I would like to see Monzo USA offers early credit (up to 2 days) for all direct deposits. Most of the banks including N26 and Revolut offer this feature.
It’s a great feature, and one that Monzo has recently rolled out to UK users, so I’d imagine it will come to the US as well.
BTW - Revolut isn’t a bank.
Thanks for supporting this idea.
I have been banking with Revolut although it is a Fintech app like Monzo
This early credit feature will make a huge difference in case of long weekend and holidays Of course, you need to keep a reserve until the next paycheck.
This would be really great!. Especially if it was enabled for all incoming ACH transfers like Monzo does in the UK with BACS.
I have never had a bank that did this in the US, so I am not sure if those that did treated all ACH transfers the same, or just one’s paycheck. I do know that they tended to be automatic and did not require any intervention by the customer.
There are many banks in USA offer this early credit for direct deposit paycheck.