Here is a list of the benefits that Lili customers receive when they add their business to their Lili account:
BalanceUp (Overdraft)
With BalanceUp you can overdraft up to $200 on your debit card purchases with no fees.
Emergency Savings Account with 1.00% Annual Interest
By opening an Emergency savings account, you can start your rainy-day fund with as little as $1 per day... and earn 1.00% APY!!
* The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of January 1st, 2022. No minimum balance required. Must have $0.01 in savings to earn interest.
Schedule C
Lili will pre-fill your annual 1040 Schedule C form, ready to be shared with your accountant or filed with the IRS.
Invoicing Tool
Create and send unlimited invoices.
Cashback Rewards
Business Visa Debit Card cashback with selected merchants
Advanced Expense Management
Sort and categorize your expenses on the go and in real-time, directly from your mobile account to maximize tax deductions.
ACH Debit
ACH debit is only available for business accounts.
Higher Limits
There is no limit to the number of card purchases and ATM withdrawals per day.
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Type Card Purchases ATM Withdrawal ACH Outbound (Linked Account) |
Daily Spending Limits $5,000 $500 $5,000 |
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Type Debit Card Funding ACH Inbound (Linked Account)
Cash Deposit
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Daily/Monthly Funding Limits $100 per month $1,000 per day (1 transfer allowed per day) $1,000 per day $25K per day Max $5,000 per check |