Side-by-side comparison

Found Business Checking vs Relay Business Checking

Found Business Checking vs Relay Business Checking comparison on Luminxo. Compare fees, features, and transaction limits to find the right business bank account.

Lowest feesFound Business CheckingFree
Highest ratedRelay Business Checking4.5/5.0
Most featuresRelay Business Checking7/11

Quick Take

Found Business Checking

Found · Business Checking

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Found is a free business banking platform with built-in tax tools. It automatically sets aside money for estimated taxes, tracks expenses by category, and generates Schedule C reports.

Best for: Freelancers and sole proprietors

  • Auto Tax Savings
  • Schedule C Reports
  • Expense Categories
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Relay Business Checking

Relay · Business Checking

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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

  • 20 Checking Accounts
  • Profit-First Budgeting
  • Auto-Transfers
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Side-by-Side Comparison

MetricFound Business CheckingRelay Business Checking
Monthly FeeFreeFree
Free Transactions5000/mo5000/mo
Min. Opening Deposit$0$0
FDIC InsuredYesYes
Integrations5+15+
Rating4.0/5.04.5/5.0

Feature Comparison

FeatureFound Business CheckingRelay Business Checking
Mobile App✓✓
Mobile Deposit✓✓
Cash Deposits✗✗
Physical Branches✗✗
ACH Transfers✓✓
International Wires✗✗
Accounting Integrations✗✓
Sub-Accounts✓✓
Invoicing✓✓
Debit Card✓✓
Check Writing✗✗

Who Should Pick Which Account?

Found Business Checking

Only business bank that auto-saves for taxes and generates tax reports. Perfect for self-employed workers who dread tax season.

Best for: Freelancers and sole proprietors

Pros

  • No monthly fees
  • Automatic tax savings
  • Built-in invoicing
  • Expense categorization

Tradeoffs

  • No physical branches
  • No cash deposits
  • Limited integrations
  • No international wires

Relay Business Checking

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

Pros

  • No monthly fees
  • Up to 20 checking accounts
  • Great for profit-first budgeting
  • Real-time expense tracking

Tradeoffs

  • No physical branches
  • No cash deposits
  • No international wires
  • No interest on balances

Frequently Asked Questions

What is the main difference between Found Business Checking and Relay Business Checking?

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.

Which has the lowest fees?

Found Business Checking has the lowest monthly fee in this comparison at free.

Which has the most features?

Relay Business Checking has the most features in this comparison with 7 out of 11 tracked features.