Relay vs Truist Simple Business Checking: which one fits your business?
Side-by-side comparison of Relay and Truist Simple Business Checking — 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 7/10).
| Scored on | Relay | Truist Simple Business Checking |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 8 | 7 |
| Fees & pricing | 9 | 8 |
| Customer support | 6 | 6 |
| Features | 9 | 6 |
| Monthly Maintenance Fee | $0 | $0 |
| Relay Pro Fee | $30/mo | — |
| Domestic Wire (Standard) | $5 | — |
| International Wire (Standard) | $10 | — |
| Minimum Opening Deposit | $0 | — |
| Transaction Limit | — | 50 per month |
| Excess Transaction Fee | — | $0.50 per item |
| Cash Deposit Limit | — | $2,000/mo free |
| Overdraft Fee | — | $36 |
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.
Truist Simple Business Checking in one paragraph
A solid, no-frills entry point for low-volume local businesses that value physical branch access over high-tech features.
Skip it if: Skip it if you process more than 50 transactions a month or need your idle cash to earn a competitive interest rate.
Frequently asked questions
Which is better, Relay or Truist Simple Business Checking?
On our five-axis scorecard, Relay scores higher (8.2/10 vs 7/10). 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 Relay?
Skip it if you run a cash-heavy retail business or need to deposit large physical checks frequently.
Who should skip Truist Simple Business Checking?
Skip it if you process more than 50 transactions a month or need your idle cash to earn a competitive interest rate.