Tiered high-yield business savings and up to $3M FDIC insurance let growing companies earn on operating cash without locking it up.
NEW YORK, NY, – Lili, the online business banking platform with over 200,000 US businesses served is helping small businesses put idle operating cash to work with a tiered high-yield savings account that earns up to 4.00% Annual Percentage Yield (APY). Paired with up to $3 million in FDIC insurance, the offering is designed to give growing companies both yield and protection without sacrificing access to their funds.
Under Lili’s savings structure, balances up to and including $500,000 earn 2.25% APY, while balances over $500,000 and up to $1 million earn 4.00% APY. Earnings accrue with no lockups or penalties, and there are no minimum balance requirements to start earning. As of 2026, the savings account is available across all Lili plans, including the no-monthly-fee Core plan.
For many small businesses, operating cash sits idle in checking accounts that pay little or nothing. Lili’s approach treats that cash as a resource: funds remain accessible for day-to-day operations while eligible deposits are insured up to $3 million through Sunrise Banks, N.A., Member FDIC, and Lili’s sweep network of program banks, well above the standard $250,000 limit.
“Idle cash should not sit still while a business is working hard to grow it. By pairing competitive yield with expanded deposit protection, we are letting owners safeguard and grow their money without extra effort and without giving up access.”
– Lilac Bar David, Co-Founder and CEO of Lili
Highlights
- Up to 4.00% APY on business savings: 2.25% on balances up to $500,000; 4.00% on balances over $500,000 and up to $1 million
- No lockups, no penalties, and no minimum balance to start earning
- Available on all Lili plans, including the $0 monthly fee Core plan
- Eligible deposits insured up to $3 million through Sunrise Banks and Lili’s sweep network
Small business owners can open a Lili account and high-yield savings account at lili.co.
About Lili
Lili is an online business banking platform built for small business owners, offering advanced business banking with no monthly fee, high-yield savings, access to capital, and integrated financial tools that help businesses stay organized as they grow. Founded in 2019 by Lilac Bar David and Liran Zelkha, and backed by Group 11, Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, Target Global, and Zeev Ventures, Lili is headquartered in New York and served more than 200,000 businesses across all 50 states. Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC. To learn more, visit lili.co.
Media Contact
Marisa Fine
Senior Communications Manager , Lili
press@lili.co
Disclosures: The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of January 13, 2026. Must have at least $0.01 in savings to earn interest. 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. Any portions of a balance over $1,000,000 will not earn interest or have a yield. Available to all Lili plans.
Access to capital is provided by our partners that offer business loans or lines of credit. Lili is a financial technology company, not a bank or lender. Underwriting required.
FDIC insurance only covers the failure of an FDIC insured bank. The standard FDIC deposit insurance limit is $250,000 per depositor, per FDIC insured bank, per ownership category through Sunrise Banks, N.A and the sweep program banks. See Sunrise Banks Account Agreement and Addendum to Sunrise Banks Account Agreement.