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Relay
  • What is Relay
      • Business checking

        Know precisely what you’re earning, spending and saving

      • Business savings

        Automated savings that earn you up to 3.76% APY1

      • Profit First banking

        Relay is the official banking platform for Profit First

      • Expense Management

        Capture receipts, categorize expenses, and close your month-end faster

      • Accounts payable

        Review, approve and pay bills within business banking

      • The Relay Visa® Credit Card

        Give your business the cash flow cushion it deserves

        Integrations

        • Xero

          Bookkeeping made simple and speedy

        • QuickBooks Online

          Directly sync ultra-detailed transaction data

        • Gusto

          Business banking and payroll together at last

        • Plaid & Yodlee

          Tap networks of money management apps

  • Accountants & Bookkeepers
      • Client banking

        The money management platform built for you and your clients

      • Get certified

        Become a Banking Partner to help your clients bank smarter

      • Partner with Relay

        Get rewarded and grow your firm with Relay

      • Advisor directory

        Find an advisor to help you grow your business

        Learn

        • Becoming a cash flow advisor

          Structure and strategies for your firm

        • Accounts payable

          Offer AP services at your firm

        • Gearing Up

          Advisors share what makes their firm successful

        • Data security

          Keep client data more secure

  • Pricing
  • Resources
      • Everyday business blog

        Stay on the money with these actionable tools and strategies

      • Advisor learning hub

        Insights and advice for small business advisors

      • Customer Stories

        Hear what our customers are saying

      • Live webinars

        Join us weekly to learn how to manage your cash with Relay

        • FAQs

          Answers to common questions about Relay

        • Support center

          Stuck? Step-by-step guides to get answers fast

        • Get support

          Contact our team for hands-on, friendly help

        • Careers

          Join a collaborative team helping small businesses thrive

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Terms of Relay and Bench Promotional Offer

These Terms of Relay and Bench Promotional Offer (“Terms”) are made available by Relay Financial Technologies Inc. (“Relay” or “we”/”us”). This promotional offer is conditional on your acceptance of and compliance with these Terms below, as well as our Privacy Policy (https://relayfi.com/privacy) which governs our use of your personal information, and our Terms of Service (https://relayfi.com/terms) (“Terms of Service”) which grants the rights to register for a Relay account and to access the Relay financial services platform (“Relay Platform”), all of which are available on https://relayfi.com (the “Website”).

Promotional Offer

This Promotional Offer is open to organizations that have no previous relationship with Relay (“Eligible Organizations”). Where an Eligible Organization has (a) successfully registered for a Relay business chequing account (“Account”) using the following link: https://relayfi.com/bench-offer; and (b) the Eligible Organization has deposited at least $1 USD into their Account during the Registration Period, defined below, the Eligible Organization will receive a one-time deposit of $50 USD to the Eligible Organization’s Account. The one-time deposit of $50 USD may take up to fourteen (14) days after the Eligible Organization has deposited requisite funds into their Account.

Registration Period

Organizations will be able to register for the Offer from April 21, 2022 at 9:00AM EST until December 31st, 2022 at 5:00 PM EST (the “Registration Period”).

Links

The Website and Services contain links to third-party websites or resources. You acknowledge and agree that we are not responsible or liable for: (i) the availability or accuracy of such websites or resources; or (ii) the content, products, or services on or available from such websites or resources (including the applications you selected).


Links to third party websites or resources do not imply any endorsement by us of the content, products, or services available from such websites or resources. You have sole responsibility for and assume all risk arising from your use of any such websites or resources. You further acknowledge that your use of those third party sites and services will be subject to the user terms and policies of each individual site, including terms relating to privacy and order fulfillment when you purchase any goods or services from a third party website linked to from the Website.

Limitation of Liability

Disclaimer. There are no warranties or conditions (whether implied or arising by statute or otherwise in law or from a course of dealing or usage of trade) for the Relay Platform, services or support, and RELAY DISCLAIMS ALL STATUTORY OR IMPLIED WARRANTIES AND CONDITIONS INCLUDING WITHOUT LIMITATION THE CONDITIONS AND/OR WARRANTIES OF MERCHANTABILITY, MERCHANTABLE QUALITY OR FITNESS FOR ANY PURPOSE, PARTICULAR, SPECIFIC OR OTHERWISE. Relay does not warrant that the functions contained in the Relay Platform will meet the Customer’s requirements or that the operation of the Relay Platform will be uninterrupted.


UNLESS PROHIBITED BY APPLICABLE LAW, IN NO EVENT SHALL RELAY OR ITS AGENTS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES OF ANY KIND, WHETHER OR NOT FORESEEABLE INCLUDING WITHOUT LIMITATION, LOSS OF BUSINESS, LOST PROFITS OR REVENUE, OR FAILURE TO REALIZE EXPECTED SAVINGS, EVEN IF THE PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE TOTAL AGGREGATE LIABILITY OF RELAY FOR DIRECT DAMAGES UNDER THIS AGREEMENT SHALL BE LIMITED TO THE FEES PAID BY CUSTOMER IN THE TWELVE (12) MONTHS PRECEDING THE DATE ON WHICH THE CAUSE OF ACTION GIVING RISE TO THE LIABILITY AROSE. YOU WILL BE RESPONSIBLE FOR ANY LOSS, COST OR LIABILITY (INCLUDING REASONABLE LEGAL CHARGES) INCURRED BY US AS A RESULT OF YOUR FAILURE TO COMPLY WITH THIS AGREEMENT.

