Does Hsbc Have Zelle

Does Hsbc Have ZelleGET STARTED: 1. The main feature of Zelle is that it allows you to send and receive money in a few minutes; you have to enter your contact list and send the money to the one you want. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. HSBC is now connected to the Real-Time Payments® (RTP) System, which will allow you to receive real-time payments into your HSBC Bank USA, N. HSBC is not responsible for these charges. You can send money to almost anyone with an eligible U. Generally speaking, Zelle limits its users to sending approximately $1,000 a week, or up to $5,000 a month. Zelle says it has more than 1. To complete the registration, you must include a debit card. Backed by many major US banks, Zelle can transfer money into your recipient's bank account — typically in minutes. You should report the transfer (s) to your bank or, if you signed up through the Zelle app, report it to Zelle at (844) 428-8542. However, HSBC only offers six-, 12- and 24-month terms. Money moves quickly - directly from bank. That's why we're working with banks and credit unions to make it fast, and and easy to send money to almost everyone you know, even if they bank somewhere different than you do. Eligible accounts include all deposit accounts except for CDs and Commercial Accounts HSBC Global Money Account is a prepaid, multi-currency account available on our Mobile Banking App for customers who maintain an HSBC consumer checking or deposit account. Zelle® has partnered with leading banks and credit unions across the U. Today, over 100 million people have access to use Zelle® directly through their banking app - no additional downloads necessary! But, even if you don't have Zelle® available through your bank or credit union, you can still use it! Simply download the Zelle® app in the App Store or Google Play and enroll an eligible Visa® or Mastercard® debit card. Zelle transactions typically take only a few minutes,. Funds arrive quickly, and since the app only supports bank account transfers,. HSBC offers some of the most competitive CD rates we’ve seen, up to 3. Zelle can offer the service at no cost to customers because money is sent directly between bank accounts with no middleman. It has established itself as one of the most widely used methods. To open HSBC‘s only personal checking account option, you must meet high deposit requirements like have at least $75,000 total in deposit or investment accounts, at least $5,000 in direct deposits or hold a $500,000+ HSBC mortgage. Bank of America customers have a maximum Zelle transfer limit of $3,500 per day. HSBC is now connected to the Real-Time Payments® (RTP) System, which will allow you to receive real-time payments into your HSBC Bank USA, N. To complete the registration, you must include a debit card. Let us know your bank and we'll let you know when they're live with Zelle. HSBC is not responsible for these charges. When you enroll with Zelle ® using Wells Fargo Online ® or Wells Fargo Mobile ®, we establish a. Bank TD Bank USAA Full list of Zelle's partnered banks Zelle Bank List (Regional Banks) SunTrust Bank MB Financial Bank M&T Bank KeyBank. Make sure to have the phone number or email address of the person you want to send money to, then follow these steps: Log into your bank's mobile app or web portal with your username and password and choose the Zelle service, which is usually found in the sending money section. Get Started with Zelle® Sending money to friends and family should never slow you down. A Better Way to Bank While there's no cost to use Zelle, you can only use your checking, savings or debit card to send or receive money, and you can't make credit card payments. For this reason, you need to be in one of the banks in its. You may not establish a financial account with Zelle of any kind. By participating in the Zelle Network®, financial institutions are able to offer Zelle® directly to their customers, giving them a fast, safe and easy way to send and receive money in minutes with. Please refer to the Mobile Deposit Addendum. Scam and fraud claims from Zelle users are on pace to increase 183% at four banks her office surveyed, from more than $90 million in 2020 to more than $255 million in 2022. Get started by enrolling your email or U. This will include an enhancement to our External Account Transfer service that will give you the ability to transfer money from your PSECU account to accounts that you own at other financial institutions. That will likely mean that up to 5 banks deduct their own fees ranging $10-$50 as your money passes through their systems. Not enough reviews Write a review. HSBC deposit accounts and your accounts at other U. Over 100 million consumers can experience Zelle® through the mobile banking apps of the Zelle Network® participant banks. Send money in under 5 minutes with banks that use Zelle. If you have made a payment to this recipient before, select the appropriate account from My existing payees. Can I add a credit card to Cash App? Yes, you can add a credit card to Cash App. ABOUT ZELLE® ENROLLING WITH ZELLE® USING ZELLE® YOUR ZELLE® PROFILE Using Zelle® with a