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Lili Reviews

4,943,942reviews on ConsumerAffairs are verified
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Edited by: Jon Bortin
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About Lili

Lili is a financial technology platform designed for business owners. Banking and debit card services are provided by Sunrise Banks.

Lili’s Core account is 100% free, with no minimum balance or monthly charges. All accounts come with a Lili Visa Debit Card for easy transactions. Lili offers smart financial tools that help you plan taxes, manage expenses and save.

Visit lili.co
Pros
  • Built-in tools for accounting and tax preparation
  • Send and receive international wire transfers
  • No monthly fees or minimum balance on Core account
  • Grant access to your accountant and team members
  • Up to 4% APY on savings with $500,000 or more
Cons
  • Tax tools and rewards require paid plans
  • Online only (no physical branches)

Lili Reviews

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    Page 2 Reviews 35 - 75
    Verified purchase
    Customer ServicePrice

    Reviewed July 19, 2026

    My experience has been very good with Lili. I liked the options they had. Also, it has been nice to be able to have everything right there online. It has been easy to take and wire money. I like where there's not a charge on wire transfers like some other banks take and do, because a lot of my transactions are wire transfers. Also, Lili has been good on anything I've had to call with.

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    Price

    Reviewed July 19, 2026

    My experience with Lili has been great. I like that they don't really charge a monthly fee. I highly recommend it. It's been great. I'm currently learning the platform.

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    Verified purchase
    Billing

    Reviewed July 18, 2026

    A buddy of mine has a business account with Lili and I was looking to open up a business account for my company as well. I signed up about two months ago and at first, it was a little difficult to get all the information that I was going to be needing, whether it was routing or account numbers. But after a while, now that I've been online a couple of times, it's fine. I like the online payments via international wires. That's something that I'll be using in the future. Currently, I'm mainly using the card for payments that I can do for the company. I've also looked at the features that come with different packages and I'll be looking into that too.

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    Sales & MarketingStaff

    Reviewed July 18, 2026

    Lili was recommended to me through an advertisement on Dun & Bradstreet saying they were a good business bank. I signed up and transferring money has been good. I wish they had a better option that I could do direct deposit to my employees though. That would be awesome. Right now, I have to transfer out of my Lili account to be able to get my direct deposit on time and I would like to be able to do it all with one bank.

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    Sales & MarketingPunctuality & SpeedOnline & AppStaff

    Reviewed July 17, 2026

    ChatGPT gave me a list of potential business accounts, and after reviewing, Lili had the more comprehensive of what I needed to be able to operate my business. The mobile deposit makes it very convenient. You don't have to go to the bank. With the type of business that I am in, it's hard to carve out time in the day to go to the bank to make a deposit. I have no issues transferring money between accounts if I need to do that. Everything's been seamless and smooth. My deposits are always available, usually, earlier than normal. It makes it easy to track transactions. I love the app. It's easy to understand. The only thing I don't like is waiting for my checks to clear.

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    Verified purchase

    Reviewed July 17, 2026

    My experience with Lili has been good so far. Going with them seemed more convenient compared to the other banks, and opening an account with them was quite easy. I'd recommend them.

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    Customer ServiceSales & MarketingPunctuality & SpeedOnline & AppStaff

    Reviewed July 16, 2026

    Lili’s process was seamless and doing business with them is straightforward. The app is easier to work with. I use their checking and savings accounts for my business, and they are very responsive. When you send them an email, they reply very fast. My experience with them has been good.

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    Punctuality & Speed

    Reviewed July 16, 2026

    Lili is a good start for a bank account. It has been a good experience so far. My sister said Lili had no fees. Also, the only thing I had to get was the EIN to sign up. It was simple and quick. They give you notifications of the balance and they send quick alerts. However, when I transferred some money over there, it took three days. But it's because of user error. I'm maybe not using the method that's the fastest to switch money over to that account.

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    Verified purchase
    TechBilling

    Reviewed July 15, 2026

    I was trying to find a bank for my new business and came across Lili Banking. I like that you can set aside money for your taxes and they keep track of that. You can take pictures of receipts, so you don't have to keep the receipts, or at least you have that backup just in case, and it lets you categorize your transactions. I also like that I can put through payment requests, or I can have a check sent out if I want a business check sent out. The flexibility in payments is easy. You can do the ACH, or you can do a wire transfer. You can do pretty much however you wanna do it. It's nice to have everything in one spot because it's overwhelming enough having a business and trying to keep everything together. It makes it a lot easier. It's been a great experience so far with Lili. If you're looking for a specialized account for small business, I would recommend Lili.

