Zil Money is a fintech, not a bank. FDIC coverage is provided through our partner banks Texas National Bank and Lincoln Savings Bank.
1. Zero Transaction Fee Disclosures
- Zero transaction fees on eligible payments only when using Zil Money Wallet.
- $0 transaction fees on eligible ACH payments only when using Zil Money Wallet.
- Zero fees to receive ACH payments.
- Zero transaction fees on eligible real-time payments only when using Zil Money Wallet.
Eligibility varies by payment type, plan, account status, and compliance requirements. Terms apply.
2. Credit Card Processing & Rewards
- Credit card processing fees apply.
- Credit card processing fees apply to vendor and payroll credit card payments.
- Rewards earned based on your card terms.
- Cash back on qualifying transactions when funds are kept in Zil Money Wallet.
- Cash back rewards subject to program terms and qualifying criteria.
Cash-flow extension timing varies by card billing cycle.
3. ACH Processing & Cut-Off Times
- Same-day ACH processing fees may apply.
- Payments subject to cut-off times.
- Processing times are estimates and may vary based on submission time, financial institution processing schedules, and ACH network operating hours.
- Same-day ACH has specific cutoff times throughout the day. Payments submitted after the final cutoff will process the next business day.
- Direct bank processing subject to standard ACH fees.
Platform access for ACH features may require an eligible Business plan. Terms apply.
4. Real-Time Payments (RTP)
- RTP availability subject to recipient bank participation in the RTP® network and is subject to verification, limits, and processing restrictions.
- Recipient bank must participate in The Clearing House RTP network.
- RTP delivery times are typically within seconds but may vary.
Terms apply.
5. Wire Transfers
- Same-day delivery for wires sent before cutoff time.
- Wire transfer fees apply.
Terms apply.
6. International Payments
- International payment costs vary by destination and amount.
- Volume discounts available.
Terms apply.
7. Card & Payment Processing Variability
- Card processing fees apply to all card transactions and vary by card type, transaction amount, and business type.
- Same-day ACH and wire transfer fees may apply even when using Zil Money Wallet.
Terms apply.
8. Security & Compliance
- Secured with advanced encryption and authentication protocols.
- All services subject to approval, identity verification, and compliance requirements.
9. Testimonials & Metrics
- Testimonials are individual customer experiences.
- Results may vary.
10. Regulatory & Banking Disclosures
- Zil Money is a fintech, not a bank.
- FDIC insurance is provided through partner banks Texas National Bank and Lincoln Savings Bank, where applicable by deposit type.
11. Terms & Conditions Access
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