Enzo Will Terminate Deposit Account Program in April

After shutting down its rewards program, Enzo has announced that it will also terminate its deposit accounts later next month. The news was shared in an email sent out today to Enzo customers. 

Here’s the text of the email:

Dear Enzo Customer,

We appreciate the trust and support you have given Enzo and the opportunity to be a part of your financial strategy over the past few years. However, Enzo will be terminating its Deposit Account Program on 4/22/23.

We’ve finalized our partnership with another fintech, Zurp, who has agreed to offer legacy Enzo customers nearly all the same features you’ve enjoyed with Enzo. Zurp has even offered a promotional 5% APY for former Enzo customers for the first three months, then dropping to what is our current rate, 4.27% APY. Zurp is backed by folks like Scott Belsky, Gary Vaynerchuk, Baron Davis, and many others. Don’t forget to re-link your direct deposit when you switch over!

In order to capture this offer, please download Zurp on the App Store or learn more here: www.zurp.com/enzo. Once you’ve successfully created your account, don’t forget to re-link your direct deposit!

If you are not switching to Zurp, we request that you promptly transfer out any remaining funds in your accounts and adjust any recurring payments you have scheduled into or out of your accounts to alternative bank accounts.

If you’re wondering what Zurp is, this is a card that doesn’t give you any rewards. Instead, it rewards your favorite content creators every time you use the card.