Lili review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Lili gives small businesses and expats a US business account with a $0 monthly fee and 140 currencies to work with. Interest is credited daily at a variable rate of 2.25% to 4%, and the cost to watch is international wires at USD 25 outbound, USD 15 inbound international wire.
Key facts
- Best for
- A fee-free US business account for people paid in or spending across many currencies.
- Headline rate
- 2.25% to 4%↗
- Rate type
- Variable↗
- Minimum deposit
- $0↗
- Deposit protection
- FDIC up to USD 250,000↗
- Access terms
- On-demand access, no lockups, daily interest crediting from the first dollar↗
- Monthly fee
- $0↗
- Account kind
- Easy access↗
- Legal entity
- Lili App Inc.↗
- Headquarters
- United States↗
- Founded
- 2018↗
- Support channels
- Phone, Email, Chat, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- lili.co
Everyday accounts
Money transfer
- Exchange rate markup
- 1%↗
- Delivery time
- Typically 1-5 business days, as fast as 24 hours↗
- Payout methods
- Bank↗
- Fee to send 1,000
- $25↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- It is an easy access account with on-demand access, no lockups and interest credited daily.
- Deposits sit under FDIC up to USD 250,000.
- Currency conversion carries a fee of 0%.
- Access to 140 currencies suits business money that crosses borders.
Cons
- International transfers carry a charge of USD 25 outbound, USD 15 inbound international wire, which is the main cost once the monthly fee is $0.
- Interest is variable, quoted as 2.25% to 4%, so returns can slip with the base rate.
- Local payment details cover US ACH only, us ach, so euro and sterling payments lean on wires.
Who it suits
- Small businesses and expats, the stated audience in business and expats.
- Owners and founders paid from abroad who hold cash in several currencies.
- Anyone who wants on-demand access to the balance without a notice period.
Who should look elsewhere
- Anyone after a fixed return should compare Plazo ES, quoted at a headline rate of 24.19%, rather than a variable rate.
- People wanting card credit rather than business banking should look at AXI Card Tarjeta y Credito, quoted at 21.59%.
- Not for savers who want a plain consumer pot: PayPal Colombia fits customers already inside that ecosystem, at a headline rate of 3.3%.
Who runs it
Lili is run by Lili App Inc., a business based in the US that has been trading since 2018. Help runs through phone, email and chat, so the help centre, email, live chat and a phone call are all options, and the same company handles the business account side.
How Lili compares
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Where Lili is available
- Available
- Argentina, Australia, Bolivia, Brazil, Canada, Chile, China, Colombia, Ecuador, India, Israel, Mexico, New Zealand, Norway, Panama, Paraguay, Peru, United Arab Emirates, United Kingdom, United States, Uruguay
- Licence in United States
- FDIC, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to hold a Lili account?+
The business account carries a monthly fee of $0 and a minimum deposit of $0, so there is no set-up charge to clear before you start. Currency conversion is listed at a fee of 0%, while the exchange rate itself carries a markup of 1% on top.
Is my money protected?+
Deposits are covered by FDIC up to USD 250,000, which sets the cap per depositor. The scheme is the US one attached to the account, so it protects the US balance you hold with Lili rather than money already sent abroad.
What interest do I get, and can it change?+
Interest is credited daily and the account has no lockups, so money stays available. The rate is variable and quoted at 2.25% to 4%, which means it can move with the base rate rather than being locked for a term.
Who is the account built for?+
The stated audience is business and expats, so it is aimed at business owners and expats rather than general household saving. Business banking sits at the centre, with a US account, ACH details and balances in 140 currencies for money that crosses borders.
How do I get money in and out?+
Local details cover US ACH, us ach, so domestic payments and deposits move without an international route. Outbound payouts go to a bank account, bank, and international wires cost USD 25 outbound, USD 15 inbound international wire. Access is on demand, so transfers happen whenever they are needed.
How fast are international payments?+
Delivery runs Typically 1-5 business days, as fast as 24 hours on international payments, which is quick for cross-border transfers. The exchange rate carries a markup of 1% over the mid rate and there is no separate conversion charge, 0%. Wire fees apply on top at USD 25 outbound, USD 15 inbound international wire.
What support can I reach?+
Support covers phone, email and chat, so the help centre, email, chat and a phone are all in the mix. A help centre covers routine questions while phone support is there for anything written up. Phone support sits with 79.5% of the brands compared here, and Lili counts among them.
How many currencies can I hold?+
The account covers 140 currencies, well past the 5 typical count across the brands on this site. us ach details handle US payments, and other currencies move through international transfers with the exchange markup of 1%.
Sources
- en.wikipedia.org/wiki/Lili_(platform) checked September 26, 2026
Backs: Founded
“Lili was founded in 2018 by Lilac Bar David and Liran Zelkha.”
- lili.co checked September 26, 2026
Backs: Free ATM withdrawals, Deposit protection, Headquarters, Legal entity, Support channels, Licences
“Lili does not charge debit card fees related to foreign transactions, in-network ATM usage, or card inactivity, or require a minimum balance”
- lili.co/business-banking checked September 26, 2026
Backs: Access terms, Account kind
“Daily earnings from the first dollar. No lockups, no penalties”
- lili.co/faq checked September 26, 2026
Backs: Audience
“Lili supports international founders and non-U.S. residents operating a registered U.S. business”
- lili.co/international-payments checked September 26, 2026
Backs: Delivery time, Exchange rate markup, Payout methods, Fee to send 1,000
“International payments are processed on business days from 8 AM-4:30 PM ET and typically arrive within 1-5 days. Payments sent before the cutoff may arrive as soon as the next business day.”
- lili.co/legal-documents/sunrise-account-agreement checked September 26, 2026
Backs: Local account details
“You may initiate direct deposits to your checking Account by providing our Routing Number, 091017138”
- lili.co/plans checked September 26, 2026
Backs: Headline rate, Minimum deposit, Pricing model, Monthly fee, Rate type
“Savings with up to 4.00% APY3 - 2.25% APY applies to balances of up to and including $500,000. 4.00% APY applies to balances over $500,000 and up to and including $1,000,000”
- lili.co/us-business-account checked September 26, 2026
Backs: Currencies, Features, Currency conversion fee, Transfer fee
“Send and receive payments in 140+ currencies with transparent fees”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term.
Related by the facts
Lili
A fee-free US business account for people paid in or spending across many currencies.