21 Banks With Early Direct Deposit


In today’s world, where things move at a brisk pace, efficiency and speed are crucial. Early direct deposit offers just that: a quick and convenient way to receive your paycheck or other income straight into your bank account. No more standing in long lines to deposit checks, now you can access your hard-earned cash up to 2 days earlier.

To make your search for the right bank easier, we’ve put together a comprehensive list of 21 banks and credit unions that offer this useful service. From traditional in-person banks to cutting-edge digital options, we’ve got you covered. Our list will help you find the bank that fits your direct deposit needs.

Banks That Offer Early Direct Deposit

Looking to get paid ahead of schedule? Check out our list of the best banks that offer early direct deposit.

1. SoFi

Our Top Pick
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Features & Benefits

  • Sign-up bonus: Up to $300 with qualifying direct deposits
  • No monthly fee
  • Earn up to 4.60% APY on savings
  • Over 55,000 fee-free ATMs

The SoFi Checking and Savings account comes with a plethora of benefits, including the no overdraft fees, no balance requirements, and no monthly fees.

In addition, you can use 55,000 ATMs at no cost via the Allpoint® Network. If you set up direct deposit, you can earn 4.60% APY on your savings and 0.50% on your checking accounts.

Also, with direct deposit, you can earn a bonus of up to $300, plus you’ll receive your paycheck up to 2 days earlier. In addition, can enjoy up to 15% cash back at local businesses when you use the SoFi debit card.

2. Chime®

Our Second Pick
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Features & Benefits

  • Over 14.5 million downloads
  • No minimum opening deposit
  • Over 60,000 fee-free1 ATMs
  • Get paid up to 2 days earlier with direct deposit2

Chime® offers an award-winning financial app, a debit card, and a credit builder Visa® credit card, all with no credit check.

The Chime Checking Account is perfect for those who want a stress-free banking experience. Say goodbye to monthly maintenance fees, foreign transaction fees, and minimum balance fees.

Building your credit has never been easier with the Secured Chime Credit Builder Visa® Credit Card7. No annual fees, no credit checks, no interest charges – it’s a secured credit card that’s perfect for establishing or improving your credit score.

With over 60,0001 fee-free MoneyPass® and Visa® Plus Alliance ATMs, plus the option to deposit cash for free at over 8,500 Walgreens locations, banking with Chime is a breeze.

And with direct deposit2, you can get your paychecks up to 2 days earlier. All of these features make Chime a smart choice for your financial needs.

3. Current

Our Third Pick
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Features & Benefits

  • Build credit just by using your debit card
  • No minimum balance or hidden fees
  • Fee-free overdraft up to $200 with Overdrive
  • 40,000 fee-free Allpoint ATMs in the U.S.
  • Get paid early – up to 2 days faster

Unlike a traditional bank, Current is a fintech company that offers innovative financial solutions. They don’t run credit checks or utilize ChexSystems, making it accessible for everyone.

With Current, your everyday purchases can shape your financial future. Simply by swiping your debit card, you can build credit. No loans or credit check needed. There are also no monthly or annual fees for this service.

A Current mobile bank account boasts several benefits, including fee-free overdraft protection and free access to over 40,000 Allpoint ATMs via your Current debit card. There are no hidden fees, nor do you need to maintain a minimum balance.

By signing up for a Current Premium account, you can receive your paychecks up to two days early through direct deposit.

On top of that, Current offers generous savings opportunities with their Current Savings Pods, boasting up to 4.00% APY.

4. GO2bank

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Features & Benefits

  • No ChexSystems or credit check
  • 4.50% APY on savings
  • Over 19,000 fee-free ATMs
  • $5 monthly fee can be waived

GO2bank is a neobank offered by Green Dot, a well-established financial technology company. Customers can open a checking account featuring subaccounts known as vaults without a minimum balance requirement.

