Relay Savings Review | NEW 3.00% APY Business Account

Check out Relay HERE: magnified.revi...
Click “Show More” to see my Favorite Financial Tools
▽MY FINANCIAL TOOLS▽
🏦 SoFi Complete Money Management
➤ Checking & Savings - magnified.revi...
➤ Credit Card - magnified.revi...
➤ Invest - magnified.revi...
➤ Budgeting - magnified.revi...
----------
💰 Chime Fully Online Banking
➤ Sign-Up for Chime HERE: magnified.revi...
➤ Chime Credit Builder HERE: magnified.revi...
----------
💳 Favorite Credit Cards
➤ Chase Sapphire - magnified.revi...
➤ Capital One Venture X - magnified.revi...
➤ Chase Ink Business - magnified.revi...
➤ Amex Green - magnified.revi...
➤ Amex Platinum - magnified.revi...
➤ Amex Business Gold - magnified.revi...
----------
📊 Wealthfront Automated Investing
➤ First $5,000 Managed for FREE - magnified.revi...
----------
💵 Current Card
➤ Current | Modern Banking App - magnified.revi...
----------
📸 MY CAMERA GEAR
➤ My Camera: magnified.revi...
➤ My Microphone: magnified.revi...
➤ My Lights: magnified.revi...
We've talked about the Relay business banking platform in several previous videos and while it has consistently ranked it's one of the best business bank accounts, the one feature that I and many of you have been waiting for is a true savings account offering interest on your deposits…and it looks like that wish has now become a reality! So we’ll brush up on the core features of the Relay platform and talk about this new savings account option to see if it is a good fit for your small business or side hustle.
Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance provided through Evolve Bank & Trust and Thread Bank; Members FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.
*The interest rates and annual percentage yield on your account are accurate as of 05/16/23 and are variable and subject to change based on the target range of the Federal Funds rate. APY will vary between 1-3% depending on the balances held. Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. There are no minimum balances or minimum deposits required to earn interest on your account.
**Deposits up to $2,500,000 per business are insured by the FDIC through an insured cash sweep program managed by Thread Bank, Member FDIC. The insured cash sweep program is only available to Relay customers that have upgraded to Relay 2.0 or signed up for a Relay account on or after January 1, 2023. Relay customers that signed up for an account before January 1, 2023 and have not yet been invited to upgrade to Relay 2.0 are insured up to $250,000 by the FDIC through Evolve Bank & Trust.
Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance are provided through Thread Bank and Evolve Bank & Trust; Members FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.
Magnified Money may receive compensation for sending traffic to partnered sites. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

[@dec7952]

Have you checked out Found self employed bank?

[@tuai_le]

great video, I've been binge watching your videos, does current, sofi and relay work for Australian customers?

[@Darkflamemaster3]

would you make a review of Choice Privileges Select Mastercard Credit Card from wells fargos