Banks That Pay 2 Days Early [2024]
By Maddy Scheckel The median American worker brings home $1,118 a week. Most people wait for “payday” to see that money, but you don’t have to!
Why? Because some banks, financial apps, and payment services can help you get your paycheck up to 2 days early!
In this article, I’ll describe the best banks that pay 2 days early.
I’ll also tell you exactly what features they offer. That way, you can pick a financial institution that provides early paychecks while also meeting your other banking needs.
So, don’t wait until payday to get your hard-earned money. Get ahead with these banks and services!
Banks That Pay 2 Days Early
Getting your paycheck early might seem sketchy, but trust me – it’s completely legitimate. This is a service offered by credible companies in the banking industry.
Here are the best banks that pay 2 days early. You may already recognize some of the names on the list!
Cash App
Early Direct Deposit Access: 2 days
Best For: Digital payments
Cash App is mostly known as a digital payment service that makes it super easy to send money with just a few taps. It has some other incredible features as well, allowing you to use it as a digital bank.
With Cash App, you can:
- Instantly send and receive digital payments
- Invest in the stock market and cryptocurrencies
- Use the Cash App Card to make purchases and withdraw money from the ATM
- Set up direct deposits to receive your paychecks 2 days early
The early payday isn’t the only perk you’ll enjoy for setting up direct deposits. If you receive at least $300 per month, you’ll also get your ATM fees reimbursed – as long as you stick with in-network ATMs. In-network ATM locations can be found on the Cash App website.
Getting direct deposits isn’t the only way to load your Cash App account. You can also transfer money or even load paper dollars at a store.
Here’s a guide on how to add money to your Cash App card.
Revolut
Early Direct Deposit Access: 2 days
Best For: International banking
Revolut is a comprehensive digital banking app – and when I say comprehensive, I mean it!
You can use Revolut to:
- Make digital payments
- Exchange currencies
- Transfer money
- Make purchases and withdraw cash with a debit card
- Buy stocks
- Earn interest
With a robust currency exchange operation and a debit card that works around the world, Revolut is perfect for globetrotters. It’s also great for anyone who simply wants a convenient way to bank.
Source: Revolut
The bad news with Revolut is that you’ll need a paid plan for certain features. Here’s the good news: The early payday feature is 100% free!
And not only will Revolut deliver your money early, but it will also help you make smart financial decisions. You can have the app automatically deposit some of your pay into a “Savings Vault,” where it will earn you interest. This is a great way to make sure you’re paying yourself first.
Intrigued? Dive into this complete Revolut review to learn more.
Current
Early Direct Deposit Access: 2 days
Best For: Flexible online banking
Current is a banking app that offers a wide range of financial features. Yes, that means you can manage your finances right from your phone!
Once you have a Current account, you can:
- Receive early paychecks through direct deposits
- Withdraw money from over 40,000 fee-free ATMs
- Use your debit card for purchases
- Earn interest on your savings (up to 4.00 APY at the time of writing)
- Spend smarter with high-tech budgeting tools
- Invest in cryptocurrencies
Now, I can understand if you’re a little wary of app-based banking, but Current is seriously legit. It has over 4 million members, and its mobile app gets 4.7 stars from users in the Apple App Store.
Current also works with banks that are members of the FDIC, meaning the first $250,000 you deposit will be federally insured. That’s why this is a great way to combine the convenience of an app with the security of a real-deal bank.
Want to learn more about why Current deserves its place among the best banks that pay 2 days early? Read this Current review.
Chime
Early Direct Deposit Access: 2 days
Best For: Free overdrafts
Chime is an app-based banking service that prioritizes simplicity. This makes it perfect for tech-savvy users who want their personal finances to be completely headache-free.
Chime’s main features include:
- A checking account with no minimum balance and no monthly fees
- A “credit builder” that helps improve your credit score as you spend
- A fee-free savings account with competitive interest rates
The Chime checking account comes with a debit card that you can use at over 60,000 fee-free ATMs.
Plus, when you set up direct deposit, you can get your paycheck up to 2 days early.
Using direct deposit will also qualify you for the “Spot Me” feature – where Chime will give you $200 in overdrafts without charging a fee. Think about what that means: If you’re ever in a pinch and need to borrow some money, you can just get $200 from the ATM. It’s basically a free way to borrow money!
To learn more about early paychecks, Spot Me, and other features, check out this complete Chime review.
Upgrade
Early Direct Deposit Access: 2 days
Best For: Across-the-board personal banking
Among banks that pay 2 days early, Upgrade is one of the most well-rounded options.
With Upgrade, you can:
- Open a checking account
- Open an Upgrade Premier Savings account and earn up to 5.21% APY (rate valid at the time of this publication)
- Get a hybrid debit/credit card
- Apply for a personal loan
That’s a lot for a single online bank! And you can manage your accounts through the Upgrade App, which has 4.8 stars in the Apple App Store.
Now, let’s focus on the Upgrade Rewards Checking Plus account for a second. This is the Upgrade account that can give you your paychecks 2 days early. Just make sure you set up direct deposit, and keep in mind that you can only receive up to $5,000 in early paychecks.
The Upgrade Rewards Checking Plus account has additional perks, including 2% cash back on some purchases and the chance to waive ATM fees if your account meets certain requirements.
So once you’ve received that early paycheck, you can put the money to good, efficient use!
Check out this Upgrade review to learn more.
Varo
Early Direct Deposit Access: 2 days
Best For: Easy-to-open accounts
Varo is definitely one of the best banks that pays 2 days early. Why? Because it’s so much more than just a bank!
Varo offers a wide range of services, and they’re all accessible through the highly-rated Varo mobile banking app.
