How to Set up A Direct Deposit on Cash App (Step-by-Step)
What is Cash App Direct Deposit?
A Cash App direct deposit is a safe and secure way to get paid by your employer. Essentially, you agree to have your employer electronically transfer your paycheck funds to your Cash App account. While Cash App is not considered a bank, it does act as its financial institution that can accept direct deposits.
Cash App direct deposit is available to all Cash App users. You can receive up to $25,000 per direct deposit and up to $50,000 in 24 hours.
The benefit of using Cash App to receive direct deposits is that it offers payments up to two days early compared to traditional banks so that you can have access to your funds almost immediately. This will vary based on your employer, but it is a feature you can take advantage of.
Another benefit of setting up a direct deposit to Cash App for $300 or more within 30 days is the $100 Anywhere Boost. Once you receive the money in your account, you can activate the Boost and get a $100 purchase for free as a “thank you” for using the Cash App direct deposit feature.
4 Quick Steps to Set Up Direct Deposit on Cash App
Learning how to set up a direct deposit on Cash App is not difficult. Follow the steps below and you will be on your way to getting your money faster.
Get a Cash App Debit Card: Also known as a Cash Card, when you activate your free personalized card, this will initiate a new account and routing number for you to use to set up a direct deposit on Cash App. Take time to design your Cash Card the way you want it to look. Make it unique to your style and flair.
Find Your Routing and Account Numbers: The routing and account numbers are essential to give to your employer. This is the information needed for your money to get deposited into the right Cash App account. To find the routing and account numbers in Cash App, tap on the “Banking” tab from the Cash App home screen. Select the routing and account number option below your Cash App balance.
Get a Direct Deposit Form: Screenshot, write down, or copy and paste the numbers onto the deposit form from your employer. Complete the Cash App direct deposit form and submit it to your employer. To get a pre-filled form, select the “Banking” tab from the Cash App home screen then select “Direct Deposit Form”.
From there, you will need to fill in some information such as your employer’s information, and how much of your check you want to have deposited to your Cash App account, and then sign the form. Finally, you can easily submit this form by emailing it to your employer and tapping the “send” button.
Get Your First Direct Deposit on Cash App: Once your employer has confirmed receipt of this form, it can begin paying you. You will have to wait until payroll has been completed on your employer’s side before you can see any payment in your Cash App account.
As soon as your paycheck is directly deposited into your Cash App account, you can immediately begin spending it using your Cash Card, withdraw it at any ATM for free, transfer it to your bank account, or send it to another Cash App user.
Questions Other Cash App Users are Asking
Get a full picture of what it is like to use the Cash App direct deposit feature. Take a look at what other users are asking so that you can learn even more about what to expect from Cash App.
Why is my direct deposit not showing up in my Cash App?
According to Cash App, it can take 1-5 business days for the funds from your direct deposit to arrive in your Cash App from the scheduled arrival date. Additionally, it could take longer for your first deposit to show up in your account depending on your employer.
Is there a fee to use Cash App direct deposit?
Cash App offers free standard deposits into your account. There is only a fee with deposits when it comes to requesting an instant deposit to a debit card that is associated with another financial institution.
Will I always get paid two days early with Cash App?
The answer to this will vary based on your employer. Cash App releases the funds to your account as soon as they are released from your employer. If your employer is consistent with their payroll methods, you will likely receive the benefit of getting paid two days early regularly. However, if your employer does not release the funds on time, then Cash App cannot give you access until your employer does.
How do I check pending deposits on the Cash App?
Pending deposits can be found in your Cash App balance. Keep in mind that just because a deposit is pending does not mean you can spend the money yet. Wait for the funds to become fully available before paying bills or swiping your debit card for purchases.
What bank does Cash App use?
You might wonder how Cash App can have a routing number if it isn’t a bank itself. The bank name that is associated with Cash App is Lincoln Savings Bank and Sutton Bank. This is the routing number Cash App uses and how it can accept direct deposits.
When does the cash app direct deposit hit?
Cash App direct deposits hit your bank account at different times depending on what time you initiated the transfer and how much time it takes your bank to process transactions.
Typically, Cash App deposits hit your account around 11:30 am CST (Central Standard Time) when you initiate the transfer. Weekends and holidays can delay this further by a few hours or even days, depending on when they fall within your bank’s processing schedule.
Cash App Direct Deposit is the Solution for Getting Paid Early
It is often said that time is money. This couldn’t be more true when thinking about getting paid for the work that you do each day. Sometimes, getting your paycheck up to two days early can be life-changing. It is only logical to want to figure out a solution to getting paid early so that you can have access to the money you’ve earned.
With Cash App direct deposit, this can be a solution to that desire to get paid early. Once you have access to your funds on your Cash App account, don’t forget about all the other features you can take advantage of with your money. Invest in options for savings and keep more of your money with cashback opportunities.
Just because you have access to your funds early doesn’t mean you have to spend it all right away. Cash App can help you end the cycle of living paycheck to paycheck with several money management features. Set up your Cash App account today for free.