Side-by-side comparison
Axos Basic Business Checking vs Relay Business Checking comparison on Luminxo. Compare fees, features, and transaction limits to find the right business bank account.
Axos Bank · Business Checking
Axos Basic Business Checking offers no monthly fees, free domestic wires, and unlimited transactions. A solid online-only option for businesses that don't need physical branches.
Best for: Online businesses wanting low-cost banking
Relay · Business Checking
Relay is a no-fee online business banking platform designed for small businesses. It offers up to 20 individual checking accounts for profit-first budgeting and team expense management.
Best for: Small businesses using profit-first method
| Metric | Axos Basic Business Checking | Relay Business Checking |
|---|---|---|
| Monthly Fee | Free | Free |
| Free Transactions | 5000/mo | 5000/mo |
| Min. Opening Deposit | $0 | $0 |
| APY | 1.01% | - |
| FDIC Insured | Yes | Yes |
| Integrations | 8+ | 15+ |
| Rating | 4.3/5.0 | 4.5/5.0 |
| Feature | Axos Basic Business Checking | Relay Business Checking |
|---|---|---|
| Mobile App | ✓ | ✓ |
| Mobile Deposit | ✓ | ✓ |
| Cash Deposits | ✗ | ✗ |
| Physical Branches | ✗ | ✗ |
| ACH Transfers | ✓ | ✓ |
| International Wires | ✓ | ✗ |
| Accounting Integrations | ✓ | ✓ |
| Sub-Accounts | ✗ | ✓ |
| Invoicing | ✗ | ✓ |
| Debit Card | ✓ | ✓ |
| Check Writing | ✓ | ✗ |
Free domestic wires and no transaction limits set it apart from other digital banks. Good value for wire-heavy businesses.
Best for: Online businesses wanting low-cost banking
Up to 20 free checking accounts for budget allocation, plus unlimited free ACH transfers and great QuickBooks integration.
Best for: Small businesses using profit-first method
The biggest tradeoffs are monthly fees, free transactions, and the features included. This page compares those factors directly so you can choose the right fit for your business.
Axos Basic Business Checking has the lowest monthly fee in this comparison at free.
Axos Basic Business Checking has the most features in this comparison with 7 out of 11 tracked features.