Why can I only make six savings-to-checking transfers per month?

The Federal Reserve currently doesn't impose limits on the number of transfers a person can make from a savings account to a checking account. This means that you can make an unlimited number of transfers and withdrawals from your ZenFunds Savings Account into your ZenFunds Checking Account.

Normally, Federal regulations limit the number of transfers from the Savings Account to a Checking Account to six per month. The law states that after six transfers have been initiated within a month, the individual has to wait until the following month to initiate another transfer. This may change again in the future, and if it does, we’ll let ZenFunds members know.