GO2bank provides an attractive 4.50% APY on savings accounts for balances of up to $5,000. Access to funds is made easy through cash deposits at 90,000 retail locations and fee-free ATMs at 19,000 locations.

Additionally, customers can receive their pay up to 2 days in advance and government benefits up to 4 days early via direct deposit.

You can also opt for overdraft protection up to $200 with eligible direct deposits.

GO2bank offers the GO2bank Secured Visa Credit Card, which can assist customers in building their credit over time through responsible use.

The $5 monthly fee is waived when you receive payroll or government benefits through direct deposit.

5. Chase

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Features & Benefits

  • $100 bonus after 10 purchases in 60 days
  • Over 16,000+ fee-free ATMs
  • Over 4,700 branches nationwide
  • $4.95 monthly service fee

Chase offers a secure and convenient option for banking in the form of its Chase Secure Banking checking account. Equipped with a Chase debit card, this account grants you access to a vast network of over 16,000 fee-free ATMs.

This checking account offers features such as free online bill payment, no-cost money orders and cashier’s checks, and protection from overdraft fees.

Additionally, there’s no minimum deposit required to get started. However, it’s worth noting that there is a monthly service fee of $4.95.

For those seeking an extra incentive, Chase Secure Banking has you covered. Open an account and make 10 eligible purchases within 60 days and you’ll be rewarded with a $100 cash bonus.

Approval is immediate, and the debit card is issued quickly, so you can start banking with ease. Choose Chase Secure Banking for a secure, convenient, and rewarding banking experience.

6. Axos Bank

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Features & Benefits

  • No monthly fees
  • No overdraft or NSF fees
  • Unlimited ATM fee reimbursements
  • Paychecks and tax refunds up to 2 days early

The Essential Checking account offered by Axos Bank is an ideal option for those seeking a hassle-free banking experience. With zero monthly maintenance fees, and reimbursement for all domestic ATM fees, you’ll enjoy a stress-free banking experience.

Plus, with unlimited free mobile deposits, your funds will also be safeguarded with FDIC insurance up to $250,000.

No need to worry about overdraft or insufficient funds charges – Axos Bank has got you covered. And with no minimum balance required, you can open the account with just a deposit of $50.

And, in contrast to other banks, Axos Bank doesn’t use ChexSystems or check your credit report, making it easier for you to open your account.

7. Dave

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  • No overdraft fees or minimum deposit fees
  • Access to 40,000+ fee-free MoneyPass® ATMs
  • Earn up to 15% cash back with Dave Rewards
  • Instant access to ExtraCash™ advances up to $500

Dave’s Spending account, available through its intuitive mobile app, allows customers to effectively manage their funds without the hassle of overdraft fees or minimum deposit requirements.

Once signed up, users can immediately use their digital Dave Debit Mastercard® through Apple Pay® or Google Pay™, and if they wish for a tangible card, it’s readily available upon request. Banking with Dave means securing your money, as every account is FDIC-insured up to $250K through the reputable Evolve Bank & Trust.

An outstanding feature of Dave is the vast network of fee-free ATMs, boasting over 40,000 MoneyPass® ATMs, conveniently located in familiar places like 7-Eleven.

Not only does Dave accelerate your payday by up to 2 days through Direct Deposit, but they also introduce a novel way to save money. Their Round Up feature assists users in boosting their savings by rounding up their purchases, effortlessly helping them reach their financial goals.

Furthermore, the Dave Debit Mastercard® provides users with an enticing opportunity to earn up to 15% cash back on their shopping. With Dave, depositing funds has never been easier.

Customers can directly deposit their paychecks, use ACH, Apple Pay®, or Google Pay™ for transfers, or even deposit cash in-store at popular locations like CVS and Walgreens.

Lastly, for those unexpected expenses, Dave provides an ExtraCash™ feature, where users can get advances up to $500, offering flexibility and assurance in their financial journey.

