Glep vs. Citi

CitiBusiness Streamlined Checking is $15 per month, waived with a $5,000 average collected balance, with 250 free basic transactions then $0.45 each; Flexible Checking is $30 per month in Massachusetts, waived with $10,000, with 500 basic transactions; fees vary by state, and ACH origination is $25 per month, as published in Citi's CitiBusiness schedule of fees on September 25, 2026. Glep is $0 with no monthly fee, no per-user fee, no transaction cap, $0 same-day ACH and domestic wires, plus RTP and FedNow, and a 3% FX fee on international card transactions.

At Citi, each entity opens its own account with its own monthly charge to waive. 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, and nothing new has to be opened to do it: a virtual or physical card per contractor, capped at the project budget, restricted to the merchants you pick, recorded against the property on every swipe. Citi's debit and credit cards are subject to approval and its business pages list no project cap and no expense policies, so the only limit is a credit limit.

It does not replace your ledger, it feeds it: the property is attached at the moment of spend and travels with the transaction. Citi lists no property-level tracking and no categorization for its business accounts, and ACH origination runs $25 per month, so what your accountant receives is a bank statement plus whatever notes you kept.

Yes. iOS and Android, receipts captured where the spend happens, cards issued, frozen or terminated from the phone, and each team member limited to their own entities. Citi Mobile and CitiBusiness Online users cover the account, and with no expense policies listed there is no approval flow to run from a phone.

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, and run one property or one deal through it first. Citi stays useful for branch access and lending; what moves is the per-property structure, which it does not list. Its $15 or $30 monthly fee is waived under conditions that vary by state, so check yours before deciding whether to keep it open.

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 monthly charge to waive and no transaction cap. Start with one property or one project and move the rest on your own schedule; there is no contract and no lock-in.