Ally Bank and Zelle: What to Expect & Limits

Zelle is a convenient way to send and receive money from your friends, split the tab, or pay your bills. Many people also turn to Ally Bank for their online banking needs because it is convenient and effective. The question is, are Ally Bank and Zelle compatible? 

Ally Bank does have Zelle with daily limits of $500 and monthly limits of $10,000. Your first transaction may take some time to clear and your account could be blocked for ten days. The transfer may take one to three days to complete if your account hasn’t been established yet.

If you need to learn more about the connection between these two programs, this breakdown is everything you need to know. 

Does Ally Bank Have Zelle? 

When you are deciding on a new bank, you need to know what features it has that make it the right choice for you. Convenient options like Zelle are important if you like to send and receive money from friends or family. The good news is that Ally Bank does indeed have Zelle. 

You will need to sign up for this service through your Ally Bank account. It takes just a few steps to enroll: 

  1. Log into your Ally account and select Zelle from Payments menu. 
  2. Select the primary account your plan to use. 
  3. Verify your profile information. 
Ally Bank Zelle

If you enrolled in Zelle at a different financial institution but want to receive your funds in your Ally account now, you can make this switch also. Much like setting up Zelle for the first time, the process is rather simple. 

You can register from the online portal by going to the Payments section and choosing Zelle. Select Activity and it will allow you to transfer your mobile number or email address to your new Ally account. 

Alternatively, you can also make the change through the mobile app. Simply go to Zelle and take a look at your settings. Choose Zelle Settings and then transfer your mobile number or email address over to your Ally account. 

What is the Zelle Limit? 

Unfortunately, you can’t send unlimited money through Zelle with an Ally Bank account. There are limits in place that restrict your ability to send money. Compared to some of the other leading banks, Ally has relatively low daily limits, but their monthly limits are right in line with others. 

The daily limit is just $500 per day. This is quite low compared to the daily limit of $2,500 at Bank of America and $2,000 at Capital One. 

On the other hand, you are able to send up to $10,000 per thirty days. This aligns with some of the other major banks like Capital One that also offer Zelle. 

If you want to know how to increase your Zelle limit we have made a complete article on that as well.

Ally Bank Zelle Blocked

New account holders at Ally sometimes face a situation where their Zelle account is blocked for a short period of time, usually seven to ten business days. Why does this happen and is there any way to avoid it? 

If you recently had your paycheck deposited into your bank account and now want to send those funds to someone else, you may have to wait. Ally Bank, like many other major banks, take a longer time to clear your first check deposit. A seven-to-ten-day hold is fairly standard, and there isn’t much you can do to get around this. 

Ally Bank Zelle

This wait is an attempt to prevent fraud from someone who set up an account without the intention of using it honestly. A new account with a quick turnaround between deposit and spending can trigger alarm bells at the bank. 

You might not get this explanation from Ally Bank right away. Instead, it will show up as Zelle being blocked for ten days. However, it is often because they are still establishing your account and the first deposit can take longer to clear. 

Why is Zelle from Ally Slow? 

Many users prefer to send their funds through Zelle because it is an instant transfer. However, Zelle may be a bit slower at Ally Bank. It can take one to three days for someone else to receive money that you send. Why is Ally Bank Zelle so slow? 

You can speed up the transfer process by establishing your Zelle account early. You must send a Zelle transfer from your Ally account as soon as possible. Consider sending just a few dollars to a spouse or a friend who can pay you back. It will likely take a few days to process. 

In ninety days, your account will be upgraded to instant transfer speeds. During this time, you must keep your Ally Bank account in good standing with no overdrafts. 

Accessing Zelle with Ally Bank

Using Ally Bank and Zelle is quite possible, but there may be a few hoops you have to jump through if your account is new. The best thing to do is establish your Zelle account with them early so that you can use instant transfer whenever you need it. Be patient with the process and you’ll eventually be able to make good use of this service!