Relay Financial is a no-fee online business banking account and money management platform that is available to small businesses including sole proprietors, so that you can spend, save and plan your business finances while easily managing your operating expenses, cash flow and accounts payable.
Plus, through the Relay Financial Referral Program, U.S. business owners and sole proprietors can get a $50 bonus when you open a Relay business checking account and deposit only $1, and you’ll earn an additional $50 bonus for each new small business owner or sole proprietor that you refer to open an account with Relay Financial.
If you are a small business owner or sole proprietor who wants to manage your business finances without the usual fees or hassles of traditional banks, check out Relay Financial for a no-fee online business banking account and money management platform.
Alternative $150 Relay Financial Bonus for Former Brex Customers (Targeted): Please note that there is also a $150 bonus for opening a Relay business banking account that is being targeted to former Brex Corporate Card customers, but you must be targeted for this $150 offer, whereas the Relay Financial Refer-A-Business Program is openly available to all U.S. small business owners and sole proprietors.
Relay $50 Business Banking Account Bonus (Use This Referral Link to Qualify for $50 Bonus)
1. Click this Relay Financial $50 Bonus Referral Link and create your account in just a few minutes (valid for U.S. business owners and sole proprietors who open an account by December 31, 2022).
2. Deposit a minimum of only $1 into your new Relay business checking account in order to qualify for the $50 bonus.
3. The $50 bonus will be deposited into your Relay account once your account is approved and funded with at least $1 ($50 will be received within 14 days of the qualified funding).
About Relay Financial Business Banking
With no account fees, no account minimums, no overdraft fees and no withdrawal fees at Allpoint ATMs, Relay Financial offers you an easily accessible business banking account and money management platform without the usual fees or obstacles of traditional banks.
Relay Financial has partnered with Evolve Bank & Trust, and through this partnership, they are able to offer FDIC-insured bank accounts for up to $250,000.
Relay Standard – No Monthly Fee Account
When you open a Relay Standard account, you’ll get up to 20 no-fee checking accounts, up to 50 virtual or physical Debit Mastercards, access to make payments by ACH, wire or check, automated spending limits for team members, direct bank feeds into Xero and QuickBooks Online, and access to both online and mobile banking.
Relay Standard has no monthly checking account fees, no minimum balance requirements, no overdraft fees and no bounced check fees, but they do charge a $5 fee to send domestic wire transfers and a $10 fee to send international wire transfers.
Relay Pro – $30 Monthly Fee Account
If you need to send domestic and international wire transfers on a regular basis, then you can upgrade to Relay Pro for $30/month per business, which has no fees for domestic and international wire transfers, plus you get access to everything that Relay Standard offers along with additional benefits and services.
With Relay Pro, you’ll get everything that Relay Standard offers, plus same-day ACH delivery times (compared to 1-2 days with Relay Standard), auto-import of bills from QuickBooks Online and Xero, multi-step approval rules for bill payments, batch payments for bills, and 1-click reconciliation of bills in QuickBooks Online and Xero.
With both Relay Standard and Relay Pro, you’ll get access to a business banking account that automates financial management and helps small business owners and sole proprietors focus on building your business, instead of worrying about managing your money.
Relay Financial $50 Refer-A-Business Rewards
Once you open your Relay business banking account, you can participate in the Relay Financial Refer-A-Business Program to share $50 bonuses with your fellow small business owners and sole proprietors.
In order to participate in the Relay referral promotion, you must share your unique referral link that Relay will provide to you via email during the referral period, which runs from May 4, 2022, to December 31, 2022.
When you refer a new customer who opens a Relay business banking account and funds the account with a minimum of $1, you will both receive a $50 bonus to your accounts.
Once your referral opens a Relay Financial account, is approved, and funds a minimum of $1, the $50 bonuses will be deposited into both of your accounts.
Both the referrer and referee will receive the $50 bonuses within 14 days of the qualifying funding of the referee’s account.
Review the Relay Financial Referral Program Terms for more details about this offer.
Please feel free to share your experiences with using Relay Financial along with your referral links in the comments below this article.
If you are a small business owner or sole proprietor, consider a Relay Financial business banking account in order to simplify your business finances and make managing your money easier, plus get a $50 bonus when you open a Relay business checking account with a $1 deposit, and earn additional $50 rewards for referring your friends to business banking with Relay Financial.
You may also be interested in this Novo Free Business Checking Account Promotion for U.S.-based small businesses and sole proprietors.