ZYNLO

PeoplesBank - Holyoke, MA

About this app

Our motto is simple: Plan Ahead. Play Now. We’re giving you the tools, the features, and the banking app to anticipate your future while conquering today. Are you ready?

PLAY NOW.
ZYNG ROUND UP AND MATCH^
Save. Spend. Earn. We give you real cash every time you use your debit card with ZYNG Round Up & Match.

Here’s how ZYNG^ works:
Open your ZYNLO More Spending checking account1 and a Tomorrow Savings account,2 then use your ZYNLO debit card.
We’ll round up each debit card transaction to the nearest dollar, match your roundup, and move that extra money into your Tomorrow Savings Account. The more you use your debit card, the more often we’ll round up and match.
EARLY PAYDAY*
If your employer offers direct deposit and uses a participating direct deposit service, ZYNLO gets you paid up to two days faster* than you normally would.

NO FEES:
No ATM Fees. No monthly bank account fees.
No account balance minimums. No transaction limits.

HIGH-YIELD CHECKING
We think a checking account should earn big interest, too.

PLAN AHEAD.
SAVINGS GOALS
Whether you’re thinking about a new car, your next vacation, or your best retirement life, it’s super-easy to set up personalized Savings Goals and reach them faster.

SPENDING INSIGHTS
Create custom spending folders to see exactly where your money is going. Because knowing how you spend can help you save.

HIGH-YIELD SAVINGS
Your ZYNG Roundup and Match^ and Savings Goals live in a high-yield savings account, where your money is making money.

SECURITY
Lock and unlock your ZYNLO debit card with a single tap. Set or reset your PIN. Protect yourself with privacy controls. And every deposit you make at ZYNLO is 100% insured by the Federal Deposit Insurance Corporation (FDIC).

^ZYNG automatically rounds up debit card purchases to the nearest dollar and transfers that amount from your ZYNLO More Spending Account into your ZYNLO Tomorrow Savings Account. ZYNG will match roundups at 100% for the first 100 days. After 100 days, ZYNG will continue to match roundups at 100% if you maintain an average daily balance of $5,000 in your More Spending Account. Spending Accounts that maintain less than the minimum average daily balance will be matched at 25%. Match dollars will be deposited in real time based on the average daily balance (ADB) of the previous statement cycle. ZYNLO More Spending with ZYNG Round Up and Match return is estimated using $5,000 average daily balance, 20 monthly transactions, an average of $0.44 per roundup, and 100% match.

1More Spending Account: A minimum opening deposit of $10 is required to open this account, and the minimum balance needed to obtain the Annual Percentage Yield (APY) is $.01 as of 02/01/24 and is subject to change without notice. Fees may reduce earnings. Competitive rates are reviewed periodically.

2Tomorrow Savings Account: A minimum opening deposit of $10 is required to open this account, and the minimum balance needed to obtain the Annual Percentage Yield (APY) is $.01 as of 02/01/24 and is subject to change without notice. Fees may reduce earnings. Competitive rates are reviewed periodically.

*Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

Ratings and reviews

the bank is good. I'm not the biggest fan of the app it needs two charts to see money movement to make the charts useful. One for the spending account and one for the savings. right now if you transfer money from checking to savings it counts as money going out, then if you transfer that same money back to checking it counts as money going out. obviously your money is still there but it makes the graphs useless to see what you spent in a given month. so that's why three stars.

Once you have done your initial transfer on account setup, it is impossible to transfer that money back out. The drop-down menus for the 'From account' and 'To account' are both blank. It won't even show the Zynlo account! I'm not sure, but it seems like a scam to trap your money. I suppose it could be a software error, but it happens on the app and on the web browser. I would avoid Zynlo!

Customer service was very helpful with aiding me in setting up a new account after I initially entered the wrong SSN. Card benefits are great too, I love the round-up feature. And now that they've switched to a new bank linking method (Plaid), I can connect all my other accounts too. If you plan on keeping enough money in the account to keep the matched round-ups going past the trial period, this is a great choice for a daily spending account.

What’s new

This version includes accounts page enhancements, bug fixes, and more.