Zil Bank an Alternative to Quontic Bank

Jun 20, 2022 | Payment Services

Zil is a financial technology company, not a bank or an FDIC member. Zil offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

As a business owner, it can be hard to find a bank tailored to your company’s need. After all, no one wants to work with a bank that doesn’t see the value in their business. As a small business owner, you know how difficult it can be to find a bank that provides the best options and services don’t worry, Zil is one of those banks that help freelancers, startups, and modern businesses. It provides customers with several benefits and features. 

Zil Vs. Quontic Bank

Quontic Bank offers a high-yield checking account that has a 1.01% APY. In order to receive this benefit, the bank account holder must maintain a $100000 or less balance in the checking account. To open an account at Quontic Bank at least $100 is needed. The bank also charges high overdraft fees and a monthly inactivity fee of $10 if the account has no transactions for a year.

Quontic Bank Alternative, Zil offers a variety of features compared with other banks, including an app-based interface and the ability to make payments quickly and easily.The platform provides instant money transfers like ACH, and Wire transfers between its accounts. Also, the online platform offers free check drafts, eChecks, and checks by mail services.

Zil Mobile Banking

The mobile app is a convenient, safe, and secure mobile banking application designed for users who are always on the go. Once you start using their app, you can securely access your bank account from anywhere.

List of same features provided by Both Bank:

  1. Zero Monthly Fees.
  2. Zero Minimum Balance.

List of extra features provided by Zil:

  1. Zero Opening Deposit.
  2. Zero Inactivity Fees.
  3. Zero Overdraft Fees.
  4. Wire Transfers.
  5. ACH.
  6. Physical Check Mailing.
  7. Digital Check.
  8. Email Check.
  9. Check Drafts.
  10. Free Invoice Module.
  11. Free Bank Data.

Zil: An Alternative to Quontic Bank

Zil a cloud-based bank offers its clients services that make it easier for small and medium Enterprises (SMEs) to use technology and security functions in online banking. This helps businesses to operate more efficiently.

Evolve Bank & Trustprovides banking technology for Zil, a bank for freelancers, startups & modern businesses.

Opening a U.S. Bank Account from Anywhere in the World

Customers can open an online checking account instantly and enjoy the benefits of U.S. banking without having to fly to the U.S. They can also set up a business banking account immediately from anywhere in the world and easily move money around within the U.S. Additionally, receiving payments in U.S. dollars will help you avoid losing money on currency exchange rates.

Here are some useful advices for Zil:

  • The maximum cash withdrawal amount per day is $2,000.
  • The maximum cash withdrawal amount per transaction is $500.
  • The maximum number of cash withdrawal transactions per day is 25
  • There is no default account limit. Users can create free business accounts using Zil US with no minimum balance deposit or hidden fees

Services Provided by Zil

  • All-In-One Platform
  • Online Banking
  • Physical Card
  • Virtual Card
  • Corporate Expense Card
  • Multi Business Account
  • Bank for Foreigners
  • Get Paid Early

Overall, why waste your time and money by opening an account at Quontic bank, you need to deposit at least $100 and the bank charges high overdraft fees and a monthly inactivity fee of $10 that hits after a year if the account has no transactions. So, switch to Zil, stop worrying and enjoy all the benefits like zero monthly fees, zero minimum balance and many more such features.

Get in Touch

(408) 775-7720

Make a call directly with our customer support team to make it instantly.


Mail to us to solve any queries you have with Zil.

111 N Market St, San Jose, CA 95113

Po Box 6543, Tyler TX 75711

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