Grasshopper Bank vs Relay: which one fits your business?
Side-by-side comparison of Grasshopper Bank 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 8.1/10).
| Scored on | Grasshopper Bank | Relay |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 8 | 8 |
| Fees & pricing | 9 | 9 |
| Customer support | 7 | 6 |
| Features | 8 | 9 |
| Monthly Maintenance Fee | $0 | $0 |
| Minimum Opening Deposit | $0 | $0 |
| Domestic Incoming Wires | $0 | — |
| Domestic Outgoing Wires | $0 - $25 (varies by tier) | — |
| ACH Transfers | $0 | — |
| Relay Pro Fee | — | $30/mo |
| Domestic Wire (Standard) | — | $5 |
| International Wire (Standard) | — | $10 |
Grasshopper Bank in one paragraph
Grasshopper is a top-tier digital bank for professional service firms and startups that want to earn 'savings-account' interest on their 'checking-account' operational cash.
Skip it if: Skip it if you are a retail business that needs to deposit physical cash at the end of every shift.
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, Grasshopper Bank or Relay?
On our five-axis scorecard, Relay scores higher (8.2/10 vs 8.1/10). 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 Grasshopper Bank?
Skip it if you are a retail business that needs to deposit physical cash at the end of every shift.
Who should skip Relay?
Skip it if you run a cash-heavy retail business or need to deposit large physical checks frequently.