PAYDAY! Cash App now supports direct deposits for your paychecks. Give your employer the account and routing number in your Cash settings, and we’ll notify you the second that direct deposit hits.pic.twitter.com/LKGEX2rS5E
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If you prefer not to store funds in your Cash App, you're more than welcome to cash out and deposit them to your linked debit card or bank account!
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Similar question - is there a waiting period overnight that the funds will dwell in my cash account before hitting my FDIC bank account?
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You're able to cash out as soon as the funds hit your Cash App, if that's your preference--which will direct the funds to your linked bank immediately. The speed at which the deposit processes will just depend on whether you select Standard or Instant deposit.
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Not good enough where an entire directly-deposited paycheck, every pay period, is concerned. Sounds like you’re tempting people to pile up their entire income, rather than a modest amount meant for incidental spending, in an uninsured Cash account.
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Cute usage of brands on social I suppose, but this encourages really not-safe consumer behavior and is pretty irresponsible Weird that both of
@jack's firms are so disconnected from their real platform issues - Show replies
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And I gave the Cash app a strong positive review and I use it. But this pitch is concerning.
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if you're immediately sending to a fdic-insured bank account, wouldn't you just have it direct deposited there?
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