For all of us who use Capital One as our bank, we should consider that this bank is one of the owners of Zelle. For this reason, it is fully integrated and can be used to send money even to people who do not have an account. But, doubts may arise about does Capital One use Zelle, which we will try to clarify.
It should be noted that there are limits to the transactions we can make, but in this bank, they are considerably higher than in other banks.
How can I use Zelle with Capital One?
We can use this payment method through our bank in two ways. These will be:
Using the mobile app
It is the easiest way to use Zelle, as we will then be able to access it from any smartphone. It is an application reserved exclusively for bank customers, so we have to send a text saying “MOBILE” to the number 80101.
Once this process is done, we will receive a link where we can download the application. Once the application is installed, it is time to follow these steps:
- We access the application with our credentials.
- We must select the checking account we want to use.
- Select the option “Send Money with Zelle.”
- The application will guide us to enter the necessary details, such as the amount of money, the person who will receive it, etc.
Using Zelle on our PC
To send money through the web portal, we will have to follow these steps:
- We enter the official Capital One website.
- There we will authenticate with our credentials.
- Select the checking account we want to use.
- Next, we will have to look for the “Send Money with Zelle” button.
- We will be asked for all the data related to the transaction to make it easy.
Sending money with Zelle is very simple and a very fast transaction. If we are not sure that everything has been done correctly, we can review the transaction history to make sure that we have sent the money correctly.
Is it free to use this method of sending money?
Yes, it is. In addition, Capital One is one of the founding owners of the platform, which was designed to be free from the beginning. It aims to simplify transactions without the need to enter routing or account numbers.
For greater security, connecting our cell phones with our accounts is best. This way, we will be able to receive verification messages for our transactions.
What are the limits for sending money?
Zelle is a platform not designed to send payments for large amounts of money, such as purchasing a vehicle. There are limits to the payments we make. However, there is no limit to the money we can receive.
Capital One is one bank with a higher limit to make transactions through Zelle’s platform. The transaction limits are $2,500 per day. It also has a monthly limit of money that we can send, which is set at $10,000. Once we reach these limits, we will have to wait until the following month to make our money payments.
However, these rules are subject to change anytime because they depend exclusively on the bank. But, whenever this happens, we will be notified as a bank account customer, so we can know all the details about it.
How long do Capital One transactions through Zelle take?
Zelle is one of the fastest payment services we will find today, as long as both the sender and receiver have a registered account. These transactions take only a few minutes, and there are no fees to pay to the bank. It is because their processing is very similar to ACH transfers.
If the person to whom the money is being sent does not have a Zelle account, they will have to open one to receive the money. In these cases, the transaction could have delays and could be delayed for a few days until the recipient can receive the money, which will be once they open their account in the application.
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