How to Send More Than $500 with Zelle

Lee Stanton November 3, 2021

There are many reasons why people are choosing to ditch cash for online money transfers. For many users, it’s the more convenient option, and one of the biggest benefits is not having to head to the bank for money transfers.

Many banks and credit unions offer links to digital payment methods to speed up online money transfers. One of the most popular networks available is Zelle.

If you’re looking for a fast and easy virtual way to send and receive money, then you may want to consider giving Zelle a try. The U.S.-based financial app lets users transfer money from their bank accounts directly into others’ accounts and vice versa without any issues.

But is there a limit to how much you can send?

Well, that all depends on your chosen bank or credit union. In this article, we’ll be exploring ways to exceed the $500 spending limit that comes with a Zelle account.

Keep on reading to discover more.

How It Works?

Zelle is an up-and-coming private financial service founded in 2017. The app can be used on any device, from your PC to your smartphone or tablet. Many banks across the U.S. support the service, and it often saves customers a lot of time when it comes to transferring their wealth.

To use Zelle, all you need to do is enter an email address or U.S. phone number once you’ve downloaded the app. After you’ve provided sufficient verification, you’re pretty much good to go. Whether you’re paying for a vacation or just paying back a friend for a meal, you’ll be able to send or receive money instantly to and from any trusted account once you’ve got Zelle up and running.

However, you may notice that there is a weekly spending limit of $500. If you are using Zelle independently from your bank or credit union, unfortunately, you don’t have the option to exceed this limit. To increase your daily spending, you may want to speak with your bank to find out if they can help.

Some banks and credit unions give their customers the option to transfer their money through the Zelle app. If yours provides this option, you will be able to contact someone at your bank directly to increase your weekly spending amount. Most users with bank-supported Zelle accounts can send up to $1,000 a day, with $5,000 a month being the limit. However, this figure may vary depending on your bank.

Money, Money, Money

These days, most bank transfers happen from the comfort of our mobile devices. Gone are the days when we would have to physically make our way to the bank to deal with financial qualms unless that’s your preference.

What’s more, more and more banks across the U.S. are choosing to collaborate with Zelle. When registering with a bank affiliated with Zelle, you’ll be able to spend considerably more than the allocated $500 a day. So, if you need to up your transferring power, the best action plan is to contact your bank and speak to someone to get the process started.

Do you use Zelle as a way of transferring money? Have you tried to increase your spending limit through your bank? Let us know more about your experience in the comments below.