EverBank Business Checking vs Lili: which one fits your business?
Side-by-side comparison of EverBank Business Checking and Lili — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: it's a tie on our scorecard — pick on fit, not score.
| Scored on | EverBank Business Checking | Lili |
|---|---|---|
| Right fit for small biz | 8 | 7 |
| Ease of use | 7 | 9 |
| Fees & pricing | 9 | 7 |
| Customer support | 6 | 6 |
| Features | 7 | 8 |
| Monthly maintenance fee | $0 | — |
| Minimum opening deposit | $1,500 | — |
| Free monthly transactions | 200 | — |
| Incoming domestic wires | $0 | — |
| Lili Basic Monthly Fee | — | $0 |
| Lili Smart Monthly Fee | — | $25 |
| Cash Deposit Fee | — | Up to $4.95 (Retailer dependent) |
| Savings APY | — | Up to 4.15% |
EverBank Business Checking in one paragraph
A powerhouse for business owners who want a high-yield, zero-fee account from a 'real' bank rather than a fintech startup.
Skip it if: You handle large amounts of physical cash or need 24/7 phone support.
Lili in one paragraph
Lili is a powerhouse for the solo entrepreneur who hates taxes, but its value diminishes quickly once you hire your first employee.
Skip it if: You need to grant account access to a bookkeeper or business partner, as Lili is built for solo users.
Frequently asked questions
Who should skip EverBank Business Checking?
You handle large amounts of physical cash or need 24/7 phone support.
Who should skip Lili?
You need to grant account access to a bookkeeper or business partner, as Lili is built for solo users.