Lili vs Tailored Checking: which one fits your business?
Side-by-side comparison of Lili and Tailored Checking — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Lili wins on our scorecard (7.5/10 vs 7.3/10).
| Scored on | Lili | Tailored Checking |
|---|---|---|
| Right fit for small biz | 7 | 8 |
| Ease of use | 9 | 7 |
| Fees & pricing | 7 | 7 |
| Customer support | 6 | 6 |
| Features | 8 | 8 |
| 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% | — |
| Monthly Maintenance Fee | — | $10 (waived with $5k balance) |
| ATM Fee (In-Network) | — | $0 (MoneyPass/SUM) |
| Incoming Domestic Wire | — | $0 |
| Debit Card Cash Back | — | 1% |
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.
Tailored Checking in one paragraph
A reliable, interest-bearing workhorse for businesses that keep $5,000+ in the bank and want the security of a chartered national bank.
Skip it if: You can't maintain a $5,000 balance or you do 90% of your business in physical cash.
Frequently asked questions
Which is better, Lili or Tailored Checking?
On our five-axis scorecard, Lili scores higher (7.5/10 vs 7.3/10). Lili is a powerhouse for the solo entrepreneur who hates taxes, but its value diminishes quickly once you hire your first employee.
Who should skip Lili?
You need to grant account access to a bookkeeper or business partner, as Lili is built for solo users.
Who should skip Tailored Checking?
You can't maintain a $5,000 balance or you do 90% of your business in physical cash.