Relay just rolled out a tiered pricing model for 2025*—and if you bank on Relay (or you’re Profit First-curious and want multiple business bank accounts), you’ll want to know what changed, what didn’t, and how to choose the right tier without overpaying.

I’ve used Relay for years because it makes cash management and envelope-style banking simple: open multiple checking accounts in minutes, automate your allocations, and get clean visibility into taxes, owner’s pay, operating expenses, and more.

The big update?

Relay now offers three plans—Starter, Grow, and Scale—with added features that can save real time and money if you’re growing.

Below, I’ll break down each plan, show you exactly who it’s best for, and give you a quick math test to see if upgrading pays for itself just from the extra interest you’ll earn on Relay’s savings accounts.

👉 Ready to open or upgrade? Start with Relay here (and get a partner bonus when you fund): https://www.jamietrull.com/relay

*Relay is a financial technology company, not a bank. Banking services are provided by Thread Bank, Member FDIC. FDIC insurance eligibility and balance limits apply.

What Stayed the Same (Why I Still Recommend Relay)

• Multiple checking accounts: Open and name separate accounts for Taxes, Owner’s Pay, Operating Expenses, Profit, Opportunity Fund, etc.
  
• Two savings accounts on every plan.
  
• Integrations with top accounting platforms (e.g., QuickBooks Online, Xero), receipt capture, and clean transaction exports.
  
• No monthly account fees on the Starter plan.
  
• High FDIC coverage through Thread Bank (up to $3M; see Relay for details).
  
• Easy controls for cards, users, and recurring payments.
  

If you love Relay because it supports a Profit First or PROFFIT Plan™ style, the core experience is intact—just with more options for teams that want bill pay automation, invoicing, and higher savings APY.

Relay’s New Plans at a Glance

1) Starter — $0/month

Best for: Solopreneurs, brand-new LLCs, side hustles, and anyone who wants to test Relay’s core features with no monthly fee.

• Up to 20 checking accounts (great for Profit First/PROFFIT Plan™ buckets)
  
• 2 savings accounts (APY currently listed in the video at 1.03%)
  
• Receive ACH/wires generally $0
  
• Send standard ACH $0; same-day ACH available a la carte
  
• Receipt capture & storage
  
• QBO/Xero integration (default bookkeeping automation)
  
• Invoicing: basic payment links (rolling out)
  
• Good for: Getting organized, separating cash buckets, simple workflows
  

2) Grow — $30/month

Best for: Small teams ready for more automation, heavier bill pay, and higher savings APY without the enterprise price tag.

• Up to 20 checking accounts
  
• 2 savings accounts (APY currently listed at 1.75%)
  
• Same-day ACH/wire fees lower than Starter
  
• Enhanced bill pay features and automations
  
• Advanced invoicing options (more customization as they roll out)
  
• Custom bookkeeping automation (not in Starter)
  
• Good for: Streamlined payables, tighter accounting workflows, modest interest lift
  

3) Scale — $120/month list (currently $90/month promotional price per video)

Best for: 7-figure+ businesses and teams that want deeper automation, more accounts, and the best APY.

• Up to 50 checking accounts (for complex orgs/divisions/projects)
  
• 2 savings accounts (APY currently listed at 3.03%)
  
• 10 free same-day ACH/month, then $1 each (vs. $5 on lower plans)
  
• Lower domestic wire fees than lower tiers
  
• More cash-back potential on Relay’s credit card (if you use it)
  
• Invoicing: branded, recurring invoices (rolling out)
  
• Insights & forecasting dashboard (coming soon)
  
• Good for: Higher balances, multi-entity or project-heavy businesses, finance teams
  

⚠️ Rates & features can change. Always check current APY and pricing on Relay’s site before you decide.

What’s New (and Why It Matters)

A) Invoicing inside Relay

Relay is rolling out first-party invoicing so you can create, send, and collect right from your banking hub. On higher tiers you’ll see branded and recurring invoices, which is huge if you want fewer tools and faster cash collection.