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    Verified purchase

    Reviewed July 15, 2026

    When I opened up a business, I was looking for a business account at the time, and I liked the reviews on Lili, so I chose them. I like that with their interface, everything is easy for me to access. I like the application and everything that’s upfront with me. It's easy to access account balances. It's been overall a good experience.

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    Verified purchase
    PricePunctuality & Speed

    Reviewed July 14, 2026

    Lili is easy to set up and manage, and it's affordable as far as deposit-wise compared to others. I like the tax bucket where it detects any deposit that I did. I also use Lili's two-day pay early feature. I haven't had any issues with their online tools.

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    Verified purchase
    PriceRates

    Reviewed July 14, 2026

    We just opened up an account and made one deposit so far. It's the best pricing for a small business that has a small amount of avenue coming in.

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    Customer ServiceSales & MarketingPunctuality & SpeedOnline & AppBilling

    Reviewed July 13, 2026

    For the past couple of years, I've used Lili for paying bills. I use the app and it’s a pretty simple process. Lili is pretty good. They also have the free core. It's pretty good because they offer the Schedule C. But some of the ways that they conduct business are not in a traditional way or a way that I've been accustomed to. So I had to call in regarding a few different things.

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    PriceRefunds & PayoutsStaff

    Reviewed July 13, 2026

    Lili was one of the first ones online that I found when I was looking for business banking. Also, it didn’t cost anything. With Lili, it's pretty easy to transfer money and to receive money, like direct deposit. I'm on the basic plan, so you don't have to pay for anything, and you can create invoices. So, it's really helpful. The invoicing portion has been very valuable to me because I get to create everything and then they send it directly. Lili helps keep business and personal finances separate.

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    Verified purchase
    Staff

    Reviewed July 12, 2026

    Once I got my LLC through Wyoming Law, they recommended me to Lili. I started a new transportation company back in March, and I was trying to form a relationship with someone where I could purchase equipment. I got Lili because they said they were great with business startups. I've just been doing a lot virtually, but so far, so good. The main part about banking is having a bank to help you succeed, to back you. That part I haven't gotten to yet, but I hope and I look forward to it.

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    Customer ServiceSales & MarketingStaff

    Reviewed July 12, 2026

    The people that opened my LLC told me to go with Lili. I did, and it's been pretty good so far. Opening an account with them was very easy. The rep was very helpful at the time that I called. So far, so good. I like the way it tracks everything. It's always gonna notify when something’s being paid or something’s deposited. The mobile app's pretty good as well. It's very standard and I use it all the time.

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    Verified purchase
    Punctuality & Speed

    Reviewed July 11, 2026

    I read a lot of good reviews about Lili. It's a good banking service. Everything is free. When I contacted Lili, they offered a service that no one did, which is a debit card for building your credit for your company. They're great. When you put a check in, it clears, and you're able to use your funds instantly. They have fast turnaround service. They're the best.

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    Verified purchase

    Reviewed July 11, 2026

    It was very easy to do banking with Lili. I do checking and savings with them. The only thing I don’t like is depositing. There's a limit to how much I can deposit per day. It's capped at $1,000. So, if I have money that I need to deposit, I have to do $1,000 increments every day instead of just one lump sum.

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    Price

    Reviewed July 10, 2026

    Lili has been good so far. We were trying to utilize, for a small business, a checking account that wouldn't charge $1,000 to just have $500 every month. Everything just seemed seamless with Lili. The fact that I can move something from a checking to a savings account is cool.

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    Customer ServicePunctuality & SpeedMaintenanceStaffRates

    Reviewed July 10, 2026

    The name "Lili Banking" is catchy. I liked their name, and that was what interested me to open up to see who they were. When I ran across it, I said, "Let me read up on it." When I read up on it, I found out they were around less than two years. It started with 100 accounts and then it went global. So, that was amazing for that aspect to go global in a short period of time. I was amazed how fast they turned around and grew. That's big. If they can grow that fast in a short period of time, then they're somebody I want to grow with and to deal with the next 10 years.

    I just wanted to try something new and go with someone new. Lili is online. They're not an in-house banking. It breaks down all your expenses for you, and they've only been around six to eight years. I was looking for less traffic, too. I've been with Bank of America for 20 years, and it's always traffic. Things are always on hold or I can't get what I need. Since I've been dealing with Lili these couple months, they're good at responding quickly through their text route, or I get in touch with someone on the phone. They're always available when I reach out. That's key. I think Lily is a powerful banking.

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    Punctuality & Speed

    Reviewed July 9, 2026

    I found out about Lili Banking through BusinessRocket. I'm at the beginning, and it's been a couple of months, but it's really slow. It's going well though. Everything that I need is there. But I haven't jumped in head first yet. It's just a side thing and it's very early right now. But so far, so good. For what I'm doing, I've already recommended Lili because it's so simple. It's all you really need because it's just a one-man band type thing.

