Bank of America Business Advantage vs Relay: which one fits your business?
Side-by-side comparison of Bank of America Business Advantage and Relay — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Relay wins on our scorecard (8.2/10 vs 7.3/10).
| Scored on | Bank of America Business Advantage | Relay |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 7 | 8 |
| Fees & pricing | 7 | 9 |
| Customer support | 6 | 6 |
| Features | 8 | 9 |
| Monthly Service Fee (Fundamentals) | $16 (waivable) | — |
| Monthly Service Fee (Relationship) | $29.95 (waivable) | — |
| Cash Deposit Limit (Relationship) | $20,000 free per month | — |
| Domestic Outgoing Wire | $30 | — |
| ACH Transfers | $0 (standard) | — |
| Monthly Maintenance Fee | — | $0 |
| Relay Pro Fee | — | $30/mo |
| Domestic Wire (Standard) | — | $5 |
| International Wire (Standard) | — | $10 |
| Minimum Opening Deposit | — | $0 |
Bank of America Business Advantage in one paragraph
A powerhouse for cash-heavy businesses and high-balance reward seekers, provided you can navigate the occasional corporate bureaucracy.
Skip it if: You are a digital-only solopreneur who hates minimum balance requirements and never touches physical cash.
Relay in one paragraph
The best choice for business owners who want to automate their budgeting through multiple accounts without getting nickel-and-dimed on monthly fees.
Skip it if: Skip it if you run a cash-heavy retail business or need to deposit large physical checks frequently.
Frequently asked questions
Which is better, Bank of America Business Advantage or Relay?
On our five-axis scorecard, Relay scores higher (8.2/10 vs 7.3/10). The best choice for business owners who want to automate their budgeting through multiple accounts without getting nickel-and-dimed on monthly fees.
Who should skip Bank of America Business Advantage?
You are a digital-only solopreneur who hates minimum balance requirements and never touches physical cash.
Who should skip Relay?
Skip it if you run a cash-heavy retail business or need to deposit large physical checks frequently.