Waiver and Severability

The failure of Relay to enforce any right or provision of these Terms will not be deemed a waiver of such right or provision. In the event that any provision of these Terms is held to be invalid or unenforceable, the remaining provisions of these Terms will remain in full force and effect.

Controlling Law and Jurisdiction

These Terms and any action related thereto will be governed by the laws of the Province of Ontario, Canada without regard to or application of its conflict of law provisions or your province or country of residence. All claims, legal proceedings or litigation arising in connection with these Terms will be brought solely in the Province of Ontario, Canada, and you consent to the jurisdiction of and venue in such courts and waive any objection as to inconvenient forum.

Entire Agreement

These Terms, our Privacy Policy, and our Terms of Service are the entire and exclusive agreement between Relay and you regarding the Offer, the Website and Relay’s services and these Terms supersede and replace any prior agreements between Relay and you regarding the Website and Relay’s Services.


If you have any questions about these Terms, please contact us at: support@relayfi.com.


Effective Date: April 21, 2022

Go to home

What is Relay

  • Business checking
  • Business savings
  • Profit First banking
  • Accounts payable
  • Expense management
  • Pricing
  • Integrations
  • Xero
  • QuickBooks Online
  • Gusto
  • Plaid & Yodlee

Accountants & Bookkeepers

  • Client banking
  • Partner program
  • Gearing Up
  • Get certified
  • Guides
  • Accounts payable
  • Data security
  • Growth playbook
  • Becoming a cash flow advisor

Resources

  • Everyday business blog
  • Advisor directory
  • Advisor hub
  • FAQs
  • Bi-weekly webinar
  • Support center
  • Banking for real estate investors
  • Banking for e-commerce
  • Banking for agencies
  • Switch to Relay
  • Cash Flow Compass

Company

  • About us
  • Customer stories
  • Careers
  • Affiliate program
  • Contact us
  • Why Relay
  • Trust Center

Legal

  • Terms of Service
  • Privacy Policy
  • Deposit Agreement
  • Savings Account Agreement
  • Cardholder Agreement
  • Electronic Communications Agreement
  • Relay Visa® Credit Card Cardholder Agreement
  • Visa® Signature Card Rewards Program Terms & Conditions
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Relay Financial Technologies, Inc. © 2025

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Relay is a financial technology company and is not a bank. Banking services provided by Thread Bank2,3, Member FDIC. The Relay Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be be used anywhere Visa cards are accepted. The Relay Visa Credit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc and may be used everywhere Visa credit cards are accepted.

*Terms and conditions apply to the cash back rewards program. Cash back will be credited to your Relay checking account at the end of your 30-day billing cycle. ATM transactions, the purchase of money orders or cash equivalents made with your Relay Visa® Credit Card are not eligible for cash back. Please refer to the Visa® Signature Rewards Program Terms & Conditions for more details.

1 The interest rates and annual percentage yield on your account are accurate as of 01/01/2025 and are variable and subject to change based on the target range of the Federal Funds rate.

For customers with accounts opened before 01/01/25, APY will vary between 1.03%-3.03% depending on the savings balances held:

  • When your savings account balance is less than $50,000, the interest rate on your savings account is 1.02% with an APY of 1.03%
  • When your savings account balance is between $50,000 and $250,000, the interest rate on your savings account is 1.50% with an APY of 1.51%
  • When your savings account balance is between $250,000 and $1,000,000, the interest rate on your savings account is 2.01% with an APY of 2.03%
  • When your savings account balance is more than $1,000,000, the interest rate on your savings account is 2.99% with an APY of 3.03%

For customers with accounts opened on or after 01/01/25, APY will vary between 1.75%-3.76% depending on monthly average account balance:

  • When your monthly average account balance is under $10,000, the interest rate on your savings accounts is 1.73% with an APY of 1.75%.
  • When your monthly average account balance is between $10,000 and $50,000, the interest rate on your savings accounts is 2.72% with an APY of 2.75%.
  • When your monthly average account balance is above $50,000, the interest rate on your savings accounts is 3.70% with an APY of 3.76%.

2 Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure and a list of program banks at https://thread.bank/program-banks. Please contact customerservice@thread.bank with questions regarding the sweep program.

Payment services (non banking/checking accounts or services) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).

Payment services in the United States are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here. VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041.

3 Please note that funds relating to Currencycloud's services are not FDIC insured or protected by the Visa Zero liability protection policy. In regards to Currencycloud's services when funds are posted to your account, e-money is issued in exchange for these funds, by an Electronic Money Institution who we work with, called Currencycloud. In line with regulatory requirements, Currencycloud safeguards your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currencycloud’s, or our, insolvency. Currencycloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.

All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.