How does Deposit Account work?

Deposit Account is a new app feature that gives our community an upgraded transfer out experience. It’s a way for you to potentially reach a higher pay period Max and a possibility to receive your paycheck early by routing your paycheck through Earnin. 

Members will also have a smoother transfer out experience with Deposit Account -- no more pesky bank screenshots needed on payday!

When you route your paycheck through your Deposit Account using the info provided by Earnin, we’re able to avoid issues caused by your bank connection. 

Using Deposit Account won’t change your payday! You might even be able to access your paycheck a few days earlier.

Earnin will deduct any transfer outs and tips from the paycheck amount you routed to your Deposit Account. Any remaining funds will then be sent to your Earnin-linked bank account. 

Helpful Hints

Please note that your potential Deposit Account pay period Max is $1000 or up to 80% of the last three paycheck amounts you direct to Earnin - whichever is less. To get your highest possible pay period Max, route your full paycheck to Deposit Account. 

Together, we're helping each other get to a better place financially. That means building products that help you stay in control of your money from the moment you earn it. Deposit Account is the evolution of payday - giving you access to your earned income faster.

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