Small Business Disbursements with Zelle® Top Questions What is Zelle®? Is my information secure? Does Zelle® report how much money I receive to the IRS? clearXchange® Shut Down. Generally speaking, Zelle limits its users to sending approximately $1,000 a week, or up to $5,000 a month. Zelle’s technology comes from Early Warning Services LLC, owned by seven major U. — To use the Zelle app in the first place (let alone send and. Still have questions?. Chase personal checking account customers can send up to $2,000 in a single Zelle transaction and up to $2,000 per day. How long does an international bank transfer with HSBC USA take? With HSBC, in many cases, you can choose to have a wire transfer sent processed immediately or sent at later date. If you already have Zelle® in your banking app, GREAT! Follow the steps to enroll and start sending and receiving money. To be eligible for an HSBC Premier Checking account, you must fulfill one of the following requirements: Maintain at least a combined balance of $75,000 in deposit and investment accounts Have recurring direct deposits from a third party totaling at least $5,000 to HSBC Premier checking account every month. To send money to people you know and. 75% with its highest term length. Our network of participating financial institutions is always growing, and you can still use Zelle® by downloading the Zelle® app for Android and iOS. financial institutions - including banks and credit unions. Zelle allows you to send and receive money instantly between U. Download our app or sign-in online and follow a few simple steps to enroll with Zelle today. Our network of participating financial institutions is always growing, and you can still use Zelle® by downloading the Zelle® app for Android and iOS. financial institutions – including banks and. The money is typically received in minutes, and you only need to know the US phone number or email address for your recipient to get started. mobile number is already enrolled with Zelle ® (go to https://register. Since its inception in June 2017, Zelle’s instant payment service has exploded in popularity. If you already have Zelle® in your banking app, GREAT! Follow the steps to enroll and start sending and receiving money. Within the Useful links bar, click Wires 3. Wire transfer requests submitted before 4:15 PM EST (New York time) on a business day will be processed the same day. Zelle provides no deposit account or other financial services. But watch out for unclear limits and much slower transfers for unsupported banks. Choose “Account” and then “Switch Accounts. Zelle® is available in the mobile banking apps of more than 1,700 financial institutions, and probably yours! So, whether you're paying the babysitter to watch the kids on date night or paying back your buddies for some takeout, sending money with Zelle® means never having to download another app. Log in to your current bank’s. HSBC; Hughes Federal Credit Union; It must be from a U. Zelle delivers money to the recipient right away and the transfer is finalized later through. Zelle is a peer-to-peer, or P2P, money transfer service that allows individuals to send and receive money from each other via connected bank accounts. However, for customers looking to transfer money within the United States, there are several alternative P2P payment services available, such as PayPal and Venmo. Step 3: Enter the amount you want to spend. Send Money with Zelle ®. Zelle ® is a fast and easy way for eligible businesses to send, receive, and request payments directly between bank accounts in the U. Since Zelle is a joint venture of many US banks, it offers several enrolment perks. — To use the Zelle app in the first place (let alone send and receive money via online banking), both the sender and the recipient must have US bank accounts. Select the HSBC checking or savings account you would like to transfer from. British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U. Enter the preferred email address or U. Sending money with Zelle can be done in just a few steps, either through your bank’s mobile app, the web or the Zelle mobile app for Android and iOS. If your bank is part of the Zelle network, you’ll be able to use Zelle via your normal online banking app. bank account because Zelle does not have partnerships with banks in other countries. You can use it with friends at other banks. HSBC Bank accounts are best for customers who can keep a high balance in their accounts. Was this helpful? Still have questions?. Zelle, a digital payment network, is housed under the umbrella of Early Warning Services, LLC (EWS). Zelle ® is a convenient way to send and receive money from friends, family and other people you know and trust. Zelle Bank List (National Banks) Ally Bank Bank of Hawaii Bank of the West BB&T BECU Capital One Citizens Bank Comerica Bank ConnectOne Bank Dollar Bank. During this change, you will lose info from all transactions. THE SERVICE IS INTENDED TO SEND MONEY TO FRIENDS, FAMILY, AND OTHERS YOU TRUST. com to view participating banks). In the Top section below, select the Wires/Real-Time Payments option. Log on to HSBC Personal Internet Banking 2. Send money in under 5 minutes with banks that use Zelle. HSBC is now connected to the Real-Time Payments® (RTP) System, which will allow you to receive real-time payments into your HSBC Bank USA, N. Both the sender and recipient must have U. This mobile peer-to-peer payment app lets you send money directly from one bank account to another. If it’s offered through your bank, then Zelle may be available to use through the bank’s online portal. Zelle®: Enrollment in Zelle ® is required. To open HSBC‘s only personal checking account option, you must meet high deposit requirements like have at least $75,000 total in deposit or investment accounts, at least $5,000 in direct deposits or hold a $500,000+ HSBC mortgage. Enroll your email or phone number. Authentication from your HSBC Security Device is required - giving you added protection. Today, over 100 million people have access to use Zelle® directly through their banking app – no additional downloads necessary! But, even if you don’t have Zelle® available through your bank or credit union, you can still use it! Simply download the Zelle® app in the App Store or Google Play and enroll an eligible Visa® or Mastercard® debit card. checking account by using your online banking username and password, if your bank supports this feature*. Zelle is a peer-to-peer, or P2P, money transfer service that allows individuals to send and receive money from each other via connected bank accounts. You may not establish a financial account with Zelle of any kind. Zelle® has partnered with leading banks and credit unions across the U. to bring you a fast, safe and easy way to send money to friends and family. Zelle® does not offer a protection program for any authorized payments made with Zelle® - for example, if you make a purchase using Zelle®, but you do not receive the item or the item is not as described or as you expected. Zelle allows you to send and receive money instantly between U. Follow these steps for sending money through Zelle. On the Transfers, Wires, and Bill Pay page, select the HSBC checking or savings account you would like to transfer from. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. A Better Way to Bank While there’s no cost to use Zelle, you can only use your checking, savings or debit card to send or receive money, and you can’t make credit card payments. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. Zelle is a real-time peer-to-peer (P2P) transfer service that transfers payments between consumers using hundreds of pre-vetted banks that are part of the Zelle processing network. A Better Way to Bank While there’s no cost to use Zelle, you can only use your checking, savings or debit card to send or receive money, and you can’t make credit card payments. If the recipient’s financial institution does not offer Zelle®, the recipient can download the Zelle® app and enroll with basic contact information, an email address and U. In the Top section below, select the Wires/Real-Time Payments option. Get started by enrolling your email or U. Zelle can offer the service at no cost to customers because money is sent directly between bank accounts with no middleman. By participating in the Zelle. Scam and fraud claims from Zelle users are on pace to increase 183% at four banks her office surveyed, from more than $90 million in 2020 to more than $255 million in 2022. The benefits of sending and receiving money are already in the Chase Mobile app, so there is no new app to download or extra steps to take. Naturally, all these banks use Zelle and offer their services to anyone with a bank account with one of these. Zelle transactions typically take only a few minutes, and. If you don’t know the person or aren’t sure you will get what you paid for (for example, items bought from an on-line bidding or sales site), we recommend you do not use Zelle® for these types of transactions, which are potentially high risk. Select the HSBC checking or savings account you would like to transfer from. Zelle® is a great way to send money to friends, family or others you trust such as your personal trainer, babysitter, or a neighbor. Click on the “Gear” icon in the top-left corner of your screen. Once you've logged into the app, tap the Payments icon at bottom, then either the Send or Request button, and follow the prompts to send or receive a payment. You can access Zelle using your bank’s online banking app. currently offer Zelle® in their banking apps or online banking. Zelle® does not accept debit cards associated with. Zelle neither transfers nor moves money. mobile number, and a Visa® or Mastercard® debit card with a U. checking account by using your online banking. However, banks will first investigate to determine whether the. Zelle allows enrolled users to send quick and easy payments to friends and family. Open the Zelle app. Learn more New to Online Banking? Register now Existing Customers Log on now Explore Move Money Bank to Bank Transfers. Zelle is a payments network that lets you send money easily, quickly and securely from your bank account to someone else's bank account. Zelle allows enrolled users to send quick and easy payments to friends and family. Step 1: Access Zelle® from your PNC Mobile App. HSBC offers some of the most competitive CD rates we’ve seen, up to 3. However, for customers looking to. You can send money to almost anyone 1 you know and trust with a bank account in the U. Bank of America customers have a maximum Zelle transfer limit of $3,500 per day. As we saw above, Zelle is not international, and the app is currently only available to US residents. Was this page helpful? Yes No About Stephen Au. -based bank account using their email address or U. Other banks offer a wide range of terms up to 60 months. How does the platform work? Zelle works similarly to other digital wallets and payment processors; you can make P2P wire transfers. Within the Useful links bar, click Wires. If your customers are enrolled with Zelle ® through a financial institution, they can send payments directly to your PNC business checking account with just your email address, U. That’s why we’re working with banks and credit unions to make it fast, and and easy to send money to almost everyone you know, even if they bank somewhere different than you do. Whenever you use your credit card on Cash App, though, be wary of cash advance fees that may be charged to your account. Let us know your bank and we'll let you know when they're live with Zelle. It has established itself as one of the most widely used methods of money transfer in the United States. checking and/or savings accounts 24 hours a day, 7 days a week, and 365 days a. Today, over 100 million people have access to use Zelle® directly through their banking app – no additional downloads necessary! But, even if you don’t have Zelle® available through your bank or credit union, you can still use it! Simply download the Zelle® app in the App Store or Google Play and enroll an eligible Visa® or Mastercard® debit card. ” You will have to unlink your current account and add a new one. Since its inception in June 2017, Zelle's instant payment service has exploded in popularity. British bank HSBC Holdings PLC announced Wednesday that it will sell most of its retail locations across the U. Additionally, Zelle® will be added to digital banking at the end of this year. If the recipient’s financial institution does not offer Zelle®, the recipient can download the Zelle® app and enroll with basic contact information, an email address and U. mobile number through your mobile banking app or with the Zelle® app. Zelle® is a great way to send money to friends, family or others you trust such as your personal trainer, babysitter, or a neighbor. Sending/recipient bank and/or intermediary bank (s) Most international transfers are processed using the SWIFT system. Sending money with Zelle can be done in just a few steps, either through your bank’s mobile app, the web or the Zelle mobile app for Android and iOS. -based bank accounts to use Zelle. Find your bank. HSBC Bank accounts are best for customers who can keep a high balance in their accounts. Check whether your bank or credit. When you first use Zelle, through a banking app or the standalone Zelle app, it’ll require you to enroll either an email address or phone number (or both. currently offer Zelle® in their banking apps or online banking. Sending money with Zelle can be done in just a few steps, either through your bank’s mobile app, the web or the Zelle mobile app for Android and iOS. The main feature of Zelle is that it allows you to send and receive money in a few minutes; you have to enter your contact list and send the money to the one you want. ¹ If your bank is part of the Zelle network, you’ll be able to use Zelle via your normal online banking app. Zelle neither transfers nor moves money. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. All money will be transmitted by a Network Bank. There are two ways to use Zelle: through participating banks and credit unions; or via the Zelle mobile app. mobile number through your mobile banking app or with the Zelle® app. bank account; only one needs an eligible Chase account. Zelle is a payments network that lets you send money easily, quickly and securely from your bank account to someone else’s bank account. And the reason Zelle gained the “Venmo killer” nickname was that behind it was the stature and power of five largest US banks. ABOUT ZELLE® ENROLLING WITH ZELLE® USING ZELLE® YOUR ZELLE® PROFILE Using Zelle® with a Small Business Disbursements with Zelle® Top Questions What is Zelle®? Is my information secure? Does Zelle® report how much money I receive to the IRS? clearXchange® Shut Down. If you don’t, no worries! You can still get in on this awesome way to send money by downloading the Zelle® app for Android and iOS. Select the HSBC checking or savings account you would like to transfer from. Funds are typically made available in minutes when the recipient's email address or U. If this is the first time you've made a payment to this recipient, you will need to click New. Zelle® is available in the mobile banking apps of more than 1,700 financial institutions, and probably yours! So, whether you’re paying the babysitter to watch the kids on date night or paying back your buddies for some takeout, sending money with Zelle® means never having to download another app. Zelle transactions typically take only a few minutes, and. On the Transfers, Wires, and Bill Pay page, select the HSBC checking or savings account. 000 financial institutions on board. Zelle is a convenient money transfer service for people who want to send funds quickly to people they know and trust. As we saw above, Zelle is not international, and the app is currently only available to US residents. , reducing 148 branches down to 58 and winding down an additional 35 to 40. Download the Zelle app. Personal Internet Banking with HSBC allows you to make the most of that time with many convenient ways to move your money. Log in to your current bank’s online system and register your email address/phone number with Zelle OR download the Zelle app and create an account. HSBC deposit accounts and your accounts at other U. 1 Zelle® is already in over one thousand seven hundred banking apps. Zelle is a payments network that lets you send money easily, quickly and securely from your bank account to someone else’s bank account. Just sync your contacts from your mobile phone to make it easy for friends and family to send you money. Zelle provides no deposit account or other financial services. Check How to send money from Zelle to PayPal. Step 1: Access Zelle® from your PNC Mobile App. Send Money with Zelle ® is only available in English in secure Online Banking. You should report the transfer (s) to your bank or, if you signed up through the Zelle app, report it to Zelle at (844) 428-8542. Step 2: Enter the email address or U. These five banks are JPMorgan Chase, US Bancorp, Wells Fargo, BB&T, and PNC Financial Services Group. Zelle® is available in the mobile banking apps of more than 1,700 financial institutions, and probably yours! So, whether you’re paying the babysitter to watch the kids on date night or paying back your buddies for some. 2 TD Bank Mobile Deposit is available to Customers with an active checking, savings or money market account and using a supported, internet-enabled iOS or Android device with a camera. Since its inception in June 2017, Zelle’s instant payment service has exploded in popularity. Enroll in Zelle using your phone number or email address. checking and/or savings accounts 24 hours a day, 7 days a week, and. Zelle can offer the service at no cost to customers because money is sent directly between bank accounts with no middleman. Zelle Bank List (National Banks) Ally Bank Bank of Hawaii Bank of the West BB&T BECU Capital One Citizens Bank Comerica Bank ConnectOne Bank Dollar Bank First National Bank FirstBank Fifth Third Bank U. How much does a wire transfer cost at HSBC? HSBC wire transfer fees Is there a limit on bank transfers HSBC?. Since its inception in June 2017, Zelle’s instant payment service has exploded in popularity. Log into Online Banking Introducing Zelle Send Money with Zelle ® A fast, easy, safe way to send and receive money Easy access via Online and Mobile Banking. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. ¹ If your bank is part of the Zelle network, you’ll be able to use Zelle via your normal online banking app. If it’s offered through your bank, then Zelle may be available to use through the bank’s online portal. Our trusted global network guarantees secure, automated transfers via online banking. Log on to HSBC Personal Internet Banking. Zelle® connects financial institutions. Zelle is free to use from Huntington but has limits on how much money you can send in a day. Log on to HSBC Personal Internet Banking 2. Was this helpful? Still have. You can access Zelle using your bank’s online banking app or the standalone Zelle app. Make international payments 24/7 in online banking, whether it's going to an HSBC account or another bank. Get Started with Zelle® Sending money to friends and family should never slow you down. S banks: Bank of America, BB&T (now Truist), Capital One, JPMorgan Chase, PNC Bank, U. Backed by many major US banks, Zelle can transfer money into your recipient’s bank account — typically. With Bank to Bank Transfers, you can easily move money between your U. This will include an enhancement to our External Account Transfer service that will give you the ability to transfer money from your PSECU account to accounts that you own at other financial institutions. Depending on your bank, you might need to get some help or contact their customer support. Zelle is a free payments app that is easy to use and transfers money fast. Step 1: Access Zelle® from your PNC Mobile App. If you have made a payment to this recipient before, select the appropriate account from My existing payees. In the To section below, select the Wires/Real-Time Payments. Today, over 100 million people have access to use Zelle® directly through their banking app – no additional downloads necessary! But, even if you don’t have Zelle® available through your bank or credit union, you can still use it! Simply download the Zelle® app in the App Store or Google Play and enroll an eligible Visa® or Mastercard® debit card. How long does an international bank transfer with HSBC USA take? With HSBC, in many cases, you can choose to have a wire transfer sent processed immediately or sent at later date. You can also use Zelle, a payment app that works directly with hundreds of banks and credit unions. Zelle is a payments network that lets you send money easily, quickly and securely from your bank account to someone else’s bank account. Easily set up future-dated and recurring payments. Most major banks and credit unions are part. Zelle is a peer-to-peer, or P2P, money transfer service that allows individuals to send and receive money from each other via connected bank accounts. Backed by many major US banks, Zelle can transfer money into your recipient’s bank account — typically in minutes. If the recipient’s financial institution does not offer Zelle®, the recipient can download the Zelle® app and enroll with basic contact information, an email address and U. In conclusion, while HSBC does not offer Zelle, they do have their own P2P payment service called HSBC Global Transfers. Zelle is available within Citizens mobile app and online banking. Zelle transactions. If the recipient's financial institution does not offer Zelle®, the recipient can download the Zelle® app and enroll with basic contact information, an email address and U. A Better Way to Bank While there’s. No, you cannot use Zelle with a credit card (or a debit card). Zelle provides no deposit account or other financial services. Your bank might allow you to connect your bank account and Zelle with the same username and password for your. Zelle allows enrolled users to send quick and easy payments to friends and family. bank account because Zelle does not have partnerships with banks in other countries. Why Zelle Is Controversial. You can also use Zelle, a payment app that works directly with hundreds of banks and credit unions. How does the platform work? Zelle works similarly to other digital wallets and payment processors; you can make P2P wire transfers. Zelle is a real-time peer-to-peer (P2P) transfer service that transfers payments between consumers using hundreds of pre-vetted banks that are part of the Zelle processing network. Send money in under 5 minutes with banks that use Zelle. Since Zelle is a joint venture of many US banks, it offers several enrolment perks. Zelle is a convenient money transfer service for people who want to send funds quickly to people they know and trust. Your recipient gets a notification. trust using Zelle ®, follow the steps below. For this reason, you need to be in one of the. Eligible accounts include all deposit accounts except for CDs and Commercial Accounts HSBC Global Money Account is a prepaid, multi-currency account available on our Mobile Banking App for customers who maintain an HSBC consumer checking or deposit account. On the Transfers, Wires, and Bill Pay page, select the HSBC checking or savings account you would like to transfer from. Here are some financial institutions that have Zelle integration in their apps: Comerica Bank; Navy Federal Credit Union; Regions Bank; Southern Bank & Trust Co. based account (not including U. What if my bank or credit union doesn't offer Zelle®? Don’t worry! Our network of participating financial institutions is always growing, and you can still use Zelle® by downloading the Zelle® app for Android and iOS. This varies from bank to bank, so make sure to check the sending limit of your bank. Enroll using a Visa® or Mastercard® debit card linked to a U. Zelle users need to be extra careful when sending. You should report the transfer (s) to your bank or, if you signed up through the Zelle app, report it to Zelle at (844) 428-8542. mobile number of the recipient. HSBC is not responsible for these charges. Move a min of $10 up to $50,000 into your HSBC account daily Set up one-time and recurring transfers. checking and/or savings accounts 24 hours a day, 7 days a week, and 365 days a year. Zelle is a real-time peer-to-peer (P2P) transfer service that transfers payments between consumers using hundreds of pre-vetted banks that are part of the Zelle processing network. Personal Internet Banking with HSBC allows you to make the most of that time with many convenient ways to move your money. How to pay: Zelle is built into the Huntington Mobile app. Plus, with Zelle ® you can split the cost of the bill, and set up future and recurring payments to. Make international payments 24/7 in online banking, whether it's going to an HSBC account or another bank. Zelle® is available in the mobile banking apps of more than 1,700 financial institutions, and probably yours! So, whether you’re paying the babysitter to watch the kids on date night or paying back your buddies for some takeout, sending money with Zelle® means never having to download another app. Zelle is a free payments app that is easy to use and transfers money fast. trust using Zelle ®, follow the steps below. Zelle, a digital payment network, is housed under the umbrella of Early Warning Services, LLC (EWS). 75% APY Potential drawbacks Only three term options Must have a Premier checking account Other products. Customers can’t use Zelle with international bank accounts.