8. Walmart MoneyCard

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Features & Benefits

  • No monthly fee with direct deposit of $500 or more
  • Earn cash back on Walmart purchases
  • Overdraft protection up to $200 with opt-in & eligible direct deposit
  • Earn 2.00% APY on savings

The Walmart MoneyCard serves as a compelling alternative to conventional checking accounts, designed as a prepaid debit solution.

One of its standout features is the cash back offering, where users can earn 3% for purchases made on Walmart.com, 2% when filling up at their fuel stations, and an additional 1% for in-store transactions. However, these cashback rewards have an annual limit, capped at $75.

Another notable advantage is its overdraft protection. By opting in and setting up direct deposits, users can benefit from up to $200 in overdraft coverage.

In terms of fund accessibility, the ASAP Direct Deposit feature is quite handy. It not only ensures that users get their salaries two days earlier but also expedites the receipt of other benefits.

On the savings front, the card doesn’t disappoint. It offers an impressive 2.00% APY, encouraging cardholders to save more. Moreover, users have a chance to win monthly cash prizes, adding a fun twist to the savings experience.

In terms of costs, there’s a monthly fee of $5.94. However, Walmart understands the value of consistent transactions, so they’ll gladly waive this fee if the cardholder had direct deposits totaling $500 or more in the preceding month.

9. Albert

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Features & Benefits

  • No maintenance fees
  • No minimum deposit
  • $150 bonus with direct deposit and use of Albert debit card
  • 55,000 fee-free ATMs

Albert is a banking app that offers an all-in-one checking account solution with numerous benefits. To start, there are no minimum deposit requirements and your funds are fully protected with the safety of FDIC insurance up to $250,000.

Not only that, but you’ll receive a Mastercard debit card with $200 overdraft protection and the opportunity to earn cashback rewards.

If you need cash, there’s no need to worry – Albert provides access to over 55,000 ATMs without any fees. To top it off, you can receive your paycheck up to two days early, thanks to Albert’s convenient direct deposit feature.

10. Varo

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Features & Benefits

  • No account fees
  • No minimum balance
  • No credit check
  • 55,000+ fee-free ATMs

Varo is a game-changer in the banking industry, with its cutting-edge digital banking solutions. Signing up for a Varo checking account couldn’t be easier. You can do it all from the comfort of your own home, without ever having to step foot in a physical bank branch.

With Varo, you’ll have access to a wealth of features, including the ability to receive your hard-earned paychecks and tax refunds up to two full days ahead of time, thanks to their early direct deposit program.

There are no monthly fees, no credit check, and you can get up to 6% cash back when you use your Varo Bank debit card at select brands.

What is early direct deposit?

Early direct deposit is a feature that enables you to receive your salary, tax refunds, or other payments ahead of the regularly scheduled payment date. Instead of waiting until the official pay day, the funds are transferred electronically to your account as soon as they are received by your bank.

This means you can access your money earlier and use it to pay bills or make purchases. To take advantage of this feature, you’ll need to provide your employer or other payment source with your bank account information and authorize them to make electronic transfers.

What are the benefits of early direct deposits?

Early direct deposits offer a multitude of advantages. By providing immediate and dependable access to your pay, you can avoid the frustration of waiting for a physical check or for funds to clear at the bank. This rapid access to funds can prove invaluable in urgent situations where time is of the essence.

Additionally, early pay with direct deposits eliminate the risk of checks getting lost or stolen and the inconvenience of physically depositing them.

Furthermore, it streamlines financial planning and budgeting by making funds available promptly, thereby enabling you to manage your finances with greater ease and efficiency.

Why do some banks direct deposit early?

Banks and credit unions offer early direct deposit as an added benefit to attract or retain customers. It’s a way to provide added convenience and flexibility for customers who rely on their regular income for financial stability.

This service can be especially useful for people who need access to their funds quickly for unexpected expenses or bills. By offering early direct deposit, banks aim to provide their customers with greater financial peace of mind and control.

Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

2. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Chime generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

7. The secured Chime Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your card for its issuing bank.