What is Cash Out Link?
Cash Out Link is a bank-provided discretionary overdraft product from Lead Bank, Member FDIC, available through the EarnIn app.
There’s no tipping, and each overdraft is subject to a $1.99 service fee.
Note: EarnIn is a financial technology company, not a bank. Cash Out Link is not available in all states.
How Cash Out Link works
Cash Out Link is a discretionary overdraft product available through your Lead Bank Account.
Here’s how it works:
- You initiate a transaction from your Lead Bank Account through the app.
- If you have insufficient funds to make the transaction, Lead Bank may allow you to overdraft your Lead Bank Account to fund the transaction.
- Your Lead Bank Account becomes negative by the amount of such overdraft (plus any fees).
- That balance is automatically repaid when you get paid or receive eligible income.
You’ll see the amount that you may be eligible to overdraft in the app before you request funds.
What is a Lead Bank Account?
Your bank account opened with Lead Bank that’s required to use Cash Out Link. It’s the account that makes Cash Out Link possible and helps manage how money moves in and out of the app.
Your Lead Bank Account allows you to:
- Initiate transactions that may overdraw your account
- See your outstanding overdraft balance and repayments in one place
- Manage repayments and account activity in the app
You’ll open this account during setup, connect your bank, and agree to the applicable bank terms before utilizing your Lead Bank Account.
Delivery speed and fees
When you initiate a transaction from your Lead Bank Account, you can choose how fast you want funds delivered to the recipient:
- Standard (ACH): usually arrives in 1–2 business days, is fee-free
- Lightning Speed: faster delivery when available, typically within 30 minutes, subject to an additional fee shown before you confirm
Fees to expect
- A $1.99 service fee applies to every approved overdraft, regardless of whether it was incurred in connection with a Standard (ACH) or Lightning Speed delivery
- The Lightning Speed fee (if selected) is an additional cost on top of the $1.99 service fee.
- Lightning Speed fee details: $10-$75: $3.99, >$75–$150: $5.99, $150.01–$200: $8.99
- You won’t see tipping prompts
Daily and total limits
Your available overdraft amount can change over time based on things like deposit patterns and account activity.
In general, you may see:
- Up to $200 per day
- Up to $1,000 per pay or income period
Your current available overdraft amount is shown in the app. Please note, however, that Lead Bank pays overdrafts at its discretion, which means that overdraft availability is not guaranteed.
Repayment timing and status
Repayment of an overdraft is usually collected automatically on your income payday.
Here’s what to know:
- Repayment is first attempted from incoming deposits you route to your Lead Bank Account
- If needed, repayment may be collected from your linked bank account
- You can affirmatively initiate repayment of an overdraft at any time in the app. Tap Activity > View and Pay.
If you need to change a repayment date, you can contact customer support via in-app chat.
If your linked bank account doesn’t have enough funds when a repayment is attempted, your bank may charge overdraft or NSF fees based on its own policies.