B) Bill pay automations

Relay’s payables are getting smarter. If you’re handling vendor bills inside Relay, higher tiers unlock more intake, routing, and automation—think fewer manual touches and fewer “did we pay this?” moments.

C) Faster payments when you need them

If you rely on same-day ACH or send frequent wires, Scale’s included credits and fee reductions can add up quickly (and reduce “rush fee” stress).

D) Higher APY on savings

This one can literally pay for your upgrade. Scale’s APY (3.03% in the video) can offset the monthly fee when you hold meaningful balances for taxes, reserves, and planned investments.

Choosing a Plan: Start with Your Use Case

Ask yourself:

1. How many cash buckets do you actually need?
   
   • Profit First/PROFFIT Plan™ users: 6–12 accounts is common; Starter or Grow is plenty.
     
   • Multi-brand/department/project orgs may need 20–50 → Scale stands out.
     
2. Do you handle bills in Relay (vs. inside your accounting platform)?
   
   • Light bill volume → Starter.
     
   • Heavy payables & approvals → Grow/Scale automations are worth it.
     
3. Do you need faster rails?
   
   • Sales cycles with tight delivery deadlines, payroll timing, vendor deposits?
     
   • Scale’s 10 free same-day ACH and lower wire fees can save time & cash.
     
4. Will you use invoicing in Relay?
   
   • If yes, and you want recurring/branded invoices, Grow or Scale are better fits.
     
5. How much do you keep in savings on average?
   
   • This is the big one. The APY jump on Grow/Scale can offset the monthly fee (or better).
     

The Quick Math: Will a Higher APY Pay for Your Upgrade?

Use this simple formula:

Extra Annual Interest ≈ Average Savings Balance × (New APY – Starter APY)

Then compare Extra Annual Interest to the Annual Plan Cost.

Current APY assumptions from the video

• Starter: 1.03%
  
• Grow: 1.75% → Δ = 0.72%
  
• Scale: 3.03% → Δ = 2.00%
  

Annual plan costs

• Grow: $30 × 12 = $360
  
• Scale (promo): $90 × 12 = $1,080
  
• Scale (list): $120 × 12 = $1,440
  

✅ Example 1: $20,000 average in savings

• Grow extra interest: $20,000 × 0.72% = $144 (< $360) → doesn’t pay for itself on interest alone.
  
• Scale extra interest (promo): $20,000 × 2% = $400 (< $1,080) → doesn’t pay for itself on interest alone.
  

✅ Example 2: $50,000 average in savings

• Grow extra interest: $50,000 × 0.72% = $360 → breaks even with Grow’s $360/year.
  
• Scale extra interest (promo): $50,000 × 2% = $1,000 (< $1,080) → close but not quite.
  

✅ Example 3: $75,000 average in savings

• Grow extra interest: $75,000 × 0.72% = $540 → beats the $360 cost.
  
• Scale extra interest (promo): $75,000 × 2% = $1,500 → beats the $1,080 cost by ~$420 net.
  
• Scale extra interest (list $1,440): $1,500 – $1,440 = $60 net → still positive.
  

✅ Rule of Thumb

• Grow often starts to make pure interest sense around $50,000 average savings.
  
• Scale (at $90 promo) starts to pay on interest around $70–$75K average savings; at $120 list, closer to $75–$80K.
  

If you’re consistently holding lower balances, choose based on features (bill pay automation, faster rails, invoicing).

If you’re holding higher balances for taxes, runway, or planned investments, higher APY can do the heavy lifting.

Feature-by-Feature: Where the Tiers Differ

Accounts & Cards

• Starter/Grow: up to 20 checking accounts
  
• Scale: up to 50 checking accounts
  
• Debit & credit cards across tiers; Scale may unlock higher cash-back on the Relay credit card.
  

Receiving Money

• ACH/wire receipts are largely $0 across tiers.
  

