22 Jul Benefits Of Direct Deposit

Want to save yourself 20-30 minutes every other week? With time being more precious now more than ever, direct deposit can save you a trip to the bank every time it’s that time of the month when your employer is generous enough to reimburse you for your time at the office. Below are some benefits of direct deposit:

Faster!

Money appears in your bank account faster than heading to the bank and depositing your check. There’s nothing worse than having to wait 2-3 business days for your check to “clear”. This becomes even more frustrating when your bank gives you a hard time for no apparent reason or you had to wait in line for 45 minutes because everyone in your town gets paid on the same day.

Greener!

Direct deposit is paperless. Therefore, you can probably save a tree or two during your lifetime by eliminating the use of physical checks. Do you pay bills online? Isn’t it a lot better not having to worry about a stamp or hoping that your bill gets there on time? Direct deposit cuts down on paper and is better for the environment. It makes you feel good too!

Reliable!

Life happens. Sometimes you could misplace your check or just flat out forget to deposit it (that would be a nice problem to have). Direct deposit prevents this from happening. Your employer more than likely has a database that you can log into to check statements and such, just in case you want to make sure you are getting paid for what you are working.