What is Balance Shield?
Balance Shield puts your earnings in action. There are two components of Balance Shield:
Alerts - Balance Shield alerts send an email and push notification to customers when your bank balance falls below your designated threshold ($0-$500). This feature stays on indefinitely but can be disabled at any time.
Automatic transfers - A Balance Shield auto-transfer automatically sends $100 of your earnings based on your preferred setting ($0 to $500). Balance Shield transfers repeat automatically, but can be disabled at any time.
Automatic transfers can be sent via Lightning Speed which incurs a $5.99 fee for any transfer up to $100. They can also be sent via standard speed (ACH) for free.
How to Manage Balance Shield
To manage Balance Shield, go to the app home screen and tap Settings then Balance Shield.
Balance Alerts - Use the slider to adjust the alert range from $0 to $500. Use the Send me an alert toggle to turn alerts on or off. Alerts are sent via email and push notification.
Automatic transfers - Choose one of the three available options:
- No Transfer - Turn automatic transfers off
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Lightning Speed - Funds will arrive within minutes and the fee will be applied when EarnIn debits your account.
- Note: Lightning Speed may not be available to all customers. Transfer may take up to thirty minutes, actual transfer speeds will depend on your bank connection.
- Standard speed - An automatic transfer will be sent via standard speed (ACH). Funds will arrive within 1-2 business days.
Why did I automatically receive funds?
If you received money without requesting it, it’s likely a Balance Shield automatic transfer which sends $100 to your linked bank account when your bank balance falls below your selected threshold amount (0-$500).
Why was I unenrolled from Balance Shield?
If your EarnIn account experiences a ACH failure such as invalid bank information or insufficient funds, you will be automatically unenrolled from Balance Shield auto transfers.
Balance Shield Restrictions
Depending on your location and account type, there are some differences with your Balance Shield experience.
CO, MD, MA, WI Residents - Customers in these states may see a different fee structure under a no-tip model. For details, go to Changes for CO, MD, MA, and WI Residents
Availability - Automatic transfers are dependent on your limit usage and available funds. If you have less than $100 available, the automatic transfer will not process.
Tipping - Cash Out customers are able to add an optional tip to their auto-transfers. Tips will be debited along with the transfer amount and Lightning Speed fee is applicable. Cash Out Link customers are not given a tip option.
Other restrictions apply, see EarnIn’s Terms of Service (Balance Shield; Balance Shield Transfers).