Sending Money

• Standard ACH: $0 (all tiers)
  
• Same-day ACH: Scale includes 10 free per month, then $1 each (vs. $5 on lower tiers)
  
• Domestic wires: Lower fees on Scale
  

Bills (Payables)

• Starter: core bill intake/creation
  
• Grow/Scale: more automations and workflows (with additional “coming soon” features)
  

Expenses & Accounting

• Receipt capture and QBO/Xero integration on all plans
  
• Custom bookkeeping automation: Grow/Scale
  
• Insights & forecasting dashboard: coming soon (likely Grow/Scale)
  

Invoicing (New)

• Starter: basic payment links
  
• Grow: enhanced options
  
• Scale: branded and recurring invoices
  

Pro tip: If you’re already paying for separate invoice/bill pay tools, consolidating into Relay may save a surprising amount—even if APY alone doesn’t justify the upgrade.

Who Should Choose Which Plan?

Pick Starter if you:

• Are just getting started (or you’re a happy minimalist).
  
• Want 20 accounts for Profit First/PROFFIT Plan™ buckets.
  
• Don’t need faster rails or advanced payables.
  
• Keep < $50K in savings most months.
  

Pick Grow if you:

• Want more automation in bill pay and bookkeeping sync.
  
• Will use invoicing beyond basic payment links.
  
• Keep around $50K–$75K in savings and want APY to help offset the fee.
  
• Prefer fewer tools (and cleaner workflows).
  

Pick Scale if you:

• Need 50 accounts for departments, projects, entities, or advanced PROFFIT Plan™ buckets.
  
• Use same-day ACH and wires regularly.
  
• Want recurring/branded invoicing inside your bank.
  
• Will leverage the 3.03% APY (video) to offset the monthly fee (especially $90 promo) with $75K+ average savings.
  

Smart Ways to Maximize Relay (Whatever Your Tier)

1. Automate your allocations: On paydays or receivable days, auto-move percentages into Taxes, Owner’s Pay, Operating, Opportunity Fund, and FUN/Impact funds.
   
2. Time your savings: Park tax/seasonal reserves in your Relay savings to earn APY while you wait.
   
3. Separate subscriptions: Create a dedicated Subscriptions checking account to spot leaks and control renewals.
   
4. Use virtual cards (if/when available on your setup) per vendor to kill zombie renewals with a single click.
   
5. Invoice + receive in one place: As invoicing rolls out, you’ll shorten DSO (days sales outstanding) and improve cash clarity.
   
6. Upgrade when features or balances justify it: Start on Starter, move up when the math (or the workflow) works.
   

FAQs (Frequently Asked Questions and Answers)

Is the Starter plan still free?
Yes—no monthly account fees on Starter.

Do I lose features if I stay on Starter?
No. You keep the core Relay experience (20 accounts, 2 savings, receipt capture, integrations). Grow/Scale add automation, faster rails, invoicing upgrades, and higher APY.

Are those APYs guaranteed?
No—APY can change. Use our rule-of-thumb math and always confirm current rates on Relay before deciding.

Can Relay replace my invoicing/bill pay tools?
Increasingly, yes. With invoicing and bill pay automations rolling out, many small teams can consolidate and save.

What about FDIC insurance?
Relay is a fintech company. Banking services are provided by Thread Bank, Member FDIC. Check Relay for current coverage details (up to $3M as referenced).

Bottom Line: My Recommendation

• Just getting started or love it simple? Stay on Starter and enjoy 20 accounts, 2 savings, and $0/month.
  
• Want smoother payables and bookkeeping? Grow earns its keep with automations—and may break even on APY around $50K in savings.
  
• Running a bigger, more complex shop—or holding larger reserves? Scale is a strong value at $90/month promo and often pays for itself around $75K+ average savings. Faster payments, more accounts, and advanced invoicing are the cherry on top.
  

