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US Bancorp closed my checking account, because I used Zelle heavily. First, they terminated my Zelle; when I called the customer service, I was given two weeks
by raincom 3y ago
US Bancorp closed my checking account, because I used Zelle heavily. First, they terminated my Zelle; when I called the customer service, I was given two weeks to move my funds to another bank, as they gave a notice to close my account. This happened to another redditor too, who used Zelle frequently, and he banked with Union bank (in California), now owned by US Bank. US Bank closed his union bank account.
Banks don't want any risk whatsoever; they just want profitable customers. Frequent cash deposits, close the account; deposit money orders often, close the account; use zelle heavily, close the darn account; you don't use the debit card to purchase stuff, close the account.