Open a personal or business checking account with Zil and enjoy benefits like free ACH payments and international wire transfers. Zil’s online checking account has no minimum balance, periodic maintenance charges, or hidden charges. Additionally, Zil offers free check drafts, eChecks, invoices, and checks by mail. Zil also helps you get your paychecks earlier with Zil’s direct deposit. You need to set up a direct deposit with Zil to help you get your money earlier than your payday.
Zil also offers virtual debit cards, physical cards, corporate expenses cards, and opening multiple bank accounts apart from online banking. With the virtual card, one can conduct credit and debit transactions efficiently. The card is available instantly upon application, and it can be used with any online vendor or with vendors who have enabled touchless transactions. On the other hand, the physical card can be used anywhere (online or offline payments, bill payments, etc.), including withdrawing money from ATMs. It is also possible to manage card usage and set the merchant types where the card can be used. You can set a flexible spending limit on your card, lock or unlock the card, and use multiple cards. Also, you will be able to track all your transactions.
Opening multiple bank accounts can be very beneficial for both businesses and individuals. Opening multiple accounts let one properly compartmentalize expenses and earnings. Such compartmentalization will help chart out a business’s earnings and expenses properly, and this can very easily help them allocate resources appropriately and keep proper accounts of everything.