Are you wondering if you can Zelle using a federal savings account?
Do you want a step-by-step guide for using a savings account with your Zelle account?
Well, if you are searching for answers, you are on the right web page.
Here, we will first discuss using Zelle from a savings account.
Whereas, in the second part, we will provide our readers with a detailed guide on how you can Zelle with a savings account. So, if you are ready, let us dive right into the details without further ado.
Table of Contents
Can you Zelle from a savings account
Let us start with a straightforward answer. Yes, you can Zelle from a savings account. Zelle supports over a thousand financial institutions as well as banks. That means you can use Zelle as an integration feature in all supporting banks’ mobile apps or websites.
Zelle is one of the most popular payments platforms serving users in the USA. Talking about the best thing about Zelle, users can access their savings account funds without putting many efforts. And to make a bank-to-bank transaction, one just needs to remember the login details of the Zelle account rather than remember all the details associated with the bank account.
Zelle makes the payments through banks a lot easier. This not only saves time but also makes it easier for the users to make transactions, as only Zelle login details are required to make the payments.
Zelle supports almost all major Federal Savings Bank like – Bank of America Corp, Wells Fargo Bank, Abington Bank, Citizens Bank, Morgan Stanley Bank & many more. Well, if you are currently banking with any other savings bank based in the USA, the chances are that Zelle already supports it.
You can check if Zelle supports your banking institution by visiting this link. Simply use the search option on the same page and type a few words of the bank’s name. If Zelle supports the bank, it will appear on the list.
If you checked the list earlier, we suggest you check it again. It is because Zelle says it keeps adding the new partner banks or financial institutions to the list. So, you must check out the list once.
What if Zelle doesn’t support your Federal Savings Bank?
Zelle supports several banks and financial institutions but, obviously, not all. So, what happens if your banking app doesn’t support Zelle? Can you still use Zelle?
Well, the answer is Yes. You can still use Zelle with a saving account. You won’t be able to use Zelle as an integrated feature with your bank’s mobile app. But, you can use Zelle mobile app, which is available for both Android and iOS devices.
You just have to enrol yourself on Zelle. You will be asked for some personal details like email address and US mobile number. And finally, you will be able to add a Visa or Mastercard powered debit card associated with a US-based bank.
We will be talking in detail about the whole procedure. Make sure to check the step-by-step guide in the next part of this post.
How to use Zelle with savings account
To use Zelle with a savings account, you will need to link the bank account on the Zelle app. After that, you will be able to select the linked savings bank account while making the transactions.
If you are new to Zelle or need a quick guide on how to link a bank account, follow the guide we have provided below.
1. Download the Zelle app
As we have discussed in the first part of this post, you will have to download the Zelle app if your banking app doesn’t provide Zelle as an in-app feature.
Visit the respective app store and search for the Zelle app. If you have already downloaded the app, make sure to check the app stores for updates.
2. Go to Zelle settings
On opening the Zelle app, find the Settings icon at the top-left section on the home page. Open app settings to continue.
3. Go to the ‘Account’ section
On the settings page, you will see the Account option. Select it and proceed with the next step.
4. Select the ‘Add Account’ option
Now, to add a new account in the Zelle app, you will have to select the ‘Add Account’ option. If you have already linked a bank account on Zelle, you must select ‘Switch Account’.
And next, you will have to submit bank account details for verification.
MUST-READ: How to cash out on Zelle? Is it possible?
5. Select the bank account
Zelle can be used to link savings bank account as well as associated debit card. We need to link a bank account, so continue by selecting the ‘Bank Account’ option.
Zelle will ask you the details like bank account number, routing number and other related information of the user.
This is for the verification of the bank account. If the details submitted are wrong, you will be asked to enter the details again.
6. Submit Personal Info
Now that you are done entering savings account details, personal details like first name, last name, etc will be asked.
And that’s it, guys.
That’s how you can link a bank account on your Zelle app.
7. Initiate money transfer
Now that you have a bank account linked to the Zelle app, you can make transactions. Zelle supports ACH transfers, and you will be able to transfer the amount to a different bank account.
If you have linked multiple savings accounts, you will be able to select the one you want to make the transaction.
And that’s all.
That’s how you can use Zelle with a savings account.
1. Can you use Zelle with a savings account?
Yes, you can use Zelle with a savings account. You just have to link your federal savings bank account to the Zelle app. And select the same bank account while making the final transaction.
Let us wrap this article right here, ladies and gentlemen.
We first discussed if it is possible to use Zelle with a savings account. And later, we provided our users with a step-by-step guide on how to use Zelle with a savings account.
The steps involved are very easy to implement. But, if you need assistance regarding any of the steps, you can ask for help in the comments section.
Ankit Kumar is an Engineer by profession and a blogger by passion. Over the last several years, he has written tons of articles, solving queries on Quora. He also has years of experience in investing in Cryptocurrencies, Funds, and Stocks.