Deposit Account is a transaction account opened and maintained by EarnIn’s banking partner, Evolve Bank & Trust, Member FDIC and accessed through EarnIn. For more details, visit the Evolve Deposit Account Agreement.
Deposit Account offers the following benefits:
- Higher Pay Period Max (up to $1,000) - To qualify for a Pay Period Max increase, your direct deposits must be at least $250 if you get paid weekly, $500 if you get paid biweekly or semi-monthly, or $1000 if you get paid monthly.
- You get a discount on Lightning Speed, every time you use Cash Out.
- You can select Lighting Speed to get your paycheck up to two days early in your linked bank account for a fee of $2.99 per paycheck, charged by Evolve Bank & Trust, or you can use the standard transfer option at no cost to get your paycheck on your employer’s scheduled payday.
How do I open a Deposit Account?
If you receive an invitation to upgrade to a Deposit Account, there’s a simple step-by-step process within the EarnIn app.
- Complete the steps to verify your identity.
- Agree to the Evolve Bank & Trust Customer Account Terms and the Evolve Bank & Trust Electronic Communication Consent.
- Update your direct deposit information with your employer to route your direct deposit to your Deposit Account.
When your first paycheck arrives in your Deposit Account, you’re all set!
To enable Lightning Speed transfers, make sure you have a valid and up-to-date debit card linked to your EarnIn account
How do I sign up for Early Pay?
1. Complete the steps above to open a Deposit Account with Evolve Bank & Trust, Member FDIC
2. Select Lightning Speed ($2.99 Evolve Bank & Trust fee per paycheck applies)
3. Link a debit card
Is Early Pay available everywhere?
No. Early Pay is not available for residents of Connecticut, the District of Columbia, or Maryland. Also, the availability of early funds is not guaranteed anywhere and may vary from paycheck to paycheck. Early access to your paycheck depends on the timing of your employer’s payroll processing.