Lili fees vs. old banks’ fees

Category Lili Old Banks
Expense Management $0.00 Not Available*
Monthly service fee $0.00 $10 – $15/month
Minimum balance required $0.00 $500 – $5,000
Minimum initial deposit $0.00 $25 – $1,500
Overdraft fees $0.00 $35
Foreign exchange rate adjustment 0% 1% – 3%
ACH Bank Transfer Fee $0.00 $3 – $10
ATM fee – in network $0.00 $2 – $4
ATM fee – out of network $2.5 $2 – $4
ATM fee – outside of US $5 $2 – $5

 *Not available from old banks, but add $12-$19/month for expense management software.