
Lili Reviews
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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- 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
- Tax tools and rewards require paid plans
- Online only (no physical branches)
Lili Reviews
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Reviewed Aug. 7, 2026
I was doing research on Google search trying to find what I would consider the best option for my future business and the immediate goals. I decided to go with Lili because it really fits the scale that I'm at as far as my business right now. It's really a foundational scale right now. During this time, I'm also trying to build my business credit as well. So, I just want to get the foundation established and have a great ground base. Lili is the best fit overall.
The only negative thing is that during the initial phase, I was having trouble. I had already made a couple deposits and had the account open, and I did upload the picture, the actual picture of my EIN, and I thought everything was fine. I had received a notice saying that my account would be closed if I didn't correct this. Upon going back into the dashboard, there was no option for me to even upload the document. Everything just appeared as it was okay. So, the situation kind of self-resolved itself. It could have been because my LLC was fairly new. So, maybe that had something to do with it at the time. It was just an inconvenience at the time. Overall, Lili has been very dependable.
Reviewed Aug. 7, 2026
I needed a business bank account and I couldn't get one with any other bank at that moment, which made me decide to go with Lili. The enrollment process was simple and step by step. I value Lili’s credibility the most. Communicating with Lili is very easy. As soon as I send a message, I get a reply back. They keep me updated on everything. The biggest benefit of working with them is keeping track of everything that’s going on and being able to see where the text message could possibly be. Lili has helped out my business out a good bit. People should go for it. It'll open up a bunch of other doors.
Reviewed Aug. 6, 2026
I Googled Lili, and the savings interest led me to select them over the competitors. The experience has been great. I don't think I've utilized the tools as well as I should, but it's my first business card. I'm just getting started and I'm new to all this. Categorizing the payments has been the most valuable feature. It takes a lot of our time if you don't offer that feature, and business owners like us don't have a ton of time to do that. So, it takes it off our plate. People considering Lili should do it. It's great.
Reviewed Aug. 6, 2026
My experience with Lili has been good so far. It’s been effective for what I needed. I read some reviews when I was looking, and everything seemed positive. Opening the account when I needed it was easy. It was a simple process and wasn't long or drawn out. The feature I value most is the ability to have a percentage of my money taken out for taxes each week. It's just easier because I don't see it, and I don't have to fool with it. Being a truck driver, it makes it simpler for me to communicate with customer service online than having to talk to somebody all the time. The only issue I've had was when somebody tried to hack my account. They immediately canceled my card and sent me another one. I was surprised at how quickly they handled it. It was handled almost immediately. The only thing I wish were different is not being charged a fee for doing transfers.
Reviewed Aug. 5, 2026
I heard about Lili over the internet and I was curious because they say they're a good bank. I went and opened the account with them, and so far, so good. One time we called them, the rep was professional. Once they receive a deposit from my account, they let me know that. They keep the communication up. The price and fee are okay. But I'm trying to link the account to another account to make a wire transfer and that's turning around for a while. I cannot link those two accounts. Lili could make it more user-friendly and easy to link the accounts. They're asking me to download but I don't know if it's the app. Other than that, it's worth trying to do business with Lili.
Reviewed Aug. 5, 2026
I got my business bank account from Lili two months ago and I don’t like that to put money in, I gotta go over to Walmart. The transaction takes too long sometimes when I switch money from one account to Lili. It's not instant like my other bank account, where I send money from one to the other and it's instantly there. If it were faster to switch money from my account to the Lili bank account to make a payment without going to a Walmart store like that, it would be awesome.
Reviewed Aug. 4, 2026
I was on the internet searching, and I kept running into positive reviews about Lili from other small business owners that were getting started with their business as well. I followed their lead and it was a good choice. I was trying to get started but other banks required too much and there were too many loopholes. With Lili, it was simple and straight to the point. I understood everything right away. What really got me was they were offering free savings account. It helps my business thrive. I've been able to smoothly operate around my business with Lili and not have to worry. I've been at ease and at peace.
I've also been exploring other services on there that I can utilize for my business. I've seen quite few like invoice and business credit building. I definitely recommend Lili for all businesses. I would love to see a branch in the Chicago area and be able to go in and talk to someone. But from my experience, I haven't had a bad experience yet and I don't see me having one. Everything has been simply amazing. Lili been fast, efficient, and so reliable.
Reviewed Aug. 3, 2026
Lili is a really helpful tool for keeping track of my taxes and using savings. I do direct deposit for my small business. It’s been a good business banking company. It’s also been easy doing business with them.
Reviewed Aug. 3, 2026
I've been setting up new companies, and I've been trying different ways to start building the score and building the credit profile. I came across Lili by looking for a solution to do that. I also saw that Lili offers a product that allows me to create a subscription that's going to be reported as long as I use it correctly and also offers a credit line that helps me out in building credit for the entity. At this moment, it's started building the credit profile for the entity that I'm building so I can create a reputation for the company. It allows to grow my company to be recognized and have liquidity for the operations and allows me to run the company efficiently. They have reasonable fees for the service as well. But in terms of banking, I don't think it's very useful because there are a lot of different banks out there that you can work with that probably have a bigger stamp in the market.
Reviewed Aug. 2, 2026
I have an online business, and I've been a member with Lili for about two months. I use it for a deposit from my internet banking. It's a really good product. I was pretty impressed by it for being so easy to use and quick. It didn't take a long time. There are a lot of good features on there that I haven't got to use yet, but they look like they're good. So looking forward to trying those out.
