What is direct deposit?
Direct deposit is a service that allows you to authorize your employer or benefits provider to electronically send your pay directly to us for deposit into your prepaid account.
If I setup my direct deposit, how long will it take to start working?
Generally, it takes 1-2 pay periods for your employer or benefits provider to start depositing your check in your prepaid account.
Am I eligible for direct deposit?
Yes. Most employers and benefits providers offer direct deposit as an option to get your money. Check with your employer or benefits provider to verify.
When will the money from my payroll check be available with direct deposit?
Payroll checks received by direct deposit are available the same business day they are received by us. The date is typically on your payday if your payday is a normal business day.
How much does direct deposit cost?
AccountNow offers direct deposit at no cost. This service is easy to set up and a convenient way to access your cash immediately without paying check cashing fees.
Can I use direct deposit to deposit my tax refund?
Yes. You can deposit your tax refund or other one time payments from institutions that offer direct deposit. Use the routing number and Direct Deposit Account (DDA) number provided on your direct deposit form. There is a direct deposit limit of $6,000 so if you expect your tax refund to be more than $6,000 you should not set up direct deposit because the deposit will be refused.
How do I qualify for the $25 direct deposit bonus?
To qualify for the $25 direct deposit bonus, simply setup a recurring direct deposit of $50 or more; you will get a $25 credit on your prepaid account after your second direct deposit. You must start direct deposit within 60 days of opening your account. The $25 credit will be applied within 30 days of the qualifying second deposit.
What happens to my direct deposit if I change jobs?
The payments from your previous job will stop automatically. To restart direct deposit with your new employer, fill out another direct deposit form, sign it and hand it to your new employer.