Lili is an all-in-one business banking platform designed for business owners, offering premium banking services with no account fees and no minimum balance requirement. In addition to business banking, Lili offers accounting, invoicing2 and tax preparation software so you can seamlessly manage your business finances, saving time and money.
The Lili banking platform is available on iOS and Android mobile devices, as well as on desktop via the Lili web platform.
Our mission at Lili is to empower small business owners by making the financial aspects of their business easier to manage and understand. Our focus is on instilling confidence in our customers so they can focus on growing their business. To accomplish this, we provide a platform to manage banking, accounting, invoicing2, and tax preparation all in one place.
Yes! Lili offers a business checking account designed for small business owners. Lili also provides accounting, invoicing2 and tax preparation software that helps businesses operate seamlessly and focus on achieving success.
No hidden fees, easy account set-up, 24/7 access via our intuitive mobile app and web-based platform, no withdrawal fees from ATMs across the US (fees from ATM owner or other banks still apply), data-driven financial insights that help you manage your money, a Visa® business debit card that gives back with the Visa SavingsEdge rewards, special functionality tailored to the unique needs of business owners, including like the ability to instantly categorize business and personal expenses, smart bookkeeping, the ability to create and send professional invoices or automatically set aside a portion of every deposit into a Tax Bucket2 for tax season. Need we go on?
Lili offers a Savings Account with 2.00% APY2 to Lili Pro, Smart, and Premium users that allows you to automatically save at least $1 per day, or by manually transferring any amount to your Savings Account.
Yes! Lili offers Lili Pro, Lili Smart, and Lili Premium customers fee-free overdraft with our BalanceUp feature4. BalanceUp enables you to make debit card purchases that overdraw your Lili account up to $200 with no overdraft fees.
Once you open your account and download the Lili app, you can start using your digital card! To view your card details, open your Lili mobile app/log in to your Lili account via the web platform, go to the menu, and tap on ‘View My Card’.
Your physical card will be sent automatically after opening your account to the address provided while signing up.
Yes – you can withdraw cash from your Lili account at ATMs anytime! Lili doesn’t charge withdrawal fees from more than 38,000 ATMs across the US. You can find the ATM closest to you using our Free ATM locator available in your Lili account.
Lili offers our customers powerful accounting tools including expense categorization, smart bookkeeping, invoicing2 and tax preparation tools.
If you currently use Quickbooks, you can integrate Quickbooks with your Lili account by following the steps here. Once your Lili account is connected to QuickBooks, it will automatically send transactions to QuickBooks on a daily basis.
You can find the answers to many frequently asked questions in our Help Center.
If you still have any questions, our Customer Service team is here to help! We’re available Monday through Friday via email at [email protected]. Our hours of operation are Monday to Friday, between 9 AM and 7 PM EST. You can also check out our chat bot via the Lili platform, which is available to assist you 24/7!
There is nothing more important than protecting your information and privacy. In addition to your account being FDIC-insured by Choice Financial Group, Member FDIC, we have multiple layers of security both on our website and within the Lili platform to ensure the safety and integrity of your account and data.
There are important things you should do to keep things secure on your end, as well. Make sure you choose passwords that only you will know and if you have access to more sophisticated technology like Touch ID or facial recognition, use it!
If you notice a transaction that you don’t recognize, please follow the steps listed here.
If you don’t recognize a transaction in your Lili account, we urge you to temporarily freeze your card in order to avoid any other fraudulent transactions being posted in your account. You can do so as follows:
Log in to your Lili account via the app
In the Menu, under Lili Card Settings, switch “Transactions are allowed” to off.
After following the above steps, you should contact us immediately by calling 855.545.4380.
Lili is a technology company and not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Lili Visa® Business Debit Card is issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A.
1 Available to Lili Pro, Lili Smart, and Lili Premium account holders only, applicable monthly account fee applies. Please refer to our Terms and Conditions for details.
2 Available to Lili Smart and Lili Premium account holders only, applicable monthly account fee applies. Please refer to our Terms and Conditions for details.
3 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 March 28, 2023. No minimum balance required. Must have $0.01 in savings to earn interest. Available to Lili Pro, Lili Smart, and Lili Premium account holders only.
4 BalanceUp is a discretionary overdraft program for debit card purchases only, offered for Lili Pro, Lili Smart, and Lili Premium Account holders. You must meet eligibility requirements and enroll in the program. Once enrolled, your Account must remain in good standing with a deposit and spending history that meets our discretionary requirements to maintain access to the feature. BalanceUp overdraft limits of $20-$200 are provided at our sole discretion, and may be revoked any time, with or without notice.
5 Early access to ACH transfer funds depends on the timing of payer’s submission of transfers. Lili will generally post these transfers on the day they are received which can be up to 2 days earlier than the payer’s scheduled payment date.
6 Up to $1,000 per 24 hours period and a maximum of $9,000 per month. Some locations have lower limits and retailer fees may vary ($4.95 max). Note that Lili does not charge transaction fees.