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    Customer ServiceContract & Terms

    Reviewed July 9, 2026

    Going with Lili Banking is a good move. Enrolling was simple. Lili Banking didn't take me through any type of angles or anything that was extra. Everything seemed to be the way it was. I am able to do everything from my handheld device without having to get on a computer. I was able to cash and deposit checks, send invoices, and do the basic things. Clients can pay you without having to be right next to you. The best thing about it is you can build business credit. Lili starts you off with a minimum limit of 5,000 up to 10,000. That’s ridiculous to just start. When you have none. I had to call Lili to verify something and it wouldn't go through. The website was having a technical issue. They figured it out. And they had it in right then and there.

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    Staff

    Reviewed July 8, 2026

    I came across Lili through the Dun & Bradstreet website. When you sign up and log into their portal, the first thing it asks is if you would like to sign up for a business banking account with Lili. I did and I now have a pre-checking and a debit card with Lili. Lili's service is pretty self-help sufficient. It works good. It's a good online banking platform.

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    Verified purchase
    Customer Service

    Reviewed July 7, 2026

    I heard about Lili through some online marketing. I've been using them for a couple of months now, and it’s fine. No complaints.

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    Verified purchase
    Customer Service

    Reviewed July 6, 2026

    I was looking for a good online bank for my business, and I went through Lili. I liked what I saw and what they offered. So I went on and started banking with Lili. Opening an account was easy, simple, not a lot of red flags, like traditional banks. I like them. I just have one negative thing. I have no one to reach out to. I haven't found the 1800 number to reach out to them, or I think they don't have an 1800 number, or customer service. But it’s been a super great experience with Lili.

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    Customer ServiceStaffTimeliness

    Reviewed July 6, 2026

    Lili had something that caught my attention by trying to get business funding and doing business credit. Signing up with them went smoothly. I've just been trying to figure out what's going on with direct deposit. I get some payroll stuff coming in, doing business. But it came today. Last time, it came the same day they deposited. So, I had some concerns about that. I spoke with a rep last week and the call went well. They were trying to explain to me how the direct deposit stuff worked. But it's hard to get in contact with Lili today. I've been calling since 9 o'clock, and I haven't gotten in touch with anybody. Overall, my experience has been okay. I like that I can see invoices.

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    Verified purchase

    Reviewed July 5, 2026

    With Lili, I'm able to link my business stuff with a tax software easily. I opened up a business savings account with them. Lili is a solid option if you want to have a business account.

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    PricePunctuality & Speed

    Reviewed July 5, 2026

    I’ve been with Lili for four months now. I did a very quick analysis, and it seemed like, based on the fees they were charging and the services they provided, that it was a good option. The signup process was simple and straightforward. However, I had a couple of issues, and I had to solve them through an AI chat that didn't solve them. It wasn't great. I had a couple of things. You can downgrade your plan directly. You need to put in a request. I had two instances where I needed support, and the support was not great. I'm considering canceling.

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    Sales & MarketingOnline & AppStaff

    Reviewed July 4, 2026

    Using Lili makes it a lot convenient to manage our company's finances with the checking and savings account. I can pay invoices, transfer money, and things of that nature. I love the app. It's great. Everything is right there. You can just click on it and take care of whatever you're trying to do. It's really easy. I'd tell others to go with Lili. I haven't had any problems with them.

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    Customer ServiceSales & MarketingOnline & App

    Reviewed July 4, 2026

    I first heard about Lili with Dun & Bradstreet. Because when I was looking into starting the business, I'd heard a little bit about needing a D-U-N-S Number. But then, I realized it's for bigger corporations, not necessarily smaller. Then, they had the credit reporting that you could do, which was cool. Lili's been winning with the factor of the Tax Bucket, and I appreciate the ease of transactions that I get with Lili. Plus, the dispute team was awesome. I got aggressively cold called and pulled out for 180 bucks for advertising for a scammy media group. And they instantly had it redone within a day or two.

    I like the fact that the Tax Bucket doesn't necessarily count your income. And so, when you go back to your Tax Bucket, right now, if I look back at it, I probably got 500, maybe more in there that doesn't count towards when I'm looking at my account, so I'm not assuming that I have all that money. It's actually set aside, truly. Plus, there's a savings account option, and then there is another checking and savings, plus a business credit line that you can access through them.

