Emily Clarke

Which Banks Let You Access Your Paycheck Early?

Direct deposit made it easy to get your paycheck on time without the hassle of paper checks. The service is now standard and offered by nearly every bank. But one newer service provided by some financial institutes beats direct deposit, offering an opportunity to access pay early!

Also known as early direct deposit, this service makes your check available up to two days sooner. But which banks offer it?

Capital One

Capital One is most known as a reliable credit card provider. But the companies checking accounts have many great perks, too. With a Capital One 360 checking account, you can get paid up to two days early.

These accounts also offer a small annual percentage yield, allowing you to earn interest. Accounts are free to open and have zero minimum deposit requirements.

Chime

Chime is an online bank that focuses on mobile service. There are no physical branches, but the feature-rich app lets you take control of your finances from anywhere. Not only does Chime let you access pay early with direct deposit, but there are no fees to pay.

That means no monthly maintenance fee, overdraft penalties or minimum deposits.

SoFi

SoFi is another financial juggernaut that offers many products. From student loans to mortgages, SoFi does it all. One of the lesser-known products is SoFi Checking and Savings. The online banking service has early direct deposit.

When you set up direct deposit, you may also qualify for a great annual percentage rate on your checking and savings accounts.

Ally

Ally's Interest Checking Account is an online-only bank account. Like Chime, Ally has no physical branches. But, the bank offers 24-hour support and a healthy network of ATMs.

The checking account offers free early direct deposit. It's an automatic feature that's easy to set up. The account is also interest-bearing, earning an APY as high as 0.25 percent.

Lending Club

The Lending Club is a financial services company that became one of the first well-known peer-to-peer lenders. The Rewards Checking Account is an online banking account that offers early direct deposit, cashback and no standard account fees.

Author Resource:-

Emily Clarke writes about cash advances, overdraft protection & finance apps. You can find her thoughts at cash fast app blog.