Business Savings Account: Relay Savings Review

Check out more information on Relay’s savings accounts! relayfi.com/savings-accounts?...
Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance provided through Evolve Bank & Trust and Thread Bank; Members 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. The interest rates and annual percentage yield on your account are accurate as of 05/16/23 and are variable and subject to change based on the target range of the Federal Funds rate. APY will vary between 1-3% depending on the balances held. Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. There are no minimum balances or minimum deposits required to earn interest on your account.
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Пікірлер: 6

  • @ozarkcreativestructuresllc
    @ozarkcreativestructuresllc10 ай бұрын

    Thank you for the info 💯

  • @harrambeejackson1300
    @harrambeejackson130010 ай бұрын

    I have a question, what is the from using a business savings account from a bank like relay vs. any of those high yield savings accounts such as sofi? Thank you

  • @MatterhornBusinessDevelopment

    @MatterhornBusinessDevelopment

    10 ай бұрын

    The main difference is that Relay is a business savings account, so the money is staying within your business, and sofi and other providers are personal savings accounts.

  • @thedefiedge2227
    @thedefiedge222711 ай бұрын

    Hey, I just came across your channel. Fantastic information, presentation, and editing. You're not getting the views that you deserve. Just wanted to drop a note to let you know that your efforts are noticed and appreciated.

  • @MatterhornBusinessDevelopment

    @MatterhornBusinessDevelopment

    10 ай бұрын

    Thank you!!