Early direct deposit is the game changer you need.

Everyone loves payday - whether you get paid weekly, bi-monthly or monthly, nothing quite beats that feeling when your money finally hits your banking account.

When you get your paycheck via direct deposit, the money goes straight into your banking account so you can spend it immediately or set it aside as savings. It’s no wonder that direct deposit is the most preferred method for receiving paychecks as it offers convenience and makes it much easier to manage your money.

But what if direct deposit could be made even better? Say, if you could get your paychecks earlier than everyone else?

You would be able to access your funds quicker and do more with your paycheck, whether it’s paying bills, spending on everyday transactions or even saving up for that vacation you’ve been dreaming of.

Read on to find out why having early direct deposits is a real game changer when it comes to getting paid!

How do early direct deposits work?

Typically, your employer processes payroll by submitting files to the federal reserve to let them know how much each employee will be paid.

The federal reserve works with your financial institution and tells them how much and when to distribute your paycheck. Traditional banks will hold onto the funds and wait till the date specified by your employer before they deposit the money into your account.

That is, of course, unless you have a Current Premium Banking Account!

With a Premium Account, Current makes those funds available to you right away instead of holding onto your money. This means you could get your paycheck up to 2 days earlier (sometimes even earlier!).

Stay on top of bills

Rent, utilities and phone bill - all these essential expenses tend to accumulate at the end of the month. With early direct deposits, you can get your paycheck before the month is up. That means no more having to worry about falling short, paying late fees or worse of all, paying overdrafts that add up.

Boost your savings

With early paychecks, if you normally get paid on Fridays, you could see your paycheck by Wednesday. More money earlier means more money to set aside for saving, whether it’s for a vacation or a rainy day. To reach your goals faster, try using savings pods and automated round-ups on Current.

Get paid earlier with Current

Getting paid earlier lets you do more with your money. Boost your savings, pay bills on time and plan more. Early direct deposit is the game changer you need to help you make the most of your paycheck and potentially avoid having to pay additional fees.

Ready to receive your pay early? Download Current now, available on the Google Play and App Store.

Banking services provided by Choice Financial Group, Member FDIC. The Current Visa Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.