Wondering when your Cash App direct deposit will hit? Find out the exact time and date with this helpful guide. Direct deposit is now the preferred way to get paid in this digital landscape. In fact, over 93% of U.S. workers receive their pay via direct deposit, according to the 2022 "Getting Paid in America" survey from the American Payroll Association. Perhaps, people choose to receive payments from their e mployers through direct deposit because of the convenience and security it offers when getting paid.
If you're more into what this digital era has to offer, you must have certainly come across payment services such as Cash App, which offer a more convenient, safe, and quick way to receive direct deposit payments.
Over the years, Cash App has gone beyond offering just money transfer services, as it now offers an easy way for employees to receive direct deposits from their employers—faster than most banks. But how quick?
In this guide, we'll see what time does Cash App direct deposit hits on the most popular days you should expect to receive a payment from your employer.
Direct deposits through Cash App are made available as soon as they are received on the app, and can arrive two days earlier than most banks, according to Cash App Support. If you're receiving direct deposits through Cash App for the first time, it might take even longer than expected to reflect in your account, but the range is usually between 1-5 business days.
What Time Of The Day Does Cash App Direct Deposit Take To Hit?
The exact time it takes for direct deposits to hit Cash App can't be easily determined since the process is dependent on some factors that highly influence the process. However, some sources report Cash App direct deposits typically hit accounts between 12:00 AM and 9:00 AM Eastern Standard Time (EST) in each recipient's timezone.
If the direct deposit is made before 5:00 PM EST on a business day, the funds will be available in your Cash App account by the next business day. If the deposit is made after 5:00 PM EST, or on a weekend or holiday, the funds will be available in your Cash App account within two business days.
Cash App direct deposits can take between 1-3 business days and up to 5 business days to hit accounts on Mondays. While some factors can influence the exact time to expect the direct deposit, it usually hits accounts between 12:00 AM and 9:00 AM Eastern Standard Time of the day once it has been initiated.
Cash App direct deposits hit accounts between 12:00 AM and 9:00 AM EST on Tuesdays once it has been initiated. However, it can take 1-3 business days for the direct deposit to hit your account depending on a couple of factors that influence the timing.
Cash App direct deposits usually hit accounts between 12:00 AM and 9:00 AM EST on Wednesdays once it has been initiated by the employer. Nonetheless, depending on some factors, it can take between 1 to 5 business days to hit your account. Direct deposit times can take longer on Wednesdays since it is the day most employers choose to send payments, resulting in longer processing times.
Direct deposits through Cash App usually hit accounts between 12:00 AM and 9:00 AM EST on Thursdays once initiated by the employer. You should expect the direct deposit to hit your account between 1-3 business days or up to 5 business days if it's the first time you're receiving a direct deposit on Cash App.
Direct deposits on Cash App usually hit accounts between 1-3 business days or up to 5 business days if it's the first time you're receiving a direct deposit on Cash App. You should expect to receive your direct deposit between 12:00 AM and 9:00 AM EST on Fridays once it has been initiated by the employer. Again, it is worth mentioning that this timing depends on some factors that might delay or accelerate the timing.
Usually, you shouldn't expect to receive a direct deposit on a Saturday since this one is a holiday or weekend. If your employer sent a direct deposit and the timing has given you Saturday as the expected day, you should rather expect to receive your direct deposit on Monday, which is the next business day (after Friday) between 12:00 AM and 9:00 AM EST.