Relay Starter
Account terms and deposit structure with claim-level evidence and unresolved questions.
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Evidence and open questions · 10 supported · 1 open
Follow-up first-party review on October 1, 2026 added or updated: Opening deposit, Minimum balance, Eligibility, Transactions, Cash deposits, ATM access. Other claims retain their individual evidence status; this is not a blanket certification.
$0 Starter subscription; transaction charges may apply.
Source 1Not established in the retrieved material for this specific account; check the account agreement.
Source 1The published 1.19% variable APY applies to Starter savings, not checking.
Source 1Transfer and check-deposit limits depend on the assigned risk tier and can change; view current limits in the account. An unlimited transaction count is not an unlimited dollar allowance.
Source 1No Relay cash-deposit fee. Allpoint+ accepts up to $1,000 per transaction and $2,000/day; Green Dot retailers charge up to $4.95 and have separate transaction/daily/monthly limits.
Source 1Source 2In-network Allpoint ATMs avoid operator fees; out-of-network operators may charge, including for balance inquiries.
Source 1Relay is a fintech; banking services provided by Thread Bank, Member FDIC.
Source 1Up to $3 million via Thread Bank's sweep program, subject to pass-through conditions. Other same-category deposits at each destination bank count toward its $250,000 limit; fintech failure is not covered.
Source 1U.S.-incorporated business entity, business-purpose use and identity/ownership verification required; other acceptance criteria apply.
Source 1“Verified” means the linked source states this claim, not that every applicant receives the advertised terms. “Unverified” means the review did not establish the claim; it does not mean the provider publishes no information. Conflicts can reflect retrieval freshness or different offers. How we verify
Application requirements
U.S.-incorporated business entity, business-purpose use and identity/ownership verification required; other acceptance criteria apply.
Check the exact business type, ownership documents and location rules before applying. A listed requirement does not guarantee approval.
Account at a Glance
Where the Deposits Sit
Relay is a fintech; banking services provided by Thread Bank, Member FDIC.
Up to $3 million via Thread Bank's sweep program, subject to pass-through conditions. Other same-category deposits at each destination bank count toward its $250,000 limit; fintech failure is not covered.
Earlier source ledger
These dated records preserve earlier research. Use the claim evidence above for the latest review and any conflicts.
Relay states it is a fintech and Thread Bank, Member FDIC, provides banking services. Its sweep program can extend eligible FDIC coverage up to $3 million across program banks, subject to pass-through insurance conditions.
Relay's current Starter overview says the plan has no monthly maintenance fee, supports up to 20 checking accounts (10 for sole proprietors), includes two savings accounts at a stated 1.11% APY, and connects with QuickBooks Online, Xero, Gusto, Plaid, and Yodlee.