Enzo is closing down their bank/deposit accounts. They are recommending people try Styl or Zurp instead.
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!
A different version email says this:
As a result, Enzo has been searching for a viable alternative for our clients interested in a high yield account. We have made the decision to refer clients to Styl Bank, a Division of New Horizon Bank.
Styl Bank, a Division of New Horizon Bank is pleased to offer you a high-yield savings account with a 4.27% APY on any balance. This will ensure you can continue to enjoy high-yield savings and great service. Please follow the link here to complete the account transfer process: Stylbank.com The process will take less than 2 minutes.
If you are not switching to Styl Bank, 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.