Live Oak Business Savings vs Relay: which one fits your business?
Side-by-side comparison of Live Oak Business Savings and Relay — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: Relay wins on our scorecard (8.4/10 vs 8.3/10).
| Scored on | Live Oak Business Savings | Relay |
|---|---|---|
| Right fit for small biz | 9 | 9 |
| Ease of use | 8 | 8 |
| Fees & pricing | 10 | 9 |
| Customer support | 7 | 6 |
| Features | 7 | 9 |
| Monthly Maintenance Fee | $0 | — |
| Minimum Opening Deposit | $0 | — |
| ACH Transfers | $0 | — |
| Stop Payment Fee | $25 | — |
| Monthly maintenance | — | $0 |
| Domestic ACH | — | $0 |
| Incoming Wires | — | $0 |
| Outgoing Domestic Wire | — | $5 (Free with Pro) |
| Relay Pro Subscription | — | $30/mo |
Live Oak Business Savings in one paragraph
Live Oak Business Savings is the premier 'set-it-and-forget-it' vault for small business owners who want top-tier interest rates without the complexity of fintech apps or the fees of big banks.
Skip it if: You need to deposit physical cash regularly or require a debit card for immediate spending from your savings.
Relay in one paragraph
Relay is the premier choice for small business owners using the Profit First method who need robust sub-account partitioning without the headache of monthly fees.
Skip it if: You handle more than $2,000 in physical cash deposits per month or require immediate in-person teller support.
Frequently asked questions
Which is better, Live Oak Business Savings or Relay?
On our five-axis scorecard, Relay scores higher (8.4/10 vs 8.3/10). Relay is the premier choice for small business owners using the Profit First method who need robust sub-account partitioning without the headache of monthly fees.
Who should skip Live Oak Business Savings?
You need to deposit physical cash regularly or require a debit card for immediate spending from your savings.
Who should skip Relay?
You handle more than $2,000 in physical cash deposits per month or require immediate in-person teller support.