Reviewed Aug. 2, 2026
I looked online for a business checking account and Lili sounded good. I was able to open my business checking account, and it's still open. It was a very easy experience. I don't like the AI since I like talking to a live representative. But it’s easy to get one by requesting to speak with a live person, and it takes only a few minutes. I have their number so I just call them, and I’m not on hold for long. One thing I don't like is that I can't send the wire unless it's an ACH. I can't even deposit a check over 15,000. They have a limit and I don't like that either for mobile deposit. I also don't like that I have to pay a $35 monthly service fee.
Reviewed July 31, 2026
I've had my first business since 2018. So I heard about Lili through certain programs like SBA and my mentors. I was told that Lili could get the work done and they help with business credit. The business is brand-new. So I'm getting everything off the ground by getting all the state legal documents certified. Right now, it's more of me just using my personal estate to keep the business account active until I actually maneuver into this business. But I like Lili. Lili is amazing. But when I wanted to make sure that I was dropped down to the small lease monthly fee because I ended up paying a balance that I wasn't familiar with last month, it has been a difficult time for me to reach their representatives to take care of that.
Reviewed July 31, 2026
We went with Lili because it is online banking, first of all. We do not need to go to any branch or anywhere physically. Their enrollment process was good and easy. I like that whenever we need to transfer any money, we do it online. I like that we also do not need to maintain any balance. However, maybe they can issue an ATM card, which we can use for other banking. That would be really good. Like right now, if I want to withdraw money, we don't have any ATM card.
Reviewed July 30, 2026
I had gotten into some issues and I couldn't get a bank account with the banks that I initially had accounts with. I was trying to reestablish myself. My wife uses Lili and I went with them as well. So far, it's okay. I'm trying to do the business credit builder, and as far as the bank itself, I like it. I like the fact that I can categorize my expenses real time. I can manage the business from the app and from the bank account. I do small business consulting and I recommend for those individuals who can't get their traditional account. If they find themselves needing “second chance” banking, I always refer them to Lili.
The only thing was I had a business secured card and I got the notice that I didn't have enough funds in my account to cover the monthly fee, so I transferred money from my personal account, which is gonna take a couple of days. I got a notice the day that the payment was due that my account was shut off. I don't understand that. I hadn't needed to use my account, so it didn't impact my business. But had I needed to use my account, the deposit would have taken five business days, and I wouldn't have had access to any. I don't think that's good.
Reviewed July 24, 2026
My main objective was to try to build some type of credit report. Lili Bank was the first option. It said that dealing with that credit, they report directly with Duns and Bradstreet. However, I've been running into a couple problems, because with Lili, it's hard for me to submit payments. And I have to wait days for the payment to clear. But the payments that were directly deposited into Lili have been great. It was just for my cash deposit.
Reviewed July 24, 2026
I was trying to look around and see where I could find a bank that would be better for business. I found Lili, and getting started with them was fine. Going with them was about what I expected. I also like their online service feature. My experience with their app has been good as well.
Reviewed July 23, 2026
Lili offered a program that allowed you to build business credit with Dun & Bradstreet. That interested me most about them. Opening up was pretty quick, but I was very much frustrated because the only reason I opened an account with them was so that I could use their program and use their business credit card, but I wasn't able to use it up until today. I got accepted when I did the whole application. When I called them, they said it usually takes two to three business days to process. But three days went by, and they just kept giving me the runaround, “Oh, it should take two to three business days.” Finally, after two weeks of calling several times and getting the same answer, someone told me that they would escalate this to higher ups. But they didn't have any direct line for whoever was in charge. All they could do was put in a ticket. They couldn't give me an email or number.
To this day, I'm unable to speak to whoever was supposed to be making that decision. That program costs $18 a month. So, you get the business credit card, but then you also get all these Zoom lecture type seminars that basically help you to build your business credit. They give you more information on business credit. But I didn't care much about that. I cared more about the actual credit card and connecting my Dun & Bradstreet. A whole month and some change went by. I paid the $18 for nothing, in my opinion, and wasn't able to get the business credit card going. Neither was I able to get a definitive explanation as to why. So, I canceled it, but I still use the bank.
The biggest benefit of Lili is that I'm able to incorporate it with different apps. Right now, we use it for operations, and if I want to connect it with an accounting app, there are a few features, like it's able to allow me to upload my receipts. So, they go hand in hand with the transactions. If I use any other app, it's able to transfer all that data, both the transaction as well as any pictures that I uploaded. I can do my books a lot easier and track things a lot better.
Lili could have a better system of communications and banking with their FDIC affiliate. If they had a more integrated system to be able to take care of customers and customer relations, just connecting us with the actual bank, having a phone number or access to whatever bank that they use. So, I can go in and see somebody or talk to an actual decision maker on my account, rather than just representatives that say they'll get back to you. If you have a niche type of problem, don't expect it to get solved in a first call.
I could tell that a lot of people I got on the phone with have only been trained on 10 or 20 common issues. But if you have a specific structure that you want for your business, or you have something that's outside of their scope, it's really hard to get assistance with that. They will just give you the runaround and tell you, “Oh, we've contacted so and so. They should be reaching out to you,” and they never will. But outside of that, if it's something that they know, then they can assist you, and they're pretty quick with it.
Reviewed July 22, 2026
I've been with Lili for a couple of months for my business, but it's just me, not payroll or anything like that. I'm satisfied with it.
Reviewed July 21, 2026
I heard about Lili online. I tried them and their customer service has been great.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Lili Company Information
- Company Name:
- Lili
- Website:
- lili.co