If your Profit First/PROFFIT buckets are already humming along, you’ll love how these tiers scale with you—not against you.

👉 Open or upgrade your Relay account here (partner bonus when you fund): https://www.jamietrull.com/relay

Relay is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. APYs, pricing, and features are subject to change. Always confirm current terms on Relay’s website before choosing a plan.

This transcript was generated from the video for your convenience, but it may contain typos or slight errors due to the transcription process. For the most accurate and complete information, we recommend watching the full YouTube video.

Video Transcript: Relay’s New Pricing Changes Explained

Have you heard about Relay’s brand new pricing changes? Whether you’re a solopreneur or you are a seven plus figure business owner who wants to continue to scale, Relay is a great solution for banking. Now, for as long as I’ve been using Relay, which is a few years now, there’s only been one plan. Relay has primarily offered their account with no monthly transaction fees.

And don’t worry, Relay is still offering a plan with no monthly account fees, which is great. But they’ve also rolled out some pretty interesting new tiers that I’ve been looking into, and I’ve actually been pretty intrigued by some of the new functionality.

Hey, I’m Jamie Trull, your favorite CPA and financial educator, and I’m back here today to help you navigate some of the changes going on with one of my favorite tools that I recommend a lot for my business, which is Relay.

AI Powered Banking and Multiple Account Features

Now, the main reason that I love Relay, and the main reason I talk about it a lot on this channel, is because I love the ability to open up multiple accounts. It’s actually the only Profit First certified banking platform, and so that has been really great to be able to set aside money automatically for things like taxes and for reinvesting back into my business or for paying myself, and I really appreciate that functionality that Relay has.

And the great news is that even though they’re moving into tiered pricing, that base functionality of being able to open up to 20 different bank accounts is still gonna exist in all plans.

But Relay is letting some current users be able to trial the new features. So I’ve been in there really trailing what is new and what is coming in Relay, and I wanna help you decide if it makes sense for you to upgrade from that plan. And if you stick around until the end, I’m gonna give you a quick calculation you can do to help you determine which plan is gonna be best for you, and if paying the extra money is gonna pay off.

Plan Comparison and AI Credits Overview

So first, let’s recap. There are three different plans: there is the Starter plan, that’s gonna be $0 a month. There is the Grow plan, which is going to be $30 a month. And there is the Scale plan, which it looks like is going to be about $120 a month, but as I’m recording this, it’s currently on sale for $90 a month.

So I’ve put on the screen here a comparison of the different Relay plans and you can look and see what the different features are. There’s a lot of information here, but the biggest difference when it comes down to the checking accounts is that in Starter and Grow, you still get 20. But if you are a big company and they’re really gearing Scale to those who are making over a million dollars in revenue, then it actually will allow you to open up to 50 different bank accounts, which is a little crazy. But if you need that, then that could be a great option.

And then you’re gonna have some of the same things when it comes to debit cards and credit cards. Cashback does get a little higher if you are using a Relay credit card. So if that’s something you wanna be able to do and have a Relay branded credit card, then you’re gonna get a little bit more in the Scale. But the savings accounts, you’re gonna be able to have two in each of them — that stays the same.

Small Teams and Savings Account Features

One of the biggest differences though, and I’m gonna talk about this towards the end of this video, is this savings account APY. So this is how much interest you’re gonna earn on these two savings accounts. So any money that you have in these is going to be earning interest on a monthly basis.

And right now, and again, interest rates are always subject to change, so you can check the website to find out what the actual interest rates are now, but as I’m recording this, the Starter is 1.03% APY, the Grow is 1.75%, and the Scale is 3.03%. And to me, 3.03% is a great percentage interest, especially in a business banking account.

However, again, we’re gonna talk about whether this makes sense here in a little bit. And a lot of this is still the same. You’re still gonna get that FDIC insurance through the partner Thread Bank, who is the member of the FDIC, up to $3 million.

