Lili vs Bank of America Business Advantage

Two banking tools side by side. Prices are the starting plan a small business would pick, in USD.

Compare	LiliLili	Bank of America Business AdvantageBank of America
In one line	Business checking with accounting and invoicing on the paid plans	Branch checking with the first year free
Starting price	Free	From $16/mo
Six-person team	$0/mo	$16/mo
Plans	Core $0/mo; Pro $15/mo; Smart $35/mo (accounting, invoicing); Premium $55/mo; intro discounts for 3 months	Fundamentals: $0 for 12 months, then $16/mo unless you keep a $5,000 combined average balance, spend $500/mo on the debit card, or join Preferred Rewards; Relationship: $29.95/mo or $0 with waivers
Pricing model	Free tier	Paid
Free trial	—	—
Users	1 owner	Unlimited
Both connect to	QuickBooks Online, Xero
Also connects to	No others on record50+ listed by the vendor	No others on record
Team size	Just me	Just me · 2–10 people · 11–50 people
Available in	US	US
Phone support	Plans not stated	Plans not stated
Live chat	None listed	None listed
Support hours	Not published	Phone: Mon–Fri 7 a.m.–11 p.m. ET; Sat 8 a.m.–8 p.m. ET
Incidents posted	We found no public status page for Lili.	We found no public status page for Bank of America.
Trustpilot score	4.7 / 5 from 4,481 reviews	Not listed
Fit: Retail shop	40	82
Fit: Restaurant or café	30	80
Fit: Service business	82	72
Fit: Agency or studio	72	55
Fit: Trades or contractor	72	75
Fit: Online store	55	50
Why people pick it	Free core account Books and invoices in the banking app	First year free Large branch network
Where it falls short	Paid tiers add up Thin for teams	$16 fee after a year unless waived Low interest
	Visit Lili ↗	Visit Bank of America Business Advantage ↗

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices