This release is from February 16, 2026. The rates and terms it describes applied on that date and may have changed since. Current rates and terms are at tellusapp.com.
MOUNTAIN VIEW, Calif., Feb. 16, 2026 — Tellus App, Inc. (“Tellus”), the proptech company behind the Tellus savings app, today launched transfer cancellation in the Tellus app for iPhone and Android. Eligible customers can now cancel a pending deposit or withdrawal themselves for a short time after they submit it.
Bank transfers take time to process. Until now, a customer who entered the wrong amount, picked the wrong account or changed their mind had to contact support and hope the transfer could be stopped in time. If it went through, they had to wait for it to settle and then move the money back.
Now the transfer details screen shows a Cancel transfer button while the transfer can still be stopped. The screen also shows how much time is left to cancel.
What customers get:
- Self-service cancellation. Customers cancel an eligible pending transfer from its details screen. No support request is needed.
- A clear time window. The app shows how long the customer has to cancel. When the window closes, the button stays on screen but can no longer be tapped while the transfer is pending.
- A confirmation step. The app asks the customer to confirm before it cancels the transfer.
- Deposits and withdrawals. One-time deposits, scheduled recurring deposits and withdrawals can be cancelled within the window. Moves between Tellus accounts are not affected.
- Vault deposits. Cancelling the opening deposit for a new Vault also closes that Vault.
How it works:
- Find the pending transfer in the transactions list on the Wallet tab, in an account’s transactions, or in All transactions.
- Tap the transfer to open its details.
- Tap Cancel transfer and confirm.
- The transfer’s status updates on the same screen.
Starting in March 2026, customers who cancel a transfer may see a short, optional question about why they cancelled. Their answers help Tellus improve the transfer experience.
Transfer cancellation is available to eligible customers.
The Tellus app is available on the App Store and Google Play.
About Tellus
Tellus App, Inc. is a proptech company headquartered in Silicon Valley. The Tellus savings app helps people save with cash accounts powered by real estate, and gives independent landlords property management software.
Tellus is not a bank. Tellus is not FDIC-insured. The Tellus Deposit Account is established by Central Bank of Kansas City, Member FDIC. Tellus Deposit Account funds are FDIC-insured through Central Bank of Kansas City. FDIC insurance limitations apply. Visit FDIC and refer to the Tellus Deposit Account Agreement for more details.
Rewards on Tellus’s non-deposit accounts vary and are determined by each customer’s actions and choices in the app.
See www.TellusApp.com for full terms and conditions.
Media contact: press@tellusapp.com