Sending and Receiving Money: Frequently Asked Questions

Now, as we come down here, let’s look at what the difference is when it comes to receiving money. So really you can tell there’s not a whole heck of a lot of difference. It’s all going to be essentially the same cost, which is in most cases, $0 for ACH, wire transfers, things like that when you are receiving money. So that’s good to know.

But then when we come down here to sending money, there are some differences. Again, they’re fairly subtle between the plans, but it is good to know, especially if you do a lot of sending money directly via your bank account. You’re still gonna get the standard ACH transfers. They’re gonna be cheaper for same day. You get 10 free per month. So if you do a lot of same day ACH, that could be worthwhile for you because instead of them costing $5 every time you do it, on Scale, they would be 10 free and then $1 after that. They’re a little cheaper for domestic wires, things like that. So you can see how it does get cheaper in most cases as you go up in plans.

AI Agents and Bill Pay Automation

Now Bills — this is a new area that is really interesting to me and there’s some new features that are gonna be coming soon as well.

So we’re gonna be on the lookout for those.

However, you can see that general kind of bill intake creation, if you use Relay for bill pay — some of you may be using your accounting software for bill pay, in which case this wouldn’t be as relevant.

But if you want to use Relay for bill pay, there are going to be more automations and things like that the higher up you go.

So again, if you’re somebody that’s really interested in using Relay for bill pay, then these features could be interesting to you, especially as some of these newer features start rolling out.

Expense Management and Automation for Small Teams

Now when we’re looking at expenses, again, you’re gonna get a lot of the core functionality in all three plans, including things like receipt capture and storage.

That’s gonna come in all of the plans.

Of course, you’re gonna be able to integrate with QuickBooks Online and Xero, and there’s gonna be some automations.

Now you’ll see the one thing it looks like they don’t have in the Starter plan is going to be this custom bookkeeping automation.

I’m not sure how needed that is.

It looks like there is some default bookkeeping automation in there as far as the bookkeeping of what is going from Relay into your bookkeeping software, but I’m curious to see what that is.

I wouldn’t make the decision just for that, however.

And then it looks like again, they have some new features coming soon — these added policy spend requests and insights and forecasting dashboard.

I’m really interested in this insights and forecasting dashboard to see exactly what this is.

Again, I wouldn’t advise choosing this just for the coming soon because we don’t know when this is gonna be rolled out, hopefully soon.

But I do find this really intriguing.

I’m curious to see what this looks like ’cause I am a big fan of numbers and dashboards.

Invoicing, AI Powered Insights, and Feature Rollouts

Now the other new feature that is rolling out on all of these plans is the ability to invoice customers.

So I’m really excited about this invoicing and the ability to be able to collect payment from those invoices.

This is something that I’ve been asking Relay about forever, so I’m super excited that they are rolling that out.

Now, depending on which plan you get, what you can do with those invoices is gonna be a little bit different.

For the Starter plan, it’s gonna be more basic payment links all the way to the Scale plan, which will include things like branded invoicing and even potentially recurring invoices.

So overall, I’m really excited for that addition and can’t wait to use it myself.

Additional Information and Final Recommendations

So what is my recommendation? Which plan is best?

Well, of course, it’s gonna depend on your needs. You definitely wanna take a look at the features and see if you find any of those intriguing.

However, since a lot of them are still coming soon and you don’t wanna be paying for something that you don’t have yet, I think the best thing to do at this point is to calculate out how much of a difference the interest you’re going to make is going to be.

And if you’re gonna make enough interest to offset the cost of the plan. And if so, then it probably makes financial sense to go ahead and do it.

Which features make the most sense for your business?

Okay, so here we go. Let’s play with some numbers based on what the current interest rate is to see if it makes sense for you to upgrade, just purely based on the extra interest you’ll make.

So here we are looking at the different plans for Relay, and I’ve put the Starter, the Grow, and the Scale.

And you can see I’ve annualized the cost. So $0 for Starter, $30 times 12 is $360 annualized for Grow. And right now at the $90 for Scale, that would be $1,080 is what you pay for the year.

