Direct deposit is an electronic payment to a bank account that is typically sent by an employer or the government. Many, or all, of the products featured on this page are from our advertising partners ...

According to a recent PayrollOrg survey, over 95% of Americans receive their paycheck via direct deposit, saving you trips to the bank and providing quick access to your funds. A direct deposit is ...

Waiting for your paycheck or tax refund to hit your bank account can be stressful — especially when bills, rent, or groceries are due. In 2026, many banks and financial apps now offer early direct ...

Setting up direct deposit isn't just a safer way to ensure you get your tax refund — it's faster, too. According to the IRS, electronic refunds are typically deposited within 21 days of filing an ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Amanda has written in the personal finance space for several years and previously worked as a risk analyst at a local community bank. She researches economics, emerging financial trends and the future ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Direct deposit is an electronic payment method banks use to transfer money directly into your account. Most employers use direct deposit for payroll, which helps ensure timely and secure payments.

A direct deposit was an added perk offered by banks back in the day, but it has become a default option for most users. When paper checks were the norm, people often wanted to know what day a ...