With just a few taps on your smartphone, Varo can help you:
- Transfer money
- Open a high-yield savings account
- Grow your money with automatic savings tools
- Build credit
- Borrow up to $250
And signing up for Varo seriously couldn’t be easier. There are 2 ways to do it:
- Head to the official Varo website and click “Get Started.”
- Download the Varo mobile banking for iOS or Android.
With Varo, there’s no need to spend hours in a stuffy bank lobby. That makes it a great option for anyone who wants the convenience of early paychecks, but without wasting hours of their time.
Source: Varo
Interested in learning about more stress-free banking options? Then check out this list of the easiest bank accounts to open online.
PayPal
Early Direct Deposit Access: 2 days
Best For: Convenient spending
When looking at banks that pay 2 days early, you might be surprised to see PayPal on the list. Isn’t it famous for being an online payment service?
Yes – but it also offers some incredible bank-like features.
You’ll have to start by creating a PayPal account. From there, you can set up direct deposits through your PayPal profile.
Why would you want your paychecks sent to your PayPal account? For the sake of convenience, of course!
Once that money is with PayPal, you can:
- Make online purchases
- Send money to other people
- Pay your bills online
- Shop in physical stores with a PayPal debit card
PayPal’s whole business model revolves around making it easier to spend money. So why not get your paychecks straight to where it will be most accessible, especially when you can get the money early?
That’s the type of convenience the Internet was built to provide!
And while you’re at it, you could earn even more money for your PayPal account by playing games and completing mindless online tasks.
Don’t believe me? Then check out this list of PayPal games that pay real money. You’ll be amazed by the opportunities that are out there!
SoFi
Early Direct Deposit Access: 2 days
Best For: Earning interest
Several banks that pay 2 days early also provide a wide variety of other services – but SoFi takes the cake.
You can think of pretty much any standard banking service, and SoFi will offer it. Checking accounts? Yup. Savings accounts? Of course. Loans, investments, and crypto trading? Yes, yes, and yes!
On top of all that, SoFi offers credit cards, insurance policies, credit score monitoring, and loan refinancing. It’s like a banking paradise, and it’s all available online!
To get the early paychecks, you’ll need either a combined SoFi “Checkings and Savings” account or a Samsung Money by SoFi account. In either case, you can set up direct deposits, then get your money up to 2 days early.
And you know what’s great about getting that money ahead of schedule? You’ll start earning interest on it as soon as it’s deposited. That means an early paycheck can turn into a bigger paycheck, too!
How Do Banks Pay 2 Days Early?
Banks that pay 2 days early give you the money as soon as the payor provides the information for the deposit, rather than waiting for the funds themselves to clear.
Confused? No worries. I’ll break it down for you.
First of all, it’s important to know how direct deposit typically works, without any “early payday” feature:
- The employer submits the deposit information to the employee’s bank.
- The bank waits for the funds to clear.
- The funds become available in the employee’s bank account.
For most employees, it’s not until that third step happens that they actually “get paid,” and it can take a few days from when the process starts.
If your bank has an early payday feature, they’ll skip that second step of waiting for the funds to clear. Since they already know the deposit has been initiated, they can just put the money in your account right away. And for you as the employee, that means getting your paycheck up to 2 days early!
Keep in mind that the timing of early direct deposits depends on the payor, not the bank. That’s why all the banks on this list say you could receive your paycheck “up to” 2 days early. They can’t make the money available until they get the deposit information from your employer, and every company has its own payroll process.
But if your employer sends in those deposits early, you can expect to get your money ahead of schedule.
Commonly Asked Questions About Banks That Pay 2 Days Early
What Time Does Chime Direct Deposit Hit 2 Days Early?
There’s no set time when early direct deposits will hit your Chime account, because the timing depends on your specific employer’s payroll process. Some Chime users report that the timing varies from week to week.
To learn which budgeting app could best help you manage your finances and boost your savings, check out these comparisons of Rocket Money vs the competition:
If you’re looking for a low-tech, hands-on budgeting method, learn about cash envelope categories. And if you need to boost your savings fast, the 60/30/10 rule budget can help.
Then use a net worth tracker to see how your new financial strategies are paying off.
What Banks Get Paid 2 Days Early?
If you set up direct deposit, there are several banks that pay 2 days early. SoFi, Varo, Upgrade, and Current are all great options. You can also get early paychecks with a personal finance app like Revolut and Chime or a payment service like Cash App or PayPal.
What Banks Let You Get Paid a Day Early?
Current, Upgrade, Varo, and SoFi all let you collect your paycheck a day early. Sometimes, they’ll even give you the money available 2 days ahead of time. That means you can pay bills, buy groceries, or start earning interest – all ahead of schedule!
Does Wells Fargo Offer 2 Day Early Direct Deposit?
Wells Fargo is one of many banks that pay 2 days early direct deposit. All you have to do is open a personal checking account and set up direct deposits.
Does Chase Direct Deposit Pay 2 Days Early?
Chase direct deposit can pay you up to 2 days early. Not only does this apply to paychecks, but it can also be used with tax refunds, government benefits, and pensions.
2 Days Early Direct Deposit?
There are lots of banks that pay 2 days early direct deposit, including SoFi, Varo, and Current. You could also get early paydays by setting up direct deposit with Revolut, Cash App, or Chime.
Banks That Pay 2 Days Early Direct Deposit?
Some of the most reliable online banks in the country – including SoFi, Current, and Upgrade – offer early direct deposit. And depending on how your employer handles payroll, these deposits could arrive 2 days early.
And if you’re looking for bank that will help you boost your balance fast, check out these banks with immediate sign-up bonus and learn how to get the Chime referral bonus.
Best Early Direct Deposit Banks?
Here are some of the best banks that pay 2 days early:
