Zelle is an online money transfer platform which counts a whooping amount of funds transferred in a single year. According to Zelle, consumers and businesses sent 1.8 billion payments via the Zelle Network during the year 2021.
Zelle transfers are instant, meaning that you will no longer have to go through the long process involved in transferring money from one bank to another since you can do it instantly with Zelle.
Zelle has now been integrated into most U.S banks due to its convenience and simple to use features to transfer money between banks in less than no time.
There are several banks such as Varo that work with Zelle.
Zelle is compatible with banks and credit unions but its compatibility with prepaid cards is not yet extended as compared to its support for banks and credit unions.
Having an idea on the prepaid cards that work with Zelle will help you know if you are able to use your prepaid cards on Zelle to ease transfers.
So stay glued to this article, as I will show you what prepaid cards work with Zelle.
Table of Contents
What is Zelle?
Zelle is actually a payment network that lets you send money from your bank account to someone else's bank account without any hassle, quickly and in all security.
Most of Zelle's transaction will typically take just a few minutes and all individuals that use the platform are able to send and receive money for free.
In the year 2021, Zelle users sent $490 billion in 1.8 billion transactions and nearly 3,000 financial institutions joined the Zelle network.
How Does Zelle Work?
In order to quickly send payments between banks, Zelle makes use of the Automated Clearing House (ACH) payments system.
Making an ACH transfer to a friend from your bank account takes up to 3 days to complete while with Zelle, your money will reflect in a few minutes.
How to Setup Zelle
There exsit two ways you can use in order to setup Zelle; through your financial institution or by using the Zelle app directly.
How to Setup Zelle Via Your Financial Institution
If Zelle is supported by your financial institution (credit union or bank), then linking Zelle to your account can be done in just a few steps.
All you have to do is to login to your bank account online and then follow the steps to link Zelle to your account.
How to Set Up Zelle Directly
In the case where your financial institution does not support Zelle payments, you can instead link your bank account directly via the Zelle app. The two things you need is your debit card details and your billing information.
What Prepaid Cards Work With Zelle?
Primarily, Zelle does not work with prepaid card, but there are still some prepaid cards which are supported by Zelle. Zelle only works with prepaid cards from a select of the Zelle network Banks.
Prepaid cards that work with Zelle include; Access 360° Prepaid Card, PNC SmartAccess® Prepaid Visa Card, and the Chase Liquid Card (now referred to as Chase Secure Banking).
With that said, it is obvious that Zelle does not work with several of the major brand prepaid cards for sending and receiving money.
In case your prepaid card is among the numerous ones that does not work with Zelle but you want to move money to a bank account, then check out this guide on how to transfer money from Prepaid card to bank account and how to transfer money from Bank Account to prepaid card.
How to Send Money With Zelle
As soon as you have already set up your Zelle account, sending money becomes an easy and straight forward process:
1. Decide Who to Pay
It is often recommended to use Zelle when you want to send money to people you know and trust, mostly friends or family members.
Like for example, if you went out for shopping and you want to pay back one of them incase they paid for some of your shopping items, you can send them $100 via Zelle depending on the cost of the item they purchased for you.
You can also use Zelle with service providers or small businesses such as babysitters, Lawn care professionals, and hairstylists.
2. Enter the Recipient's Email Address or Phone Number
You are able to send money instantly via Zelle to anyone with a bank or credit union account in the United States. You do not need much aside from their Zelle account's email address or U.S mobile phone number.
3. Enter the Amount to Send
You will be ask by Zelle, how much money you desire to send. all you need to do is to enter a figure that is within your weekly send limit, and you are good to go.
4. Send the Money
Here, press "Send" in order to send the payment instantly.
If the recipient already uses Zelle, then the funds will be transferred to their bank account with few minutes.
In case they do not yet have their Zelle account set up, then they will receive a text or email with instructions on how to claim the payment.
Does Zelle Work Walmart Money Card?
No, Zelle does not actually work with Walmart money card since it is among the prepaid cards not supported by Zelle.
Can I Use Zelle Without a Debit Card?
Yes, you are able to use Zelle without a debit card provided that Zelle works with your bank or credit union.
This means that if your bank does not support Zelle, you will have to link your debit card to Zelle before sending and receiving payments via the app.
Final Thoughts on What Prepaid Cards Work With Zelle
Zelle is an online money transfer service that lets users transfer payments in less than a minute or two.
Zelle is compatible with several U.S banks and credit unions but Zelle does not work with all prepaid cards.
This article compiles the few prepaid cards that work with Zelle, so you can properly check it out and then select the one that suits you best.
Frequently Asked Questions
Which card works with Zelle?
Zelle works with debit cards issued by Mastercard or Visa.
Does Zelle Accept Prepaid Cards?
Zelle works with a few number of prepaid cards especially those prepaid cards issued by Zelle Network banks.
Does Cash App Work With Zelle?
While you can't use Zelle to transfer money into your Cash App, you can connect your bank account to both Zelle and Cash App and then transfer money you received via Zelle directly into your Cash App digital wallet.