@Anonymous wrote:
@KLEXH25 wrote:
@Anonymous wrote:
@MyDataMyChoice wrote:You know the bank doesn't have to offer Zelle for you to use Zelle right?
You can download the zelle app and link your DCU debit card
This is true but this method is limited to $400. I use this to send my roommates rent and grocery contributions and when they need to borrow money from me so $400 isn’t enough.
I've never used Zelle. What about Venmo?
Doesn’t that have fees?
We used PayPal friends and family until PayPal just one day decided that they were going to make me wait for them to debit my checking first. They said three days before I sent it, I asked my roommate for her email address since she told me she had been using Chase Pay (Zelle) to pay the landlord and I zipped it to her. I haven’t touched PayPal since other than to manage my PayPal Cashback MasterCard. No fees, instant transfer, and bank-backed.
No fees if your payments come from your checking account (basically an ACH transfer). If you pay using your debit or CC, there's a small fee. I know PayPal bought Venmo, but the Venmo app itself is pretty seamless. I started using it when my old roommate said it would be easier to pay me the rent that way. Now my SO and I Venmo each other for bills, rent, and expenses. Works great, so I haven't felt the need to try Zelle.
*Edited to Add: Payment is quick too. Comes through within a day for me, sometimes the same day.
@Anonymous wrote:
@KLEXH25 wrote:No fees if your payments come from your checking account (basically an ACH transfer). If you pay using your debit or CC, there's a small fee. I know PayPal bought Venmo, but the Venmo app itself is pretty seamless. I started using it when my old roommate said it would be easier to pay me the rent that way. Now my SO and I Venmo each other for bills, rent, and expenses. Works great, so I haven't felt the need to try Zelle.
*Edited to Add: Payment is quick too. Comes through within a day for me, sometimes the same day.
Hmm Venmo might be something for me to keep in mind as a backup. I do like the literally instant debit and credit that Zelle does though. Can you Venmo yourself? Another thing I like about Zelle is that you can have it linked to multiple bank accounts and transfer funds between them, you just need a unique phone number or email address for most of them (some CUs annoyingly force you to use both email and phone number but you can use Google Voice numbers). I use it to zip funds between DCU and 1stBank and NFCU and 1stBank.
I've wondered about it myself, but I don't think you can Venmo yourself unless you have two different Venmo accounts. I imagine that is totally doable though if you use a different email. All of my banks are connected to each other, so I usually just do internal transfers, but it's not always quick depending on the bank. I have also written checks to myself and do mobile deposit, which is usually quicker. It's also a good way to actually use up checks, because who uses those anymore lol? 
@Saeren I deposited some cash from my Venmo on Monday and Wells Fargo got the funds the same day, and DCU got it the next day. Also deposited a mobile check to DCU today and it was in the account a couple of hours later. Just thought I’d let you know.
