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  Level Bank Checking Account

Level Bank Checking Account

in Checking Accounts from Zero Financial Inc. · Member FDIC

Claimed

Level Bank Checking Account

Claimed

in Checking Accounts from Zero Financial Inc. · Member FDIC

Net Recommendation Score +100%

SUPERMONEY NET RECOMMENDATION SCORE

+100%

-100% 0% +100%
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Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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0 users are unsure
0 users don't recommend
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Highlights
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Community Rating

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Monthly Fee $0
ATM Fee: Out-of-Network $0
Minimum Balance to Avoid Monthly Fee $0
APY (Annual Percentage Yield) 0.5%

Level Bank Checking Account Review

Level Bank Checking Account is offered by Zero Financial Inc., a financial services company founded in 2016 and based in Walnut Creek, CA. It is made possible by a bank partnership with Evolve Bank & Trust. Level Bank Checking Account is available in 50 states (and Washington, DC).

Key Takeaways
  • 1% Cash back. Level Bank Checking Account offers rewards on purchases (see terms and conditions for details).
  • Low APY. The maximum annual percentage yield for this account is only 0.5%.
  • $0 monthly fee. This account does not charge a monthly maintenance fee.
  • No ATM fees. Level Bank Checking Account does not charge fees on ATM transactions.
  • Up to $12 in ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
  • Hard credit pull. Zero Financial Inc. may require a hard pull on your credit report to open a checking account.
Level Bank Checking Account Pros & Cons
Pros Cons
  • Unlimited cash back (1%) on online and signature-based “credit” purchases.
  • Available in all 50 states.
  • Interest-yielding account.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not offer mobile check deposits.
Level Bank Checking Account FAQ

Are checking accounts from Zero Financial Inc. federally insured?

Yes, your Zero Financial Inc. checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Level Bank Checking Account offer?

Level Bank Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.5%

Level Bank Checking Account offers an APY of 0.5% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Level Bank Checking Account?

Level Bank Checking Account does not require a minimum initial deposit.

Level Bank Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $0

What fees does Level Bank Checking Account charge?

The good news is that this account does not have a monthly service charge.

Level Bank Checking Account Fees
Description
Monthly Fee $0
Paper Statement Fee N/A
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
NSF Fee $0
Overdraft Protection Fee (per transfer) $0
Overdraft Item Fee $0
Early Account Closure $0
Returned Deposit Fee (Domestic) $0
Debit Card Replacement Fee $0
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $0
Check Image Service N/A
Check Copy N/A
Foreign Transaction Fee (Debit Card) 0%
Wire Transfer Fee - Domestic (Outgoing) $0
Wire Transfer Fee - International (Outgoing) $0
Wire Transfer Fee - International (Incoming) $0
Returned Deposit Fee (International) $0
Wire Transfer Fee - Domestic (Incoming) $0
ATM Reimbursement Monthly Limit $12

What features and perks does Level Bank Checking Account offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks up to a monthly maximum of $12.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
Level Bank Checking Account Disclosure: Unlimited cash back (1%) on online and signature-based “credit” purchases on your Level Debit Card with direct deposit of $2,500 or more per month.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   1220 Oakland Blvd., Suite 350
    Walnut Creek, CA 94596
  •   Visit Site

Other Services by Zero Financial Inc.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 0%
Monthly Fee $0
NSF Fee $0
Online Bill Pay Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Returned Deposit Fee (Domestic) $0
Returned Deposit Fee (International) $0
Stop Payment Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $0
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $0
ATM Fee: Out-of-Network $0
ATM Reimbursement Monthly Limit $12
Bank Account Features
  • No ATM Fees
  • FDIC Member
  • Debit Card
  • Nationwide ATM Network
  • ATM Reimbursement
  • No Monthly Maintenance Fee
Cashback Rewards 1%
APY (Annual Percentage Yield) 0.5%

Level Bank Checking Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+100%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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