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 the community members when your bank balances fall below an amount that they set ($0-$500). This feature stays on indefinitely but can be disabled at any time.
Automatic transfers - Balance Shield transfers automatically transfer $100 of your earnings (plus an optional tip) 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 $3.99 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 - An automatic transfer will be sent via Lightning Speed. Funds will arrive within minutes and a $3.99 fee will be applied when EarnIn debits your account.
- Note: Lightning Speed may not be available to all community members. Cash Out 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.
Automatic transfers are dependent on your Pay Period Max usage and available earnings. If you have less than $100 of earnings, the automatic transfer will not process.
You can also add an optional tip to be applied whenever an automatic transfer happens. Tips will be debited along with the transfer amount and Lightning Speed fee is applicable.
Be sure to monitor your Daily Max and Pay Period Max to ensure that Balance Shield works as expected.
Other restrictions apply, see EarnIn’s Terms of Service (Balance Shield; Balance Shield Transfers).
Why did I automatically receive a transfer?
If you received a transfer without requesting it, it’s likely a Balance Shield automatic transfer which automatically transfers $100 of your earnings if 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.