The App Cash App is a very common money application from counterpart to counterpart (P2P), but it also provides discount card, cash progress, investment, tax deposit and more. Zelle is a directly integrated payment service with American banks and credit federations, which allows quick transfers between deposit accounts without having to download another application – but this is related to. Therefore, do you need to have both Zelle and Cash App, or is it better than the other?
Zelle vs. Cash: Quick comparison
| Monthly fees | 0 dollar | 0 dollar |
| P2P payments allow | Yes | Yes |
| Provides the discount card | no | Yes |
| Available in the application store and Google Play | no | Yes |
| Supports external account connection | It was directly combined into American banks applications and credit union applications in its program | Yes |
| Send limits | It depends on the institution, usually from 500 to 1000 dollars a day |
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| Branches | Online only | Online only |
App Cash Vs. Zelle: Payments for counterparts
The App App and Zelle provides the ability to send money to friends and reliable family, and they are often called P2P payments or transportation.
How to send money using a cash application
You can download the cash application on the application store or the Google Play store without any cost. Once you download the application, you can create a cash app account if you are at least 18 years old. App Cash also offers a teenage account, which requires an adult sponsor with an existing cash application account.
With your cash application setting, you can download your cash application balance to send money to friends or family via an external account or cards transfers, or set a direct deposit. You can also send money directly to other cash apps with related cards and accounts. To send money, enter $ Cashtag $, phone number or email address.
The money remains in the balance of your cash application there until you use it either to send a P2P payment or make a purchase process using the cash application card or convert it to an account or a connected card.
How to send money with Zelle
Zelle’s P2P transfers are slightly different from applications such as the Cash app. Unlike the cash application or Venmo, Zelle transfers are sent and received directly from American deposit accounts, Therefore, there is no balance inside the application that you need to exchange or re -fill.
You can only use Zelle in the current bank’s mobile application if it is compatible, because it no longer has an independent application. If you are a bank customer who supports Zelle, you can use the service to send money directly to other American deposit accounts in the bank’s mobile application. To send money to someone with Zelle, you will need the US phone number or email address.
Zelle works with more than 2,200 banks and credit federations. Some banks that support Zelle include Chase, Discover, Sofi and US Bank, to name a few.
Zelle vs. Cash: Send borders
Zelle’s boundaries differ according to the institution, but they are usually generous and easy to locate. For the largest part, planned $ 500 to $ 1,000 in sending limits daily or a week. For example, the maximum daily Sofi is $ 1,000, while Discover only allows up to $ 600 in Zelle transport daily.
With a cash application, there is less clarity in sending borders. It varies by user and depends on whether your account is verified. If you are a user of the cash application “not verified”, which means that you have not verified your identity yet, you have an extent to send and receive a value of $ 1,000 in a period of 30 days. If you are verified, your limits will be based on your application activity, and you can review your limits in the application.
App Cash is the clear winner when it comes to additional features outside the P2P payments.
The only Zelle function is for money transfers – it no longer has an independent application. App Cash has P2P transfers, as well as all these additional features and services:
App App and Zelle Customer Reviews
Comparing customer reviews, Critical application gets more positive reviews than Zelle.
Zelle’s parent company, early warning services, are often negative reviews on the Better Business Bureau (BBB) and TrustPilot office. The most common complaints are fraud and frustration claims that Zeel is incompatible with smaller institutions. Many users also say they are worn by customer service, as they are often redouired to speak to their own bank about problems instead of Zelle directly.
App Cash App contains thousands of reviews and evaluations more than Zelle – and we mean thousands. On TrustPilot, it contains a 4.4 -star star class of approximately 13,000 reviews, as users praised additional features, direct direct deposits, discounts using a cash application card, fast P2P transfer, and generally, reporting its application is useful and useful. However, he still sees a fair share of negative reviews, which are often complaints about sending money by error to the wrong person or struggling to restore money after falling into a fraud.
Final judgment: The cash application is better
If we compare the Zelle and Cash App application depending on the function, ease of access and customer reviews, The monetary application is the winner.
The cash application is not limited to P2P transfers only, unlike Zelle. And since Zelle stopped its independent application, you can only use Zelle if you are already laughing with a institution you support.
You can link the external accounts of the cash application, including debit and credit cards, to send money to friends and family quickly and without fees. There is a free discount card that you can connect to your cash application, and depending on where you live, you may be eligible to get a cash application borrowing feature to borrow small sums. Without an additional cost, you can also provide your taxes through the application in most American states.
However, Zelle gets points for rest. If you already have an account with a large name bank, there is a very good opportunity in Zelle in your banking application. You do not need to download another application, as you only have to check the Zelle account for one time to send money immediately to the American deposit accounts. In most cases, banks do not receive anything to send or receive money with Zelle.
Cash card for the cash application
- 0 dollar monthly fees
- Get the payment up to two days early
- Earn up to 4 % APY on savings
- Free open withdrawal coverage is up to $ 200
- Immediate payment of ATMs with a cash application card
Alternatives to the monetary application and Zelle
If Zelle and Cash are not suitable, compare these other options:
- Chime®. Chime® is Fintech. If you have a ringing account, you can use the payment feature for anyone to send money to anyone with a discount card in the United States without any fees.
- Venmo. Malled by Paypal and perhaps the largest App Cash, Venmo works largely as the Cash App with P2P transfers.
- Apple’s reward. If you are Apple user, Apple Pay is a digital portfolio and payment service, you can prepare it to send money to other Apple users using the messaging application. You can also prepare the portfolio for payments without contact or even store things like insurance cards or concert tickets.