    The fees can be much, but everyone has fees. But they're pretty solid. And they're right up at the end of the year, and it automatically organizes it for you. That's also nice. However, sometimes, I've been able to ask my browser to pull up the desktop version. Sometimes it'll allow me; sometimes it won't on my phone. But I have a laptop at home. It's not a big deal.

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    Verified purchase
    Price

    Reviewed July 3, 2026

    I was doing research for my business and looking for what would be best and how much income I could take every month. Since I'm just starting my business, it was easier to go with a bank that charges no fees, and Lili was the best fit for me. It's easy to monitor my account, and I mainly use it to deposit money and send money. I'm just using the business checking account. I just wish that Lili was able to connect to Zelle, but I noticed it doesn't. Other than that, it's good banking for someone who's starting a business.

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    Customer ServicePunctuality & SpeedRates

    Reviewed July 3, 2026

    When I started my own LLC, we liked that the Lili platform was fairly easy, and that they had a higher interest savings account attached to them. The signup process with Lili was really simple, easy, fast, and painless. I use their service for checking account. Banking with Lili has made it really simple to manage our company's finances. I like that it's all in one place. They handle giving me my "salary" every month and taking out taxes on it. They have made it really streamlined to do all of my business banking. I had somebody that was not me using my card at a Walmart. I didn't know about that. So, I had to call them and tell them that that was not me, and it was really easy and simple. The whole thing was resolved before I hung up the phone.

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    Customer ServiceSales & MarketingPunctuality & SpeedOnline & AppStaffEase of Use

    Reviewed July 2, 2026

    I was looking to open a business checking account with no fees, and that's what Lili had. It was very simple. My experience with them has been positive. Occasionally, there are hiccups, but I'm usually able to call, and they can get it resolved pretty quickly. However, having to call and sort through the menus is always a pain in the butt. But once you get a person, it's usually helpful. Also, the app is super easy to use. I like that it's free, too.

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    Customer Service

    Reviewed July 2, 2026

    I run a company business, so I'm always on the road. I didn't want a physical bank, like the big banks. I need to be able to access, move my money, and do everything I can from my phone. That's so much more convenient for me. The service at Lili has been pretty good. When I do have issues, the service has been pretty sufficient. You can do the tax bucket, which I utilize. I really like that. You can classify everything right there. You can invoice from it. It's just an all-in-one platform. So, it works out really well for me.

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    Sales & MarketingOnline & App

    Reviewed July 1, 2026

    I needed a business account, and Lili came up. I signed up, and I can't say anything bad about the banking. It's just a standard bank account. Sometimes it's hard if you have questions because you can't speak to someone. It was more like a red flag. Also, it's not a brick and mortar. It's a fintech. However, the chat system was fine when I asked the questions that I needed. In my eyes, it is mandatory to have a second account. Overall, the banking experience hasn't been bad.

    I would still recommend Lili, but in my recommendation, I would tell people to also have a secondary bank account that's a brick and mortar. I would also give them feedback of what my pros and cons are. But overall, Lili is a solid bank in regards to starting out and having a business bank account that's necessary. It serves its purpose. The app is very functional. You can invoice through it.

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    StaffEase of Use

    Reviewed July 1, 2026

    Lili was a suggestion while I was setting up a business and it made sense to click into it and keep things rolling. I went with them in March because of the convenience. It has a couple of accounting tools and it helps keep everything together. So, it’s an all-in-one show. I use the accounting and invoicing backend service that they offer and I also have a business checking account with a card and a business savings account. Lili is simple and easy to use.

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    Verified purchase

    Reviewed June 30, 2026

    I did a Google search and found Lili. I went with them, and I saw a lot of the features where it separates your finances. I like that feature where the transaction that you make, you can place it into a file, and it separates it. And you can name it.

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    Verified purchase

    Reviewed June 30, 2026

    It's more the climate of how America is, but overall, Lili is fine to do business with.

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    Tech

    Reviewed June 29, 2026

    I've been working with Lili for over 90 days. They said they work for new startups, so that was why I picked them. Everything's been great. Even categorizing my transactions has been great. When I get my direct deposits from my vendors, it goes right to my account. So, that's been great. I am doing the business banking with them. I didn't try to do the credit builder yet, but I'll be trying that within the next 60 days.

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    Sales & MarketingOnline & App

    Reviewed June 29, 2026

    When I signed up, Lili Banking was one of the first things I saw. I was looking to build and establish my credit, and Lili has a lot of great qualities. I've been loving them ever since. They're easy to deal with and I like them. I can go anywhere I want to take money off and the app is very accessible. When I started getting deposits that come on time, it gave me confidence that Lili was the right choice. I'd tell others to sign up with them because they're a really good bank.

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    Lili Company Information

    Company Name:
    Lili
    Website:
    lili.co