And I’ve put in, of course, the interest rates — they are subject to change because of course, interest rates are always changing.

So check the current rates and do your own calculation, but based on what they are right now, as I’m recording this, I’ve put those in and you can put in what you think your average savings account balance is.

So in those two savings accounts that you have for Relay, how much do you expect to kind of have in there on average?

And so if you’re kind of in maybe the level where you’re putting about $20,000 is gonna sit in savings.

Maybe you’re saving up for taxes or something like that; you can see that in this case, the additional cost of having the Grow plan would not garner enough additional interest to cover that, so we’re actually going to be paying more.

Grow Plan vs Scale Plan Features

Now again, that doesn’t mean that the Grow plan or even the Scale plan is wrong for you.

It just means you won’t offset the cost of that just with interest alone. But if the other features are attractive to you, it could still be worth doing, especially if you’re already paying for other solutions and this would replace those.

So maybe there’s some additional savings on that side.

Now let’s take this number up a little bit and see what happens. So if your average savings balance is more like $50,000, all of a sudden we have broken even on the Grow plan.

We’re gonna essentially generate as much interest as we are cost, but you’re gonna get access to those additional Grow features.

So that’s exciting.

On the Scale plan though, we’re still gonna be a little bit less than what it actually is costing, so it’s costing us $1,080 to be on that plan.

We’re gonna make an additional, again this is additional over the Starter plan, $1,000. So in this case, yes, we end up coming a little out of pocket, but again, there may be other features that make this worth doing.

When You’ll Break Even On The Scale Plan

Now, once we get into the higher amounts — and remember, the Scale plan is really meant for those with over a million dollars in revenue who might have some fairly sizable balances sitting in their savings accounts — at that point now we’re looking at some fairly sizable interest gains.

So if we’re looking at the additional interest for the Scale plan, if you have an average balance of $75,000 in your savings accounts in Relay, that would mean that you would be making, under these percentages, an extra $420.

So you’ve paid $1,080 to be on the Scale plan. However, your additional interest for being on the Scale plan is $1,500. So now you’re making money, and you can see as this goes up, it’s just gonna continue to make more and more sense.

So again, I think this is really gonna be a decision largely driven off of your average savings account balance that you plan to have in here, and if you sit on a lot of cash, this gets more and more lucrative and it makes more and more sense to be upgrading into that higher plan.

Now, just to see, in case this does end up going up to that $120 per month that they say that the Scale plan is worth, then all of a sudden it changes a little bit in the equation. So when we go back to the $75,000, now we’re close to breaking even.

At that point, if you’re keeping above $75,000 on average, it’s about when you’re gonna break even on that Scale plan.

Great Features At Any Level

So what I love is that even with the Starter plan, you are gonna have access to all the same great features that you have loved from Relay.

If you’ve been using Relay for a while and you’re worried you’re gonna lose features with the switchover, that’s not the case.

And in fact, you’re actually still gonna get access to some more amazing features that Relay is coming out with, including things like invoicing.

Final Thoughts and Recommendations For Choosing a Relay Pricing Plan

And then as your business grows, it might make sense to upgrade to the Grow plan or even the Scale plan, especially if you plan to have a lot of money sitting in those business savings accounts and you wanna capitalize on it by earning the most you can in interest.

So tell me in the comments below — do you already use Relay and what are you thinking about these new plans? If you’re thinking about joining Relay and utilizing it, then definitely make sure to use my link. I have included the partner link down below, or you can go to jamietrull.com/relay.

If you use my partner link to sign up, then you’re gonna get $50 once you complete that application, get approved and fund your account.

And the great thing is, that’s true regardless of which of the different accounts that you sign up for through Relay.

Now, of course these deals are subject to change, so make sure to go to that page and see what the current deal is now, and I hope you love the solution as much as I do. I’ll see you guys next time.