Glep vs. American Express

American Express Business Checking has no monthly fee, free domestic ACH, free domestic wires incoming and outgoing, free incoming international ACH and $10 domestic same-day ACH, as published on americanexpress.com on September 25, 2026. Glep is $0 with no monthly fee, no per-user fee, $0 same-day ACH and domestic wires, plus RTP and FedNow, and a 3% FX fee on international card transactions.

American Express Business Checking is one account per business. On Glep, every LLC lives under one login with its own account, cards and records, each team member sees only the entities you give them, and every property gets a sub-account with its own account number, all free.

Yes. Issue the card, cap it at the project budget, lock it to the merchants you choose, and it stops working when the budget is spent, with each purchase filed against the project. American Express pairs a debit card with business cards subject to approval and lists no per-contractor cap or expense policy for its checking product, so there is no equivalent to hand a crew.

Glep works upstream of your ledger. Spend is categorized and tagged to its property as it happens, so whichever system your accountant uses receives clean data rather than a pile to sort. American Express lists no property-level tracking and no transaction categorization for its business checking, so the property is added by hand afterwards.

Yes. iOS and Android, with receipt capture at the point of spend and card issue, freeze and terminate from the owner's phone, each team member seeing only their entities. American Express has the Business Blueprint app, and with no expense policies or per-contractor caps listed for its checking product, there is less for a crew to do in it than to see.

No. Open a Glep account online with your US business entity and EIN, add each LLC, open sub-accounts for your properties and issue cards; most operators run one property or one active deal through Glep first. Keeping the Amex relationship is often the point, since its business cards are worth holding, and because its checking is branchless with no monthly fee there is no cost to leaving it open while Glep carries the per-property structure Amex does not list.

If your business is a set of properties held in a set of entities, Glep is built around that structure: an account per LLC, a sub-account per property, Aida tagging every transaction to the property it belongs to, and contractor cards that stop at the budget. Contractors and developers get the same structure for projects, draws and crews, and pay subs by same-day ACH or wire at $0, or by RTP or FedNow. If your business is outside real estate but runs money across several entities, projects or vendors, Glep gives you multi-entity management, entity-scoped team access, sub-accounts with unique account numbers, approval workflows and unlimited cards on the free plan, with no credit application for cards and no same-day ACH fee. Start with one property or one project and move the rest on your own schedule; there is no contract and no lock-in.